GoneForgotten 2,494 Posted February 6, 2012 Share Posted February 6, 2012 My head hurts. So I'm shortly going to be doing Direct Access () and I've been typing in some random numbers into comparethemoneysupermeerkat.com to get an idea for the cost to insure myself on various bits of kit. Assuming it's not a horrible ride, I'm looking at a new Honda NC700X, described as a perfect big bike for a new bike rider which does (repeated in real world testing I might add) ~75mpg. All in all my commute to work will wind up costing about £4 a day including fuel and parking. Lovely job. Now onto the insurance. Unhelpfully not even Honda's own pet insurance broker have got it on their list of bikes which they insure. Which seems a bit nuts as I've actually seen one on the road already (how that bloke has gotten insured, I just don't know) so I don't know how he's insured. So for a bit of a laugh I've tried looking at bikes I aspire to ride, initially a VFR800 :D and then a VFR1200 :D (which is actually much prettier in the flesh than in photos). Now remember, I am not going to do DAS, pass my test and get on something stupid, I'm just idly interested in what I might get in a couple of years time, I'm going to staid sensible. For the 1200 (at a cost of £12,500) with me, at my real age with my real experience (i.e. none) I was looking at £3,220, not actually as bad as it might've been but still way beyond my budget. I get to wondering if my age is a major factor, so I change my age and push myself over "a magic number". £2,687! :stars:So being just a bit too young I'm £650 more dangerous. Ok, so I'm not really that fussed about being two years older, but I'm really interested in, how much is this going to cost if I buy one in two years time, if I'm that inclined. Clicky Clicky, £1,783. So, with two more years experience being two years older, I'm now a further £900 less risky. Right, well ###### that then. hmm. How about a VFR800? If I wanted one today £889, hmm, ouch! So what if I were two years older? £855? Really? So on the other bike I'm £650 more dangerous and on this one I'm only £34 more dangerous. Ok, whatever. So, two years from now, licence for two years, two years older and I'm £687. Happy Days! That's still loads of bloody money but, you know what, if I don't get the missus a Christmas Present, you know, I think I'm on :D Link to comment Share on other sites More sharing options...
Administrative Account 7 Posted February 6, 2012 Share Posted February 6, 2012 Yes but in two years time the insurance would have gone up by that much anyway, so in 2 years time you'll still be paying the same amount and would have had 2 years without a bike! Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 Yes but in two years time the insurance would have gone up by that much anyway, so in 2 years time you'll still be paying the same amount and would have had 2 years without a bike! Isn't that the chuffing truth! Link to comment Share on other sites More sharing options...
callsign-kid 1,617 Posted February 6, 2012 Share Posted February 6, 2012 Good starter bike that should be a bit easier to ensure SV650. Being a V twin its quite light, very nimble, requires less gear changes, its a bit thinner too which in London is ideal. its also a bit more insurer friendly. or possibly a CB500. The NC700X is a bit sports bike looking which throws insurers right off. The SV650 won't be as fast but it has plenty of grunt especially in the lower part of the rev range. I'm not a big fan of the VFR range myself. If you look at a more classic bike you might get some decent results. Something like a Triumph Bonneville. I'm waiting to be old enough to do the DAS currently. Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 Good starter bike that should be a bit easier to ensure SV650. Being a V twin its quite light, very nimble, requires less gear changes, its a bit thinner too which in London is ideal. its also a bit more insurer friendly. or possibly a CB500. The NC700X is a bit sports bike looking which throws insurers right off. The SV650 won't be as fast but it has plenty of grunt especially in the lower part of the rev range. I'm not a big fan of the VFR range myself. If you look at a more classic bike you might get some decent results. Something like a Triumph Bonneville. I'm waiting to be old enough to do the DAS currently. Yeah with regards to the NC700, I'd disagree, it's aimed squarely at first big bike owners and is in the same CC bracket at the SV650. It has been often described as having a bit to play with in the lower rev range (what it's designed for) but otherwise boring. Perfect When you say, sports bike, do you mean adventure bike? Each to there own but the Bonneville not really my bag. Link to comment Share on other sites More sharing options...
Charlie 606 Posted February 6, 2012 Share Posted February 6, 2012 Type of bike, where you live and where you store it are big factors in the price of bike premiums. I did DAS too and when I passed my premium was £288 TPFT. I imagine this is because I keep my bike in a locked, concrete garage with lock on the bike as well (no alarm though). I also put a relative on as named driver which knocked the premium down by about 20%. If your budget allows it, I'd go for the NC700X. But if you want to save money on insurance, go for an older bike. It won't be as upsetting if (or when, more like) you drop it. Try Tiger for bike comparison. I found it the best for bike insurance and believe me, I spent many many hours online and on the phone. Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 Tiger looked good but doesn't cover my future bike :D So I phone Carol Nash, and would you adam and eve it! They want £1364!! I can get insured on a brand spanking new CBR600 for less than that I am, to be honest a bit disappointed with that. Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 oh and get this, as it's a new bike it suffers from greatly increased risk of theft! Link to comment Share on other sites More sharing options...
Charlie 606 Posted February 6, 2012 Share Posted February 6, 2012 Tiger looked good but doesn't cover my future bike :D So I phone Carol Nash, and would you adam and eve it! They want £1364!! I can get insured on a brand spanking new CBR600 for less than that I am, to be honest a bit disappointed with that. I wouldn't worry too much. It takes a while to do your DAS; by the time you pass, it will probably would have become a more common bike. I'd be surprised if it wasn't. I hope you're not intending to use it for DAS? :D Link to comment Share on other sites More sharing options...
jonoholland 0 Posted February 6, 2012 Share Posted February 6, 2012 I've been a year on a full licence in May, and am 25 and still can't get quotes for anything over 650cc. I'll see what opens up after the 12 month plus on my licence Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 Nope, borrowed everything until I actually pass. Then by the looks of it more research before I buy a bike Link to comment Share on other sites More sharing options...
GoneForgotten 2,494 Posted February 6, 2012 Author Share Posted February 6, 2012 On the plus side, a hornet is £555 Link to comment Share on other sites More sharing options...
maka 7 Posted February 6, 2012 Share Posted February 6, 2012 i have looked at moving up from 125cc and, at the moment it's not worth it. was looking at Varradero's and they say around £500 insurance.. i'll stick to cheap and cheerful! Link to comment Share on other sites More sharing options...
HazRat 762 Posted February 6, 2012 Share Posted February 6, 2012 £70 a year fully comp on a 2004 BMW R850R. Perfect for commuting. Very reliable. Link to comment Share on other sites More sharing options...
TallGuy1546081014 + 557 Posted February 6, 2012 Share Posted February 6, 2012 £70 a year fully comp on a 2004 BMW R850R. Perfect for commuting. Very reliable. Out of interest do you declare your Class 1 ticket to your insurer? Link to comment Share on other sites More sharing options...
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