BMW Motor Cycle Insurance shock

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GK

Pack Dog
Joined
Feb 5, 2007
Messages
158
Reaction score
0
Location
Cape Town
Bike
BMW R1200GS Adventure
Received a lovely letter from BMW Motor Cycle insurance yesterday telling me my premiums had gone up by 22%. Yep 22% to cover rising cost of spares and particularly the high cost of new parts.

No I have not claimed for any damage and no it is not the time for my annual increase as that is in 6 months time.

Yes I am over 50 and no I have never claimed. I have had a license for more than 20 years.

The bike premium is more than 50% higher than my Land Cruiser or Mercedes with similar values to the GSA and a third higher than my wife's Corolla valued at R115,000 and insured for "business use"!!!!!!!!!!!!!!!

Are we being robbed or what?????????
 
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