Insurers for a Ducati Panigale
Discussion
Are there any specialist insurers that I should try for a Panigale V4? I passed my test 2 years ago and am thinking its time to go for a litre+ sports bike. I've run quotes for a few bikes; KTM superduke is £550. S1000RR, Tuono V4 £700 RSV4 £900 but the Panigale V4 is £3500 and only MCE quoted. Obviously I've discounted it for this year but even adding another year of riding and NCB only brings it down to £2200. How are people insuring them?
You might be priced out now, but give it a couple of years and you might be more favourable. One year my motorcycle insurance doubled - I asked why, and it was my postcode that was the issue, as it fell close to London and the bike theft issues were causing insurance prices to go up.
A year later, it went back down again to what I was used to paying.
Anyway, out of that lot you have some good alternative choices - the RSV4 or Tuono are just an absolutely stunning package.
A year later, it went back down again to what I was used to paying.
Anyway, out of that lot you have some good alternative choices - the RSV4 or Tuono are just an absolutely stunning package.
Those price differences are quite stark for such similar performance bikes.
Ducati's just plain uncompromizing and difficult to ride? Lots of circuit success so stolen to keep racing careers going?
I dont know myself.
Still,they should just make a good bike that is banned in any racing series on earth and I bet it would be cheap to insure.
Ducati's just plain uncompromizing and difficult to ride? Lots of circuit success so stolen to keep racing careers going?
I dont know myself.
Still,they should just make a good bike that is banned in any racing series on earth and I bet it would be cheap to insure.
Obviously lots of variables, value, postcode, cost to replace etc, plus your NCB and experience will all be factors.
Anything over around 20K will ramp up your insurance, so given the V4 depending upon model will break that ceiling easily will be an additional factor, you could always reduce the value, but that will obviously incur more risk on your part if you need to claim.
I've had many Ducati's (and still do), Ducati Insurance was by far the cheapest for many years but for the last few years there have been cheaper providers, I'm with BeMoto now and were considerably cheaper than DI.
Unfortunately you're buying a premium brand, which in turn means higher prices for everything, parts, servicing, desirability = potential theft etc etc.
To put this into perspective, I bought a new Gen3 Superduke R tail end of 2020, my Pani hasn't been ridden since I bought the SDR and I'm contemplating selling it currently.
Anything over around 20K will ramp up your insurance, so given the V4 depending upon model will break that ceiling easily will be an additional factor, you could always reduce the value, but that will obviously incur more risk on your part if you need to claim.
I've had many Ducati's (and still do), Ducati Insurance was by far the cheapest for many years but for the last few years there have been cheaper providers, I'm with BeMoto now and were considerably cheaper than DI.
Unfortunately you're buying a premium brand, which in turn means higher prices for everything, parts, servicing, desirability = potential theft etc etc.
- *Edited to add***
To put this into perspective, I bought a new Gen3 Superduke R tail end of 2020, my Pani hasn't been ridden since I bought the SDR and I'm contemplating selling it currently.
Edited by Freakuk on Monday 5th September 13:44
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