BEC Insurance

[a4gom]

Have the insurance companies suddenly realised something about bike engines or has insurance just taken a hike in general?

I've been insured with sureterm for the past 6 years, generally cost around £140-150 for my car with xflow in, changed to BEC and it went up by £20, I changed where I was keeping it at the same time so wasn't sure if that made the difference.

There have been a few threads on sureterm recently hiking their prices so when I got the renewal £191 I did the rounds first, Pickles, comp car ins, Footman James etc..

"Is it a bike engine sir?" yup I reply, typical mechanics sharp intake of breath can be heard on the other end of the phone!

Cheapest qoute was £235 but they went up to £377.

Might as well go with sureterm I thought so rang them up. We'll just run through your qoute sir make sure we are getting you the best deal, what cc is the car 998cc, thats not a bike engine is it? Yes, just like it was last year! Oh we didn't realise, best we can do is £277.

I told them I'd had cheaper qoutes and in the end the brought the premium down to £235 by rducing their fee but there is obvioulsy something going on!

[Blatman]

Insurance renewals are up generally. The insurers are (probably) trying to recoup money lost by paying out on banking (loan) insurance...

[peterg]

Car Insurers are currently running at 120% loss ratio - i.e. in claims and expenses they pay out 120% of the premium they recieve...

The scammers are the people that run the "claim helpline" companies who get you an instant hire car plus £2k-£3k for whiplash...THEN charge the insurer.

from Blatchat when a similar non-BEC question was asked...

I'm surprised Blatman didn't do a search....    

[ibbo]

i got a fright when going from a zetec engined car to a hyabussa premium doubled was told its going to cost me approx 420 pounds next year thats with peter james plus im limited to 3 thousand miles will be shopping around

[stewart pickles]

give these a go andy,only in otley too  

http://www.frankpickles.co.uk/

[XTR2Turbo]

give these a go andy,only in otley too  

http://www.frankpickles.co.uk/

Looking at their website bike engine get a 2.5x loading and turbo or supercharged 1.5x loading

S0 a non bike car might be £200. An equivalent bike engined car would be £500 !!!

[Major Stare]

Im expecting an increase in Feb when my insurance is due. Im currently paying £132.

But when I look at the performance my BEC Westy gives me and I look at an alternative with similar performance/handling/fun factor...........  I realise the insurance could potentially be considerably higher

[andyfiggy2002]

pickles. £85 F/C megablade, job done

[ibbo]

pickles not heard of them any contact info please

[andyfiggy2002]

google frank pickles

[ibbo]

sorted will give them a try many thanks

[stewart pickles]

give these a go andy,only in otley too  <!--emo&

http://www.frankpickles.co.uk/

Looking at their website bike engine get a 2.5x loading and turbo or supercharged 1.5x loading

S0 a non bike car might be £200. An equivalent bike engined car would be £500 !!!

just had a quote for a megablade from frank pickles 385 quid     ........... my duratec is insured with them and that was 149 quid fully comp

[andyfiggy2002]

for BEC between 600cc - 900cc frank pickles are best but you need to ring them not do it online as apparently online it uses a different underwriter costing £385, however if you ring them they use the underwriter Highway & its only £84.90 F/C, parts only,  2k miles per year with european cover, mind you im 48, no endorsements & live in sleepy Devon, also note there is no agreed value on this policy so its up to you whether you take the risk

[stewart pickles]

Hi andyfiggy

the quote i got for 385 quid this morning was online 3k miles & fully comp & i'm also in my 40's   however there was no club discount (frank pickles do discount for wscc members)

i was well pleased with my insurance with them for the duratec though, a good bit less than footman james (who i have been with for a few years) sureterm etc

[tex]

isnt it more that everyones situation is different? ages, points, accidents, location, where its stored, claims, i cant see comparing one persons against another as being a near comparison