Insurance...Who and How Much?

[skooter65]

There have been a number of threads lately referencing insurance costs that, to me, seem astronomical. I thought it may not be a bad idea to see about how much everyone is paying (Maybe someone could switch to a less expensive provider)

I'll Start...

Age: 27
Driving Record: 1 accident, 0 Traffic Violations
Company: Concord Group Insurance
Discounts: Multi-Vehicle (Discount $35 per year)
Premium: $340 /year
Motorcycle: 2007 FZ6
Coverage: Collision, Comprehensive, Liability, Theft
Coverage Details: *To be added*

 

[Scorphonic]

Company: Adelaide Insurance (UK COMPANY)
Premium: £290/year
Coverage: Fire, Theft

 

[chaskell27]

I have an 06 fz6 I went with progressive
$140 per year covering:
liability
theft
limited comprehensive (dropping it or something)
and collision.

They have been great to deal with too.

 

[Kazza]

Swann Insurance @ AUS$300 per annum

Fire
Theft
Full comprehensive insurance
Collision

The whole works covered :thumbup:

 

[skooter65]

So far everyone seems to have reasonable prices. There are threads right now (Bikes for sale) where people are throwing around numbers of $900 - $1200 /year for the bike alone...what gives?

 

[chaskell27]

My car insurance is through Geico. When I got my bike I thought I'd try them and maybe get a discount..... WRONG. holy crap they wanted almost $600 for liability. I thought it seemed high so I called progressive to see where they would come it at. When they gave me the $140 quote, I asked them if they were jerking my chain.

The quote from Geico was ridiculous and I don't even want to think what it would have cost me for full coverage.

 

[sixsix]

-Allstate
-$1200 a year
-Full coverage.

Both progressive and geico quoted me more. Insurance sucks and is a major ripoff.

 

[Tailgate]

I have an 06 fz6 I went with progressive
$140 per year covering:
liability
theft
limited comprehensive (dropping it or something)
and collision.

Obviously, this is a typo. You meant, $1,400.00, right? Or, you didn't mean "collission." Or, maybe either you or your agent is smoking something really good, high quality? Please confirm the premium rate. Maybe you meant "6 month premium"?

 

[LERecords]

Dairyland Insurance
$550 per year (im 30 with a few tickets on my record)
full coverage 100/300/100 (for insurance people)

I would recomend them to anyone.. however i have never had to put a claim in..

 

[Mancolt]

I think we need some more information for this to be beneficial like age, driving record, discounts, motorcycle details and whether or not you have other vehicles or house with the same company. So here's mine.

Age: 23
Driving Record: 0 accidents, 1 (maybe 2) speeding tickets from 4+ years ago
Company: Progressive
Discounts: MSF Discount (~$50/year)
Other vehicles/house on policy: No
Motorcycle: 2007 FZ6
Coverage details:
-Comprehensive w/$500 deductible ($196.00)
-BI & Property Damage liability ($150.00)
-Collision w/$1000 deductible ($652.00)
-Pedestrian FPB $5000 per person ($2.00)
-Accessory coverage up to $3,000 (INCL)
-Roadside Assistance ($10.00)
Total: $1,010.00

Those of you that already posted, could you please update with these additional details. Otherwise, this really isn't all that helpful. I'm not going to get near the rate of someone that is 40 years old with no accidents and no speeding tickets on a 2004 FZ6....

 

[maverick1970]

This is a very important thread and hope people don't make the same mistake as I. I would like to heaar more about peoples extra/ additiomnal coverages for mods/add-ons.

 

[chaskell27]

I'm sorry I did not mean to include collision :spank:
I am 24 years old
no speeding tickets
1 traffic ticket from 4+ years ago
2 accidents both deemed my fault one was and one I was caught in a pileup
no other vehicles/house with progressive
no discounts
It is $140/year for:
2006
Yamah

BODILY INJURY & PROPERTY DAMAGE LIABILITY $43.00
BI $50,000 EACH PERSON - $100,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $25,000 EACH ACCIDENT
UNINSURED/UNDERINSURED MOTORIST $42.00
$50,000 EACH PERSON - $100,000 EACH ACCIDENT
MEDICAL PAYMENTS $2,000 EACH PERSON $35.00
COMPREHENSIVE $500 DEDUCTIBLE $27.00
ACCESSORY COVERAGE $3,000 INCL


Premium by Vehicle $147.00
Total Policy Premium $147.00

Sorry it's messy I just copied it from my statement. Comprehensive covers damage not related to collision. The Comprehensive statement from the website is:

INSURING AGREEMENT - COMPREHENSIVE COVERAGE
If you pay the premium for this coverage, we will pay for sudden, direct, and accidental loss to a covered motorcycle or a non-owned motorcycle that is not caused by collision.
A loss not caused by collision includes:
1. contact with an animal (including a bird);
2. explosion or earthquake;
3. fire;
4. malicious mischief or vandalism;
5. missiles or falling objects;
14
6. riot or civil commotion;
7. theft or larceny; or
8. windstorm, hail, water, or flood.

So the only thing not covered is my own stupidity if I laid it down while riding

 

[robaho]

Age: Late 30's
Driving Record: 0 accidents, no tickets
Company: State Farm
Discounts: Multiple Vehicles
Other vehicles/house on policy: yes
Motorcycle: 2006 FZ6
Coverage details:
-Comprehensive w/$500 deductible
-BI & Property Damage liability w/$500 deductible
-Collision w/$500 deductible
-Total: approx. $180.00/year (I don't have my policy with me, but recall that it is approx. $15 per month)

 

[discgolfdude]

I'm 34, will be 35 this month
2 accidents no tickets
discounts MC Endorsement
Safety Course
Homeowner


Coverage & Premium Information
Progressive



2006
Yamah
BODILY INJURY & PROPERTY DAMAGE LIABILITY $139.00
BI $100,000 EACH PERSON - $300,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $50,000 EACH ACCIDENT
UNDERINSURED MOTORIST $357.00
$100,000 EACH PERSON - $300,000 EACH ACCIDENT
UIM PROPERTY DAMAGE $50,000 LESS $100 DED $40.00
$300 DED IF HIT-N-RUN
MEDICAL PAYMENTS $5,000 EACH PERSON $167.00
COMPREHENSIVE $500 DEDUCTIBLE $47.00
COLLISION $500 DEDUCTIBLE $349.00
ACCESSORY COVERAGE $3,000 INCL
Premium by Vehicle $1,099.00
Total Policy Premium $1,099.00

 

[Mancolt]

discogolfdude, what company is that with?

 

[discgolfdude]

discogolfdude, what company is that with?

Progressive I added it to the list

 

[1adam1212]

Age: 35
Location: New York
Driving Record: 0 accidents, 1 speeding tickets
Company: State Farm
Discounts: Multiple Vehicles, Home Owners & MSF
Motorcycle: 2009 FZ6
Coverage: Comprehensive, liability, Collision ( $500 deductable)

Total = $193.00 per year

 

[sixsix]

-Allstate
-$1200 a year
-Full coverage.

Both progressive and geico quoted me more. Insurance sucks and is a major ripoff.

Just to add to this...

I'm 25 and married and my 2 other cars are with allstate. Been with them for 9 years. No accidents and no tickets. Bike is an 09 and I have a loan out on it so I need to have full coverage. I also read some where that Louisiana has the highest insurance rates, so that's not helping my cause either.

 

[Bosgarage57]

Wow you guys r getting off very cheap, I thought I was here is mine (I know its cause my age)

Age: 22
Location: Tennessee
Driving Record: 0 accidents, 2 speeding tickets
Company: Farm Bureau (Progressive)
Discounts: MNone
Motorcycle: 2005 FZ6
Coverage: Comprehensive, liability, Collision ( $500 deductable)
Cost per month - $73.00
Cost per year $876.00

 

[Tailgate]

I'm sorry I did not mean to include collision :spank:
I It is $140/year for:
2006
Yamah

Still, consideraing your age, that's an incredibly low rate. Are you getting it on with "Flo" or something?