Insurance Questions

Message

Variablevalve · Sun Mar 18, 2007 6:25 pm

I called Geico the other day to ask some questions and what I learned was that they want 1 year's payment all at once. Because I am a student I am hoping to find an insurance company that has monthly or something smaller than an entire year so that I can pay off the costs slowly.

So as someone exploring the world or motorcyling I am wondering what insurance everyone has? What company? And what is the payment plan (or whatever it may be called).

VermilionX · Sun Mar 18, 2007 6:33 pm

im w/ AAA.

10 monthly payments for a year.

Bachstrad37 · Sun Mar 18, 2007 6:37 pm

I went with American Family. I got a pretty sizable discount since I went with home, car, motorcycle, and snowmobile.

When I shopped for motorcycle insurance, every company wanted a year's worth upfront. I heard rumors that State Farm will do a 6 month policy. I always end up cancelling my motorcycle insurance after it got too cold to ride, so I get half of it back.

Your situation is rather tough being a student. I know how that felt when I was pinching pennies during my college days. Worse case would be an under 25 single male, financing a RR sportbike with a bleminshed driving record. That can run upwards of $2k-$3k a year.

Variablevalve · Sun Mar 18, 2007 6:40 pm

Worse case would be an under 25 single male, financing a RR sportbike with a bleminshed driving record.

Do you know me?

What is an RR sportsbike?

VermilionX · Sun Mar 18, 2007 6:52 pm

Variablevalve wrote:

What is an RR sportsbike?

RR = race replica

it's those bikes that gets modified and used in pro races. usually come in 600cc and 1000cc classes.

intotherain · Sun Mar 18, 2007 8:14 pm

I am with AAA and I pay on a monthly basis. (12 times a year). I think they offer a bunch of different payment styles.

big_ry_ry · #7 Unread post by **big_ry_ry** » Mon Mar 19, 2007 2:36 am

I am with allstate they would do 12 monthly paments but I payed it off up front. I do have my home/car/snowmobile/ motorcycle with them.

I pay 436 a year full coverage 500 deduct. on an 07 v star classic 1100, when i had my older bike 82 yami 650 it was $56.00 a year basic coverage!

Mon Mar 19, 2007 3:28 am

it depends on how much your insurance is. Progressive will do 12 monthly payments for the vstrom, but only 1 for my vision. Granted the vision only costs $85

Ian522 · #9 Unread post by **Ian522** » Mon Mar 19, 2007 8:54 am

Get an old bike if you are hurting in the insurance department. My '82 Honda is $118 a year.

Mon Mar 19, 2007 1:37 pm

No matter who you go with, I think your best bet is to actually go to an agent and speak with them in person. You'll get a more reliable and, often, cheaper quote.

I have Progressive. I don't know what kind of payment plans they offer because I pay for mine yearly. It's around $165 I think for full comprehensive coverage with additional gear coverage. I can't remember exactly and can't locate my policy at the moment. But, I'm 36, married, no accidents and have both my atv and bike through the same agent. (ATV is $75/yr full coverage.)