Classic Insurance

Motorcycling
1

Just had a quote from my own insurance company (R1) for my new toy, a 1982 GS550 Kat, fully comp on my R1 just over £300, TPFT on the kat on a sep policy - £110 with agreed value of less than £400, which I feel is bit steep. Anyone have any experience of a good insurance co? or am I just being a bit tight? Cheers

2

Try Footman James, Carol Nash or Ebike, all do classic policies.

Problem though is that if you’re putting it on a seperate policy to your other bike you won’t be able to use the no claims that you’ve earned for that one to get a discount on the new policy.

Cheapest is normally to stick it on your existing policy as typically for something like a GS550 it’'ll not be much more than a £25 admin charge.

3

Thanks mate, my existing insurers do a multi bike but they cant change my policy mid term - apparently. I would have to cancel my existing and take out a new multi bike policy and lose any no claims built up for this year. Dont you just love insurance companies!! Guess who I wont be renewing with later this year.

4

I’d endorse the first two of those mentioned above, but expect Carol Nash to come out best.

If you still have the bike in 3 years time, you’ll get extra discount via the Vintage Motorcycle Club.

Weird. A '78 Japanese machine is now “vintage”. If looked after, some of those are just about run in. Was talking to a Kawasaki Z900 owner on Monday. 1 owner, 180K mileage.

5

Thanks guys, just insured it for £56 TPFT through ‘just motorcycles’ with Norwich Union. Will change to a multi bike when the R1 insurance runs out at the end of the year.