Everybody wants to get the best deal they possibly can for their motorbike, that’s why we set up Cuuver.com – to help you compare the UK’s leading insurance providers and get the best deal for you.
There are a number of factors which contribute to the deal insurers decide to offer you, with the two biggest factors being how likely you are to make a claim and how expensive your claims are likely to be.
This means the type of bike you are insuring will have an impact on the quote you get, as some cost more to repair than others so their claims are likely to be larger. Because of this, some bikes are a nightmare for insurers and they pass this nightmare onto the owner by charging a fortune to insure them.
Whether it be because they’re rare, expensive or just really risky to drive, these motorbikes are the most expensive to insure:
The RC8R, along with KTM’s other superbikes is no longer in production. Why? Because KTM believe that it is too dangerous for public roads – these are two red flags for insurers, straight away. If the manufacturer of the bike is even saying that it is dangerous, then the super safety-conscious insurers are likely to feel the same way. Clearly, owners of dangerous bikes like the RC8R are likely to claim, as they are more likely to crash, making it more expensive to insure.
Also, because the RC8R is no longer in production, finding new parts to replace damaged ones is a difficult and expensive task, which also contributes to its high premiums.
Owners of Honda motorcycles will likely have noticed that their bikes seem to cost a lot more to insure than other motorcycle brands. That’s because it was revealed in 2011 by the National Insurance Crime Bureau that Honda bikes are stolen more than any other brand. That stat still remains accurate today, with the latest figures showing that 1300 more Honda bikes are stolen than the second-most-stolen brand of motorcycle, which, for the record, is Yamaha. Couple that statistic with the fact that the CBR1000RR is a liter-class sportbike and you’ve got yourself one expensive bike to insure.
Suzuki’s GSX-R range is the bestselling range of sportbikes on the market, but that doesn’t mean there aren’t a few expensive models in the range. The latest model of the GSX-R1000 costs over £16,000 to buy new and parts for the bike aren’t cheap either. As well as this, because they are so popular, there have been plenty of recorded incidents of accidents and claims involving these bikes. As a result, the GSX-R1000 is one of the most expensive bikes to insure.
The Kawasaki ZX-14R is one insane looking motorbike and it has some insane capabilities to match. It was Kawasaki’s most powerful sportbike in 2007 and although it may no longer boast that title, the latest version can produce up to 207.9 horsepower, which is still pretty incredible for a vehicle that has only two wheels. It can accelerate to 60 mph in only 2.5 seconds and has a top speed of 186 mph, which it had to be electronically limited to after an agreement between major Japanese and European manufacturers.
Naturally, bikes with these kinds of capabilities carry a large amount of risk and as you’ll have figured out by now, risk means higher premiums. Unfortunately, for owners of the ZX-14R, this makes it one of the most expensive motorbikes to insure.
Just like the GSX-R, part of the reason that the Hayabusha is so expensive is because there are so many incidents of claims and accidents involving it. This is because it has been around since 1999, meaning there has been a lot of time for these accidents to happen. Combine this with stats as crazy as the ZX-14R and you have the most expensive bike to insure.
The original model had a top speed of 194 mph before being limited to 186 mph as a result of the same agreement that limited the ZX-14R. As well as this, it reaches 60 mph in 2.6 seconds and produces 172 horsepower. It’s not hard to see why insurers consider this such a risky and therefore expensive bike to insure.
This should not be construed as medical advice and is for informational purposes, only.