help me decide. should i still insure my bike comprehensive?

[Brackstone]

I thought sometimes though an insurance company can just "total" your bike if they don't want to pay the high cost of repairs.

They can, but there is a limit. Usually it takes 70% of the actual value of the vehicle including parts and labor.

That makes sense but that's also part of my point.

If his bike is only worth like $2,000 then what is the point of having comprehensive? That means if he does like $1,400 in damage to his bike it will be totaled.

I'd want to know what Vermillion's deductable is too.

If his deductable is like $500 and lets say someone tipped over his bike and it cost like $1,000 to repair the fairings it's $500 + $x (where x is how much insurance he pays for year) lets say $200 that's $700 right there. he only saves like $300.

Vermillion 3 questions

#1 How much do you pay each year for your motorcycle insurance
#2 How much is your deductable
#3 How much is your bike valued at

[VermilionX]

Vermillion 3 questions

#1 How much do you pay each year for your motorcycle insurance
#2 How much is your deductable
#3 How much is your bike valued at

#1. i might be mistaken since i don't keep records like i should... somewhere around $1200/year total for both my 06 gixxer 750 and my 05 mazda rx8. both comprehensive.

#2. i believe $500

#3. i think i bluebooked it at $6,500 or somethin.

[sunshine229]

I only have comprehensive on the vehicle if I am concerned about theft (like here in Houston!) and as the present value of the bike warrants it. I have always declined collision because I figure if I get in an accident it's my own fault I'll be willing to pay for the damage.

Don't forget that if you have to use your insurance at any time your premiums automatically go up. Because of this I limit the coverage I have because I figure something real bad would have to happen to make me want to use my insurance to cover the bills.

I just insured my 2009 Kawasaki 650R with liability, comprehensive and roadside assistance for $142 per year. Cheap!

[VermilionX]

I just insured my 2009 Kawasaki 650R with liability, comprehensive and roadside assistance for $142 per year. Cheap!

that is cheap.

here comprehensive just means everything is covered.

we don't have a separate collision plan.

it's either liability or comprehensive.

[sunshine229]

I just insured my 2009 Kawasaki 650R with liability, comprehensive and roadside assistance for $142 per year. Cheap!

that is cheap.

here comprehensive just means everything is covered.

we don't have a separate collision plan.

it's either liability or comprehensive.

OHHHHHH really?!?!?!?

I did speak to one insurance group that said they can't always separate collision from comprehensive (depends on the person and the bike, I think?) but the company I went with (Geico) can separate it out no problem. Have you shopped around?

Here's the TMW link to Geico (if you do buy using this link then TMW gets a very small cut - like a buck!) http://www.dpbolvw.net/click-538038-10472177 Give it a try and see if you can get a better rate.

[VermilionX]

OHHHHHH really?!?!?!?

I did speak to one insurance group that said they can't always separate collision from comprehensive (depends on the person and the bike, I think?) but the company I went with (Geico) can separate it out no problem. Have you shopped around?

Here's the TMW link to Geico (if you do buy using this link then TMW gets a very small cut - like a buck!) http://www.dpbolvw.net/click-538038-10472177 Give it a try and see if you can get a better rate.

i called them before when my bike was new.

AAA gave me the best rate. but i was only 26yo back then.

it's prolly just way cheaper over there in texas.

[Brackstone]

Vermillion 3 questions

#1 How much do you pay each year for your motorcycle insurance
#2 How much is your deductable
#3 How much is your bike valued at

#1. i might be mistaken since i don't keep records like i should... somewhere around $1200/year total for both my 06 gixxer 750 and my 05 mazda rx8. both comprehensive.

#2. i believe $500

#3. i think i bluebooked it at $6,500 or somethin.

If that's the case comprehensive sounds like it's fine since you're covering both your bike and your car. I mean could you even take comprehensive off the bike without taking it off the car? If so how much money would that save you.

Also I'd check to make sure how your insurance company valuates bikes too. The local bike shop I'm friendly here with says a lot of (non-motorcycle only) insurance companies classify bikes as wrecked just because they feel like Bike Mechanics are ripping them off since they aren't familiar with the hardware/labor.