Official Honda Insurance

[mond]

Only gripe with Honda, as is most companies is WHY cant we have the cheapest price first?? Unless it is purely to make money out of lazy peeps who cant/wont ring around?

Codbasher

With the FSA coming into affect Brokers will lose the facility to do what they call 'delegate business' ( being able to quote what the hell they like ) so in the future you SHOULD be given one price that is not negotiable.

I hope that helps.

 

[mond]

Dear Mr Johnson

when you say you are the brand manager for Honda insurance, do you mean you are employed by Honda to provide insurance under an Honda insurance scheme funded by Honda, or are you a broker offering insurance to Honda owners within a block booking scheme?

I merely ask for clarification purposes

Aidey

I am employed by CIA Insurance Services who entered into a contact with HUK last year to provide insurance to new and existing Honda owner.

Does that help ??

Kes

 

[mond]

I am sorry but as much as i would like an office in Spain i am stuck in a little shack , not in Calcutta but in Delhi ?

Im missing home :yo:

Kes ( sat in office in Rugby )

 

[Jaws]

Tooty has just ( quite rightly ) raised the issue of Mond being on here apparently touting for business..

He came on at da managements express request for this reason:

1) Not one of you is daft. If Honda Ins quotes dearer than somewhere else they do not get the business

2) Kes managed to sort out some serious stuff on the VFR forum and we thought he might be able to help out some of you guys and gals too..

3) It is way better to have someone in Kes's position getting real solid feedback from folk than him being isolated and thinking a good job is being done when, in some cases, he can influence things towards a BETTER job

So rest assured my diligance has not slipped, and we will still not tolerate peeps on here signing up just to push their stuff on you..

Kes has kindly stood in the line of fire at our behest... Hope that clears matters up a little for you ..

 

[Trev]

Good and bad experiences. Like many here, I took out Honda insurance last year. It was an excellent deal, with the option of protecting my NCB (which I did). As I use the bike for work, I also needed Class 1 cover, which was no problem.

Here's the good bit. Had a low speed spill in September (some oaf pulling out in front). First accident in 15 years. Lots of plastic damaged and a new can. Claim was dealt with promptly and efficiently, so no complaints on that score at all. Protected NCB means I'm allowed a couple of claims in a three year period, I think. Well done Honda Ins.

Bad bit. Renewal letter has arrived. Old premium was just under ?300. New premium (you might want to sit down) ?580. The reason for almost doubling the premium? Landmark (who underwrite the policy) have "withdrawn class 1 cover". I can have just fully comp and commuting for ?330, apparently. Bennetts are quoting about ?25 less (having declared the claim in September), with CN around the same. Given the huge premium hike, why should I stay loyal to Honda Insurance?

A cynic might say you were priced low to get the business, then cherry picked for lower risk.

Any comment?

 

[Codbasher]

Codbasher

With the FSA coming into affect Brokers will lose the facility to do what they call 'delegate business' ( being able to quote what the hell they like ) so in the future you SHOULD be given one price that is not negotiable.

I hope that helps.

Understand that Kes, and thanks for coming here and explaining things.

But what can you say to about one price insurance that wont make me think you are going to charge say ?400 take it or leave it, thats our price etc. when really other firms will do the same but at ?350, people like myself who are getting mighty peed off spending a morning or a day on a phone listening to crap 'hold' music, or some spotty dork umming and erring down the phone, on average I reckon it takes at least 1/2 an hour per firm to sort out a quote.

On the whole I am happy with Honda insurance, esp as i did think that last years price was a one off from a new business, but to me the price again this year is fair, sure there was a cheaper quote from Laxtons, and I may have gone with them if I had the money to pay it straight of, so beware next year, you may be losing me, stay on yer toes and quote me happy :bow:

 

[Jaws]

This is aimed at Trev, but also many others on here too..

I do not wish to be rude to anyone, least of all Trev cos chances are he has not seen my rant on this subject before... but..........

How many times do you have to be told the same thing before I am believed ?

Trev, whilst they may well not be telling porkies and class 1 may have been dropped, the reason your premium has gone up is cos you had a claim..
There is no such thing as protected NCB..
I am sure Kes will jump on here and defend the policy but rather than speak from wrot I am speaking from extended and reapeated actual real world experience..

Yes, your NCB is protected.. yes sir, you still have your NCB..
Unfortunately your premium has gone up by x amount because of y reason.

This happens almost every single time.. I have do doubt there are genuine honourable companies in the world, indeed in the UK, but most of them are not so honourable.

Unless you have a bike less than 18 months old having fully comp is a complete and utter waste of money.. I could do the maths agin for you all but I have a suspicion folk are prely fed up seeing ! LOL !!

TPFT is the way to go on a Bird.. FC is a good way to burn money....

 

[mond]

Bad bit. Renewal letter has arrived. Old premium was just under ?300. New premium (you might want to sit down) ?580. The reason for almost doubling the premium? Landmark (who underwrite the policy) have "withdrawn class 1 cover". I can have just fully comp and commuting for ?330, apparently. Bennetts are quoting about ?25 less (having declared the claim in September), with CN around the same. Given the huge premium hike, why should I stay loyal to Honda Insurance?

Jaws

Thank you for your comments - you are dead right

The only other thing i will add is that Landmark as a company are very competitive but they have taken off the cover for Business use thus meaning we have to look elsehwere to place that type of business.

The combination of the claim and landmark stopping business use has increased your premium - sorry.

Thank you

Kes

 

[Zoffo]

This is aimed at Trev, but also many others on here too..

I do not wish to be rude to anyone, least of all Trev cos chances are he has not seen my rant on this subject before... but..........

How many times do you have to be told the same thing before I am believed ?

Trev, whilst they may well not be telling porkies and class 1 may have been dropped, the reason your premium has gone up is cos you had a claim..
There is no such thing as protected NCB..
I am sure Kes will jump on here and defend the policy but rather than speak from wrot I am speaking from extended and reapeated actual real world experience..

Yes, your NCB is protected.. yes sir, you still have your NCB..
Unfortunately your premium has gone up by x amount because of y reason.

This happens almost every single time.. I have do doubt there are genuine honourable companies in the world, indeed in the UK, but most of them are not so honourable.

Unless you have a bike less than 18 months old having fully comp is a complete and utter waste of money.. I could do the maths agin for you all but I have a suspicion folk are prely fed up seeing ! LOL !!

TPFT is the way to go on a Bird.. FC is a good way to burn money....

Well I'm fairly new here and too lazy to go hunting for the previous posts but surely having FC means you'll be back on the road quicker if there's any 'mishap'

Having just paid almost ?500 for fully comp (no NCB) I'm open to persuasion. I suspect in your position, being able to repair and source parts following and accident you would have an advantage but if it's a write off what then?
For me, I have cringing memory of a 5mph coming together with a geriactric cage driver that cost me over ?1000 in broken plastic so I tend to stick with FC.........but as I said, I'm open to persuasion

 

[Codbasher]

Am I reading this right?

If Jaws is right, then many of us who have fully comp, need not have it, cos we get the same benifits TPFT but a lot cheaper? Can someone explain please :h

 

[Wiz]

I'm afraid that having told Jaws about mond it has all gone a bit sour on the VFR board. He has been actively touting for business in three different forums on that site offering to give people better deals etc. Whilst I am all for commercial enterprises to approach us in an "above board" manner with a specific discount offer for our members, the underhanded way in which mond plastered his details all over the other site in a flagrant attempt to cash on some free advertising has not gone down well.

John, I'll speak to you on the phone about this mate, but he has caused an unnecessary shit storm the VFR site and I'm not very happy with him at the moment

 

[mond]

The main benefit of having Comprehensive is that you are covered for damage to your own vehicle where as Third party fire and theft does not.

I trust that is what you mean ?

 

[Codbasher]

Have to admit to wanting someone else pay for the damage to my bike, rather than taking it from my own wallet etc. :blush:

 

[Phoenix]

I would hazzard a guess that the logic goes like this

if you make a claim for an accident thats your fault (theres no other reason for such a claim) then the insurance hike in subsequent years will be so high that you will be severely worse off than if you didnt bother.

This would be because the base insurance cost of a high powered bike like the bird is very high, and trying to ride one withou NCB and a recent accident on your record would prove very expensive

I cant argue with this, both times when I have dropped a bird, my investigations discovered this very same fact, and I ended up fixing the bike from my own pocket...so, I ask myself, why the hell do I still buy FC?, and the reason for that is generally because the cost difference between FC and TPFT is so small that its worth taking out for that time in the future when I completely total the bike!

 

[mond]

UNTIL FURTHER NOTICE I AM SORRY TO SAY THAT I WILL NOT BE GIVING ADVICE REGARDING INSURANCE ON THIS FORUM -

I FEEL MY INTENTIONS HAVE BEEN MISUNDERSTOOD AND WOULD NOT WISH TO OFFEND ANY OF YOU GOOD PEOPLE.

 

[Trev]

Jaws

Thank you for your comments - you are dead right

The only other thing i will add is that Landmark as a company are very competitive but they have taken off the cover for Business use thus meaning we have to look elsehwere to place that type of business.

The combination of the claim and landmark stopping business use has increased your premium - sorry.

Thank you

Kes

Kes

So the claim has increased the premium! (John, looks like you're right on this one...) I've had protected NCB for donkey's years on the car, and despite a couple of claims the premium's not been affected. I don't mind the cost going up if only you'd be honest about what you're doing. Could you make it plain that "protected" doesn't mean in Honda Insurance terms what 99.99% of the population think it means?!

Thanks for the apology, though. I may still renew with Honda, but it's a bummer finding out the hard way why the premium's gone up.

John

No offence taken. I've always used FC insurance. I can see why you think it's ultimately a waste of cash: I don't necessarily agree with you, but I will think twice before splashing out on any NCB protection again!

Have fun

Trev

 

[Coggy]

Coggy and Richard et all

Im sorry but it is difficult for me to comment on Quotes being bad or quotes being good - i have a thread on the VFR forum that has proved to be very very popular but i went on this morning and it has been closed :bang:

I have been accused of 'drumming for business' and i do not want that to happen on here.

I will help you all with specific queries relating to Honda Insurance and queries about insurance in general but sorry to both of you , but some people are clearly confused about my motives.

Many thanks
Kes

Not expecting you to comment.
Just my opinion on Honda Insurance,which was what you asked for I think

 

[Codbasher]

Um Wiz,

Surely the point of Mond coming here was to answer questions, and sort out any gripes we may have with Honda insurance, and if we can get something a bit cheaper then that must be good for us, or he may bugger of to another site and give em good discounts there. Maybe we could open a new forum line for peeps like mond to offer services, would certainly go down well if it saved any of us wasting a morning talking to someone in Delhi.

Just mt thoughts be they right or wrong.

 

[derek kelly]

I am inclined to agree with Coddy here, if Kes is prepared to come on here and put himself in the firing line so to speak, and he can offer a competetive deal then let him tout for business, we all have the option of phoning round for quotes and if we can get a better quote elsewhere give Kes the opportunity of bettering it, at least he is a name to talk to and not just a drone on the other end of the phone,
even if as Coddy says open up another page to the forum ie business section.
There are people on here who run businesses who do not tout as they don't need to as the people who have dealt with them are only too pleased to reccommend them if Kes can save me money on next years policy then let him

 

[Jaws]

It really is all long winded to type in here ( even for me ! ) but please, is anyone wants to ring me at all ( 01842 754415 ) I will be happy to explain why FC is not a good choice for bird owners ( if the bike is over around 18mnths old ).

You are then most welcome to type it in here if you wish !

All the figures are from real life and repeated instances.....