Hi,
Just sorting out my new bike for when I pass , discussions of me being a "nutter" aside Id like to get a sporty number but insurance costs seems to vary widely between tpft and fully comp.
e.g 2004 Suzuki GSXR 600
Fully comp = £1000 excess £600
TPFT = £400
Now Im normally a fully comp person but no matter what age of the bike as lngs as its got a fairing the fully comp is about £800 and the excess is £600 not to mention if I prang a fully comp buike and clain your insurance goes up to £2000 mark for the next year.
On looking at the figures Im better off getting an older sportsbike a GSXR or Kwak 600 which may cost £3000 but will only cost £400 to insure on TPFT.
The only risk with TPFT is if you crash it , it may be end of bike but on the other hand if I crash with fully comp I pay £600 in excess and then have an insurance hike the next year of £1500 for the same bike!!!
Daylight robbery and Im starting to come to the point of view of going TPFT and then just paying the costs myself as many riders do say that if they are fully comp they would pay themselves rather than claim as the insurance costs would negate the difference anyway.
Any thoughts?
cheers
Romanov