Fully comp or TPFT on a £1.3k Bike?

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Soldato
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So I've bought a bike!

I'm picking it up on Saturday so need to get insurance in order to ride it back.

It's 20 years old and it's costing me £1.3k so not mega money but also still a lot to simply lose.

I wonder if fully comp is worth it over TPFT? The difference is increasing a premium from about £220 to £280.
 
so about a pound a week more for fully comp..

mine is fully comp and after a few years no claims the gap is even less.
 
For that difference I'd probably go FC.
FC for me was about 3 times the price of TPFT on my current bike so I didn't bother.
 
£250 excess, so basically £60 to cover a grand once you take out the excess.

This seems worthwhile I think.

Anyone got any horror stories with Hastings direct?
 
I would go for FC, with £250 excess and probably you will be able to ride other bikes with your insurance with comes handy sometimes.
 
I have a £1k scooter with TP only because tpft and fc I get crazy quotes, the two cheapest quotes:
TP: 169 and 177
TPFT: 170 (750 excess) and 320 (250 excess)
FC: 182 (750 excess) and 396 (300 excess)
 
My CBR is worth about 1K and I run FC insurance. I don't want to be without a bike and after a while TPFT and FC come out about the same....in some cases I've seen TPFT come out more expensive
 
arfoll said:
Yeah you might as well just buy a really good chain and risk it :cool:
Click to expand...

yeah.. that is what I did so far.
some people might think that I'm paying the same as TP as TPFT or FC, but with 750 excess I would not even claim anything to get less than £250 back and have a claim on my records.
 
One said:
So I've bought a bike!

I'm picking it up on Saturday so need to get insurance in order to ride it back.

It's 20 years old and it's costing me £1.3k so not mega money but also still a lot to simply lose.

I wonder if fully comp is worth it over TPFT? The difference is increasing a premium from about £220 to £280.
Click to expand...

Completely depends if you're happy walking away from an accident that was your fault with no bike and no pay out.
 
Where I'm at insurance isn't req'd on a motorcycle. its saved me a fortune ! It allows me to own multiple motorcycles and not worry about get ripped off on insurance.

To tell you the truth, i do now have insurance but only cos it costs next to nothing.. its something like $180 per yr to insure all FOUR bikes TPFT, just so i can relax if i go out and leave it out of sight and not worry about some charlatan stealing it and potentially loosing thousands.
 
I went with 'bemoto' in the end saw them on 44teeth, means I get £500 excess insurance. That means I can have a policy with a £500 excess (more than I'd normally want) and it's essentially a £0 excess.

Got fully comp for £250 and that's with full rac breakdown cover.

Can't grumble really and next year I'll have a year ncb.

My classic policy for my bonny doesn't collect ncb.
 
How come it doesn't collect ncb?

Also, were bemoto super amazing and understanding like they made out in the video, or are they just another bike insurance company? :P
 
Classic policies are just a bit different I think. It's understood that mileage is low and the bikes are not used like a modern bike.

Customer service was pretty spot on. It's a really small company, I looked them up on experian at work, quite what they'll be like when they start to expand I don't know, but at the moment they're certainly worth phoning come renewal time. The guy I spoke to was an actual company director lol. And all communication was through the same guy so it was pretty good in that aspect.

They're still a broker bound by their underwriters though so mileage may vary.

For me at least I think being able to whack the excess up (without actually whacking the excess up, thanks 44teeth) made all the difference to my quote.
 
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