Is ED really that much of a risk for Car and Motorbike Insurance

[trentk69]

I am just going through getting quotes for my motorbike insurance, and the premiums seem to jump when the SE22 post codes are entered.

Is ED really that bad for vehicle theft? Some companies will not even cover me if my bike is left parked on the street!

Does ED have the problem, or is it being tarred with the London brush - i.e, ED is part of London, therefore vehicle theft must be high?

[????]

I think SE is your problem not SE22

[peckman]

I had the same problem with my 1984 car. The renewal went up from ?330ish to ?770 !!!! (5 years no claims!) I shopped around loads and the chepest I got get was ?520. Ridiculous ! Apprently its the 'whiplash' no claim, no fee merchants that are forcing up premiums.

[Mands]

i had the same problem. Ive recently moved to the area. Funnily enough my car insurance went down by ?100 even though my car is not garaged, but my bike was another story. They refused to insure me if the bike wasnt garaged. I have to rent a garage a mile from my home just so that ive got insurance cover until i can find someone to insure it if its ungaraged. If you find an insurer that insures your bike if its ungaraged please let me know.

[mynamehere]

my insurance went up by ?120 reason: whip lash claims... bogus claims

[Gidget]

trentk69 Wrote:

-------------------------------------------------------

> I am just going through getting quotes for my

> motorbike insurance, and the premiums seem to jump

> when the SE22 post codes are entered.

>

> Is ED really that bad for vehicle theft? Some

> companies will not even cover me if my bike is

> left parked on the street!

>

> Does ED have the problem, or is it being tarred

> with the London brush - i.e, ED is part of London,

> therefore vehicle theft must be high?

Jump from what amount? What area was it insured in before now?

[ddunwoody]

Carole Nash covered my 650cc bike, parked on the street, TPF&T for ?320 last year, and ?470 this year after collecting my first 3 points on the M11.

[PeckhamRose]

ddunwoody MrPRs bike was insured with Carole Nash. It was nicked. She paid back about two and a half pence. Never again are we insuring with her.

[Lowlander]

My 13 year old car costs ?440 for third party insurance, down from ?480 last year. I did spend an hour going through all the comparison websites here http://www.moneysavingexpert.com/insurance/compare-cheap-car-insurance to get that.

I would just like to pay for plain third party, and take the risk on fire and theft, but the insurance companies charge you more for that...and sometimes full comp can be cheaper...

Yes, it is mostly down to whiplash and fraud. Insurance companies also have very small profit margins these days after years of competition so need to compensate for that.

[qotsa79]

well, our neighbour had her 4months old Vespa stolen 10 days ago and they had already attempted to a couple of months earlier...

[simonethebeaver]

I can't remember the name of it but there's a central guide to postcode risk that insurers use and SE22 comes up as bikes only insurable if kept locked away at night. So any insurer who insures on road bikes round here is going against risk advice.