Got a nice email today:
The motorcycle insurance industry has suffered excessive losses over the past year due to the rise in motorcycle thefts and substantial increase in cost of parts.
In order to sustain the rising cost of claims we have no alternative but to institute the following corrective action.
With effect from 1 August 2017 the following changes has been implemented on your profile:
Premium increase of 20%
Standardization of excesses
Means my yearly increase is making me poorer! I'm curious if anybody else has got similar and what people are paying in general?
I have a 2011 990r and think I am paying about r500
Sent from my HUAWEI VNS-L31 using Tapatalk
The motorcycle insurance industry has suffered excessive losses over the past year due to the rise in motorcycle thefts and substantial increase in cost of parts.
In order to sustain the rising cost of claims we have no alternative but to institute the following corrective action.
With effect from 1 August 2017 the following changes has been implemented on your profile:
Premium increase of 20%
Standardization of excesses
Means my yearly increase is making me poorer! I'm curious if anybody else has got similar and what people are paying in general?
I have a 2011 990r and think I am paying about r500
Sent from my HUAWEI VNS-L31 using Tapatalk
