Motorcycle insurance

[jacko 8,822]

Aside from being expensive, I heard insurance companies don't like to cover theft and will sell you a cheap version that pays less than the replacement cost. Keep in mind that stealing motorcycles is a lucrative economic opportunity for teenagers or young adults.

 

Even for local motorcycle business owners, theft is a risk passed on to tourists, who don't have coverage. As many times, I have rented, the only thing I had to worry about is a missing helmet.

You heard correctly, but didn't read very deeply. Where I bought the supplementary insurance, theft protection added a whopping 5000 bahts to the policy, but the dealer offered 2 years theft only cover, 80% returned if stolen in the 1st year, 40% in the second. I thought that was a good deal..... getting 40K back if it was stolen for the 2.5K outlay. (This was 16 months ago..and likely an incentive for those buying on credit!.... I paid cash)

 

Of course if you rent off beach road for 200 baht/day, you are responsible for the full replacement value.

 

Fortunately, as you have been, and touch wood, I have not yet had to test this insurance, although helmet theft, yes, this I am acquainted with. I also have had attempts to break into my back box, and yesterday some twat took a screwdriver to my car rear window and had a good rummage around inside.

Edited June 4, 2008 by jacko

[bigdelta 46]

Contacted Tooie today and she quoted a very fair price for coverage.