I only commute in 4 days a week now but that seems to make a big difference to my premium
At 22 when I took out the policy with a rider fault write-off then 2 1/2 years ago, I am currently paying about £400 on a TDM900 and I think I told them I do 14000 miles. This probably isn’t too far from the realistic value now, maybe 20% out.
Just looked at how much it’s likely to cost me this May (now 23, obviously) when it’s due again and it’s looking to be around £370. I’m quite happy with this. I live in Kent but commute into London so postcode is probably keeping it down with the IAM. I don’t think the IAM actually does anything to it
I looked at a 2013 KTM 1190 Adventure, £1400, and a 2010 VFR1200F £1300. (both for the cheapest mid-miler non-write offs I could find on the ebays). I’d like to own these bikes but not enough to part with the extra cash and put up with the added depreciation and risk of theft.
Would it be the end of the world to ride something other than a sporty bike? My TDM is very comfortable, fun when I want it to be, highly undesirable. It’s no slower than any other bike when it’s -3 outside and treacherous conditions.
The fastest biker I’ve seen this last week was a guy who really knew how to hustle a Deuville. Not very sexy though, but I bet he doesn’t worry so bad about it getting nicked.
Or, could you buy a used one - even nearly new, with a lower value, and then hopefully you’d be insuring something of lower value?
But I get the frustration I really do, you work hard want to treat yourself a bit and get royally shafted by insurance. If it’s your dream bike, and you wouldn’t be on the breadline after insuring it, shop around till you can get it for £1800 insured or so and just go for it. You can’t take the money with you and you’d probably still be saving money and time on the train… maybe