insurance rates

[brutus450]

I know this has been talked about forever but I thought i would just share that i go tmy new insurance bill from progressive. this is the first bike I ever had

first year was 480
second year was 450
just got my renewal for 225! cut in half!

[boborgera]

I know this has been talked about forever but I thought i would just share that i go tmy new insurance bill from progressive. this is the first bike I ever had

first year was 480
second year was 450
just got my renewal for 225! cut in half!

I would call them and ask if they made a mistake on the renewal
.

[BikerDoc]

Especially look to see if they dropped part of your coverage.. i.e. that the price is apples to apples....

[brutus450]

nope....all the same coverage!

they told me it would go down after 2 years experience

[Havasu Rider]

Beware! Progressive has been known for this type of scam. Check you coverage and make sure you are getting everything you were in the past. Also, make sure your deductibles are the same.

[LDFIREWORKS]

something smells fishy c y a program

[brutus450]

SCAM???? REALLY???? One one the leading insurance companies LOWERS my rates after 2 years of experience, keeps the same coverage and deductible and this is a scam? damn I feel cheated. Someone with w perfect record, excell credit, no tickets or accidents gets a great rate and has to get bashed and questioned becuase once again like every other positive post on this sight gets rediculed because no one likes to talk about anything positive or feel good about someone elses positive attitude.

wow................I think I smell fish right here on this site

[dancogan]

Beware! Progressive has been known for this type of scam. Check you coverage and make sure you are getting everything you were in the past. Also, make sure your deductibles are the same.

I've never heard this before. I've been with Progressive for 6 years on bikes and about 9 years on our motor home. In the motor home area they are famous for great customer service.

[fastfraser]

Wish mine would go down .Same Co. for 3 years and still pay 900. It was hard to find an insurance Co. that would insure a motorcycle for under a 1,000 .

[Bob Denman]

Please do me a favor and check one thing on your policy... Is the renewal for a year... or just six months? Companies are switching to six month policies so that if they file for and receive a rate increase they can pass it on to the consumer quicker...

[pjp623]

Please do me a favor and check one thing on your policy... Is the renewal for a year... or just six months? Companies are switching to six month policies so that if they file for and receive a rate increase they can pass it on to the consumer quicker...

And keep in mind that many here are just looking out for YOUR best intrests and not being negative.

[Bob Denman]

I sell this crap so maybe I'm just a bit more aware of some of the little things that might be missed by someone who's not looking at policies 5 days a week...

[RShrimp]

I just got a notice from progressive that my rate would drop too.
I think it is not because of your experience but because of Progressives experience with the the Spyder. It takes a couple of years to create the statistics they use to rate individual vehicles.
It is not that a Spyder is cheap to insure. I sold 2 bikes to buy a Spyder. My insurance was about the same for the Spyder as it was for both bikes.
When it goes down it will be about the same as one of the bikes (Both cruisers not sport bikes)
(Yes Insurance Companies Cover their own Arses) They will rate something new as high risk until they have stats (which take a couple years) Stats come in and Spyder gets risk reduction.

Seems pretty straight forward to me .....

[Gordy]

manitoba rural 1600.00 for 5 months, 2010 rts

[Bob Denman]

American Modern Home Insurance... $540 for a year's worth of coverage for full coverage on my RT A&C
100/300/100 liability
Comp and Collison deductibles at $250

[Sarge707]

I just got a notice from progressive that my rate would drop too.
I think it is not because of your experience but because of Progressives experience with the the Spyder. It takes a couple of years to create the statistics they use to rate individual vehicles.
It is not that a Spyder is cheap to insure. I sold 2 bikes to buy a Spyder. My insurance was about the same for the Spyder as it was for both bikes.
When it goes down it will be about the same as one of the bikes (Both cruisers not sport bikes)
(Yes Insurance Companies Cover their own Arses) They will rate something new as high risk until they have stats (which take a couple years) Stats come in and Spyder gets risk reduction.

Seems pretty straight forward to me .....

My foremost went from $480 the 1st year to $400 which I just paid.
I hope the trend continues?

[bruiser]

I have Foremost as well. State Farm would not even consider me. I had been with them 40 years. Now I'm with another company due to State Farms games with homeowners insurance.

[SpyderWolf]

I know this has been talked about forever but I thought i would just share that i go tmy new insurance bill from progressive. this is the first bike I ever had

first year was 480
second year was 450
just got my renewal for 225! cut in half!

I just got a notice from progressive that my rate would drop too.
I think it is not because of your experience but because of Progressives experience with the the Spyder. It takes a couple of years to create the statistics they use to rate individual vehicles.
It is not that a Spyder is cheap to insure. I sold 2 bikes to buy a Spyder. My insurance was about the same for the Spyder as it was for both bikes.
When it goes down it will be about the same as one of the bikes (Both cruisers not sport bikes)
(Yes Insurance Companies Cover their own Arses) They will rate something new as high risk until they have stats (which take a couple years) Stats come in and Spyder gets risk reduction.

Seems pretty straight forward to me .....

I just paid my second year premiums for both Spyders a month ago. My rates were a little cheaper, even with the addition of road side assistance for this year. I am hoping they keep going down as well. It cost me just under a grand to insure both Spyders.

[Campverdefela]

SCAM???? REALLY???? One one the leading insurance companies LOWERS my rates after 2 years of experience, keeps the same coverage and deductible and this is a scam? damn I feel cheated. Someone with w perfect record, excell credit, no tickets or accidents gets a great rate and has to get bashed and questioned becuase once again like every other positive post on this sight gets rediculed because no one likes to talk about anything positive or feel good about someone elses positive attitude.

wow................I think I smell fish right here on this site

Congrats, and shame on you others, you know who you are.

[wyliec]

Congrats, and shame on you others, you know who you are.

Someone always has to rain on someone elses parade.

[Bob Denman]

I think that maybe we're all just a bit gun-shy about what we see when the envelope for our insurance shows up... There's no doubt that our Spyders are too new for the companies to have sorted out what the loss frequency and severity rates will be...
When Brutus posted that his rate was cut in half, we probably all thought, "Why the heck can't MY company do that??"
Maybe someday they will...

[Campverdefela]

What you pay for insurance is based on a lot of factors, location, driving record, credit record, whether you bundel them or not with other policies, etc. One cannot base what they pay with someone else.

[SpyderWolf]

What you pay for insurance is based on a lot of factors, location, driving record, credit record, whether you bundel them or not with other policies, etc. One cannot base what they pay with someone else.

Very true, but if one owner posts that certain company is lowering their rates on his Spyder, then others of us who are with that same company can surely hope the same thing happens to us.

[Campverdefela]

Very true, but if one owner posts that certain company is lowering their rates on his Spyder, then others of us who are with that same company can surely hope the same thing happens to us.

Usually when a insurance co.lowers a rate its location specific such as a particular state, I know because it just happen to me but in reverse.

[SSG Bean]

I also have Progressive and it was greatly reduced this month. Same exact policy I've had for the last two years, but about half the price.