SOHC.co.uk Forums > CB500/550

Insurance seems high to me

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wolfheze:
Hi
I had my renewal notice come last week. £280 for a multi bike policy to insure the following.
1976 CB550 worth about 4.5k
2005 DRZ400 worth 3k
I am 53. Clean licence, no accidents for 15 years, couple of years no claims, bikes kept in a locked garage. Fairly good post code. Seems a lot to me as I am sure that people on here have had quotes for £ 70/80 for their Hondas?

matthewmosse:
I pay £150 for my 500/4 a ntv650 and 3 other smaller bikes, but none over £1000 in value, that is for me, my wife and my dad to ride any combo of those. 34, clean licences, no recent claims. Cover is with Lynbrooke who allow buy back salvage which is to me the selling point of it. I think having my bmw with a 2.5k agreed value on only added £10 to the annual cost.

Green1:
I pay about £125 per bike 31 clean licence 15 years no claims,brick garage

mike the bike:
I pay eighty something for 2 bikes with Peter James.  That includes a breakdown  recovery as well.

Green1:
Thats because they know they won't get much more out of you welsh lot  ;D ;D

Mick

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