insurance - Motorcycle-Journal Forums

catch2otwo · 04-23-2005, 08:40 PM

just wondering what everyone is paying for insurance, what is your age, riding experience and your location and provider? Especially interested in the riders from MA

mikesvsix50 · 04-24-2005, 01:33 AM

Hey, here's my stat's and scenario: I'm 19yrs. old from chicago, I've no traffic violations, my truck is insured with State Farm, and now my bike is insured w/ full coverage with state farm for almost exactly 100 dollars a month. Which statled me when he told me the monthly premium, because I pay $90/mo. for my 93 4x4 for just comprehensive. State farm will hook you up if you are a good driver. The catch 22 is this...the only way they'll insure a bike is if you have an auto insured with them as well. The longer you've been insured with them, the cheaper the rate. It would have been nearly $250 a month if I hadn't been previously insurered with them.

hrglas · 04-24-2005, 07:40 AM

in addition, think about where you keep the bike at night. im in the chicago area as well, and before i even got to giving them my personal and bike info, they wanted to know if it was going to be kept in a garage, or some other type of shelter. insurance companies see motorcycles as a far bigger risk to insurance for theft, and of course accident reasons. insurance basics (good driving record, married, over 25).

other than that, just know its probably a lot cheaper to pay a few extra bucks and have it covered in the event of theft or accident, then not having it all.

Crazy1ear · 04-24-2005, 01:59 PM

I live in Newfoundland, Canada, have been driving bike for 19 years (35 years old) and full coverage on my '02 750 Katana cost me $540 Cdn. (and as soon as the snow hit, I switched coverage to my sled and got back $25).

For liability it's $86 Cdn. per year.

**inspiron** · 04-24-2005, 03:32 PM

As I've posted elsewhere ...

Switzerland ... 40 years old ... clean driving record ... liability about CHF 255 / year (about the same in Candian $) ... full coverage including my bike, luggage and gear = CHF 1050 per year with a CHF 1'000 deductable.

catch2otwo · 04-24-2005, 06:44 PM

what about the guys in MA, im having a hard time finding something in MA all the big insurance companies seem not to provide for MA

md2lgyk · 04-25-2005, 05:03 PM

West Virginia here. I'm 57, no accidents or tickets in 35 years, riding an '03 Marauder 800. I pay $231 a year for full coverage from Markel (www.bikeline-com).

rmcelroy · 04-27-2005, 08:42 AM

I am 21, with several tickets, and a sports bike...

I had problems even finding a company that would be WILLING to insure me. I sure as hell cant afford full coverage...

but I was finally able to find a company that would insure me and I am paying 200 bucks a year, liability.

naskie18 · 04-27-2005, 10:19 AM

$207 a year or something like that, for liability.

'95 Katana 750. Haven't had a ticket in about 3 years, back when I was young and stupid.

jaydog19833 · 04-27-2005, 10:31 AM

I'm 21, pretty clean record and i pay about 1,000 a year full coverage with 1,000 deductible. It not a great rate but it's the best one I could get.

04-23-2005, 08:40 PM	#1 (permalink)
catch2otwo Newbie Joined: Apr 2005 Posts: 10	insurance just wondering what everyone is paying for insurance, what is your age, riding experience and your location and provider? Especially interested in the riders from MA

04-24-2005, 07:40 AM	#3 (permalink)
hrglas In Training Joined: Apr 2005 Bike: 2005 GSX-R 600 (Yellow/Blue) Location: Rolling Meadows, IL Posts: 108	in addition, think about where you keep the bike at night. im in the chicago area as well, and before i even got to giving them my personal and bike info, they wanted to know if it was going to be kept in a garage, or some other type of shelter. insurance companies see motorcycles as a far bigger risk to insurance for theft, and of course accident reasons. insurance basics (good driving record, married, over 25). other than that, just know its probably a lot cheaper to pay a few extra bucks and have it covered in the event of theft or accident, then not having it all. __________________ "Joker's Wild"

04-24-2005, 01:59 PM	#4 (permalink)
Crazy1ear Seat Tester Joined: May 2004 Location: Newfoundland Posts: 61	I live in Newfoundland, Canada, have been driving bike for 19 years (35 years old) and full coverage on my '02 750 Katana cost me $540 Cdn. (and as soon as the snow hit, I switched coverage to my sled and got back $25). For liability it's $86 Cdn. per year. __________________ Crazy

04-24-2005, 03:32 PM	#5 (permalink)
inspiron Muscle Biker Joined: Jul 2004 Bike: Blue Suzuki GSX 1400 (2003) Location: Canton Basel-Land, Switzerland (47.4493, 7.76536) Posts: 12,070	As I've posted elsewhere ... Switzerland ... 40 years old ... clean driving record ... liability about CHF 255 / year (about the same in Candian $) ... full coverage including my bike, luggage and gear = CHF 1050 per year with a CHF 1'000 deductable. __________________ There is nothing worse than aggressive stupidity. - Johann Wolfgang von Goethe blog: gsx1400

04-25-2005, 05:03 PM	#7 (permalink)
md2lgyk Wants Better Weather Joined: May 2004 Bike: '03 Marauder 800 Location: Harpers Ferry, WV Posts: 665	West Virginia here. I'm 57, no accidents or tickets in 35 years, riding an '03 Marauder 800. I pay $231 a year for full coverage from Markel (www.bikeline-com). __________________ "The great object is, that every man be armed. Everyone who is able may have a gun." - Thomas Jefferson

04-24-2005, 01:33 AM	#2 (permalink)
mikesvsix50 Kickstand Operator Joined: Apr 2005 Bike: 2005 SV650Somewhat Location: Skokie, IL Posts: 285	Hey, here's my stat's and scenario: I'm 19yrs. old from chicago, I've no traffic violations, my truck is insured with State Farm, and now my bike is insured w/ full coverage with state farm for almost exactly 100 dollars a month. Which statled me when he told me the monthly premium, because I pay $90/mo. for my 93 4x4 for just comprehensive. State farm will hook you up if you are a good driver. The catch 22 is this...the only way they'll insure a bike is if you have an auto insured with them as well. The longer you've been insured with them, the cheaper the rate. It would have been nearly $250 a month if I hadn't been previously insurered with them.

04-24-2005, 06:44 PM	#6 (permalink)
catch2otwo Newbie Joined: Apr 2005 Posts: 10	what about the guys in MA, im having a hard time finding something in MA all the big insurance companies seem not to provide for MA

04-27-2005, 08:42 AM	#8 (permalink)
rmcelroy In Training Joined: Apr 2005 Bike: '04 Honda CBR 1000RR Location: Alabama Posts: 139	I am 21, with several tickets, and a sports bike... I had problems even finding a company that would be WILLING to insure me. I sure as hell cant afford full coverage... but I was finally able to find a company that would insure me and I am paying 200 bucks a year, liability.

04-27-2005, 10:19 AM	#9 (permalink)
naskie18 Seat Tester Joined: Apr 2005 Bike: 1995 Katana 750 Location: Clarkston, MI Posts: 63	$207 a year or something like that, for liability. '95 Katana 750. Haven't had a ticket in about 3 years, back when I was young and stupid. __________________ Nick www.naskie18.com AIM: Naskie182010

04-27-2005, 10:31 AM	#10 (permalink)
jaydog19833 U.B's LoveChild Joined: Jun 2004 Bike: 04 GSXR 600 Location: Lake George, NY Posts: 1,288	I'm 21, pretty clean record and i pay about 1,000 a year full coverage with 1,000 deductible. It not a great rate but it's the best one I could get. __________________ Anyone can fire a bullet. Only the good ones can steer one. Bend your elbow, move your arse, and stick the knee out.

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