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Thread: So tired of crappy insurance companies.

  1. #1
    Hooligan Biker Bonzai's Avatar
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    Default So tired of crappy insurance companies.

    Where are you insured?

    What do you pay for your bike?
    What excesses do you have?
    Would you refer them?

    Thank you
    Will do stoppies for booze!

  2. #2
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    You need to shop around.

    There are many factors that influence your insurance premium.
    1) Age
    2) Accident history
    3) How long have you had your license
    4) Have you got a learners or full license
    How many vehicles have you got insured
    5) how long have you had your current history. The longer you stay with an insurance company and build an accident free record the better your premiums will become.

    Usually insuring a bike or cage along with household insurance gets you better premiums. Insuring a bike or cage alone will cost a bit more without household insurance.

    Just remember that insurance companies share your info. So if you have a bad record the "entire world" will know.


    Don't take life too seriously....nobody gets out alive!!!

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    Biker Trash RyC's Avatar
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    Take a deep breath....
    Now PM Stranger and ask him to assist you
    You have nothing to lose
    For some there's therapy, for the rest of us there's riding!


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    Lightship Captain
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    Quote Originally Posted by Speed Devil View Post
    You need to shop around.

    There are many factors that influence your insurance premium.
    1) Age
    2) Accident history
    3) How long have you had your license
    4) Have you got a learners or full license
    How many vehicles have you got insured
    5) how long have you had your current history. The longer you stay with an insurance company and build an accident free record the better your premiums will become.

    Usually insuring a bike or cage along with household insurance gets you better premiums. Insuring a bike or cage alone will cost a bit more without household insurance.

    Just remember that insurance companies share your info. So if you have a bad record the "entire world" will know.
    I can state that I have not had to collect you and a bike like substance ever in the Jozi metro area. Is that a good reference? Ride safe

  5. #5
    Little frunker. Ares's Avatar
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    I am with Discovery Insure [pause for all the BOOOs to subside].

    I pay R124.91 for comprehensive cover on a nominated value of R19 000 (They did not know about my Ricer, so I had to specify a price).

    This is on a policy that includes my cage and household contents.

    My Excess was R1500 when I started the policy, with them changing things this has gone up to R3000.

    But using the rewards of Vitality drive, I can put my rewards into an excess funder account for about 3 months (They double your rewards with this option) and cover the excess value, which means that they cover me without excess....sort of...
    Ricers are bikers too!

  6. #6
    Hooligan Biker Bonzai's Avatar
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    Since I work at one of SA's largest insurance companies, I kinda know all the ins and outs of insurance.

    Thank you Ares for answering my question!!!
    Will do stoppies for booze!

  7. #7
    Nuon Fangirl

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    Quote Originally Posted by Bonzai View Post
    Since I work at one of SA's largest insurance companies, I kinda know all the ins and outs of insurance.

    Thank you Ares for answering my question!!!
    So, you didn't need help, but rather doing market research? This is not the place, sorry.

  8. #8
    Ultimate Biker Crash's Avatar
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    Quote Originally Posted by AMZ View Post
    So, you didn't need help, but rather doing market research? This is not the place, sorry.
    Ai Bonzai... ... ...
    Everybody crashes.
    Some get back on and ride again.
    Some don't.
    Some can't.

  9. #9
    Hooligan Biker Bonzai's Avatar
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    NO. If I wanted that I would say so!!!!

    I asked for help. But clearly not going to receive it.

    You should not assume stuff.

    I clearly stated that I am tired of crap Insurance.



    I pay R400 a month for a 600 Gixxer.
    Will do stoppies for booze!

  10. #10
    the EGO theRéhann's Avatar
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    Quote Originally Posted by AMZ View Post
    So, you didn't need help, but rather doing market research? This is not the place, sorry.

    Quote Originally Posted by Crash View Post
    Ai Bonzai... ... ...


    Well then now...

    Quote Originally Posted by Bonzai View Post
    Some of you might know me or know something about me or heard something about me

    Don't believe everything you hear!
    You were saying...?
    O Captain! My Captain! ...
    ... But I, with silent tread, Walk the spot my Captain lies, Fallen cold and dead.

    In loving memory of our Buccaneer: Brian Cannoo 1962 - 2008


  11. #11
    Evil Biker Scum eDs's Avatar
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    My king is insured for 100 000 but had to add household. I pay just under R700 but have zero excess and has claimed twice so i guess its ok

  12. #12
    Hardcore Biker dave31's Avatar
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    Am with Discovery with everything - house, contents, my daughters little Suzuki car and my SUV as well as my Fazer which is R218 for R35200 book value.

    My petrol pay back is about R350 - R400 a month and both cars have Tracker which for me gives me peace of mind in that I can check where my 18 year old is. An added benefit is that C-Track monitor and will despatch an emergency response vehicle in the event of a sudden stop and no restart or response from a cell phone contact. Is supposedly to pick up an accident and respond asap.

    Yes Discovery os a little more expensive than others but I am happy with it.
    Dunslop lover....

  13. #13
    Little frunker. Ares's Avatar
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    Quote Originally Posted by dave31 View Post
    Yes Discovery os a little more expensive than others but I am happy with it.
    The cashback makes it cheaper than other quotes I received, but of course you need to manage your points then.
    Ricers are bikers too!

  14. #14
    Adventure Biker
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    Quote Originally Posted by Bonzai View Post
    Where are you insured?

    What do you pay for your bike?
    What excesses do you have?
    Would you refer them?

    Thank you
    R 120 per month "all cover" fire, accident, theft. (Bike valued for R22 000.)
    No claims yet or claim history, over 50 yr's old. (usually percentage of claim.)
    Insurance Co. called "Tamsam" You know... Yellow umbrella thing.
    Would I refer them?, .... ask only for a quote, by the value of your ride, other items ect.
    There is also Hippopotamus, compare quotes.

  15. #15
    GoogleBoy Pyro's Avatar
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    Quote Originally Posted by Ares View Post
    I am with Discovery Insure [pause for all the BOOOs to subside].

    I pay R124.91 for comprehensive cover on a nominated value of R19 000 (They did not know about my Ricer, so I had to specify a price).

    This is on a policy that includes my cage and household contents.

    My Excess was R1500 when I started the policy, with them changing things this has gone up to R3000.

    But using the rewards of Vitality drive, I can put my rewards into an excess funder account for about 3 months (They double your rewards with this option) and cover the excess value, which means that they cover me without excess....sort of...
    The Baby Ninja and most of my 'stuff' is with my broker and currently underwritten by Hollard.
    Mine is somewhere in line with that, it's also been changed a few times over the years.
    Currently it's listed for R26k for R160. Excess is R1k.

    I've claimed through my broker a few times and have no complaints, can go slightly cheaper, but I trust them.
    My car has a similar ratio (R160 cover for every R1 spent) but the excess on the cars is R3k.
    The Jazz is a bit better though - R131k at R591 gives it R222 cover for every R1 spent.

    ---

    I moved my bike to Bikeline to get track cover (if with a track school).
    That is R80k cover for R381 and R2k excess. On track there is an additional R3k excess.
    That is R200 cover for every R1 spent, which is better than I when it was underwritten by Zurich, and at a much better excess.

    No claims so far, so can't comment on that, but Trudi is also friendly and is a biker chick herself, so quite understanding of the logistics.
    Four wheels move the Body; Two wheels move the Soul
    Fuelly: CBR600F Ninja 250R

  16. #16
    GoogleBoy Pyro's Avatar
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    Quote Originally Posted by Tour Biker View Post
    R 120 per month "all cover" fire, accident, theft. (Bike valued for R22 000.)
    No claims yet or claim history, over 50 yr's old. (usually percentage of claim.)
    Insurance Co. called "Tamsam" You know... Yellow umbrella thing.
    Would I refer them?, .... ask only for a quote, by the value of your ride, other items ect.
    There is also Hippopotamus, compare quotes.
    A few years back when Zurich pushed up my rates and I threw a tizzy, I expressed my intention to move. My broker agreed and got me a new package, but I did get a good quote from Santam. Was about 10% lower than my new agreedment at the broker, but came with a few extra excess conditions over the first few months that I wasn't quite comfortable with at the time.
    Four wheels move the Body; Two wheels move the Soul
    Fuelly: CBR600F Ninja 250R

  17. #17
    Biker Grunt's Avatar
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    Eish. Time to shop around again. Dial Direct insist on R3000 excess on a R28000 scooter. Claim free since 1988, 50 years old, live in a relatively crime free area, etc. I think my combined payment is just under R300. 😠

  18. #18
    Adventure Biker
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    Worth mentioning to this is when traveling "outside" South Africa. The fine print clearly state "no recovery outside SA" and the clauses within one would require a additional insurance when traveling cross border. This can be done for a specific route and worth the money, but obviously not as permanent arrangement. Many tourists took on Nam or Botswana without taking note of this and found themselves with a problem and the insurance company not interested in the claim. Also look at life insurance and it's clauses when traveling outside SA. These day's even Namibia is excluded from many budget insurance offers.

  19. #19
    Hardcore Biker dave31's Avatar
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    I actually think Outsurance and Dial Direct dont want motorcycle business, hence the high rates and excesses....
    Dunslop lover....

  20. #20
    Hooligan Biker Bonzai's Avatar
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    Ok.

    So do you think this is fair?

    I'm 29
    Accident free for 8 years
    Had full license since 31 Jan 2007

    2006 GSXR 600 plus helmet, boots, jacket & gloves
    R400 a month
    Will do stoppies for booze!

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