Bike Insurance

[sreeni.kaki]

Hello,

Have more than 5 years of exp in riding bikes (up to 300 CC) back in my home country. However, am new to biking in USA.

Planning o buy FZ6R soon and shopping arnd for insurance. Typical quotes i got from agents ranges from $1100-1800 (per year). Is it normal?

Any tips/tricks to reduce the insurance a lil bit?

Thanks,
Sreeni.

[mfischler]

Originally Posted by sreeni.kaki

Hello,

Have more than 5 years of exp in riding bikes (up to 300 CC) back in my home country. However, am new to biking in USA.

Planning o buy FZ6R soon and shopping arnd for insurance. Typical quotes i got from agents ranges from $1100-1800 (per year). Is it normal?

Any tips/tricks to reduce the insurance a lil bit?

Thanks,
Sreeni.

Typically, if you go a year without any problems (a combo of two 1 point incidents - tickets, accidents, etc) your rate should drop dramatically. At least thats what I experienced.

[JonKerr]

In California I had a hard time finding quotes that low until I went to State Farm. Most insurance companies look at the type of bike it is and the FZ6R classifies as a sport bike. No different than an R1 in most of their eyes. $2600-$3500 per year was average for most insurance companies I checked with. However, State Farm could care less what kind of bike it is. They look at displacement. Being a 600 it's pretty small when compared to some of the monster displacement cruisers out there. With no experience and one ticket on my record they gave me $600 a year. Once I get a years experience without issues, it should drop to $400 per year and continue to drop. Especially once that one ticket comes off my record in a couple of years.

Again this is in California and I know a lot of companies tend to have some pretty messed up ways of thinking out here.

[Heineken]

I currently pay $25 bucks/ month for my FZ6R. But I already have my homeowners, one car, one truck and flood insurance with American Family Insurance so that gives me a huge discount.

[bmw4422]

id say shop around. i got mine for 378 a year.

[bjpinub]

Originally Posted by sreeni.kaki

Hello,

Have more than 5 years of exp in riding bikes (up to 300 CC) back in my home country. However, am new to biking in USA.

Planning o buy FZ6R soon and shopping arnd for insurance. Typical quotes i got from agents ranges from $1100-1800 (per year). Is it normal?

Any tips/tricks to reduce the insurance a lil bit?

Thanks,
Sreeni.

For what it is worth, I pay $1180 per year for coverage on a 2009 FZ6R and a 150cc Motofino scooter with one not at fault, weather related accident back in January 2009. Although this is a little high, I feel as though I have excellent coverage on them. I have the same coverage on one as I do the other. This includes:

• $100k/$300k/$100k worth of liability
• $100k/$300k/$100k worth of uninsured motorists
• $1000 for medical payments per accident (to cover medical deductibles I assume)
• A $100 comprehensive deductible
• A $250 collision deductible
• Up to $100 paid for towing
• $750 for trip interruption

I am hoping the rate drops this year, given it will have been a year since I started my motorcycle coverage and will have one year of riding experience. I did shop around a little bit when I was looking for insurance. Geico was over $2800/year. Progressive was over $2000/year. State Farm
was a little higher than my Allstate rate, but they wanted me to bring at least one vehicle to them for coverage. I have had Allstate for over 8 years, and I am very pleased with them.

I am not sure if this helps you much, but here you go.

[jspansel]

Im at $18 a month right now for full coverage through State Farm. Not my first bike with them though, no accidents.

[JonKerr]

You're also in Oregon. Unfortunately, location has a HUGE effect. I was told at the dealership that San Diego is anywhere from #1 to #3 in country for most stolen motorcycles every year and usually in the top 3 to 5 in the country for most totaled motorcycles. But we've probably also got close to the highest number of bikes per capita of any major city as well. You can't drive 5 miles anywhere in town without seeing a bike of some kind.

[jspansel]

Originally Posted by JonKerr

You're also in Oregon. Unfortunately, location has a HUGE effect. I was told at the dealership that San Diego is anywhere from #1 to #3 in country for most stolen motorcycles every year and usually in the top 3 to 5 in the country for most totaled motorcycles. But we've probably also got close to the highest number of bikes per capita of any major city as well. You can't drive 5 miles anywhere in town without seeing a bike of some kind.

True, I just moved here from VA and it was $30 something there. I didnt notice any drop until I came here and transfered it over.

[WenMark]

I got State Farm about $130 per 6 months. Not full coverage, but it will replace any damaged parts on the bike and theft or act of god. I bought gap at the dealer (you never know) So I'm good with that. I have my medical through work. I also placed one of my cars with to get a multiple vehicle discount. Ask for all your discounts. I hope that helps.