Quote:
Originally Posted by
SelinaXT (Post 116787)
I check quotes and almost inevitably end up changing insurers most years for both the car and bike.
But what mystifies me is how come it's cheaper to insure the XT, which has a value of �3000 Comprehensively, than it is to insure the �500 Peugout 106 TPFT? Around �110 for the XT and �170 for the car! Weird! 10+ yrs ncb on both, had my bike licence 10 yrs longer than my car licence but i've had the car licence 15 yrs so i don't think it's that.
SelinaXT
|
Possibly because out of all the models of cars that company insures, pug 106's (young new drivers) have quite a high proportion of accidents (compared to other cars they insure), whereas your bike insurance company may not have paid out for xt's as high a proportion of all of the claims they deal with.
I think the company's past experiences play a part in the quote price?
I think that makes sense!?
|
