SuzukiSavage.com - Pricing MC Insurance

Routy

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Pricing MC Insurance
07/13/10 at 10:29:56

What is the average going annual price for basic PL & PD insurance ?

Last July I paid $75 for one year,....seemed reasonable at the time. The renewal just came in at $95,....thats a 20+% increase,......unacceptable IMO. Can I beat that anywhere ?

On edit,.........
I was just informed that as of Jan 1, our state insurance commissioner raised the minimum liability coverage from $10,000 to $20,000, and is the reason for the 20% hike. So while my agent is checking for other less expensive carriers, so am I ! Angry

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ArGaT

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Re: Pricing MC Insurance
Reply #1 - 07/13/10 at 10:41:45

Thats cheap compared to me im 35 and live in a nationaly recognised low crime rate area and for fully comp the best quote i got was £139 that is with legal cover but no breakdown cover. I think that converts to around $210. I couldnt believe it,5 years ago i was riding a GSXR1000 and lived in an inner city area and was paying £750 I think insurance is biggest legal con a going, I should get a push bike and ride around the streets with no insurance then should i have an accident I aint got to worry about it - I HATE PEDAL CYCLISTS.. I think ill start a new thread on this actually.

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sjaskow - FSO Senior Member Offline Posts: 365 Frozen Tundra of MN Gender:	Re: Pricing MC Insurance Reply #2 - 07/13/10 at 10:42:38 I pay $252 per year for full coverage with $500 deductible from State Farm in SW Ohio. I'm not sure what just the liability part of it is though.
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babyhog

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Re: Pricing MC Insurance
Reply #3 - 07/13/10 at 11:37:24

Hubby and I have full coverage on both bikes with Progressive, my '06 S40 and his '07 C90. $570 covers both for the year. $194 for mine + $306 for his + $70 combined for uninsured/underinsured.

I can't remember how much, but I do remember that the full coverage was not that much more expensive than liability, so I opted for full coverage.

My policy shows discounts for "home owner", "multi-vehicle", and "prompt payment" and "claim free renewal"

Sorry, I know its not apples to apples, but I hope it helps some.

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jsarsfield Junior Member Offline SuzukiSavage.com Rocks! Posts: 72	Re: Pricing MC Insurance Reply #4 - 07/13/10 at 11:42:44 In Ontario you have to have a minimum of 1 million liability and most insurance companies want you to have 2 million ... It is just another legal scam how is it possible to do 1 million dollars worth of damages with a motorcycle ? rampage through a museum anyone? I wanna use some of this public damages money.
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ArGaT YaBB Newbies Offline SuzukiSavage.com Rocks! Posts: 43	Re: Pricing MC Insurance Reply #5 - 07/13/10 at 11:53:34 God darn you guys have to have public liability insurance before you get bike insurance?
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bill67 Serious Thumper Offline old tired Posts: 8517 genoa city wisconsin Gender:	Re: Pricing MC Insurance Reply #6 - 07/13/10 at 12:09:05 Liability $65 a year Allstate.
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Oldnewguy Senior Member Offline thumpin' along! Posts: 369 Upstate NY Gender:	Re: Pricing MC Insurance Reply #7 - 07/13/10 at 12:11:48 $75.00 in upstate NY
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Re: Pricing MC Insurance
Reply #8 - 07/13/10 at 12:12:46

jsar its not just the actual damage cost its about long term costs aswell ie you run over a proffesional runner and he cant run any more he will sue for loss of earnings over the rest of his working time span. Thats where the claims start getting into stupid amounts... So just pray you run over a 65 year old retired professional runner Grin

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presquile YaBB Newbies Offline SuzukiSavage.com Rocks! Posts: 32	Re: Pricing MC Insurance Reply #9 - 07/13/10 at 12:15:51 In Ontario, Canada, basic coverage for me, with no traffic offences for 25 yrs is $450
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bill67 Serious Thumper Offline old tired Posts: 8517 genoa city wisconsin Gender:	Re: Pricing MC Insurance Reply #10 - 07/13/10 at 12:16:05 So far I haven't ran over any runners.
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Max_Morley Serious Thumper Offline LT650 Luxury Touring & sidecar rig Posts: 1490 Moses Lake. WA Gender:	Re: Pricing MC Insurance Reply #11 - 07/13/10 at 13:32:13 @ savages Full coverage but no underinsured/non insured medical $95 year, Safeco. Includes house, cars and auto renew, - $10 year if I take an ERC. Max
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earlytimz Senior Member Offline Savage model 417 (4 speed, 17mm) Posts: 382 BG, KY Gender:	Re: Pricing MC Insurance Reply #12 - 07/13/10 at 13:47:48 Allstate liability= $76/ year. I also have home & auto thru them too
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james may

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Re: Pricing MC Insurance
Reply #13 - 07/13/10 at 13:59:41

95$ a year Basic liability with low deductables from progressive. 50,000 people city(Holyoke ma) with 2 speeding tickets about 3 years ago and a néwer failure to yield(supposed to pull into other lane so as not to kill or mame officers pilling people over) about 1.5 years ago. Looks like allstate is turning out to be the cheapest so far for peoples.

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Savage_Amusement Serious Thumper Offline On this steel horse I ride. Posts: 1004 Omaha, NE Gender:	Re: Pricing MC Insurance Reply #14 - 07/13/10 at 15:48:11 120 a year full coverage with Allstate. So that is 10 a month.
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