NRMA are now competetive .. NOT
#1
I received a lovely letter this week from NRMA, trying to win me over for bike insurance. I have the house contents and car with them (and car greenslip) but their bike insurance premium last year was nowhere near the money so I went with IMR. The letter explained how NRMA was now in the position to offer me a competetive price, and if I contacted them I would be surprised. Well, I did contact them and I DID get a surprise Scary .. $1188.92 thankyou very much mr Gibbons. My IMR renewal arrived in the post yesterday .. $512.20 (down from $580.97 last year). It was originally $537 but as the bike is now garaged (as opposed to "kept in carport") I contacted them and they reduced the premium. The "sum insured" did go down from $9900 to $9600, but hey .. if someone offered me $9600 for it, I would snap it up in a heartbeat.

Cheers .. Dale
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#2
I got my renewal in the post the other day. Insure My Ride. $865, GenII, $15000 value. So I thought I would shop around for quotes. No one else came near, one quoted $3240. Another was around the $1200 mark and another around $1800.
Clearly they don't want Busas to insure.
So, I won't insure my car, house, boat or any new bike with them either.

I wonder if Insure My Ride do houses?
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#3
Try Shannon's, ask for limited use only Pi_thumbsup
It helps if you had no claims & fairly clean licence but Biker
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#4
Bahaha! The NRMA have made it abundantly clear that they do not want to insure motorcycles.
"casting dispersions on others credability." And their illiteracy.
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#5
(27-08-2011, 09:41am)Gordo Wrote: I got my renewal in the post the other day. Insure My Ride. $865, GenII, $15000 value. So I thought I would shop around for quotes. No one else came near, one quoted $3240. Another was around the $1200 mark and another around $1800.
Clearly they don't want Busas to insure.
So, I won't insure my car, house, boat or any new bike with them either.

I wonder if Insure My Ride do houses?

I am going with them as well. They had the most competetive price and seem to understand the bikes. Pi_thumbsup
"It is not a shame to not know, the shame is to not know and not to ask"
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#6
(27-08-2011, 09:59am)simmo Wrote: Try Shannon's, ask for limited use only Pi_thumbsup
It helps if you had no claims & fairly clean licence but Biker

Do I need to be a house and contents enthusiast ?? Pi_tongue
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#7
(28-08-2011, 08:30am)Dale Wrote:
(27-08-2011, 09:59am)simmo Wrote: Try Shannon's, ask for limited use only Pi_thumbsup
It helps if you had no claims & fairly clean licence but Biker
Do I need to be a house and contents enthusiast ?? Pi_tongue

No you have to say I'm a car enthusiast that's why I play with bikes Pi_thumbsup
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#8
I'm paying $1300-1400 PA with NRMA.
I'm 29, about 11-12 years of riding, no crashes or claims, one suspension.

I took what I could!
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#9
Sutur. I'm 26 no claims or crashes and my last busa was about $580 with insure my ride and one license cancelation a number of years ago. When I got my first one at 18 I was still only paying $900ish
Regards

Dan
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#10
(06-09-2011, 11:47pm)Dan85 Wrote: Sutur. I'm 26 no claims or crashes and my last busa was about $580 with insure my ride and one license cancelation a number of years ago. When I got my first one at 18 I was still only paying $900ish

Oh....
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#11
i went with GIO this time round and insured the busa for 1024.95 PA with a replacement value of $11.400 and my green slip dropped down to $634 for business use private was $100 cheaper
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#12
I'm paying $46.58/month with AAMI, agreed $12,500 + $1000 rider gear. Including HID, Exhaust mods. Rating 1 for life.
31, Male, no traffic issues.

Give them a look, they are part of Suncorp (so are a lot of insurance companies these days).
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#13
Just did mine with InsureMyRide for $581.46. That covers $15,990.00 for the bike, $1,000 for a riding gear and $2,000.00 for a bling. That is pretty good I recon Pi_thumbsup
"It is not a shame to not know, the shame is to not know and not to ask"
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#14
Not sure 'Rating 1 for life' means very much. Insurance companies are always telling half truths.

When applying for your insurance, you're always asked how many claims you've made in the last 5 years? I'm pretty sure any amount of accidents within that period gets rid of any benefit a life rating 1 would allegedly give us.
Carpe Diem!
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