I have my 06 Tiger insured with Allstate and I'm at just under $400 a year. I have my house and three cars with them as well and discounts for the MSF courses.
[ This message was edited by: thx1158 on 2006-11-21 11:21 ]
$1,500? Do you have some accidents on your record? That's outrageous. I pay $300-something a year, in Oklahoma, for comprehensive. Honestly, I think my own is a little high, but I bought a brand-new '06, last Oct..
If your record is without reason for such an expensive rate, I'd do some serious shopping around.
You really have to shop when it comes to bike insurance. While living in St Loo State Farm was always the cheapest, for me, by far. Here in CA they were more than double, and Progressive was only marginally more than State Farm in St Loo. Go figure.............
The best insurance I found was from Progressive. Just under $1000 a year.
My licence says SAFE DRIVER and I have only been given 2 (two) tickets in my life. The last one over 2 years ago.
I already have my Tiger, so I went with Progressive, but I plan to keep shoping for insurance. My guess is it will be no problem to go from Progressive to a company with a better price. Has any of you done this before?
It should be clear by now that no two people's rates will be the same, even from the same company. Everything from your locations and age, to your driving record, to your credit report, will affect your rate--and sometimes I suspect even the phase of the moon.
Always shop around!
(Even with that said, $1500 does seem extraordinarily high unless you're in an unusually high theft-risk area.)
[ This message was edited by: Diego on 2006-11-23 17:29 ]
If you change to another carrier be sure to find out how much of a refund of the unused premium you'll get back. If you cancel in a relatively short period of time the proration is likely to be quite high and you'll need to factor that into your decision. If you'll save $300 annually but only get $1000 back you're better off to wait until renewal.
$1500 does seem high- you might check with your local Ridercoach or bike shop for an agent who also rides. I've had quotes on the net that were quite a bit higher than anything I could get through a local agent. I had Dairyland for years and now Modern Home- $235/year for everything on my 05. They consider it a nine month policy here even if I ride year round.
Florida may be one of those high risk states with all the oldsters careening around in their Caddiwacks.
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Sometimes it takes a whole tank before one can think straight
I don't understand why my quote is so high in comparison here.
I am 42 y/o, "Safe Driver", and always on top of my game.
Don't know where the risk factor is coming from.
Maybe it is a Florida thing or a Miami thing. My Allstate agent (that I have been with for 5+ years) told my Allstate is having a lot of problems with bikes. Actually, after I gave her the VIN number of the bike, the $1500 a year went to $1500 for just 6 moths. Nice way to tell you they are not interest.
I'll keep doing my homework. For now, I'll ride and ride...
Worst case, I go with a different company next year.
I would check Markel Inusrance group. they have a specific section for motorcycle insurance. I have 2 tickets on my license within 3 years and my insurance was $426/ year. Progressive was $1008 per year. There was a huge savings and progressive was unwilling to do anything to help.
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