Insurance? Comp vs TPFT in this day and age.

Rilot · 29 Jan 2013 at 11:46

Is there really any point in Comp insurance for bikes these days? I mean, with prices so high for making a claim and excesses at the £500+ level the only time you're going to claim is if you totally bin your bike in a big way. A stand fall or a lowside will be cheaper to fix yourself than make a claim.
TPFT for my Tuono is £80 per year, Comp is £260. Not a huge amount of money but still.

Do you bother with comp?

Rilot · 29 Jan 2013 at 12:23

I'm seriously considering going TPFT for the Tuono. I've got crash bungs which work really well on the Tuono so a stand fall is only going to result in a few scuffs. I don't have any bodywork to destroy.

I'm just paranoid that the minute I make the switch is the minute I overcook a corner and end up in a ditch.

Rilot · 29 Jan 2013 at 12:51

Well, it's a 2008 model and valued at about £5.5k
The only things I wouldn't be able to fix myself with bits from ebay are wheels (OZ are stupidly expensive), and Frame (obviously).
Ohlins front ends are readily available for £800 ish. Bodywork is the same across the range so there's plenty available. Some of the carbon bits can be a bit hard to source but other than that, there isn't much else to it.

The way I'm thinking is that I'd have to have a pretty serious off that was completely my own fault in order for me to make a claim.
There's always the risk of being hit by an uninsured driver though......

Rilot · 29 Jan 2013 at 12:57

edd1e said:
On £5.5k bike I would be buying comp for sure...

I guess you're right. If I did have that bad off, I'd be kicking myself if all I was left with was a wrecked bike for the sake of £150 ish difference.

Rilot · 30 Jan 2013 at 11:16

I went with comp in the end. For the small price difference I decided that it was worth it.