|
SuzukiSavage.com
/cgi-bin/YaBB.pl General Category >> The Cafe >> Motorcycle Insurance /cgi-bin/YaBB.pl?num=1708487498 Message started by MMRanch on 02/20/24 at 19:51:38 |
|
Title: Motorcycle Insurance Post by MMRanch on 02/20/24 at 19:51:38 Hay guys I just got my Geico Motorcycle Policy renewal bill. It seems to me that they have took a big jump in the wrong direction. Even after Rejecting "Uninsured Motorist Property Damage" it's still $363. a year for the (($100,000/300,000/50,000) w/$1000.00 Comprehensive deductible.) $1,000 ded is almost like paying for all repairs on my own anyway ! ::) Does that amount seem more than you folks are paying ? :-? |
|
Title: Re: Motorcycle Insurance Post by springman on 02/21/24 at 10:03:39 MM. how many bikes is that for? |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 02/21/24 at 15:53:45 Two , 350cc and 650cc . But Only one driver . Geico jumped over $150.00 from two years ago when I had the 750 Guzzi and a 650 Suzuki --- to having a 350 and a 650 Enfield's It seems to me the price should have gone down if it changed at all. I'm thinking "I should look for a different company" :-? |
|
Title: Re: Motorcycle Insurance Post by verslagen1 on 02/21/24 at 16:31:50 aren't those both new bikes? |
|
Title: Re: Motorcycle Insurance Post by LANCER on 02/21/24 at 19:36:24 Yep |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 02/22/24 at 07:50:40 So , Parts cost more for New Bikes , or. There not as easy to , just "Total-Out" ::) Enfield parts seem to have less mark-up when they are bought on-line , compared to other brands , the sheer numbers of them produced has to have an impact. But , I understand what ya mean , even if they have "Retro Styling" they are still New ... I'll check to see if a better deal is out there ? Geico has had me for a 2 wheeled customer for over 20 years . :) With the auto insurance I have to switch companies every few years so they will keep the best price in place . ::) It seems that Geico Bike Insurance Wing has a new manager ? |
|
Title: Re: Motorcycle Insurance Post by springman on 02/22/24 at 12:27:08 MM, I got a pretty good deal with Progressive last year. You may want to give them a call. My insurance is coming up for renewal here soon also. Hopefully they have not gone up much. |
|
Title: Re: Motorcycle Insurance Post by ThumperPaul on 02/22/24 at 13:40:00 I’m with Progressive. But I only have liability insurance. I’m paying about $140/year for 2 bikes (2006 Honda Shadow 750 and 2005 S40). At least check them out. |
|
Title: Re: Motorcycle Insurance Post by Dave on 02/22/24 at 13:50:20 Prices for just about everything are going up.....why wouldn't the cost of insurance? I had Progressive for a while, and they willingly took my payments. I stopped using them when a friend had a bad experience with them. He had a 1984 BMW GS1000 - a Paris/Dakar bike. It was in very good shape and worth around $5,000. He had an accident in VA and it bent an engine crash bar, broke a turn signal, and broke a headlight. When Progressive looked at the damage they valued the bike at $1,400! He had a choice of them totaling the bike and taking it from him - or they would give him $600 in damage and he could keep the bike. Progressive had horribly undervalued his bike.....go look for an excellent example of this bike and try to buy it for less than $5,000! Cheap insurance is OK....as long as you never need to file a claim! Insurance rates also vary depending on where you live. My riding season is only 7 months long, and the theft rates around here are pretty low. I think that $363 is a good price for 2 bikes. |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 02/22/24 at 18:14:27 an engine crash bar, broke a turn signal, and broke a headlight. Wow ! $600.00 for a crash bar, a turn signal , and a headlight ! I just put a set of case guards on the 650 for under $100.oo , so $500.oo for a turn signal and a headlight sounds good to me. But , I was looking at Progressive Bike insurance today. There were three levels of payment options : 1. Actual Cash value 2. Replacement Cost 3. Damage cost The Price adjusted it's self with which on I clicked on. I chose the Replacement Cost for the extra few $$'s on the 2024 bike and Actual Cash value on the 2022 bike. So , I got $250.oo deductible on the Comprehensive this time when Geico had me down for $1,000.oo deductible It was lower cost .... Ready .... $201.00 for two bikes . I don't know why I ever felt any Loyality to Geico in the first place ? Oh , also Progressive had two levels of Road-Side assistance . I up graded to the top level for the 2024 bike for the extra $10.00 I hope I never need it ! I never want to have a flat tire out on the road again !!! Thank goodness for Friends ! :) |
|
Title: Re: Motorcycle Insurance Post by Dave on 02/23/24 at 03:07:56 4C5E4C5E53404F4249010 wrote:
The crashed motorcycle was from 1984 and is 40 years old! The crash bar was no loner available from BMW - the headlight and turn signal still are but they are a bit costly. He did the repair work and bought used parts and straightened and painted the crash bar himself. Progressive will likely be able to handle damage to a modern motorcycle that is still in production a bit differently than they do a vintage bike. However - he stopped using Progressive as he has several vintage bikes (Ducati, Norton, Matchless, Vincent) and never wanted to have to deal with the claims department of Progressive in the future. |
|
Title: Re: Motorcycle Insurance Post by LANCER on 02/23/24 at 05:15:56 Progressive insures my bikes. Monthly cost was $27/mo. for just the Savage(‘86), and when I added the BSA (‘71) it went to $30. My coverage is liability only. Uninsured motorist: $50k/per, $100k/acc Bodily injury: $250k/per, $500k/acc Property damage: $100k/acc Medical payments: $2500/per Roadside assistance is included for both bikes. |
|
Title: Re: Motorcycle Insurance Post by springman on 02/23/24 at 10:53:10 My coverage renews in May. My current term for the 2 bikes, 2006 S40 and 1997 Honda Shadow Spirit 1100 full coverage paid around $170.00/year. Actual replacement for the S40 and agreed upon value for the Honda. The only reason I have full coverage is that the Progressive quote with full coverage was substantially lower than my previous carrier with liability only. Hopefully progressive will remain reasonable when renewal time arrives. |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 02/23/24 at 15:54:27 Lancer ! What's this ?? :o :o :o I added the BSA (‘71) You have a rideable 1971 BSA ? :) I might have to come visit a day early ??? :) |
|
Title: Re: Motorcycle Insurance Post by Ruttly on 02/26/24 at 09:15:32 I use Foremost m/c insurance for 3 bikes , don’t know what I paid can’t find the bill. It’s not bad , I think. Retired , I don’t think real hard. |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 02/26/24 at 18:03:25 For those who don't know : My W650 rear tube had a malfunction and died on one of our rides , I had three bikes insured at the time and when I added the W650 , the sales associate didn't add ROAD-SIDE-ASSISTANCE ... like the other two had ! So It took some EXTRA EFFORT to get it fixed ! I'd still be beside the road waiting if not for having friends along ! Dave's wife Deb saved the day ! Thanks again Deb ! :) .............. |
|
Title: Re: Motorcycle Insurance Post by LANCER on 03/03/24 at 14:23:09 Did she fix it for ya ? |
|
Title: Re: Motorcycle Insurance Post by MMRanch on 03/03/24 at 17:02:04 She sure did ! She did the most important part ! She drove my truck back to where I was waiting !!! :) So , ya could say she helped the guy at the Honda shop put the new tube in ? :-? :) I'm not sure I ever want another inter tube / but I love the way a Dunlop K-70 looks ... ............ |
|
SuzukiSavage.com » Powered by YaBB 2.2! YaBB © 2000-2007. All Rights Reserved. |