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Hi everyone living in Adelaide and just recently acquired my 2009 Monster 1100S an absolutely loving it.

I just want to ask a question regarding insurance. The best quote I got was through Swann was $950 which I was surprised at and thought was way too high. Any recommendations? and for information I have a full no claim bonus rating 1, 39 years old and never made an insurance claim for either bikes or cars in my life.
 

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I'm with NRMA and pay about AU$820 for the same bike. However, I have a big no claims, loyalty and multi-policy discount.
 

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I have used Insure My Ride for a few bikes and they seem to go well. I had a claim about five years ago and it was very smooth. They are upfront about costs and values. I don't know if it's still available but I put my wife as the youngest rider, still insured by my under my name, and that knocked off another $50.00 per year.
 

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I just bought a 2010 M1100, Swann quoted me $872 and that was with a claim with them last year when my bike was written-off completely and I had no hassles there either. Agreed value of $20k and $3k in gear cost coverage as well. 2 year as-new replacement.
 

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I just bought a 2010 M1100, Swann quoted me $872 and that was with a claim with them last year when my bike was written-off completely and I had no hassles there either. Agreed value of $20k and $3k in gear cost coverage as well. 2 year as-new replacement.

Hey Sundog

New member myself here but seems most people have moved

www[.]ducati[no space]monster[no space]forum[.]org

This post is from May 2010
 

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What value have you got it insured for?

I've got my S4 insured for $10K with Shannons and no excess. premium is around $320 from memory.
 

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Yes, annual premium.

Insurance rates and coverage is very different to what you guys in the states get for your $ though.
 

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Fair enough. I'm in Canada, so it's pretty different here vs. the states also. Especially with the province I am in, it's even very different from the rest of Canada.
 

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Holy crapola you pay a shedload for your insurance. are you under 21 or something?

Here in oz, generally speaking 18-25 is huge $$$$. 25-34 is big $$$ and 35+ is slightly lower $$$

then there are things like 'no claim bonus' and 'rating' which are directly related to any vehicular accidents you have. at the end of the day it all impacts the cost of the premium paid, and one thing is for sure, it is a necessary evil when you own a bike.
 

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I'm not under 21. I'm not even under 31. I've had my bike license for 8 years, full driver's license for 16. I have no accident claims and have a full discount on my rate (which would equate to your no claim bonus and rating).

Are there other things you have to pay on top of insurance to have your bike on the road in Australia? I've heard of things like warrants and such, which we don't really have in bc, canada. Here the insurance is expensive, yes, but that's all there is to it. You register a plate to the bike, which costs 18 bucks, and then buy your insurance coverage (ie, the $1600/yr i quoted), and you're done....go ride.

The 1600/year I pay is for full insurance coverage, as well. ie, $2million in liability coverage (for your person and anyone else you may injure), full comprehensive coverage (vandalism, theft, damage from road debris, etc), and collision coverage (for the bike itself). The only mandatory coverage is the liability. You can opt out of collision and comprehensive and knock about $500 off of that, but you're basically fixing any damage to the bike out of your pocket in that situation, and you're hooped on it if it gets stolen or if you write it off in an at-fault crash.
 

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same sort of coverage for damages and at-fault.

our registration costs are separate. depending on the state, there is a registration fee, traffic improvement fee, and 'compulsory third party' insurance, aka greenslip which is payable annualy, (also in some states an annual inspection prior to re-registering)

all that can cost a fair bit for a bike - up to $500 depending on the state. some states charge annual fees for customised plates, other states don't. there are loads of variations regarding vehicle registrations, but the bottom line is less than $500 for a 2 seat motorcycle or outfit. (sidecar)

single seat registration is cheaper - but only for the CTP component. all the govt taxes (rego traffic imp, plate fees etc) stay the same for single seat.
 
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