Insurance Cost

[Questions]

Hi guy's I just recieved my Spyder insurance bill from Progressive $900.00:gaah: What are you folks paying and with what company? I have a great driving record, the two wheeler was half this much.

Thanks

 

[RShrimp]

Yep, these things are expensive to insure. The reason is they are new. The insurance companies dont have any data on them yet so they are playing it "safe" ..... for themselves. Mine was not $900 (more like $500) but it was still about the same as I was paying for 2 bikes. It should come down in a year or 2. Make sure you ask them to rerate at renewal time (assuming you did not get any tickets)

 

[BRPjunkie]

Hi guy's I just recieved my Spyder insurance bill from Progressive $900.00:gaah: What are you folks paying and with what company? I have a great driving record, the two wheeler was half this much.

Thanks

Michigan resident, clean record and 61. AARP Foremost policy is $380/yr which includes the $104 MCCA tax.
Coverage:
Bodily Injury - $250,000/$500,000
Property Damage - $100,000
Uninsured motorist - $100,000/$300,000
Collision - $500 deductible
Comprehensive - $500 deductible
Optional Equip - up to $3,500 included
Roadside assistance/towing

 

[New Sharon Spyder]

52 YO Maine resident, paying $392 a year through Foremost for a 2010RT SM5. Was paying $277 for my 2008 RS M5, and went up $115 when I traded up to the RT.

 

[dave711]

I had progressive till I got the RT.... they were 989.......
Got Formost ... much better!!

Texas resident, clean record and 58 Foremost policy is $480/yr
Coverage:
Bodily Injury - $250,000/$500,000
Property Damage - $100,000
Uninsured motorist - $100,000/$300,000
Collision - $500 deductible
Comprehensive - $500 deductible
Custom Equip - up to $3,500 included
Roadside assistance/towing

 

[canam9]

I was told when you drive something that cost big money you pay big money. Dont want to skimp on this.:ani29:

 

[Texmac1011]

I have Progressive. It runs about $480/year for me.

 

[boborgera]

Foremost = FULL Coverage 384$ :thumbup:

 

[Tilty]

My wife and I have American Family we only pay 249.00 a year for each of our spyders. Full Coverage!! I guess i should'nt complain any more!

 

[bikeguy]

I'd have to dig the policy out to be exact but mine is virtually the same as dave711's.

Cotton

 

[patches]

I have allstate and have a very bad driving regard..no DUI or anything, just too many speeding tickets and I pay 864 a year.

 

[bone crusher]

I have Progressive. It runs about $480/year for me.

I have Geico but I think this about what I pay too...

 

[Rockytime]

Hi guy's I just recieved my Spyder insurance bill from Progressive $900.00:gaah: What are you folks paying and with what company? I have a great driving record, the two wheeler was half this much.

I paid Progressive $67 for my '93 Virago 1100, $95 for a 1982 Honda CM250 (go figure) and $634 for my 2010 RT-S. This is for 12 months. I do not understand insurance rates. The Honda (2800 miles) must be a classic collectors item. :>)
Les

 

[boborgera]

Hi guy's I just recieved my Spyder insurance bill from Progressive $900.00:gaah: What are you folks paying and with what company? I have a great driving record, the two wheeler was half this much.

I paid Progressive $67 for my '93 Virago 1100, $95 for a 1982 Honda CM250 (go figure) and $634 for my 2010 RT-S. This is for 12 months. I do not understand insurance rates. The Honda (2800 miles) must be a classic collectors item. :>)
Les

Easy to understand, Put all your two wheelers together they won't cost as much to replace as one trailer for the RT-S. will.

 

[wcc002]

Progressive policy

State: LA, also have car covered with Progressive
Liability To Others ($135)
-Bodily Injury Liability $15,000 each person/$30,000 each accident
-Property Damage Liability $25,000 each accident
Comprehensive $1,000 coverage ($61)
Collision $1,000 of coverage ($486)
Accessory Coverage $3,000 included ………………………………………………………………………………………………………………………………………………………..
Total 12 month policy premium for 2010 CAN-AM $682

 

[PCBeachBum]

With Allstate last year pay around $567. This year it dropped to $435.
60 year old, with no accidents or tickets.

Also have house and truck with Allstate. Wanted to put boat on but, was advised to keep it with Progressive.

 

[stormtrooper]

Have state farm $440 for the year full coverage.Have house 2 cars and 2 bikes maybe why a little cheaper.

 

[spydrn]

I pay less than 400 a year with progressive. But I also have 2 cars and a truck through USAA(which doesnt insure bikes). They sub-contracted it out..

 

[Questions]

Insurance

Thanks everyone for your response. I have quotes coming. Wish me luck

Ride Safe and Smile

 

[mxz600]

Foremost:
The Harley is 286.89 with 250.00 deductible for collision & 100.00 for comp.
The Spyder is 439.89 with 250.00 deductible for collision & 100.00 for comp.
Total: $726.78