Full Coverage Insurance - A Survery

[scooter78666]

Age: 73

Bike Make Year Model: Harley 2000 FLHTCUI Ultraclassic

MSF Course?: Yes

Years Riding: 59

Type of Coverage (Just Liability, full, etc): Liability only

Yearly Rate: $55, with Progressive Insurance Co. (3 other cycles on this same policy)

Accidents? No

Where do you live? San Marcos, Texas, USA

As most people know, the three things which have the most affect on motorcycle insurance rates are (1) age of the rider, (2) type of cycle, 250 cc cruiser vs 1300cc Suzuki Hayabusa sport bike, and (3) location of the insured cycle (a small rural community vs. densely populated inner-city).

Rates DO vary a lot from company to company. Most automobile insurance companies do NOT want our cycle insurance business, even refusing to quote on it. Some others take the approach, "Yeah, we sell cycle insurance, but only at our sky-high rates". Shop around, and buy ONLY the insurance you really need. IF you own your cycle outright (no financing institution involved), my advice is usually to buy only liability insurance. IF your cycle is financed, you have no choice in the matter. Full coverage is almost automatic to get financing approved.

IF you are 18, ride a Hayabusa, AND have your cycle financed by your local bank or credit union, it is gonna take an armored truck-load of money EVERY MONTH to pay your insurance premium.

[sparky]

Bike : 2001 Bandit 1200
Age : 25
Yrs riding : 3
MSF : No
Full coverage : 931 / yr.

yep, I'm taking it up the tail pipe on that one. I also have an 81 yamaha 550, and that only costs me about 60 / yr.

[Wrider]

Age:20

Bike Make Year Model: 2001 Suzuki Intruder Volusia 805cc

MSF Course?: Yes

Years Riding: 0

Type of Coverage (Just Liability, full, etc): Full coverage and then some...

Yearly Rate: $422

Accidents? 2, each with a ticket, plus two other tickets.

Where do you live? USA, CO

Keep in mind that Geico won't even insure me!

[Big B]

Age: 28

Bike Make Year Model: 2003 Honda VTX1800r

MSF Course?: No

Years Riding: this is number ten

Type of Coverage (Just Liability, full, etc): Full

Yearly Rate: $400

Accidents? No

Where do you live? rural wisconsin

american family insurance, the same company i've got for my house, my car, and now my fiancee's car, consolidating insurance policies can save you a bunch.

[moto_hanki]

Age: 34
Bike Make Year Model:1992 Yamaha Seca II XJ600
MSF Course?: Yes (Team Oregon)
Years Riding: 10 months
Type of Coverage (Just Liability, full, etc): Full
Yearly Rate: $137
Accidents? No
Where do you live? Oregon (yes we have indoor plumbing)

I keep full coverage on all of my vehicle because I am a student and couldn't afford to replace them if A deer hit me, which they do, hit people. Also, other people drive like "poo poo" around here.

I use State Farm, auto, motorcycle, and renter's insurance. Multiline discount, no accidents.