Shopping for Insurance

[alaskanflyboy]

I've been running numbers to find out what my monthly cost with the bike will be, and got a couple quotes on insurance. The lowest so far was Progressive at $875 a year. For those of you carrying insurance, what are your rates and who with? I'd be paying out as much a month in insurance as I would on the bike loan. Is there cheaper out there, or have the squids made that a pipe dream?

 

[Marthy]

I've been running numbers to find out what my monthly cost with the bike will be, and got a couple quotes on insurance. The lowest so far was Progressive at $875 a year. For those of you carrying insurance, what are your rates and who with? I'd be paying out as much a month in insurance as I would on the bike loan. Is there cheaper out there, or have the squids made that a pipe dream?

Try State Farm. Been good to me so far

 

[Harda toenail]

Liability with progressive = 200/year.

 

[alaskanflyboy]

Unfortunately, I'll be financing this bike, so I'll need full coverage, but it's nice to know once it's paid off that I can get cheaper. Granted Washington doesn't require bikes to carry insurance.

 

[ajskillz13]

$240 a year with State Farm for full coverage... $500 deductible. I do have a house and two other cars with them and a clear driving record. Can't beat $20 a month!

 

[yamarx1]

Try Liberty Mutual they always seem to be the cheapest for power sports, when everyone else was quoting me $1000 or more on my RX-1 snowmobile they came in at $254, so when I shopped around for my bike they came in at $297 for year.

 

[alaskanflyboy]

I'll definitely be looking into those. I have a car, a clean driving record, and am taking an MSF class. Really the only things going against me are my age, general inexperience, and the bike will be a brand new '09 with 0 on the odo.

 

[JSP]

$20 a month full coverage with State Farm

 

[ajskillz13]

I'll definitely be looking into those. I have a car, a clean driving record, and am taking an MSF class. Really the only things going against me are my age, general inexperience, and the bike will be a brand new '09 with 0 on the odo.

This was my first bike (No experience) and I got the policy two months before I turned 26 last fall.

Shop around and make sure you find a good agent. I consider mine a good friend and I know he would be there to help no matter what. Try to get a reference from someone you trust. Even if you don't get the lowest rate, the quality of service will far outweigh the costs.

 

[iSpoolin]

175$ a year, full coverage with Rider Insurance.

 

[dekaliber]

Brand new 2010 bike insured with State Farm for $288/year, full coverage. I'm 27, have 2 other vehicles and house through them so there's probably some group discount going on. A friend who's 25 got a wacky quote from Geico ($700 something) and ended up going with Progressive for about the same as I'm paying. We're both new bikers so no experience either.

 

[elikhom]

I've been running numbers to find out what my monthly cost with the bike will be, and got a couple quotes on insurance. The lowest so far was Progressive at $875 a year. For those of you carrying insurance, what are your rates and who with? I'd be paying out as much a month in insurance as I would on the bike loan. Is there cheaper out there, or have the squids made that a pipe dream?

I got $950 with Progressive too, tried a bunch of different ones and all came up higher for full coverage. I think this being my first bike ever has to do with it.

 

[24KMACH]

Progressive, $520 Full coverage and then some.

 

[alaskanflyboy]

I'm gonna guess inexperience and the shiny-new factors are playing heavily in the large quotes I'm getting.

 

[JSP]

I'm gonna guess inexperience and the shiny-new factors are playing heavily in the large quotes I'm getting.

I started riding (street legal) at 24 or 25 on a brand new 250 Rebel and it was $18 a month full coverage. (Married, no accidents/tickets) I am now 27 and have 1 accident (totaled) and 1 speeding ticket on my R6 and it is still $20 a month full coverage. We have all our other vehicles through State Farm as well.

 

[Sparkxx1]

I get 600/year I'm 21 a new rider, and a new bike. I've had a clean driving record for 4 years. Sigh, I wish I had those 20/month deals. =D

 

[Harda toenail]

Insurance companies don't like new things. I refuse to ever finance a vehicle or buy full coverage. In the end, it's money in someone else's pocket. Just my opinion though. Some people like monthly bills better than one lump sum. But I figure, if you don't have the money at the time of purchase, you don't need it

 

[justgiver]

$2080 a year with the maximum discount you can get her in Manitoba with our communist government run insurance. Bikes are insane to insure here a bike will cost you the same whether you are 30 or 40 or 50 and have a clean driving record.

 

[ajskillz13]

$2080 a year with the maximum discount you can get her in Manitoba with our communist government run insurance. Bikes are insane to insure here a bike will cost you the same whether you are 30 or 40 or 50 and have a clean driving record.

Wow... I'm feeling very fortunate. I've got a $35k 2010 SUV and a simliar priced 2007 car that are each only about $900 a year to insure. Thank you Indiana!

 

[alaskanflyboy]

$2080 a year with the maximum discount you can get her in Manitoba with our communist government run insurance. Bikes are insane to insure here a bike will cost you the same whether you are 30 or 40 or 50 and have a clean driving record.

Ouch! At least goose hunting is cheap up there.