Big Bike Insurance

[Mactao]

Hi Guies,

I am not sure if I should have posted this in the insurance thread but I am guessing I will get more replies here since it is only related to big bikes.

I live in Bangkok and I recently ordered a new Kawasaki Versys 650cc that I will get in september is everything is going as planned.

I want to get a full cover insurance for that bike since it is new. I got an offer from the dealer for a "first class insurance" according to him from falcon company insurance.

Price: 16115 Baht

Maximum coverage: 230000 Baht (the bike costs 289000 Baht)

Bail deductible each time: 5000 Baht

I did not see the contract yet so could not read all the details and the things wrote in very small at the end of it. And of course I know that insurance prices are related of what is covered or not and to which extent it is covered.

But I would like to know:

1/ Is the price, according to your experience, reasonable for this type of insurance in Thailand?

2/ Does anyone can recommand an insurance company, he had good experience with, for big bike insurance?

Many thanks for your help!

Edited August 24, 2012 by Mactao

[Richard-BKK]

Personally I would get an additional Bail Bond Insurance, as the 5,000 THB is not much. I think, I paid 2,500 THB for an maximum sum insured 300,000 THB.

[yankee99]

Personally I would get an additional Bail Bond Insurance, as the 5,000 THB is not much. I think, I paid 2,500 THB for an maximum sum insured 300,000 THB.

i believe the bail bond is 200k. he only has to pay the 5000 deductible.

[yankee99]

big bike insurance is expensive here and not easy to get. Sometimes as much as 10% the value of the bike. Best to see if you can get a couple quotes.

[NomadJoe]

On my last Ninja 650 I had Viriyah. I seem to recall it was about 14k. Was a bit of a struggle when I made a claim as they wanted to use a repair shop and not replace with OEM parts. Viriyah seems to be the biggest.

[karlos]

Mine was 13,000Baht on my 2012 Ninja 650.

Although the max cover is 190,000Baht, which would be a bummer if i was to have an accident when ridding it out of the showroom.... (touch wood) 3 years of riding and nothing serious to report yet.

I can't recall the name of my insurance company but it was of the main two offered at Real Motorsport Bangkok (Kawasaki Dealership)

16,000Baht seems a little steep but you max coverage is a little more than mine, i'd like to have the option to the bike for it's full value even if i had to pay extra for it, which i'm sure i would

[Mactao]

Thank u guies for the answers. I will shop around and see if I can get a better value.

[transam]

Call AA insurance, speak English and nooooooo probs.

[JonnyF]

Call AA insurance, speak English and nooooooo probs.

I can second this recommendation. Good service in terms of responding to emails, speaking English and the cost was 15,xxx this year for my 600.

[Polanskiman]

Hey Mactao . Check out Viriyah. That's the one I got. 12k/year - 200.000 B coverage. Perharps they have a better one now.

Edited August 30, 2012 by Polanskiman

[deadman]

Ru covered if you crash at a track?

dm

[Polanskiman]

Ru covered if you crash at a track?

dm

I have no idea. Would need to ask the company.

Edited August 30, 2012 by Polanskiman