Jump to content

Recommended Posts

Posted

How much does anyone pay for reasonable insurance cover, theft and accident, on a PCX or bike of similar size and value?

 

What company do you use?

 

Obviously other than the compulsory govt insurance.

 

Mine is due for it's first renewal at the end of Feb, last year the premium was 4,632 baht, is this reasonable ? 

Theft cover was only 80k on a bike that cost 110k (hybrid), third party cover 500k person, 10 mill accident.

 

Posted

 

Seems reasonable. I paid 5,475 Baht for First Class insurance with MSIG for a brand new ADV150. Covers fire, theft, 3rd party injury, 3rd party property damage and own/passenger medical expenses. Excellent service (though not made a claim) from the brokers at AA Insurance - www.aainsure.net 

 

Coverage

MSIG Insurance

1st class-Contract

 

Third Party Liability Cover:

 

1.Bodily Injury or death over     

   CTPL Limit to  

 

 2. Property Damage

     2.1 Amount of Deductible
 

Own Damage Cover:

 

1.Own Damage

     1.1 Amount of Deductible

 

2.Fire & Theft

 

Driver & Passenger Cover:

 

1.Personal accident benefit for                                   

                                    1 Driver

                            1 Passengers

 

2. Accident Med Expense (2)                                  


3. Bail bond

 

 

 

500,000 Baht/Each person

10,000,000 Baht/Each accident

 

1,000,000 Baht/Each accident

0 Baht/ Each accident

 

 

 

85,000 Baht/ Each accident

2,000 Baht/ Each accident

 

85,000 Baht/Each accident

 

 

 

 

50,000 Baht/Each person

50,000 Baht/Each person

 

50,000 Baht/Each person

 

300,000 Baht/ Each accident

Use of Motor Vehicle

 

Driver

 

Private

 

Any Driver  

 

Premium Total

5,375 Baht

 

  • Like 1
  • Thanks 1
  • 2 weeks later...
Posted

Just received my renewal notice and the premium is 4,174 Baht but the sum insured is only 72k. The bike cost 110,000 and is one year old so a reduction in value of 35% seems a bit high.

Posted
2 hours ago, YorkshireTyke said:

Just received my renewal notice and the premium is 4,174 Baht but the sum insured is only 72k. The bike cost 110,000 and is one year old so a reduction in value of 35% seems a bit high.

In your first post you talked about 80k coverage, so it was lowered from 80 to 72k? It could be that the insurance company doesn't have the hybrid version in their system, thus your insurance is based on the 85k new price of the regular PCX 150.

Posted
19 hours ago, jackdd said:

In your first post you talked about 80k coverage, so it was lowered from 80 to 72k? It could be that the insurance company doesn't have the hybrid version in their system, thus your insurance is based on the 85k new price of the regular PCX 150.

 Yes, I bought the bike when it was 5 weeks old with the insurance cover already in place by the original buyer so I didn't have a say in the terms.

Posted
On 1/28/2021 at 4:25 PM, canthai55 said:

2013 PCX

Siam Cosmos

2697.47

500,000 per person / 10,000,000 per accident

12,000 own accident

 

Do they insure your other bike?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...