Fire & theft only insurance

[veracocha]

In an effort to beat impending price increases I just purchased a new bike in anticipation of gaining my full bike licence in October. Although off-road and in my garage with more locks than on the Birmingham canal I would still like peace-of-mind with regards to insurance until I can come out to play. Is there anyone with experience of this SORN insurance as I heard it called that could offer any advice?

[Mississippi Bullfrog]

I've never had to use it for a bike. When I've been rebuilding cars I found it wasn't worth it, I always went for fully comprehensive. But you'd need to get quotes to know how it would work for you.

[onesea]

10 hours ago, Mississippi Bullfrog said:

I've never had to use it for a bike. When I've been rebuilding cars I found it wasn't worth it, I always went for fully comprehensive. But you'd need to get quotes to know how it would work for you.

The problem is getting insurance for a bike you don't have a licence for.

I had this recently for my nephew, he had to pass his CBT he could buy a bike.

Edited August 31, 2022 by onesea

[veracocha]

Found a company who specialise in SORN insurance (Bradsure) but quite expensive, £200 per year on condition it's garaged and ground anchored. Hopefully can cancel in a month if test goes ok. 

[Yorky]

49 minutes ago, veracocha said:

Found a company who specialise in SORN insurance (Bradsure) but quite expensive, £200 per year on condition it's garaged and ground anchored. Hopefully can cancel in a month if test goes ok. 

Beware of the fees that you will be charged to cancel, I'd guess that you will get very little of your original purchase price refunded.

Have a chat with them and explain your situation and ask them what is the best option with regards to continuing the policy but on a different basis, even changes of details can be very costly.

Edited August 31, 2022 by Yorky
Typo

[Mick67]

One thing that will/should bring down your costs will be to have just social and domestic and not commuting(if your mot using the bike for commuting), think it saved about £50 when I took out a policy two years ago, cant remember this years saving.

[Pie man]

On 02/09/2022 at 07:27, Mick67 said:

One thing that will/should bring down your costs will be to have just social and domestic and not commuting(if your mot using the bike for commuting), think it saved about £50 when I took out a policy two years ago, cant remember this years saving.

I commute on my bikes and found it was no difference in the Price. It pays to shop around

[Pie man]

On 31/08/2022 at 08:22, onesea said:

The problem is getting insurance for a bike you don't have a licence for.

I had this recently for my nephew, he had to pass his CBT he could buy a bike.

I don't see it being a problem getting insurance, you just can't ride it and must declare it SORN. 

[onesea]

1 hour ago, Pie man said:

I don't see it being a problem getting insurance, you just can't ride it and must declare it SORN. 

That was challenge, it could not be SORN as I was going to ride it home for him….
I also think maybe the insurance company’s have been bitten by kids with no CBT getting carried away…

[bud]

That's the thing I suppose. To ride it home, it needs tax, which needs insurance.