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

[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.

[Johnj]

What is the bike worth, to you. Realistically.

[Wrider]

Would you want to replace it if it was wrecked and your fault? If yes, comprehensive, if no, then don't.

[VermilionX]

Im just wondering that my bike's value now is pretty low that it's not worth insuring comprehensive.

[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?".

[vito]

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

[Brackstone]

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.

[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

[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

[Wrider]

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.