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xr_stamm

Insurance costs

29 posts in this topic

What do you guys pay for a YEARLY rate on a street legal 650R? What do the guys with L's pay?

I got a quote of $206/yr for liability and $335/yr full coverage, with a 2nd bike discount through GMAC. Is this compeditive?

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What do you guys pay for a YEARLY rate on a street legal 650R? What do the guys with L's pay?

I got a quote of $206/yr for liability and $335/yr full coverage, with a 2nd bike discount through GMAC. Is this compeditive?

$206 a year for liability? Zoiks... :banghead:

I am going thru Progressive, and for liability only on a 2002 YZF600R and a 1993 XR250R (BD DS kit), it is $80 for both bikes combined. Full coverage on a sport bike is obscene, so I opted for liability only on the YZF, and this really limits my horizons...ie: no trips to the movie theater or other risky locations for theft. It was like $2000/yr, and I won't pay for squids' mistakes/rates.

I am researching full coverage for the 650L, and will report what I find out.

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You guys have it made. I'm paying, no joke, $745/year right now on mine. Yeah, my new truck is only $200 more/year. Reason being is that no one good insures motorcycles in MA. Therefore I went for an out of state carrier as they had "some" perks. My bike wasn't paid for at the time and the lienholder(good ole honda ) required full insurance on the bike. Now $565 of that $745 is for collision. Therefore now that my bike is paid for I dropped the full coverage and it's only $212/year. I'm not gonna argue that. However, if someone knows of a decent carrier for motorcycles in MA that is relatively cheap, let me KNOW! THANKS!

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I paid $475 for a full year of full coverage. I financed my L and the leinholder requires mass amounts of collision. I am covered through Progressive and my Nighthawk only cost $120 per year. It figures that once I am free and clear of finance companiues that basic insurance should be no more than $150 per year with a major carrier provided you have a clean DMV report.

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I am with Progressive in Arizona, :banghead: ssssshhhhhhhhhh, it's how you get it plated, and live and ride in Cali.....Anyhow, 275.00 a year for minimal................ :banghead:

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I keep thinking that the "R" in any bikes name is what gets it pegged for the higher insutrance cost. The difference between my CB700 and a CBR600 is over $200 for minimal insurance. I wonder if the same thing is happening between the L's and the R's.

xrstamm, it might be worth trying to simply tell them it is a 650 regardless of which one it is.

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I'm not sure if the "L" vs. "R" holds any water....but I'd be interested to know.

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I have both of my bikes covered with Progressive with both comprehensive and Liability for 175/year. It was 75/year for the 650R for liability only and when I added full covered against theft etc.. it went to 150/year and with adding the 450X it only bumped it to 175. Such a deal :banghead:

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My '94 650L is $176 a year (through Progressive) for liability, comprehensive and roadside assistance here in California.

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Rub it in why don't yah guys! Friggin' progressive won't carry in MA. What's the deal with that...?

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Rub it in why don't yah guys! Friggin' progressive won't carry in MA. What's the deal with that...?

Would you like a little salt with that too...............?? :banghead:

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$206 a year for liability? Zoiks... :banghead:

I am going thru Progressive, and for liability only on a 2002 YZF600R and a 1993 XR250R (BD DS kit), it is $80 for both bikes combined. Full coverage on a sport bike is obscene, so I opted for liability only on the YZF, and this really limits my horizons...ie: no trips to the movie theater or other risky locations for theft. It was like $2000/yr, and I won't pay for squids' mistakes/rates.

I am researching full coverage for the 650L, and will report what I find out.

80 bucks? :banghead::lol::busted: i would kill for that.

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My 04 L is $130.00 a year for full coverage with Dairyland. It was about half of what Progressive wanted to add to my car policy. :banghead:

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My 04 L is $130.00 a year for full coverage with Dairyland.

I'm with Dairyland too. I forget the exact dollar figure, but it's WAY CHEAP (I think less than $100) for annual comprehensive coverage for my 02 Shadow Spirit 750 in CO. Of course, smallish cruisers are cheap to insure anyhow... :banghead:

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My 04 L is $130.00 a year for full coverage with Dairyland. It was about half of what Progressive wanted to add to my car policy. :banghead:

ghoti--

How are you doing that for $130?

I just called Sentry/Dairyland and they quoted me:

$250 DED, no uninsured motorist, no alarm - $278/yr

$500 DED, no uninsured motorist, no alarm - $263/yr

$1000 DED, no uninsured motorist, no alarm - $225/yr

Single bike, 06 model

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it's not just the rates you need to shop for ... I have had Foremost for quite awhile ... was $75/yr, liability only, but after I totalled my road bike,(full coverage on it), my rates shot up 55%, and I had to wrestle the bastards to the mat to get just about 70% of my bike value ... this from a 54 yr old rider thats never had an insurance claim in his life, and no tickets for the last 15 years, etc ... :banghead: insurance companies BLOW !

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