Wot? $784 from QBE for my 2005 Fatboy. What's that all about? OK, riders might get more injuries in a prang, but they travel less miles per year than cars, plus in the event of a prang between a bike and car how much damage is the bike going to do to the car driver? Can anyone recommend a better insurer?
I found GIO to be the best price wise
Thanks Bano - can you believe 250's are up 100%.
This lot quoted me $646. That's a start I guess.
www.valuegreenslips.com.au
Fill out this form and see how you go..............................http://prices.maa.nsw.gov.au/index.html
(Yes, they will check your demerit points!)
mine is due in january , dont know how much yet, was wondering how much was youres stemer ithink central coast might be a fair bit more than here also whats happened to rocker c he seems to have gon quiet
Gor my 08 heritage with swann. Got the renewal notice 2 weeks ago and it was dearer than last year. Was about $620. Rang them and asked what gives, increase premium etc, they dropped $100 back to $520 no questions asked. They did the same thing last year. When I asked how come they can drop it every time I ring, answer was they respond to the market. Hmmm. My brother in law has his with Shannons, it was best for him with bike garaged in Melbourne.
Mine is due on tuesday and is $433.00 with the NRMA...1995 FXSTC
The Motor Accidents Authority (I didn't need someone had the authority to control accidents) site has a comparison chart that shows mine as cheapest with NRMA $599. I have four points missing from my license but it seems this only adds about $20 to the rate. Thanks Burto.
This is the info from the site Bano referred me too. Is the whopping increase for 250s just a result of how many are on the road, making the accident stats look like they are more dangerous? Or maybe they are, with a lot of learners on them. The first sentence shows the weakness of the new categories - R1s are about the same capacity as a Sporty but the accident rate would be a zillion times higher.
The new classifications do not include consideration of other risk characteristics such as the type of motorbike or pillion capacity.
The new classifications result in a major realignment of prices. Some motorbike owners will benefit from sizeable decreases in greenslip prices, whilst others will be required to pay significantly more.
We have surveyed prices as at 30 June 2010 and 1 July 2010 for a range of motorbikes in the Sydney Metropolitan and Country areas. The results, showing the average change in price between those two dates are set out in the table below.
Hardest hit will be motorbikes at the bottom of the 226cc to 725cc classification, such as 250cc motorbikes. 250cc motorbikes were previously classified with 101cc to 300cc motorbikes. For a 250cc motorbike the survey shows an average increase in price of 88.9% in the Sydney Metropolitan area and 107.3% in Country areas.
The survey shows that prices have increased in the three classifications for motorbikes above 726cc. The average increase in price for an 800cc motorbike is 5.2% in the Sydney Metropolitan area and 1.9% in Country areas. The average increase in price for a 2,000cc motorbike is 19.8% in the Sydney Metropolitan area and 13.0% in Country areas.
Motorbikes in the 1,126cc to 1,325cc classification have shown a higher average increase in price than other large capacity motorbikes. For a 1,200cc motorbike the survey shows an average increase in price of 34.9% in the Sydney Metropolitan area and 24.6% in Country areas.
The biggest winners are motorbikes in the upper range of the 226cc to 725cc classification, such as 400cc and 650cc motorbikes. Those motorbikes were previously classified with all motorbikes over 300cc. For both 400cc and 650cc motorbikes the survey shows an average decrease in price of 27.3% in the Sydney Metropolitan area and 29.6% in Country areas.
Some small capacity motorbikes under 225cc will also benefit. For a 125cc motorbike (such as a scooter) the survey shows an average decrease in price of 9.9% in the Sydney Metropolitan area and 3.9% in Country areas.
Interestingly, the survey also shows that for an older rider with good claims and driving records, the benefit of shopping around to compare prices will in some cases save several hundred dollars, whereas for a young rider with bad claims and driving records, the benefit of shopping around will generally be less than $20.00.
The trends shown in the table are based on a sample of greenslip prices as at 30 June 2010 and 1 July 2010. Greenslip prices change over time and in every case need to be checked on the basis of specific motorbike and owner details.
Just used the greenslip website to chase one up for my heritage, $ 414 at GIO.
mines under 600k 07 heritage , insured for 36.000k, swann. cheers and good luck.
GIO $483 !!! Compared to $784 with QBE, but I already have the QBE greenslip. Now for an interesting challenge trying to get a refund on the QBE one. I asked GIO if they would refund mid term but they said it depends. On what? Anyway, what a rip off. Thanks for all the advice guys. Much appreciated.
i think it is just a game insurance companies play at we shop around every year qbe was the cheapest that we found this year but you can guarantee next year that they wont be the cheapest it will be some other insurance companies turn take into account AAMI insurance owns lots of other insurance shannons.suncorp etc
Steve there is a game that airlines, petrol stations and supermarkets play that is designed to keep the average price up. e.g. asparagus is $2 today and $4 tomorrow but is the same bunch. Two results 1) nobody knows for sure how much asparagus really is and 2) it catches people who arrive with a shopping list and definitely need to buy asparagus that day. Just like petrol - when the gauge says empty you are stuck with whatever price fuel is today so this keeps the average price up. Maybe it's the same thing. It sure caught me.
taffy just a theory you shop around and find a good price for your insurance then say it is $200 less than anyone else and thats who you go with next year you get a renewal from your insurance company that you are happy to deal with because they were $200 cheaper .And as most people have busy lives they will usually just pay it .But if they had the time to look it ends up being dearer than anywhere else.And this is where i believe the insurance companies are playing a game.I would almost call it collusion.I have a friend that works for aami insurance and they were telling me about all the other insurance companies they own. so what chance have you got!
if you are a hog member and purchase your insurance through QBE insurance you get 10% discount.I dont know about other insurance companies. but its worth asking
The renewal for my 08 Heritage just turned up in the mail. Thanks QBE, price is similar to what it was last January ($500 plus).
But, and here's the clincher, I DON'T HAVE A F*CKIN' HERITAGE ANYMORE!!! The QBE Assessor wrote it off following my prang some four weeks ago.
Maybe the QBE Assessors should meet the QBE Renewals people and chat once in a while...
Remember this, ya F*ckwits?!
