Guys since passing yesterday, I have been trying to get quotes on a new MT07 and failing miserably.
My current insurer doesn’t want to take on the policy (basically pricing me out), and others are coming in at around £900-1300 fully comp…is this normal?
I’m in the Romford area and using for commuting so given mileage as about 9-10k.
Got a thatcham 1 alarm fitted and other security but parked on drive at home.
Any tips??
Try Cornmarket on 028 9033 2111. They give discounts if you’ve passed the IAM Advanced test, but will quote you even if you haven’t. My renewal has come thorugh at £289 where the next best quote, so far, is £700.
Could try Principal insurance as they are competitive. As above though, first year on a big bike that is normal. My first year on the RR was £1K and only one company quoted that. All the other quotes were over £2K.
Heck, be careful with MCE insurance, as they have a massive excess on their policies. When I was last getting quotes from them, which changed a lot on a daily basis, the excess was about £2000.
You’ve an RM postcode and no solid iron vault to keep your bike in, so yes any nice bike will cost you. Look for an old sub £2k, get it insured TPFT (because it won’t be worthwhile claiming if you bin it).
Dunno, how old you are, but 4 years ago, in same situation (RM9 postcode) and aged 33, I got a Yamaha FZS600 for £1800. First years insurance was a spot over £400 TPFT (£500 excess I think). The premium halved on the second year though.