insurance

[triceptive]

What is the average cost of insuring a Spyder?

Thanks!

[Brogers57]

2014 RTS SE6 Full coverage with medical $810 a year with Foremost. Cheapest I found for myself.

[MikeinGA]

What is the average cost of insuring a Spyder?

Thanks!

I pay around $500.00 a year on my 2011 RS-S SE5, I had Foremost before and they were much high, with Nationwide I have a better plan for less.
You must shop around. I shop every year, times are tough they want your money. That's IMHO.


Mike

[IdahoMtnSpyder]

What is the average cost of insuring a Spyder?

Thanks!

Unfortunately, your question is almost as hard to answer meaningfully as would be to say what the average size of an afternoon billowy cloud is! This has been discussed before and the answers vary from $300 to $1300 per year, depending largely on where you live. Do a search on insurance. You'll find lot's of comments about prices paid.

I pay about $300/year for both the Spyder and an ATV.

[pitzerwm]

Unfortunately, your question is almost as hard to answer meaningfully as would be to say what the average size of an afternoon billowy cloud is! This has been discussed before and the answers vary from $300 to $1300 per year, depending largely on where you live. Do a search on insurance. You'll find lot's of comments about prices paid.

I pay about $300/year for both the Spyder and an ATV.

With who? What kind of coverage?

[IdahoMtnSpyder]

With who? What kind of coverage?

Straight from my policy page at Geico. Total annual premium for the Spyder is $248. My car insurance is with them also so I multi-vehicle discount.

For Others

The below coverages pay out to other parties if the accident is your fault.

Bodily Injury Liability ?
$34.00, $100,000 per person/$300,000 per occurrence

Pays if you are responsible for another person's injury or death in an auto accident. It also pays for your legal defense.



Property Damage Liability ?
$11.00, $50,000 per occurrence

Pays if you are responsible for damage to another person's property.




For You
The below coverages pay out to you and your passengers.
Uninsured Motorist Bodily Injury ?
$0.00, I Reject this Coverage

Pays for your injuries caused by a driver without insurance.



Underinsured Motorist ?
$26.00, $25,000 per person/$50,000 per occurrence

Pays for injuries caused by drivers who don't carry enough coverage to pay for the amount of damage they caused.

[Bandit]

Check with Markel. You just MIGHT be surprised!!

[jaherbst]

It is not so much what you pay for the insurance but what they pay you if an accident occurs or how much hassle it is settling with them. I pay more attention to the insurance company's rating than what the cost of the insurance is.

Maybe Bob can chime in here.

Jack

[ARtraveler]

Full coverage here. State Farm.

2014: 47.00 a month
2011: 43.00 a month

They always pay when I have a claim.

[Bob Denman]

There is no meaningful premium amount, that can be considered as "average".
Insurance rates are determined by a host of variables:
Age
Marital Status
Driving Experience
Driving Record
Credit Reports
Your Location
Your Vehicle
Your Selected Coverages...



Your best bet, is to contact an Independent Insurance Agent in your location, and have them shop around for you.

[Orange Spyder Man]

I carry 100/300 with $500 deductible using Geico... my yearly premium is $346 ..

osm

[Thebrainn]

There is no meaningful premium amount, that can be considered as "average".
Insurance rates are determined by a host of variables:
Age
Marital Status
Driving Experience
Driving Record
Credit Reports
Your Location
Your Vehicle
Your Selected Coverages...



Your best bet, is to contact an Independent Insurance Agent in your location, and have them shop around for you.

This is 100% correct and I will add that you need to shop around. Different insurance companies target different demographic categories. For instance, a married 40 something without kids (that would be me) might get the best rate from company X but company Y will give that best rate to people over 50 with children. Obviously your risk assessment (accidents, tickets, dui's, etc) will be a factor as well.

Just to add another person's experience to your data, I pay about $600 a year to insure an FZ1, Ninja 650R and an F3s for my wife and I. I have been with Progressive since 2006 and am a "diamond member" because of it which gets me things like free accessory coverage and accident forgiveness. Because of my profession, I carry a lot of coverage. Regardless of what you do, I suggest at least 100k/300k in uninsured/underinsured motorist coverage. This will require you to buy the same amount of bodily injury liability coverage, but having seen many people who were severely injured in accidents, you can only access as much money as there is to be had. Most people don't carry much coverage and when theirs runs out, the UM kicks in.

Good luck.

[MikeT]

+1 Well said. Good recommendation for minimum coverage. In today's society with all the Injury Lawyers advertising on TV and radio you can't be too careful. FWIW, I carry 500K/500K for $56.00/month with Dairyland on my '15RT Limited. In my area both Progressive and Geico were very high(nearly double). AARP/Foremost was my #2 choice. Just proves, once again, it's all about Location, Location, Location.

This is 100% correct and I will add that you need to shop around. Different insurance companies target different demographic categories. For instance, a married 40 something without kids (that would be me) might get the best rate from company X but company Y will give that best rate to people over 50 with children. Obviously your risk assessment (accidents, tickets, dui's, etc) will be a factor as well.

Just to add another person's experience to your data, I pay about $600 a year to insure an FZ1, Ninja 650R and an F3s for my wife and I. I have been with Progressive since 2006 and am a "diamond member" because of it which gets me things like free accessory coverage and accident forgiveness. Because of my profession, I carry a lot of coverage. Regardless of what you do, I suggest at least 100k/300k in uninsured/underinsured motorist coverage. This will require you to buy the same amount of bodily injury liability coverage, but having seen many people who were severely injured in accidents, you can only access as much money as there is to be had. Most people don't carry much coverage and when theirs runs out, the UM kicks in.

Good luck.

[BikerDoc]

What is the average cost of insuring a Spyder?

Thanks!

This is like asking what is the average cost of a Spyder? It depends on what level of coverage you choose, your driving record, and where you live.. There is no such thing as full coverage.. -- only different levels of coverage. You can always obtain more coverage if you are willing to pay more and get lower price if you are willing to lower your coverage limits

[Pennyrick]

What is the average cost of insuring a Spyder?

Thanks!

Depends on.....

City, State or Province
Driver's age
Driver's driving record and prior history
Amount of coverage
Year and model of Spyder
Estimated annual mileage to be driven
Stored indoors or out


Not to be critical but this is almost like asking how high is up?

[sduskin]

All are 2014's Insurance company is Progressive via Harley-Davidson insurance for residence in central Oklahoma.

[pitzerwm]

Straight from my policy page at Geico. Total annual premium for the Spyder is $248. My car insurance is with them also so I multi-vehicle discount.

That is a hell of a deal, I have more coverage limits, but I pay $800+, So I will be shopping next time. I'm still trying to sell my RSS, so I have that on top of the $800.

[13janice13]

What is the average cost of insuring a Spyder?

Thanks!

In Manitoba, Canada we pay $1,400. To cover 5 months of during time !! Some times the weather cooperates and we can ryde in April !! I have a great driving record and this is the high cost of having 5 million third party coverage. It is worth every penny to ryde my spider.

[ravseren]

I'm paying $374 for a year for full coverage on a 2012 RTS SE5 LTD. with Geico.
Seth

[WEB-WVR]

Keep in mind rates vary by; State; sex, age, type of Spyder, driving record, credit record, etc.

I had Progressive at 298.00 a year.

Just switched to Markel (I believe a subsidary of Daryland)...they specialize in recreatinal vehicles:
$215.00 a year, full coverage. Towing is an additional 15.00 but I am covered under the Spyder Warranty for towing for 36 months....when that runs out then I will add towing coverage.

I am happy with that !

[Deanna777]

I carry 100/300 with $500 deductible using Geico... my yearly premium is $346 ..

osm

I have a 2014RTS-SE6 my yearly premium is $489.00 Full Coverage, + Towing Labor Costs, discounts, clean driving record.

I have been with Geico for 4 years. Deanna

[beefybudds]

State Farm
41 years old
Minnesota
2014 Rts

Coverage Details	Premium
Coverage Details Liability - Bodily Injury / Property Damage $100,000 each person / $300,000 each accident / $100,000 each accident	Premium $37.18
Coverage Details Comprehensive Deductible $500	Premium $53.42
Coverage Details Collision Deductible $500	Premium $152.88
Coverage Details Uninsured Motor Vehicle $100,000 each person / $300,000 each accident	Premium $9.21
Coverage Details Underinsured Motor Vehicle $100,000 each person / $300,000 each accident	Premium $47.82
Auto Theft Prevention Surcharge	$1.00
Total Premium (total premium includes your discounts)	$301.51

[PaladinLV]

I pay $450.00/yr with GEICO.

AJ

What is the average cost of insuring a Spyder?

Thanks!

[satownsendsr]

What is the average cost of insuring a Spyder?

Thanks!

I pay just a scoesh over $500 a year for my 2014 RTL and trailer with Allstate . I Got Full Coverage On both. I have everything I have insured with them. I did check around to compare prices and Allstate was the best deal for me.

[Spyder ri]

I use Markel. I pay $189.00 per year for my 2012 RS