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

Message
Author
User avatar
VermilionX
Super Legendary 5000
Super Legendary 5000
Posts: 5996
Joined: Wed Dec 28, 2005 3:45 pm
Sex: Male
Years Riding: 6
My Motorcycle: '06 Suzuki GSX-R 750
Location: The Valley, SoCal

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

#1 Unread post by VermilionX »

my bike is an 06 gixxer 750.

13,900 miles. some scuffs on the fairing from low a speed tumble bec of gravel.

i have it insured comprehensive.

i need to renew my insurance this december.

should i just switch it to collision only? or is it still worth insuring comprehensive?

thanks.
Bikes Owned:
Gixxer 1000 K6 (stolen)
Gixxer 750 K6

Bikes Wanted:
VMAX
a super kewl cafe racer

User avatar
Johnj
Site Supporter - Platinum
Site Supporter - Platinum
Posts: 3806
Joined: Fri Nov 17, 2006 7:34 am
Real Name: Johnny Strabler
Sex: Male
Years Riding: 34
My Motorcycle: A Bolt of Lightning
Location: Kansas City KS

Re: help me decide. should i still insure my bike comprehens

#2 Unread post by Johnj »

What is the bike worth, to you. Realistically.
People say I'm stupid and apathetic. I don't know what that means, and I don't care.
Image
Always wear a helmet, eye protection, and protective clothing. Never ride under the influence of drugs or alcohol.

Wrider
Site Supporter - Gold
Site Supporter - Gold
Posts: 5285
Joined: Wed Aug 16, 2006 1:46 pm
Real Name: Ryan
Sex: Male
Years Riding: 4
My Motorcycle: 2005 Kawasaki Z750S
Location: Colorado Springs, CO

Re: help me decide. should i still insure my bike comprehens

#3 Unread post by Wrider »

Would you want to replace it if it was wrecked and your fault? If yes, comprehensive, if no, then don't.
Have owned - 2001 Suzuki Volusia
Current bike - 2005 Kawasaki Z750S
MMI Graduation date January 9th, 2009. Factory Certifications in Suzuki and Yamaha

User avatar
VermilionX
Super Legendary 5000
Super Legendary 5000
Posts: 5996
Joined: Wed Dec 28, 2005 3:45 pm
Sex: Male
Years Riding: 6
My Motorcycle: '06 Suzuki GSX-R 750
Location: The Valley, SoCal

Re: help me decide. should i still insure my bike comprehens

#4 Unread post by VermilionX »

Im just wondering that my bike's value now is pretty low that it's not worth insuring comprehensive.
Bikes Owned:
Gixxer 1000 K6 (stolen)
Gixxer 750 K6

Bikes Wanted:
VMAX
a super kewl cafe racer

User avatar
dr_bar
Site Supporter - Diamond
Site Supporter - Diamond
Posts: 4532
Joined: Mon May 23, 2005 4:37 am
Real Name: Doug
Sex: Male
Years Riding: 44
My Motorcycle: 2007 Yamaha Royal Star Venture
Location: Surrey BC, Canada

Re: help me decide. should i still insure my bike comprehens

#5 Unread post by dr_bar »

Comprehensive covers all those things NOT covered by collision, If you're at fault and you're in a collision, your bike is covered it may affect your premiums, but you're covered. A guy parks next to you so close he can't get out of his car, so he opens up the window, gives the bike a shove and now he can get out, damage to the bike from being knocked over, is comprehensive coverage, especially if you don't have a witness to the incident. Just like glass damage, door dings, keyed paint, on a car are all comprehensive claims. So I guess the question would be, "Can you afford to have any comp' damages repaired without insurance?".
~~~~~~~~~~~~~~~~~~~~~~~~~~~

"Four wheels move the body.
Two wheels move the soul!"

User avatar
vito
Regular
Regular
Posts: 38
Joined: Fri Jan 30, 2009 2:06 am
Sex: Male
Years Riding: 30
My Motorcycle: Triumph America

Re: help me decide. should i still insure my bike comprehens

#6 Unread post by vito »

Comprehensive insurance is usually pretty inexpensive, not like collision. I carry it primarily to protect myself against theft of my bike.

User avatar
Brackstone
Legendary 1500
Legendary 1500
Posts: 1567
Joined: Sun Jul 29, 2007 11:17 am
Real Name: David
Sex: Male
Years Riding: 3
My Motorcycle: 2010/Ducati/Monster 1100
Location: New Jersey

Re: help me decide. should i still insure my bike comprehens

#7 Unread post by Brackstone »

dr_bar wrote:Comprehensive covers all those things NOT covered by collision, If you're at fault and you're in a collision, your bike is covered it may affect your premiums, but you're covered. A guy parks next to you so close he can't get out of his car, so he opens up the window, gives the bike a shove and now he can get out, damage to the bike from being knocked over, is comprehensive coverage, especially if you don't have a witness to the incident. Just like glass damage, door dings, keyed paint, on a car are all comprehensive claims. So I guess the question would be, "Can you afford to have any comp' damages repaired without insurance?".
I thought sometimes though an insurance company can just "total" your bike if they don't want to pay the high cost of repairs.
Ducati Monster 1100 (Vrooom!!)
Aprilia Shiver 750 (sold)
2007 Kawasaki Ninja 250cc (sold)

User avatar
totalmotorcycle
Administrator
Administrator
Posts: 29679
Joined: Sat Nov 22, 2003 1:00 pm
Real Name: Mike
Sex: Male
Years Riding: 32
My Motorcycle: 2013 Moto Guzzi V7 Stone
Location: Winnipeg, Manitoba

Re: help me decide. should i still insure my bike comprehens

#8 Unread post by totalmotorcycle »

For me (and I usually have an older bike) I just go with basic (but maxed) liability. If it's something of value (new or newish) I'll added that plus comprehensive. I've never had collision on a bike as it usually doubles (or triples) the entire policy cost.

Mike
NEW 2024 Motorcycle Model Guides
2023 Motorcycle Model Guides

Total Motorcycle is official Media/Press for Aprilia, Benelli, Beta, Bimota, BMW, Brammo, Buell, Can-Am, CCW, Ducati, EBR, Harley-Davidson, Honda, Husqvarna, Husaberg, Hyosung, Indian, Kawasaki, KTM, KYMCO, LiveWire, Moto Guzzi, Moto Morini, MV Agusta, Norton, Phantom, Piaggio, Polaris, Ridley, Roehr, Royal Enfield, Suzuki, Triumph, Ural, Vespa, Victory, Yamaha and Zero.

User avatar
VermilionX
Super Legendary 5000
Super Legendary 5000
Posts: 5996
Joined: Wed Dec 28, 2005 3:45 pm
Sex: Male
Years Riding: 6
My Motorcycle: '06 Suzuki GSX-R 750
Location: The Valley, SoCal

Re: help me decide. should i still insure my bike comprehens

#9 Unread post by VermilionX »

i'll keep comp insurance i guess. i can't buy a new one w/o seriously hurting my bank account.

even though i don't use the bike much lately... i feel that i wanna maintain owning a sport car, sport bike, and a sport bicycle. lolz
Bikes Owned:
Gixxer 1000 K6 (stolen)
Gixxer 750 K6

Bikes Wanted:
VMAX
a super kewl cafe racer

Wrider
Site Supporter - Gold
Site Supporter - Gold
Posts: 5285
Joined: Wed Aug 16, 2006 1:46 pm
Real Name: Ryan
Sex: Male
Years Riding: 4
My Motorcycle: 2005 Kawasaki Z750S
Location: Colorado Springs, CO

Re: help me decide. should i still insure my bike comprehens

#10 Unread post by Wrider »

Brackstone wrote: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.
Have owned - 2001 Suzuki Volusia
Current bike - 2005 Kawasaki Z750S
MMI Graduation date January 9th, 2009. Factory Certifications in Suzuki and Yamaha

Post Reply