Insurance

[stmike 1800]

It is insurance time again,and i am shopping around .One company called today to say they need more time because the RT is to new and not on there books yet. The RT has been out since 2009 and still that new .The prices i have got from other company"s are very pricey .

[ARtraveler]

Not on the books because its to new...find another insurance company....PLEASE. I would predict bad claim service with a company like that.

[RICZ]

Assuming your location "on" is Ontario, be very glad you do not live in BC. They have no choice but to insure with a governed monopoly that behaves in the worst ways. an insurance nightmare.

[jbim]

If you are in ON as in Ontario, try Riders Plus, they quote from Intact and Echelon. I pay 1500$ per year for my 2018 F3L. That is a bit more than my previous bike a BMW R1200R. Good luck

[JeffandLori]

What the heck... I bought a brand new 2018 and added it to my vehicles. $260.00 us per year.

[stmike 1800]

What the heck... I bought a brand new 2018 and added it to my vehicles. $260.00 us per year.

I wish .

[h0gr1der]

Just went through this in the SE USA. Markel Bikeline wanted $590 (U.S.) annually, Dairyland won out at $352 (U.S.) annually with twice the coverage limits.

[Eckhard]

if in Ontario, Canada, try Desjardins insurance.

[bcer960]

Haven't insured yet this year, waiting till Sat. but last year, here in B.C. it was over $1400.00 for 6 months insurance and 12 months storage..... yep we get totally screwed here. AND prices went up 6.1% April 1/19

[Lew L]

+1 for Dairyland Had them for a looooong time---- no claims though.

Lew L

[Chefex]

Don't know about where you live, but I go thru Geico, 2 new 2018 spyders, RT and F3 Limited. Fully covered $26 per month total for both.

[Wahrsuul]

That's good news for me. I haven't checked on insurance as yet, but I've been with GEICO since 1990.

[bushrat]

Insurance rates in Ontario, for Spyders, are outrageously high, especially in comparison to the US rates I see being charged. Just renewed my Co-operators policy - $1,000 annually for my 2018 RAM 1500 pickup; $1300+ for my 2017 F3L Spyder. The truck is more valuable than the bike. What is interesting (and curious) is to break down the coverage into the various elements, then compare the costs for each. My policy provides $2 million public liability and property damage, replacement cost of both vehicles subject to $500 deductible, plus the usual standard income loss and medical coverage. It costs more (on my policy) to buy the $2 million PL/PD for the truck than for the comparable coverage on the Spyder. This occurs, presumably, because the insurer's underwriting actuary figures the truck is larger and more powerful, thus will probably cause greater damage to others if I'm ever involved in an accident; the Spyder, being lighter/smaller will probably cause less. How else to explain? When it comes to the collision/comprehensive loss portion of the policy as it applies to each vehicle, the truck is far more valuable (not quite double) than the Spyder, but costs much less to insure. That can only logically be because the actuary assumes the truck is going to be less frequently or less fully damaged than the Spyder. Again, how else could it be? Neither assumption, though, is iron clad. But, it is the same driver; same roads; same area. Truck usage is estimated to be 2-1/2 times greater than the Spyder (13,000 mi. vs. 5000 mi driven). Seems logical to most folks that the truck provides the greater risk, while the Spyder is assessed the higher premium. Go figure.... Does anyone really understand the intricacies and variables of an insurance underwriter's mind??? Oh yeah, should add that these rates are for an accident-free driver, claims-free, no demerit points and include multi-vehicle discount, senior's discount, etc., etc.; supposedly best rates available, but certainly not cheap!!!

[stmike 1800]

They still have not got back to me ,insurance is a licence to steal .

[teninospyder]

Seattle, WA area - 2014 RTL - Safeco - full coverage $291 per year.

[stmike 1800]

They did get back to me ,$1600 .I will keep on looking.

[WisconsinDavid]

I've had Progressive Insurance for about 10 years on my cycles. My rate for the 2010 RS is 280 per year. Over time my disappearing deductibles have dropped to 0. I'm glad I don't live where to ride a 2 or 3 wheeler costs over 1000 a year for insurance. USA USA