Bike Insurance

[Dubbin]

Insured my Anthem for R35 k all risk at Mutual & Federal for R116.66 p/m.

Was lazy and just called the insurer that does the rest of our business and told him to add it. Look's like I should have called the broker Patchelicious uses.

[Patchelicious]

Family broker, negotiated a good deal with M&F as part of a bigger complex policy.

 

Hence me saying, dont expect that rate.

 

My above post is a more general guideline.

[Dubbin]

Family broker, negoiated a good deal with M&F as part of a bigger complex policy.

 

Hence me saying, dont expect that rate.

 

My above post is a more general guideline.

Thank for 4 -5 % guideline. That's good info. Starting to feel better about the 4 % I got.

[Jakkals.]

Geese, I tink I'm being ripped off at almost 10% and I have a lot of bikes! 

 

Nee f%k man.

 

Thanks for the guidelines!

[Mountain_Goat]

Go for Santam, I've had no issues with them thus far, claimed twice and on both ocassions got paid out within a couple of days, no hassle. As someone else also said, chat with a broker first

[Spoke101]

I'm with Compendium and pay 4% for my road & 5% for my MTB

[Bomberman]

Thank for 4 -5 % guideline. That's good info. Starting to feel better about the 4 % I got

  Moving to M/F - bike 16k/ R115. I use to be with miway and payed R 90.

Im moving because I can get my house and cars covered for the same price miway is aking for only two cars.

[lerouc]

  Moving to M/F - bike 16k/ R115. I use to be with miway and payed R 90.

Im moving because I can get my house and cars covered for the same price miway is aking for only two cars.

that and read up about miway claims...

[lerouc]

I pay R188 for 30k and R15 for 50k insurance with santam.

[Bomberman]

Quick question, Sorry OP.

 

If I cancel my insurance now, will I still be covered for the month? Or how dos that work?  

[Meerkat82]

insurance you pay for the month ahead, thus if your debit order went off on the 29/01 you will be covered until the 28/02.

 

When you ring up to cancel they will probably be able to give you discount, every year as a client you get discount allocated to you if you do not ask for it they just store it, thus if you are happy with your insurer they might be able to give you discount.

(just saying)

[Bub Marley]

Those premiums are reasonable.

 

As said above, use a broker and forget about direct insurers.

[Help.Me.]

insurance you pay for the month ahead, thus if your debit order went off on the 29/01 you will be covered until the 28/02.

 

When you ring up to cancel they will probably be able to give you discount, every year as a client you get discount allocated to you if you do not ask for it they just store it, thus if you are happy with your insurer they might be able to give you discount.

(just saying)

just to maybe add to this if you cancel with immediate effect they will reimburse you for the days you've paid in "advance" just make sure that your new policy kicks in with immediate effect , to keep full cover 

[Bomberman]

insurance you pay for the month ahead, thus if your debit order went off on the 29/01 you will be covered until the 28/02.

 

When you ring up to cancel they will probably be able to give you discount, every year as a client you get discount allocated to you if you do not ask for it they just store it, thus if you are happy with your insurer they might be able to give you discount.

(just saying)

 

just to maybe add to this if you cancel with immediate effect they will reimburse you for the days you've paid in "advance" just make sure that your new policy kicks in with immediate effect , to keep full cover 

 

Thanks guys. Think I will keep them for the month and take the new one end of Feb.

[slickjay007]

I use Mi-Way for insurance and insured my Merida for R80.00 (Value R17000)

[Lurch the stalker]

I use Mi-Way for insurance and insured my Merida for R80.00 (Value R17000)

Good luck claiming from them if you have any luck like this person...

https://community.bikehub.co.za/topic/155386-miway-insurance-claim-goes-one-way/