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!![]()
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.:dontknow:
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...
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 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 .....
Congrats, and shame on you others, you know who you are.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.