SOHC.co.uk Forums > CB500/550

Insurance Value

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florence:
I am just renewing my insurance and was surprised how much my premium had gone up and so I am in the process of looking for other quotes.

I haven't thought about or changed my bikes value for many years.  What do we think is a reasonable amount to put for a scruffy, perfectly running and well maintained CB500/4 considering what it would cost to replace if someone stole it?

Nurse Julie:
It's got to be worth £1500- £2000 in my view, maybe a bit more. The value, I've found, doesn't make any odds to the premium. I've got a 550/4 Mongrel that I value at about £3500, insured fully comp for £58.00 and a beautiful 500/4 that I value at about 8k, that cost me £55.25 fully comp. Both insurances were renewed within the last 3 weeks, so current prices. Speak to Swinton, they are very, very helpful.

florence:
That is amazing, Carol Nash wanted £167, thanks very much.

Is that with MC club membership?

Nurse Julie:

--- Quote from: florence on June 13, 2022, 03:14:11 PM ---That is amazing, Carol Nash wanted £167, thanks very much

--- End quote ---
I have one policy with Carol Nash for a CB750/4 and that's only £62.00. I know it depends on personal circumstances etc but you should get it for a lot, lot less than £167.00
No, i don't belong to any clubs so no discounts.

florence:
I must have been with them too long

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