London bike insurance
Discussion
Pan European ST-1300.
I've had this bike SORNed for over a year due to being away from home a lot and general lack of cash. The last time I paid for insurance was pushing 2 years ago.
Like owning a bike in London in general, insuring one also seems to have headed south in a major way.
Only getting 3 companies even quoting. Two of the quotes are over £2000 and then there is MCE at £300. Although it is a £1500 excess, but still a £300 premium is a lot cheaper than £2000.
I've always heard MCE are s
t. Do I have any other options (moving out of London I know someone will say it....)? If I use MCE, is there anything I need to watch out for?
I've had this bike SORNed for over a year due to being away from home a lot and general lack of cash. The last time I paid for insurance was pushing 2 years ago.
Like owning a bike in London in general, insuring one also seems to have headed south in a major way.
Only getting 3 companies even quoting. Two of the quotes are over £2000 and then there is MCE at £300. Although it is a £1500 excess, but still a £300 premium is a lot cheaper than £2000.
I've always heard MCE are s
t. Do I have any other options (moving out of London I know someone will say it....)? If I use MCE, is there anything I need to watch out for?creampuff said:
If I use MCE, is there anything I need to watch out for?
Yes.Don't ever need to make a claim, amend your policy, speak to someone about your policy, think about your policy or even have a policy unless it's the third Tuesday of the month, your wife is menstruating and your middle name is Eric.
Alternatively, move out of London, it's s
t.A number of threads running on this very topic London insurance this year.
A number of us 'forced' to go with MCE as basically the only cost effective premium choice. Low premium high excess is the norm for MCE for London or I pay more than double my premium for the next best with a more normal excess insurer.
Gavia will be along to say you can insure your excess too
Yes we all heard you lol
In a couple of weeks time I'll be most likely starting my extraction from London living, I'll just be coming here for now for work/business reasons after that and highly likely will end my daily bike commuting too.
A number of us 'forced' to go with MCE as basically the only cost effective premium choice. Low premium high excess is the norm for MCE for London or I pay more than double my premium for the next best with a more normal excess insurer.
Gavia will be along to say you can insure your excess too
Yes we all heard you lolIn a couple of weeks time I'll be most likely starting my extraction from London living, I'll just be coming here for now for work/business reasons after that and highly likely will end my daily bike commuting too.
sjtscott said:
In a couple of weeks time I'll be most likely starting my extraction from London living, I'll just be coming here for now for work/business reasons after that and highly likely will end my daily bike commuting too.
Same.. I moved out of living in London last year and in 3 weeks time I will cease working here as well. About to start my biking career now that I've moved to the Essex badlands from London.
Naturally been looking at bikes and insurance costs. Despite having a garage in London, virtually no insurer would touch me for something like an NC750X with zero riding experience and a new licence (or they'd charge a massive premium with similar excess that it wasn't worth it) that I had to wait to move out before I learned to ride.
Moved to Colchester and the same bike but left on the road overnight with the same (non) level of experience came out at £140 fully comp with Bennett's. (That included personal injury, breakdown and leather cover as well!). Excess all in was £450 but I can live with that.
It's mental in London.
Naturally been looking at bikes and insurance costs. Despite having a garage in London, virtually no insurer would touch me for something like an NC750X with zero riding experience and a new licence (or they'd charge a massive premium with similar excess that it wasn't worth it) that I had to wait to move out before I learned to ride.
Moved to Colchester and the same bike but left on the road overnight with the same (non) level of experience came out at £140 fully comp with Bennett's. (That included personal injury, breakdown and leather cover as well!). Excess all in was £450 but I can live with that.
It's mental in London.
I have just got insurance for a Street Triple R, live central in town - i used one of the basic comparison sites to get my quotes and was getting the same results as you, (just MCE, around £2k+)
Until.........i removed cover for a pillion, give that a try, got results from another 3 firms and reduced it down to nearer a grand, which isn't bad considering my record.
Until.........i removed cover for a pillion, give that a try, got results from another 3 firms and reduced it down to nearer a grand, which isn't bad considering my record.
btdk5 said:
isn't bad considering my record.
U r bad man? Well somebody emailed me about a job in Paris earlier today. I'm hoping that could happen. It would be so refreshing to be able to leave a bike somewhere on the street with only the steering lock and have it still there when you get back, plus no
s on scooters stealing things, stabbing people, throwing acid plus police who aren't afraid they themselves will get banged up if they arrest someone. creampuff said:
btdk5 said:
isn't bad considering my record.
U r bad man? Well somebody emailed me about a job in Paris earlier today. I'm hoping that could happen. It would be so refreshing to be able to leave a bike somewhere on the street with only the steering lock and have it still there when you get back, plus no
s on scooters stealing things, stabbing people, throwing acid plus police who aren't afraid they themselves will get banged up if they arrest someone. Thefts in France are double UK.
2016 figures from https://www.bikerandbike.co.uk/uk-far-worst-motorc...
"Compare that to France (pop. 67m) with 55,400 motorcycle thefts and Italy (pop 60m) also 55,000, and it’s clear there is a problem on the Continent.
By contrast, only 27,217 motorcycles and scooters were stolen in the same period in the UK, which has a population roughly similar to France."
2016 figures from https://www.bikerandbike.co.uk/uk-far-worst-motorc...
"Compare that to France (pop. 67m) with 55,400 motorcycle thefts and Italy (pop 60m) also 55,000, and it’s clear there is a problem on the Continent.
By contrast, only 27,217 motorcycles and scooters were stolen in the same period in the UK, which has a population roughly similar to France."
And how many motorbikes and scooters are there per head in France and Italy? I'll bet it's a LOT more than in the UK.
And as pointed out - the overwhelming number of UK thefts occur in London.
ETA -
Spain (2014): 3,005,600 (Tablas estadísticas)
France (2014): c. 3,600,000 (Le nombre de moto en France et l’accidentologie), (2015): c. 3,839,885 (Marché moto/scooter Europe : La France numéro 1
Italy (2014) 6,505,620 (http://appsso.eurostat.ec.europa...), (2015) 6,765,174 (ACEM)
UK - 1.3 million https://www.statista.com/statistics/312594/motorcy...
LRSU estimate that the registered motorcycle population in London is in the region of 110,000 ( http://content.tfl.gov.uk/london-motorcyclists-fin... )
15,000 stolen a year in London - that's a pretty shocking ratio!!!
And as pointed out - the overwhelming number of UK thefts occur in London.
ETA -
Spain (2014): 3,005,600 (Tablas estadísticas)
France (2014): c. 3,600,000 (Le nombre de moto en France et l’accidentologie), (2015): c. 3,839,885 (Marché moto/scooter Europe : La France numéro 1
Italy (2014) 6,505,620 (http://appsso.eurostat.ec.europa...), (2015) 6,765,174 (ACEM)
UK - 1.3 million https://www.statista.com/statistics/312594/motorcy...
LRSU estimate that the registered motorcycle population in London is in the region of 110,000 ( http://content.tfl.gov.uk/london-motorcyclists-fin... )
15,000 stolen a year in London - that's a pretty shocking ratio!!!
Edited by Dog Star on Wednesday 18th July 11:02
Dog Star said:
And how many motorbikes and scooters are there per head in France and Italy? I'll bet it's a LOT more than in the UK.
And as pointed out - the overwhelming number of UK thefts occur in London.
ETA -
Spain (2014): 3,005,600 (Tablas estadísticas)
France (2014): c. 3,600,000 (Le nombre de moto en France et l’accidentologie), (2015): c. 3,839,885 (Marché moto/scooter Europe : La France numéro 1
Italy (2014) 6,505,620 (http://appsso.eurostat.ec.europa...), (2015) 6,765,174 (ACEM)
UK - 1.3 million https://www.statista.com/statistics/312594/motorcy...
LRSU estimate that the registered motorcycle population in London is in the region of 110,000 ( http://content.tfl.gov.uk/london-motorcyclists-fin... )
15,000 stolen a year in London - that's a pretty shocking ratio!!!
Interesting but frightening statistics.And as pointed out - the overwhelming number of UK thefts occur in London.
ETA -
Spain (2014): 3,005,600 (Tablas estadísticas)
France (2014): c. 3,600,000 (Le nombre de moto en France et l’accidentologie), (2015): c. 3,839,885 (Marché moto/scooter Europe : La France numéro 1
Italy (2014) 6,505,620 (http://appsso.eurostat.ec.europa...), (2015) 6,765,174 (ACEM)
UK - 1.3 million https://www.statista.com/statistics/312594/motorcy...
LRSU estimate that the registered motorcycle population in London is in the region of 110,000 ( http://content.tfl.gov.uk/london-motorcyclists-fin... )
15,000 stolen a year in London - that's a pretty shocking ratio!!!
Edited by Dog Star on Wednesday 18th July 11:02
As you've identified, the overall population of the area/country is pretty irrelevant. It's the number of motorcycles in that area/country that's important. These figures paint the UK in a very poor light and London as really bad (which we all knew anyway.) It's a shame that, even with this sort of evidence, law enforcement agencies don't seem to see this as a priority in any way.
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