What chance to young riders have? (Insurance rant).
Discussion
A local lad (22), who has been riding a Bandit 600 for 3 years has just bought himself the bike of his dreams, a 2004 MV Agusta 750, which he got at a fairly handy price on E Bay.
Insurance companies are either saying a blank NO, or talking about £2,700 per year.
This seems crazy or is it really the going rate now?
Insurance companies are either saying a blank NO, or talking about £2,700 per year.
This seems crazy or is it really the going rate now?
Sounds like they simply dont want the business, as their statistical model says he will crash, or it will be nicked.
Cosmetic damage on an Agusta is enough to write them off, with the cost of the panels etc.
Its almost certainly worth trying a few other brokers (BikeSure were good for me, as were MC Edwards with a zero NCB). Probably worth hiring a (brick-built) council garage (yes, even if its 1/4 mile away and utterly useless in terms of security) and seeing what difference a SoldSecure(ha ha, I know) chain makes.
Cosmetic damage on an Agusta is enough to write them off, with the cost of the panels etc.
Its almost certainly worth trying a few other brokers (BikeSure were good for me, as were MC Edwards with a zero NCB). Probably worth hiring a (brick-built) council garage (yes, even if its 1/4 mile away and utterly useless in terms of security) and seeing what difference a SoldSecure(ha ha, I know) chain makes.
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