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Arista Insurance - Premium increase for under 40's

Mon Sep 20, 2004 12:41 pm

Hey all,

Really just a head's up that the underwriters for Arista have increase the premium's for all under 40's.
Last year my premium was $440. I just got a renewal invoice for $570.
That's a 30% increase, and the nice lady on the phone said that some have increased by 40%.

So just be warned if you're with Arista that your next renewal may cost more than you expect. Still cheaper than much else I think, but it was a suprise to me.

ty

re: Arista Insurance - Premium increase for under 40's

Mon Sep 20, 2004 12:42 pm

Crikey!!! Fortunately they won't insure my 750 as i've only been on my blacks for a month ;-).

3rd party property is what i've got..... Though i think i might call AAMI and see if they'll be more friendly to me.

re: Arista Insurance - Premium increase for under 40's

Mon Sep 20, 2004 12:58 pm

AAMI wouldnt know the meaning of the word 'friendly'. From my experience AAMI are the worst insurer if you need to make a claim. I have never and will never insure with them no matter what they charge.

There is no definite 'cheapest' insurer, they all vary from year to year and bike to bike - Ring all of the insurers for a quote.

re: Arista Insurance - Premium increase for under 40's

Mon Sep 20, 2004 2:34 pm

I was only thinking AAMI for their 3rd party with fire & theft option. Which would have me covered on all the bases. If i write the bike off & damage me i have medical insurance anyhoo and it *is* a 3.5k bike, max. ;-)

But the general concencus is that 90% of companies are like stones when it comes to getting blood (money) out of them....

Might stick with NRMA until i've done my year.

re: Arista Insurance - Premium increase for under 40's

Mon Sep 20, 2004 3:08 pm

Just spoke to Arista to get a Quote..

This is the explanation I was given... Arista have updated their pricing which is the first time in 3 years (Hence the 30-40% increases), which is why they've been so cheap...


Dan
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