Insurance for Tenere
 

Hi guys, just got my first renewal through from Bennetts and premium has gone up from �34/m to �49/m!!!

To me thats a bit steep, esp as first year was my first year of riding and �34 was reasonable....50% more a month is a bit much...

So, what insurance companies do you use for insuring your Tens?

Horror stories? Good stories? would be helpful as want to try and go for something reputable....

Bear in mind i will be phoning around for the best deal, but just wanted a heads up on what you guys all use?

Think yourself lucky, mines nearly 3 times that!

Bennetts wanted to put my annual premium up from �110 to �135 in May, which is about 20%. I am now with Carole Nash for �105 fully comp. Bennetts stayed competitive for two years, then tried the usual "you've been with us for a couple of years so won't bother shopping around" tactic, which failed. Moral - doesn't matter what broker you use it'll get different results for different people, just make sure you shop around (every year)!

I spend hours shopping around and firstly, fully comp is a no no and i cant get my anual premium on the good side of a grand. thier excuse is always my age but ive got mates that can get fully comp on 2 litre cars for less than third party fire n theft on my bike

I'm lucky - safe age (old fart), safe job (teacher), safe area (inbreeding is the only crime here!)

Use the websites for quick quotes - really easy.

Hi,
I use aquote. �154.33 for a dual bike policy. XT660R and a BSA D1.
Hope this helps
Dan

You say per month, so this might not actually be the premium. Lots of brokers have put a huge markup on financed premiums. It's not the premium that has gone up by such an amount, it's the ability to pay it monthly.

When the renewal for the TTR came through, a whole �75 for the year, Carol Nash, or rather JustBikeInsurance, offered me the ability to pay monthly, which was something like �70 up from, then �20 a month for three months...

Consider other ways of paying the premium, some credit cards have 0% interest on balance transfers. So you could pay your insurance on one credit card, then transfer the balance to a 0% one and you might make a saving.

There are lots of things that affect your premium, from where you live to the job you tell them you do. I dropped my premium by changing from 'Consultant' (which is what my employer wants to call me) to 'Telecoms Engineer' (which is what my employers business is). You cannot lie on these forms, but when presented with a list of employment choices, you can chose carefully.

Having a mortgage, or children helps too (although it's false economy to get either just to reduce your premium!).

Suprisingly, alarming your garage, or using multiple locks, or any other security measures above the 'list' they have makes no difference at all. Stupid in the extreme I'd say.

Having modifications made no difference to my premium this year, I listed everything and the cost - Carol Nash told me unless it increases the power by 10% over the advertised power of the bike it didn't matter. I sent them a letter detailing all my modification, and the prices, to them. If the bike gets nicked then I want to ensure they have a full list of what is there.

Use the comparison sites to see how you can get your premiums down by tweeking the answers. Or better still go to Martin Lewis's site www.moneysavingexpert.com for some other advice or cashback deals.

EDIT - I had a dual bike policy (Tenere & XJR1300), when I took the XJR1300 off, the premium went up ! Go figure that one out......

at 19 im paying �90/m on my XTX, the fact that it has the restrictor kit on it makes the insurance more expensive because its a modification. Insurance is a joke, and in September im gonna be adding an XTZ to it because im going on a trip - should be amusing to see what i get quoted!

my best quote was �90/m on an xtx, it goes up a lot on the ten even tho its the same engine and thieves need step ladders to steal it :D

Don't worry - it only gets better with age (unlike some things).. �79.36 p.annum fully comp!

yup yup just got my quote through for �100 all in and thats before I start searching then haggling.

hastings direct actually advised me to cancel and then re insure so I get the new business price every year, result

am happy at 100 quid but I will be happier with 70 :) ohh I aint that old either but got 9 years no claims

just keep searching around and pay what you can afford then slowly it will go down.

Another thing is look at exactly what they're quoting you for. You be surprised what sort of "add-ons" they include (or don't)! Do you really need the insurer's breakdown cover for example if you've already paid for it, have new bike with Yamaha Assist or get it with your bank account for free? I was talking to a girl at work only the other day who had just realised she'd got three lots of breakdown cover for her car!

Protected no claims? Helmet and leathers cover? European cover? Pillion cover? Legal cover? Luggage? The list is endless, and they all add to the cost whether included, or added on... What do you personally need? Find the cheapest quote, then get that policy (who ever its with) tailored exactly to you needs, don't accept their initial "off the shelf" quote.

just got mine sorted �79 for the year fully comp plus protected no claims and pillion cover, will get �10 cash back in three months so result

was considering 3rd party f&t for �59

always seek out a new policy to reinsure just costs you extra

Just renewed my insurance. �201 for the new Ten and the old Ten as company vehicles in one. Fully comp and no excess. All else covered. Pleased.
Must be age. Bus pass and winter fuel allowance next.

Rob