Insurance renewal

[Sopher]

My insurance is up for renewal. Last year's quote for the NEW SM5 was $806 with 1000 ded and value of $15000.

What value are you 2008 model owners using for your renewals? They are still keeping it at $15k and premium is at $795

[mike3069]

I'm with Geico.

Last year was $462, renewal is $364.

Bodily Injury Liability 300/300k
Prop. Damage Liability 50k
Med. 2k
Uninsured Motorist 300/300k + Prop Damage 10k
comprehensive 1k deductible
collision 1k deductible


This includes two discounts:

Mature Rider:shocked: & Legacy Review:dontknow:

[Firefly]

I'm with Geico.

Last year was $462, renewal is $364.

Bodily Injury Liability 300/300k
Prop. Damage Liability 50k
Med. 2k
Uninsured Motorist 300/300k + Prop Damage 10k
comprehensive 1k deductible
collision 1k deductible


This includes two discounts:

Mature Rider:shocked: & Legacy Review:dontknow:

The lizzard doesn't sell bike insurance in Michigan.

Progressive wanted $1500 a year!

State Farm was around $750 for a year.

[Don in E Texas]

Foremost ---full coverage---- $416.00 for my first year.

don

[bjt]

I thought dltang told me that our insurance cost (through Marc Fisher at Foremost) went down this year also. :doorag:

[WackyDan]

$439 full coverage on 08 model... just got it last week through progressive and that is with a moving minor violation and a prayer for judgement speeding ticket. Both infractions fall off in Dec of this year.

Now... I did 500 ded, and minimum liability. - But I'll have to check again on the liability coverage.

[Sopher]

Geico does not insure in Mass. same for All State, NationWide etc.
Progressive just started, competitive and lower, but I read reviews of horrible service, only aftermartket parts (non available for our Spyders) and really bad reviews when filing a claim.

So I am going to stay with Commerce.

But what $$$ value do you use for the not new anymore 2008 model?

[zzneonzz]

My Insurance puts it full replacement cost for the first 2 years then it depreciates. I have State Farm at $716 every 6 months. :yikes:

Only place that was cheaper was Geico and the coverage wasn't as good. They wanted $1100 a year, Progessive wanted $2300 a year.

[effgjamis]

Foremost at $388.85 per year ( BI 50k/100k, PD 50K, medPay 5k, Collision and other than ACV less $250, optional equip, ($3,500), coverage, stolen at replace cost, Towing/roadside assis( reasonable expense) and trip interruption cov.

[Burt]

Foremost at $388.85 per year ( BI 50k/100k, PD 50K, medPay 5k, Collision and other than ACV less $250, optional equip, ($3,500), coverage, stolen at replace cost, Towing/roadside assis( reasonable expense) and trip interruption cov.

Allied $219.96 for 12 months. 500,000 liab 500 ded :thumbup:

[mjw930]

Not sure if they can write in Mass but they know the ins and outs of Spyder Insurance. http://www.bikersins.com/spyder_ryders.html

Another thing to check is how they have the Spyder rated. Allstate's default type is Sport Bike. I challenged that and got it rated as Sport Touring. That cut the quote in half from $600 / year to $280 / year with 250/500/100 and $500/$100 deductibles.

[DannyS]

I got Foremost at $342 a year full coverage 3500 for accessories and tow-in and roadside assistance. I have over 40 years on a bike with no accidents’ and no tickets. With different ages and times on a bike the rates are going to be all over the place. Your zip code also makes a diffrence.

[COOLMACHINE]

I have full coverage through State Farm in Missouri. $540 per year. I have an excellent driving record and have been with State Farm for 29 years.

[BLACK WIDOW]

My insurance is up for renewal. Last year's quote for the NEW SM5 was $806 with 1000 ded and value of $15000.

What value are you 2008 model owners using for your renewals? They are still keeping it at $15k and premium is at $795

Try foremost; Full coverage, low deducts, and uninsured motorist $388 for a year.:2thumbs:

[Sopher]

Try foremost; Full coverage, low deducts, and uninsured motorist $388 for a year.:2thumbs:



They dont offer in Mass. Our state insurance commisioner is a B%tch. Very high rates and lousy competition.

[bone crusher]

They dont offer in Mass. Our state insurance commisioner is a B%tch. Very high rates and lousy competition.

you live in a socialist state, like me in MD...

[manchild]

I just got my spyder in march. Check out.. US Insurance Services..online or call 800-874-1738. I have full coverage..50k/100k/25k 250 ded.. 230.30 a year.:2thumbs:

[Roaddog2]

The Lizard for us, $600 and change for her Spyder and my RoadGlide. If I was as old as Roaddog, I'd get AARP insurance:2thumbs::agree::ani29:

[spyderleg]

Not sure if they can write in Mass but they know the ins and outs of Spyder Insurance. http://www.bikersins.com/spyder_ryders.html

Another thing to check is how they have the Spyder rated. Allstate's default type is Sport Bike. I challenged that and got it rated as Sport Touring. That cut the quote in half from $600 / year to $280 / year with 250/500/100 and $500/$100 deductibles.

Went to this site filled out the quote request. Requested 25,000/50,000, 20,000, 25,000/50,000, 25,000/50,000, 20,000. Received quote of $195.00 per year! nojoke Better than half off the lizard. Called this evening to confirm and looks correct official quote will be in mail tomorrow. Looks like a Hindle is in the near future. :yes:

[irish2themax]

you live in a socialist state, like me in MD...

Give the government time...we'll ALL be in Socialist states

[Tom in NM]

I'm with Geico.

Last year was $462, renewal is $364.

Bodily Injury Liability 300/300k
Prop. Damage Liability 50k
Med. 2k
Uninsured Motorist 300/300k + Prop Damage 10k
comprehensive 1k deductible
collision 1k deductible

This includes two discounts: Mature Rider:shocked: & Legacy Review:dontknow:

I am with Geico too, very similar.
My new 2008 SE5 is $452/year.
Bodily Injury Liability 300/300k
Prop. Damage Liability 100k
Uninsured Motorist 300/300k + Prop Damage 15k
comprehensive 500 deductible
collision 500 deductible

Besides Mike's discounts, I also have MSF Course, Multi-cycle.
Some less expensive options were unavailable to me in order to meet requirements for other policies I carry with Geico.

Tom

[Sopher]

Renewal update:

Since my town excise bill came in with a value of $9000, the insurance company was abel to take that value and lower my premium.

Not exactly sure of all the ramifications, good or bad. They would have used $15k as the value for a used bike.

My premium was 795, now it is $564.

I guess if push came to shove, in a totaled claim, I would force them to use the NADA highest value of $12k. Or maybe not. ?

[smokster]

The lizzard doesn't sell bike insurance in Michigan.

Progressive wanted $1500 a year!

State Farm was around $750 for a year.
State Farm in CA 580.00/yr