What chance to young riders have? (Insurance rant).

[Beemer-5]

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?

[Beemer-5]

Rawwr said:

Postcode? Any claims?

Friend of mine (who does earn a LOT) paid £3,400 to insure his GSX-R600 K7.

He lives in Sheffield City Centre and has one speeding fine only.

[Beemer-5]

I think he will pay for the first year, get the bike out of his system, then think again.