Kawasaki by Pop with no insurance

Discussion in 'Northern Thailand - General Discussion Forum' started by angkor1, Oct 17, 2010.

  1. angkor1

    angkor1 Ol'Timer

    Joined:
    Feb 8, 2009
    Messages:
    235
    Likes Received:
    1
    Trophy Points:
    0
    Ratings:
    +1 / 0 / -0
    Last week I talk with the owner from Pop Motorcycle, now the Kawasaki bikes you can rent but without insurance. To many accident he told me and to expensive for aool his bike. Thats a risk for many tourist people. :crazy: :shh:
     
  2. TonyBKK

    TonyBKK Ol'Timer

    Joined:
    Dec 27, 2007
    Messages:
    3,857
    Likes Received:
    7
    Trophy Points:
    38
    Ratings:
    +7 / 0 / -0
    Hmmmm... well, the bikes have to carry the minimum liability insurance required by Thai law to stay registered, right? So I'm guessing he's saying no first class insurance will be offered anymore so any damage done to the bikes will come out of the renter's pocket? Sounds fair enough really...
     
  3. DaRider

    DaRider Ol'Timer

    Joined:
    Apr 27, 2010
    Messages:
    214
    Likes Received:
    4
    Trophy Points:
    18
    Ratings:
    +4 / 0 / -0
    Yup, seems to be the case with all the shops (at least the one i spoke to). They all said the same thing, to many accidents so no insurance company wants to sign with them.. They all had the compulsory third party insurance though.
     
  4. daewoo

    daewoo Ol'Timer

    Joined:
    Dec 6, 2005
    Messages:
    821
    Likes Received:
    12
    Trophy Points:
    18
    Ratings:
    +12 / 0 / -0
    Yup, seems to be the case with all the shops (at least the one i spoke to). They all said the same thing, to many accidents so no insurance company wants to sign with them.. They all had the compulsory third party insurance though.
    Did any of them actually carry insurance in the first place??? (other than Third Party, which I assume is only Third Party Medical)... I always thought that the shops just 'self insured' i.e. charged an extra 100baht, and then if you binned it, charged yo 1/3 of the bikes value and paid for the repairs themself...

    Hopefully DavidFL will be in soon to tell us aboot MrMechanic's policy...

    Cheers,
    Daewoo
     
  5. DavidFL

    DavidFL Administrator
    Staff Member

    Joined:
    Jan 16, 2003
    Messages:
    10,692
    Likes Received:
    722
    Trophy Points:
    113
    Gender:
    Male
    Ratings:
    +722 / 0 / -0
    According to my source the first class insurance costs 8,000 baht for the first year.
    However the insurance company providing the cover delays in paying out (what a surprise) & the bike stays in the queue at the repair shop while the insurance company is debating the damage bill.

    Meanwhile the bike is off the road & the rental company is losing rental money.

    There is also a 5,000 baht premium to pay when claiming on the insurance.
    5,000 baht plus is a huge amount of damage to a Kawa.

    After a year the rental companies don't think it is worth renewing the first class insurance.

    So if you smash it, you pay for it. Mr Mechanic does have a limit though, not more than 10,000 baht (I think.)

    My recommendation: use Mr Mechanic. :thumbup:
     
  6. Captain Wally

    Captain Wally Ol'Timer

    Joined:
    Jan 14, 2010
    Messages:
    190
    Likes Received:
    0
    Trophy Points:
    16
    Ratings:
    +0 / 0 / -0
    I can confirm the 10,000 baht limit (if you take out the insurance) at Mr Mechanic from first hand experience. :oops:
     
  7. stonevedder

    stonevedder Active Member

    Joined:
    Aug 26, 2010
    Messages:
    29
    Likes Received:
    0
    Trophy Points:
    0
    Ratings:
    +0 / 0 / -0
    Here's the latest insurance terms from Benz at Mr.Mechanic

    The motorbike with insurance covers the following
    1. In case the motorbike breaks down outside the city of Chiang Mai, the renter can get it repaired somewhere near by first and then must bring a repairing service receipt to claim 100% money back from Mr. Mechanic. But it does not cover the expenses of transporting the motorbike to the garage and working overtime or the cost of working outdoors for a mechanic. ( except for flat types or blow outs, the expense is not claimable )
    2. In case of accident, the renter must pay for repairing maximum 5,000 baht.
    3. In case the motorbike gets stolen, renter must pay 30,000 baht ( as the real price cost 80,000-100,000 baht )
    4. This insurance doesn’t cover the damage occurring towards the third party’s vehicle.

    Agreement of personal insurance in case of accident.
    1. This insurance covers everyone who gets injured from accident by this motorbike for medical expenses being disabled or death (personal belongings are not covered)
    2. This insurance covers medical expenses for driver at maximum of 15,000 baht, for companion and others at 50,000 – 80,000 baht.
    3. In case the medical expense is lower than 500 baht, the renter is required to pay on his/her own, in case the renter is found guilty from accident; the renter is required to pay another 2,000 baht for arrangement.
     

Share This Page