EBike Insurance

ty · Post by ty » Thu Feb 01, 2007 5:09 pm

http://www.ebikeinsurance.com.au/

Just curious - has anyone heard anything about these guys?
I just noticed their ad in the latest Rapid - first I'd heard of them.
ty

ty · Post by ty » Thu Feb 01, 2007 5:12 pm

Just found a bit of an answer to my own post.
From - http://www.advancedmotorcycletraining.c ... latest.htm

eBike insurance is a unique on-line motorcycle insurance product offering the customer 24/7 access and flexibility. No other motorcycle insurance product is 100% on-line based, leaving the customer in total control to manage and amend their policy when they want.

Launched in April 2005, eBike is the fastest-growing motorcycle insurer in the country, filling a niche in the marketplace for the growing demand for on-line consumer products. Over 5,000 people entered the site in its first 4 days of trading and eBike now insures over 30,000 happy bikers nationwide.

The site features are unique, but highly user-friendly, with the ability to obtain comprehensive advice and a quote in under 5 minutes. The insurance product oozes style, flexibility and many new innovative features such as:

· Pay as You Go

· Bonus Accelerator

· “Ride a friend's bike”

· Guaranteed lifetime protected bonus

· 365 days a year European Cover

as well as all the usual features such as free breakdown recovery and Classic bike insurance.

As an e-product, the outgoings are minimal, thereby driving down the cost of the product to the consumer. eBike Insurance listen to their customers and are continually improving and adding new features to their policies following requests from their customers. It's easy to see why eBike are causing a stir amongst the biking fraternity!

And not only that, the great news is eBike Insurance is part of a larger e-commerce group, eGroup Insurance which can now insure you van and car as well.

Plaz · Post by **Plaz** » Thu Feb 01, 2007 5:38 pm

Just did a quote with them....$552.00 a year....I'm paying $1100 with AAMI

Felix · Post by **Felix** » Thu Feb 01, 2007 6:12 pm

Ummm...been quite a bit of stuff flying around the other forums on this subject...have a good read of the fine print...there were some questions as to how good the policy will be, especially as in the fine print it states they are not licenced to offer insurance in Australia...

mick_dundee · Post by **mick_dundee** » Thu Feb 01, 2007 6:24 pm

All well and good to get a bargain policy but if it comes to the crunch, or a Putty rd bbq, will they come up with the goods??

Incidentally HTF can they sell insurance in Aus if not licensed to do so??

Johnnie5 · Post by **Johnnie5** » Thu Feb 01, 2007 7:16 pm

have you read their pds ?

read it thoroughly

market value
4 nominated riders coverage only
must have an approved alarm , but what alarm ?
extra excess for theft at home when not garaged

along with other dubious clauses

andrew.k · Post by **andrew.k** » Fri Feb 02, 2007 2:26 pm

I remember reading something about they are not subject to Australian insurance laws. Sounds dodgy

hidepenny · Post by **hidepenny** » Fri Feb 02, 2007 3:22 pm

damn i've got quoted for $1400+

Neka79 · Post by **Neka79** » Fri Feb 02, 2007 6:41 pm

hahaha i got quoted $3200...im not even tempted...

mick_dundee · Post by **mick_dundee** » Fri Feb 02, 2007 7:24 pm

Far canal $3685 is my quote with the bike gargaed with a disc lock and no license suspensions and a bog standard bike too. Think i'l pass.

gixxerdave · Post by **gixxerdave** » Fri Feb 02, 2007 7:39 pm

rather surprising.. i got quoted (for both the missus' bike and mine too along with all the modifications and market value at 18k and 20k with all accessories etc) $3100 for both bikes....!!!

with shannon's its 800 odd per bike!

mrmina · Post by **mrmina** » Fri Feb 02, 2007 8:16 pm

it must be a scam, i reckon

hahahah

over $3500/pa for insurance, ur bike wouldn't cos that much to fix even if u smashed it every year.

in ur case mick dundee, ur bike isn't even worth that much.

mick_dundee · Post by **mick_dundee** » Fri Feb 02, 2007 8:27 pm

You're dead right Mina hence it isn't insured

Neka79 · Post by **Neka79** » Sat Feb 03, 2007 7:03 pm

mrmina wrote: over $3500/pa for insurance, ur bike wouldn't cos that much to fix even if u smashed it every year.

.

u kno wot mina..i said that too...

until i crashed my uninsured , and worth approx $11k bike (at the time)..then spent abt $4k making it rideable again (cosmetics still dodgy)... and THEN..crashed the bloody thing again abt 3 rides back..costing another $3-4k to fix...

it was almost a case of throwing it to a wrecker for $1k and cutting my losses... even now, the bike owes me more than its worth, so i flog it to within an inch of its life...

can u imagine if u crashed a $15k+ zx10/12 without insurance..... wheels are worth abt $600...set of front discs $700 ish.. set of forks..(sell a kidney)... doesnt take long to add up...

mrmina · Post by **mrmina** » Sun Feb 04, 2007 9:17 am

Neka79 wrote:
mrmina wrote: over $3500/pa for insurance, ur bike wouldn't cos that much to fix even if u smashed it every year.

.
can u imagine if u crashed a $15k+ zx10/12 without insurance..... wheels are worth abt $600...set of front discs $700 ish.. set of forks..(sell a kidney)... doesnt take long to add up...

i agree, if ur gonna get a nice machine like any new 1 litre or 600, u should get insurance. But i'd shop around, i certainly wouldn't pay $3000+.