[mnrider]

Just wondering what you guys were paying for insurance? I was just checking around online and Progressive and Geico were the cheapest. Progressive was going for $720 annually with full coverage, Geico was going for about $620 annually for full coverage. i checked a few other places and they went up to $1500 annually. I'll be in a bike loan for a year or two I need full coverage during that. The bike is an 01' and I'm at the age of 21. Probably one of the youngest on here

 

[805triple]

I'd shy away from progressive. I layed down my Kawasaki ZR-7S and they totaled it out. It only cost me $600 to fix it when I chose to keep it as a salvaged title. Another rider really jacked up his CBR and they wanted to try to fix it. It seems like they keep when they should s***** and s***** when they should keep. I have Formost, they specialize in motorcycles and classic cars. Rates are a fraction of what I used to be paying. It was $700 for the Kawi when I was paying $1600 at progressive. Don't know exactly what it's going to run with the triple on there as well, but it should be around $1200 per year with both bikes.

 

[xSpeed3x]

I have Progressive and my first year with them I paid $924.00 and that was the cheapest. After the 1st year with them it went down to 537.00 a year.

Here in AZ the insurance rates are crazy!!! They says it's because we get to ride all year long, I think thats BS but what can you do besides move.

 

[milqster]

I'm paying about $430/yr on 06 speedy with State Farm. But I have 2 other bikes and my truck (only my 77 hd has anything less than full coverage) with them as well as very few claims in the past 17 years, those were mostly glass breakage anyway with one fender bender. Yeah, insuring 4 vehicles is a pain.

Slightly OT; Has anyone heard that comprehensive claims (ie hitting a deer) will now go against you and cause premiums to increase?

[ This message was edited by: milqster on 2006-12-07 15:30 ]

 

[mnrider]

I've had a few friends complain about that. Deer are everywhere here in MN, I think a few ppl's insurance went up. I thought so called "acts of God" or whatever weren't supposed to affect your insurance.

 

[Mindonkman]

I'm paying 260/yr for full coverage with $500 deductible, American Family Ins. Of course, I'm old witha pretty clean driving record. Progressive and Geico quoted me at least double what I'm paying now. I guess they have to pay for all those commercials some way. :asb:

 

[dragonrider]

Typically nationwide State Farm is the cheapest if you have their car insurance( they only way you can cover a bike). Progressive is not bad. It all depends on geography. I live in Miami and insurance rates are out-of-sight. I am paying $834 a year for the triple, but everyone else was $1500-2800. There is motorcycle insurance company called Dairyland, but here they are too much. You can always get a quote from them, and they could be the best if you live in podunk USA. The offer deep discounts for all sorts of things, such as MSF, years riding, multiple bikes, an so on. Good Luck!!!

Steve

 

[ssregal39]

i just turned 25 2 months ago and am now paying $90 a month for full coverage on the bike, new truck and renters insurance with state farm. i have a bunch of good driver discounts too.

 

[ctrhenry]

mine is 636 a year with liberty mutual and they offer a supplemental insurance to cover what your regular insurance does not in the event of a motorcycle crash . i am 34 with no tickets or crashes in the last 15 years

 

[EODjeff]

On 2006-12-26 09:12, ssregal39 wrote:
i just turned 25 2 months ago and am now paying $90 a month for full coverage on the bike, new truck and renters insurance with state farm. i have a bunch of good driver discounts too.

You ought to look into USAA while you're in the Navy. Once you are a member you're always a member but you can't join once you're out of the military unless you retire. They have the lowest rates I've seen. They are super easy to deal with for banking and insurance and you always talk to a human.

 

[aptech77]

Danm,
What the heck have you guys done. I have full coverage with another bike on the coverage and better coverage than state mins. and mine is about $550 a year.....

 

[ssregal39]

You ought to look into USAA while you're in the Navy. Once you are a member you're always a member but you can't join once you're out of the military unless you retire. They have the lowest rates I've seen. They are super easy to deal with for banking and insurance and you always talk to a human.

i have heard a little about it. may have to look into it at least for comparison.

 

[oamaru52]

To give you a comparison, in NZ I've been quoted NZ$960 per year for a new '07 S3 (from 1 ins company). I'm in my mid 50s, no crash history.
For anyone between the age of 25 and 30 rate is about NZ$1150.
I'd hate to think what the rate would be for someone under 25.

For what it's worth NZ$1 = US68c approx. (Doesn't matter anyway, a $ is a $). :-D :idea:

 

[S32k1]

Hey MNRIDER I'm 20 so I got you beat :wink: :hammer:

 

[Calitriple]

I pay $140 a year, Liability only. I have health and life insurance from work so no need for full coverage.

 

[StuckInKansas]

I pay $770 a year for full coverage with American Modern. I am 27 with a good record. Nice thing is, full coverage covers my bike, my gear, my passengers gear, any accesories or mods I have done to the bike. I don't have to let them know and pay extra premiums for the mods either. I lowsided my speedy and barely scratched my left blue flame can, and they paid me for the pair ($850), AND let me keep them! There is slightly cheaper out there, but not near the same coverage. I did my homework when shopping for insurance, and nobody can beat these guys...

 

[KuwlTriple]

I pay $138 a year with full coverage.
I'm in the Air Force, use USAA Insurance Company, and I'm 33 with a cleeeaaaan record.

 

[Warp8]

Everyones quotes of "full coverage" are meaningless without knowing what medical liability limits and deductibles you're at. I just insured my '07 S3 today with State Farm at a rate of $811 year. That's with no tickets, no accidents, age > 25. My full coverage is:

Liability $100k/$300k/$50K
Deductible $500 Collision and Comprehensive

I did online quotes this afternoon from Progressive and Geico for the same coverage. Progressive was $1050/yr and Geico was $1950/yr. Living in Phoenix contributes a lot to the premium cost. My rates here are almost double what I paid in Richmond, Va.