Latest Insurance Quote

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Glen
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Latest Insurance Quote

Post by Glen »

Just for info folks

I've had my bike with Shannons from new. Just got my latest renewal at $776 or $65/month (They do a straight divide by 12, don't really know why given the cost of funds but I'm not complaining. No doubt I'm paying for it in the premium). I haven't checked insurance costs for a few years so i thought I'd get another quote just to check ( usually do this with all my insurances every few years)

QBE have been advertising lately about their super competitive quotes and that they will beat anyone etc so i thought I'd get one from them. They're advertising even says "Our prices are generally lower than the competition....."

Quote came back at $908 so dearer anyway, but the absolute clincher was the monthly option ... $90.80/mth plus a $25 start up fee ie $1,114.60 for the year. :shock: :shock:

Looks like I'm staying with Shannons.
It's really all about standing around drinking Dave's beer.
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Re: Latest Insurance Quote

Post by holly »

if you are in motorcycling australia they allege they have cheap insurance
with bikeguard

http://www.ma.org.au//AM/Template.cfm?Section=Home

I'm with Swann but will get a quote from this lot when the renewal is due.
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Re: Latest Insurance Quote

Post by MickLC »

That's why I moved from WQBE to Shannons last year
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Re: Latest Insurance Quote

Post by ZXRobyn »

For the past 2yrs I've received a renewal from WQBE and have obtained quotes from Shannons to compare. In both cases Shannons have come in bout $200-300pa less.
As I have made a claim with WQBE previously and was happy with the outcome and dealing with them.... So, tbh I don't really want to change - cause I know they pay ;)
On both occasions I have rung them and sent a copy of the more competitive quote, and they have matched the premium. I'm happy with that. :)
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Re: Latest Insurance Quote

Post by Frank »

I found that QBE was cheaper than Shannons esp when I told them that I would bring over my car insurence with them as it was cheaper even when I went pay by the month, even though there was the start up costs etc it was still cheaper than shannons.
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Re: Latest Insurance Quote

Post by Shifty »

Out of interest I did some shopping around for the 12R.

29yo rider, lockup garage in Brisbane, fairly good history & rating 1.

Insure My Ride $1050 - no km limit
Shannons $1150 - recreational use 2 days per week only/no commuting
WQBE $1281 - don't remember re: limitations, pretty sure it was unlimited kms
NRMA $3280
AAMI - don't do any sportsbikes <1000cc or bigger
RACQ - don't do 12Rs

For anyone concerned about Insure My Ride they are effectively a part of Shannons, but just a different brand name... having worked at Shannons until recently I can even tell you they use the same assessors!!
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Re: Latest Insurance Quote

Post by Wattie »

shannons would be good for me, if i didnt ride it, and instantly became 1 few years older :?
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Re: Latest Insurance Quote

Post by ZXRobyn »

For my ex's 89 CBR1000 you couldn't beat Arista for price - that's if you over 30/35 (cant remember) and dependant on the make and model of bike you want to insure. I have no idea bout making a claim with them - just posting this as a note to the older riders with more sedate bikes :roll: (that sounds wrong, but you know wot i mean :? )
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Re: Latest Insurance Quote

Post by brendanzxr »

i was with nrma but they were to expensive so now i had a quote from wqbe and there price is right for me i'll stay with them :)
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Re: Latest Insurance Quote

Post by Glen »

Just be aware that if you choose it the monthly payment option is ridiculously expensive. ie a 23% premium which if you were to work out an effective interest rate on the outstanding balance will be something like 40 - 50%
It's really all about standing around drinking Dave's beer.
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Re: Latest Insurance Quote

Post by andrew.k »

Have you tried Insure My Ride?
I used to be with Shannons & before that WQBE & Swan.
Not only were IMR cheaper, they arranged for my bike to be repared really quickly so I could ride to the World Supers after a fuckwit Barina driver reversed into it, barrelling it over.
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Glen
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Re: Latest Insurance Quote

Post by Glen »

I wasn't really looking to change I was just doing a sanity check to make sure Shannons were still close. They all vary depending on your age and riding habits. Shannons seem to be good with.... ahem ..."more mature" riders who only ride on weekends. :)
It's really all about standing around drinking Dave's beer.
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Re: Latest Insurance Quote

Post by robracer »

My Ride sounds cool ... might have to give them a go when the insurance comes up
ZXRobyn wrote: just posting this as a note to the older riders with more sedate bikes :roll:
who you calling old Robyn? my bike doesnt feel that sedate? :lol: :lol: :P
BTW good to meet you yesterday & put a face to the name :D


Back on track I am using WQBE as well but the zeddy is fairly SEDATE & being over 35 the pre seniors card discounted price is $417 which I think is quite reasonable. Sell yer 10 Glen & come over to the dark side evil7.gif
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Glen
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Re: Latest Insurance Quote

Post by Glen »

robracer wrote:My Ride sounds cool ... might have to give them a go when the insurance comes up
ZXRobyn wrote: just posting this as a note to the older riders with more sedate bikes :roll:
who you calling old Robyn? my bike doesnt feel that sedate? :lol: :lol: :P
BTW good to meet you yesterday & put a face to the name :D


Back on track I am using WQBE as well but the zeddy is fairly SEDATE & being over 35 the pre seniors card discounted price is $417 which I think is quite reasonable. Sell yer 10 Glen & come over to the dark side evil7.gif
What and buy a girls bike...... :P :P
It's really all about standing around drinking Dave's beer.
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Re: Latest Insurance Quote

Post by robracer »

Hole in one ;)
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