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-   -   Top tip for cheap insurance! (/showthread.php?t=1314)

Dunks 01-Nov-2004 23:02

Well.. it worked for me!

I faxed every number on the list.. got about 10 quotes from it, mostly competitive but some just plain silly like £1200!! I went for Laxtons at £650 fully comp on an ST2 with no NCB. That is about £200 cheaper than my current bike insurer. Great idea.. thanks for the tip. It took me an hour and ten minutes to do the faxing and saved £200. Gotta be worth a try...!

TP 01-Nov-2004 23:19

Quote:

Originally posted by Dunks
Well.. it worked for me!

I faxed every number on the list.. got about 10 quotes from it, mostly competitive but some just plain silly like £1200!! I went for Laxtons at £650 fully comp on an ST2 with no NCB. That is about £200 cheaper than my current bike insurer. Great idea.. thanks for the tip. It took me an hour and ten minutes to do the faxing and saved £200. Gotta be worth a try...!

I did it a month or so ago, and funnily enough ended up with Laxtons ..

GrizzlyHippo 14-Dec-2004 16:34

Simon,

Fantastic tip - thanks, I sent out a fax at the end of last week, had about 15 replies and saved about £60 over my existing insurance companies best quote, and all for minimal effort.

Laxtons were the best - £380 on my 749s, fully comp, termi, gauranteed NCD, riding other bikes, full legal cover.

Sorry I couldn't add any more fax numbers to your list, but I think there's enough there already.

Cheers,
Tom

weeian 10-Jan-2005 22:26

Quote:

Originally posted by Simon_London
I
1) get the fax numbers of as many insurance brokers as possible (I have a list of 50 odd so far and will share them/post them if others add to the list, and ultimately build a comprehensive list)

2) Fill out a word doc with all the questions that they will ask you (Again I have a template)

3) Use a PC Modem to FAX all of the brokers over night (can take a few hours as the form is 4 pages long!)

4) Wait until they Fax back their quotes

5) Re Fax the best Quote to all of them again

Repeat steps 4 & 5 until you are confident you have the lowest possible quote!




i am just about to attempt this, ill let you know how i get on.

/ian

weeian 16-Jan-2005 02:34

Well ive tried and from the first quote which was £2500 FC, ive got them down to £750 which im quite pleased with for my age, ill be happy if i can get another 150 off tho, ill let you know how i get on.

/ian

adam 16-Jan-2005 09:38

I had a quote from Bennetts, 4 yrs n/c £500 excess £475. Next quote was with Ducati insurance £500 excess £350. Just wondering how much further it will come down with the fax method. will be giving it a go. Great idea. forgot to say this is on a 2001 996R

[Edited on 16-1-2005 by adam]

Greybloke 18-Jan-2005 19:35

Giving it a go
 
Great idea, used the template and will fire some off tonight.

Will let you know how I get on.....:burn:

[Edited on 18-1-2005 by Greybloke]

999nik 20-Jan-2005 18:14

i tried this method and sent off faxes to 20 diffrent insurers,so far i have only received replys from two companys two days later.Am i expecting things to quickly or could i have done something wrong?I really need this to work as the quotes i have had are way to high.

TP 20-Jan-2005 18:17

I got my replies back quicker than that. Maybe chase them?

Make sure you include Laxtons ...

deej 26-Jan-2005 22:33

i used insure my ducati and would recommend all to do the same

£50 cheaper for my 748 fully comp than my r6 was 3pft

great policy, legal fees, european cover all for under £450

and a top bloke to deal with as well


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