What are you paying for insurance? Who are you insured with?

[ndspyderlover]

Hello,

Yet, another insurance question. I just got a 2020 Spyder RT. It was a zero mile left over unit from last year. Went to get insurance from Allstate and I went from 2015 Honda Shadow phantom 300,000 bells and whistles gold coverage of 200 dollars to $800 for the Spyder. Holysh&t! That is more than my 2017 Ford Fusion. Looking at Dairyland. How are they? I have already priced it. Want to know IF they are a hassle IF you need them? Experiences, etc. please.

I'm sorry, but I don't ride all year long. As a matter of fact I only put 2600 miles on the bike from Dec 17 to about two weeks ago. I mainly commute. I live in Southern Illinois so riding year'round won't work anyway.

Thanks.

Steve

try Geico. that is who I have

 

[fredgal]

yep,,, my new tacoma is like 325.00 a yr... im 63, own our house, bla bla bla..lol..

Policy changes effective March 26, 2021
………………………………………………………………………………………………………………………………………………………..
Changes requested on: Mar 26, 2021 05:44 a.m.
………………………………………………………………………………………………………………………………………………………..
Requested by: Fred..... Gall.....
………………………………………………………………………………………………………………………………………………………..
Premium change: $111.15
………………………………………………………………………………………………………………………………………………………..
Changes: The 2020 CAN-AM SPYDER F3 has been added.
The Multi-Vehicle discount has been removed from your policy.
A Multi-Vehicle discount has been added to your policy.

 

[K80Shooter]

Never mind.

 

[RykerRider1959]

I have been with State Farm for 47 years...When I got my quote for the new Ryker ($460.00) I decided to call Geico...181.00 for 12 months if I pay in full...I called the S.F. Agent back and told her what the differance in the premiums was...She could care less that I was going with Geico...So Much for loyalty...

 

[vito1943]

I had Progressive for the coverage on my 2016 Honda Goldwing. When I traded in the Goldwing for a new 2021 RT, my insurance dropped by $36 for the year. What is also weird about motorcycle insurance is that some companies will give a multi bike discount that is greater than the cost of insuring the second bike. When I added a 2019 Honda PCX scooter to my policy on the Goldwing back in 2019, my annual bill went down $12 rather than up for covering a second bike. Strange but fine with me.

In the past when I have done comparison shopping, Progressive, Dairyland and Geico were all pretty close in price.

 

[ndspyderlover]

Geico 250 for the year. Full coverage the same I carry on my Q7.

i also have GEICO and i pay 12$ per mo for full coverage. 12x12= 144$ per year.

 

[Chasdog]

I have progressive for the 2019 Spyder rt limited and it was $100. However I insure 3 other bikes as well as my truck with them. 25/50/15 with 250 deductible on collision and comprehensive.

 

[RickWB]

$800 Cdn for 6 months. I got $2 million liability, collision and comprehensive. I insured for replacement cost.

 

[bigbadbrucie]

$800 Cdn for 6 months. I got $2 million liability, collision and comprehensive. I insured for replacement cost.

Beacon for the physical damage? or all ICBC?

 

[Fatcycledaddy]

Markel was lowest price for me in WI. Full coverage with 500 deductible is a little over 300 per year for a 2020 RT

Same with me with Markel

 

[Schreckftw]

State Farm for me. I have full coverage. Body Injury, Property Damage, Comprehensive, Collision, and Uninsured Motorist. I pay 29.03 a month for that. During the winter months I will take it way down to around $6 a month. The rest is covered by home owners while its in the garage for those couple of months I am not riding. I do carry a $500 deductible however on that.

 

[RickWB]

Brucie: All ICBC. I had Beacon when I had my Suzuki SV650, but it was higher than ICBC with the Spyder. I am going to look into Westland Insurance for the Spyder when I renew. I have Westland for our truck camper and house - very competitive rates.

 

[bigbadbrucie]

Brucie: All ICBC. I had Beacon when I had my Suzuki SV650, but it was higher than ICBC with the Spyder. I am going to look into Westland Insurance for the Spyder when I renew. I have Westland for our truck camper and house - very competitive rates.

Really! When I renewed in April, Beacon was cheaper...just use ICBC for the basic...including UMP. I’ll check again next renewal.

 

[Deanna777]

i also have GEICO and i pay 12$ per mo for full coverage. 12x12= 144$ per year.

I also have GEICO and I pay $408.14 twelve month premium, I also have full coverage, plus I have the hightest Limits and /or deductibles, $500.00 Deductible $ 500.00 Collision, towing & labor costs, also i have all the discounts that they offer, except taking the motorcycle instructor coarse( I am not taking that).

Also the State of Vermont law requires that the property damage be included as part of your Uninsured an Underinsured Motorists coverage( UM& UND). I also have fee for lay-up/storage ( when I am not riding during the winter months, from Oct. to April). But the comp stays on. I have been with GEICO since 2012.


Deanna

 

[bcer960]

Really! When I renewed in April, Beacon was cheaper...just use ICBC for the basic...including UMP. I’ll check again next renewal.

mine is the same......still WAYYYYYYY higher than what I read on here though.

 

[Motogordo]

l July 26, 2021

My insurance is with Rider/Plymouth Rock. ( 2021 Sea to Sky )

I am paying $666/year
Coverage is 100,000 300,000 50,000
$500 deductible

 

[Motogordo]

July 26, 2021

Now I have a 2021Sea to Sky and it is insured with Rider and costs me $666/year
Full coverage 100k,300k,50k with 500 deductible.

 

[Spyderman2018]

I pay $99 a year for a 2018 F3-S through Gieco........

 

[Adventurer]

The comparison between insurance rates is pretty meaningless unless you are also listing the liability limits you are paying for. $50,000 vs $500,000 you are going to be paying different rates.

Agree and to add to that the term “full coverage” is so vague it’s meaningless in terms of making any kind of comparison with some one else’s coverage/premium cost.

 

[redrazor]

Insurance on Spyder is insane!!! Farmers Insurance $669 per year was my quote. I am still looking. Did anyone look at GEICO?

:yes: Wow! We are covered by Geico, and only pay $245.00 for 1 whole year coverage! Full coverage with $1,000 deductible. :2thumbs: