Insurance cost for sport bikes

[conrad]

Originally Posted by VIKING

I get payed $2500 every two weeks

If you don't mind my asking, what is your line of work making $65,000/yr and only 18 years old?

[tricker]

Originally Posted by conrad

If you don't mind my asking, what is your line of work making $65,000/yr and only 18 years old?

I feel it coming on... i can't stop.... ahhhhhhhh

[Rockhead]

Damn also cant keep quiet

[JmalB]

I'm surprised nobody jumped all over this statement

Originally Posted by VIKING

no I am not married she just lives with me and takes my money LOL
and she does not want to ride on the back of a sport bike she rode on the back of my dirt bike and I did a wheele going down the rode and she got scared to death and that is why she does not want me to get a sport bike because wheeles are what I like the best about sport bikes
and thanks again for all the help

Get a C50T for you and your money pit... errr girlfriend.

[baltimorebayside]

Let's see, I have full covereage on my 96 pickup, 2007 Equinox, 2005 Civic, 1992 750 Nighthawk and comprehensive on a 91 Old's wagon and pay $1,800. per year.
GEICO...also have 100,000 mile warranty thru GEICO on my Equinox...GEICO is the only insurnace company that provides that and it cost about $60 per year..included in the above total....

Been with Geico since I was 16, now I'm 52....that's 36 freaking years and no accidents!!!! and only two tickets!!!

dan

[VIKING]

Originally Posted by conrad

If you don't mind my asking, what is your line of work making $65,000/yr and only 18 years old?

I run an oil drilling rig with 4 crew members that work for me
and it is not that much I should get more

[VIKING]

Originally Posted by JmalB

I'm surprised nobody jumped all over this statement




Get a C50T for you and your money pit... errr girlfriend.

you got that right she is a money pit

[mflueras]

My business takes me all the way down south towards Texarkana, El Dorado, Camden, Magnolia and I can second the fact that oil rig workers do make pretty good wages. Dangerous work, though. Really demanding. I hope you last being only 18...

[VIKING]

Originally Posted by mflueras

My business takes me all the way down south towards Texarkana, El Dorado, Camden, Magnolia and I can second the fact that oil rig workers do make pretty good wages. Dangerous work, though. Really demanding. I hope you last being only 18...

yes it is dangerous my brother in law hit me in the hip with a 40lb hamer and broke my hip in two places it hurts every day but he don't work for me anymore

[tricker]

errr... i sit around on here wearing a white lab coat and smurf colored gloves? I'll stick with my job

[johns]

Originally Posted by JmalB

I'm surprised nobody jumped all over this statement




Get a C50T for you and your money pit... errr girlfriend.

no I am not married she just lives with me and takes my money LOL
and she does not want to ride on the back of a sport bike she rode on the back of my dirt bike and I did a wheele going down the rode and she got scared to death and that is why she does not want me to get a sport bike because wheeles are what I like the best about sport bikes
and thanks again for all the help

ok any time

[Rickster]

Hey VIKING welcome to the forum.

Depending on your driving record, weather or not you took a motorcycle safety training course, and weather or not you want full coverage, will make your insurance premiums vary a lot. I know of a couple of younger riders that chose to ride with no insurance at all, because the cost of one years full coverage was more than the cost of the bike.

So what you really love about Sport bikes is doing wheelies. What's the longest wheelie you've ever done?
Do you just pop the front tire up off the ground, than set it down right away, or are you one of those riders ya sometimes see on the highway that can ride a wheelie clean out of sight?

[jsvickers]

The cost of your insurance varies a lot with how much coverage you need. If you are financing the bike, the bank will require full coverage. If you are not financing the bike, then you'll have to decide what price vs risk you want to assume.

In my opinion, if you are buying a bike that costs less than $10K, it's not worth the money to pay over $1000 a year in insurance for full coverage for more than a year or two (personally, I'd pay cash for the bike and just carry liability, but that's me).

Buying a $20,000 Harley is another story.

If you are getting quotes of more than $1500 a year for full coverage on a CBR or GSX-R, I'd recommend saving your money for a bit and paying cash for a used bike and just carrying liability.

For the record, the main types of coverage I'm referring to when I say 'full coverage' are Comprehensive, Collision, and Liability. Comprehensive and Collision only cover damage done to your bike if you cause an accident or if the bike damaged or lost in some other way (theft, vandalism, etc). The most money you will ever get from the insurance company in a claim against your comprehensive or collision policies is the *current* value of your bike, which goes down every year. However, even though the amount of money they will pay you goes down by a significant amount every year, your premiums rarely do.

If you own the bike and you are paying for comprehensive and collision, you should evaluate how much it is costing you every year compared to the price of the bike. At some point, as the bike ages, I think comprehensive and collision should be dropped.

Liability, on the other hand, kicks in if you cause an accident that harms other people or property. If you cause an accident, you can potentially be sued for tens of thousands of dollars or more and liability insurance will cover that. It's always a good idea to carry liability.

[VIKING]

Originally Posted by Rickster

Hey VIKING welcome to the forum.

Depending on your driving record, weather or not you took a motorcycle safety training course, and weather or not you want full coverage, will make your insurance premiums vary a lot. I know of a couple of younger riders that chose to ride with no insurance at all, because the cost of one years full coverage was more than the cost of the bike.

So what you really love about Sport bikes is doing wheelies. What's the longest wheelie you've ever done?
Do you just pop the front tire up off the ground, than set it down right away, or are you one of those riders ya sometimes see on the highway that can ride a wheelie clean out of sight?

I can ride a wheelie as far as I want I rode a wheelie on my friends CBR400RR
for 6 miles at 80MPH on I-30 with him following me in his truck

[VIKING]

I started out 6 years old poping up the front wheel on a yamaha RT100 I did this for about a month then I got to the point that I was shifting one or two gears and just got better and better know I get on my CR500 motocross bike and burn up and down the street on a wheelie going as fast or as slow as I want well 65MPH that is as fast as my bike will go with the sprockets I have on it

[Rickster]

Originally Posted by VIKING

I can ride a wheelie as far as I want I rode a wheelie on my friends CBR400RR
for 6 miles at 80MPH on I-30 with him following me in his truck

Why in the world would you concern yourself with insurance? Someone with your kind of skill & nerve, certainly could never have an accident. My advice is to use the insurance money to buy some video equipment, than have your buddies film all your street stunts. Who knows, you could be the next Evil knievel.

[VIKING]

Originally Posted by Rickster

Why in the world would you concern yourself with insurance? Someone with your kind of skill & nerve, certainly could never have an accident. My advice is to use the insurance money to buy some video equipment, than have your buddies film all your street stunts. Who knows, you could be the next Evil knievel.

if I get pulled over they will take my bike away my friend has some videos of my doing wheelies and stopies and I think he has a video of me doing a highchair burnout and redline wheelie I can take some videos of me doing wheelies on my motocross bike

[Rickster]

Originally Posted by VIKING

if I get pulled over they will take my bike away my friend has some videos of my doing wheelies and stopies and I think he has a video of me doing a highchair burnout and redline wheelie I can take some videos of me doing wheelies on my motocross bike

Aw-come on, the cops couldn't hope to catch a rider of your skill.

Anyway, why don't you just use the insurance you currently have?

[VIKING]

Originally Posted by Rickster

Aw-come on, the cops couldn't hope to catch a rider of your skill.

Anyway, why don't you just use the insurance you currently have?

you can out run the cop car but you can't out run the cop radio they will just have two more cop cars waiting down the road for you

and it cost to much to insure with my insurance company

also this is a good place to get info everyone has been very helpful and friendly thanks

[Rickster]

If your referring to me, I hate to bust your bubble, but I haven't been being friendly. I was hoping that by encouraging you, you would have a chance to read what you were writing and see the picture you were painting of yourself.

This isn't a forum where stunting & breaking the law is encouraged.

Riding a wheelie for 6 miles on a public highway, and claiming that cops are easy to out run, is not the kind of thing you will be getting hi fives for on this forum. It's irresponsible, illegal, dangerous, and just downright stupid.

The general public already has a dim enough view of motorcycles, we as a group certainly don't need to be going out of our way to make that image worse. Stunt riding, splitting lanes, and obnoxiously loud pipes are the three most common complaints the general public sites when they start writing letters to there State law makers.

Giving them more fuel for the fire is the way things get started like what is going on down in Florida right now. The current purposed law will give Leo's the right to arrest the rider, impound the bike, and confiscate the DL of any rider caught doing a wheelie, or any stunt for that matter, plus, if convicted, the rider looses his DL for 10 years. If passed down there, it would only be a matter of time before other states started passing similar laws.

If you think this kind of law can't trickle down to you, your just fooling yourself. Let me lay out a scenario for you.

Your out for a nice Sunday afternoon ride on your nice shinny white Road King, You notice there is a cop car following you, you arn't doing anything wrong, so when the lights and siren come on you think he must have gotten a call, and you pull over to let him pass. What you don't know, is that this particular cop just lost his girlfriend to another guy, and the only thing he knows about him, is that he rides a white Road King. The cop, not knowing anything about motorcycles, claims he stopped you because of the mile long wheelie he saw you doing. Even if you wind up beating the charge, you still get arrested, and your bike gets towed.

We, as a group need to start being more responsible. There is a time and place for everything, the place for stunt riding is not on public roads.

If as you said earlier, your only interest in getting a sport bike is to do wheelies, than my advice to you is to do what your girlfriend wants, and buy the Harley.