Should we be wary of Mutuelle des Motards bets?
Content
Mutuelle des Motards is definitely an insurance company that specializes in motorcycles and two-wheelers, the most popular among bikers. Indeed, unlike other insurers, Mutuelle des Motards has many advantages:
- Relatively fair prices.
- Fast and efficient support, whether you are at fault or not.
- Exclusively French service with a toll free number.
- Insurance covering accidental use of the track.
However, the most important criterion for many when comparing multiple insurers is price. A motorcycle is a pleasure that is expensive to buy, maintain and, above all, insure! The observations are, of course, similar for scooters. As a result, many bikers compare prices for insurance formulas from Mutuelle des Motards, AMV, MACIF and many more. To help us compare prices, insurers offer online calculators that let us know the premium according to his two-wheeler and his driving history.
So why should we be wary of Mutuelle des Motards?
Attractive prices for new clients and contracts
When simulation of rates for a new insurance contractMutuelle des Motards (AMDM) has generally good ratings. Or AMDM comes out ahead with a lower price point than the competition, in which case the choice is often made quickly. Either we are talking about a similar amount of AMV or Direct-Assurance, in which case the quality of service matters, and we agree to pay a little more for often better protection.
Hence, motor kart mutual insurance offers: good rates for new clients and new contracts... There is nothing to complain about here!
Higher prices for existing clients and contracts
But a few months after the start of the insurance contract, Mutual Motards Insurance (AMDM) sends its policyholders a notice of expiration of the new year, which runs from April 1 to March 31 of each year. And here's a surprise at the price level: As an existing customer who has a current contract with AMDM, you're paying more than a new customer!
Indeed, AMDM prioritizes new customers over existing ones, offering lower prices on contract signing than renewals.
Here is a very simple example to illustrate these words for you, it relates to my personal situation:
- I have a recent motorcycle that was registered in early 2017. This is a 1000cc Yamaha roadster.
- I paid about 1050 euros for the first year.
- I receive the due notice informing me that by the new year the amount to be paid will be the same, that is, 1050 euros.
The problem is that at the same time:
- I have increased the bonus from 0,76 to 0,72. This is an additional bonus of 4%.
- My bike took a year and so its value dropped. Moreover, since the first years, the rating has dropped sharply.
If I receive a higher bonus and the value of my bike drops, but I pay the same amount, it means that I pay more for my insurance this year than last year.
Price increase compared to the 2021 schedule, despite the restriction
In 2020, all French bikers had to adapt to traffic restrictions during the first 3 months of imprisonment... Thus, most two-wheeled vehicle users leave their vehicle in the garage to be able to drive it. It's the same with motorists. As a result, the number of road fatalities and road accidents will decrease in year 2.
Logically, there should be fewer accidents and fatalities. translate into savings for insurance... To anticipate these savings, some insurance companies, such as AMV, have made an immediate gesture for their policyholders by cutting their premiums by several months in custody. Others, such as the Mutuelle des Motards, have announced that the impact of these savings will be noticeable in the 2021 timeline.
From the end of February 2021, Mutuelle des Motards began sending out deadlines until 2021 to its policyholders. And what a nasty surprise to see prices go up for the vast majority of policyholders. At the same time, the car depreciated, the bonus increased, and we were stuck for 3 long months ... When we put these different points in perspective, we can qualify this price increase as a significant increase. From several tens of euros per year to several hundred, depending on your situation.
But then how to explain that policyholders who have not driven their motorcycle for 3 months in 2020, that is, a quarter of a year or more, when the two-wheeled season resumes, will see their premiums increase in 2 years? In fact, the Mutuelle des Motards had a very costly case of over 2021 million euros in compensation, which limited the effect of the restriction-of-liberty savings.
And above all, the reserves are intended for financial investments, the value of which has fallen sharply in connection with the current crisis. Hence, insurers must replenish AMDM funds because of the crisis and, let's say, because of the mismanagement of provisions.
Compare AMDM prices for new and existing customer.
You can easily verify this by comparing the fee specified in the due date notice for the period 01 to 04 and simulating the prices for the new contract at https: //montarifenligne.mutuelledesmotards. Fr / internet / prices / calculation.
In my case, the difference is between 100 and 150 euros per year. Which is important for a motorcycle contract.
So what should you do?
Mutual Motards Insurance (AMDM) offers this pricing policy that benefits new customers in the first year. Thus, you have a choice between:
- Agree to pay more because you are a regular customer and are happy with the services of this two-wheeled insurer.
- Contact AMDM to request a commercial gesture. This decision is made by the local office, which will take about a week.
- Cancel your current contracts that are about to expire and reopen them through the Mutuelle des Motards website.
Personally, I decided to terminate two contracts in order to open two new ones. It doesn't cost or fines, but all of a sudden I'm not accumulating seniority to get a discount.
To cancel, all you have to do is reply to the expiration letter within 20 days of the document sent, with the postmark used as evidence. The termination request must be sent by registered mail to the following address:
Feel free to compare the rates of other insurers to find motorcycle insurance at the best price:
