Insurance advice please.

[Dfran8]

Hi,

I am finishing the year with sad news, cause i sold my Panigale last month. I live in London and i didn´t see the point of having a Superbike here.
I still don´t know fellows to ride with and a bike like this is not for huge traffic and commuting...

So now i´m bikeless but thinking about getting another one. Despite i love racing bikes, i guess the best option for me now would be a Monster ( I am in between the new 1200 or perhaps a cheaper option, a second hand 1100evo...).

But i´ve been told that having a motorbike in the UK isn´t cheap at all and i am a bit scared. Insurance, taxes, parking in London!

So, before doing anything i´d like to have an idea of how much would it cost me, starting for the insurance of the bike.

Any aprox figure for a reasonable insurance for one of those Monsters? Is it any difference in prize under 1000 cc? (in that case i would consider the 796).

Thank you in advance. ;)
Cheers.

[Jonzi]

I live in Uxbridge, way out west London
I am 35
I work in IT.
I ride a Monster 796
I have had my full bike license for 2 years
I have had my car license for about 9 years
I own a car
I have 3 points that are due to come off in 5 months.
I have done bike safe
I have had one accident that is going to court and will hopefully rule in my favour.
I have zero years NCD
The bike is parked on a drive way.
It has an alarm and a tracker.
It's used for social and commuting.

With Swindlers, I pay £1700 a year, plus all the added crap they put on for paying monthly, so it comes in to around £2000.

I called Ducati insurance a month or so ago, and they said they would be able to do it for I think £900 a month with 1 years NCD and £700 with 2 years.

That is fully comp.

Hope that helps!

Also, if you buy a monster then check out the good people at ukmonster.co.uk

[Dfran8]

Hi! thanks for the info

2000 pounds a year???? that is a lot! I was paying 1000 euros a year in Spain for a Brand new Panigale, full insurance, all extras included!





Wow... is so expensive in here.
I really need to do numbers... Will ask around a bit more cause if i don´t find something cheaper than that... :(

[skidlids]

Living in London certainly seems to add a premium to insuring a bike, especially if it's not garaged.
Living in Oxford with full no claims and 5 bikes on the insurance including the modified 998R and the 1100 Monster I pay between £450 and £500 a year with Ducati Insurance

[Gobert23]

If you're going to keep the bike in London, then the first thing that you may want to consider is the cost / benefits of secure parking.

Sometimes it'll make no difference to the overall cost of your insurance premium, but I would guess that it 'could' equate to an (ovarall) saving to the costs, if a bike is locked away in a secure garage.

The trick with on-street parking is to make your bike look less inviting to any would-be interested parties... Therefore, something that's not all that shiny or attractive can be a bonus.