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Motorcycles most likely and less likely to be stolen list.

Progressive Studies More Than 2 Million Motorcycles; Finds Which Bikes Are Most and Least Likely to Be Stolen, Crashed



MAYFIELD VILLAGE, Ohio--(BUSINESS WIRE)--June 20, 2005--A recent study of claims data on more than two million motorcycles insured over the past three years by The Progressive Group of Insurance Companies, the country's largest motorcycle insurer, uncovers the makes and models of bikes most and least likely to be stolen or crashed.
Motorcycle Thefts:
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Most Likely to be Stolen Least Likely to be Stolen
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1. Suzuki GSX-R Series 1. Suzuki Savage
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2. Yamaha YZF Series 2. BMW R1200C
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3. Honda CBR Series 3. Honda Rebel Series
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4. Suzuki Hayabusa 4. Honda Shadow Series
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5. Kawasaki Ninja Series 5. Yamaha V-Star
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Motorcycle Crashes:
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Most Likely to be Crashed Least Likely to be Crashed
---- -----
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1. Suzuki GSX-R Series 1. Yamaha Virago Series
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2. Kawasaki Ninja Series 2. Honda Rebel Series
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3. Suzuki TLR 3. Suzuki Savage
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4. Yamaha YZF Series 4. Harley-Davidson FXR
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5. Honda CBR Series 5. BMW R1200C
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So what does this mean for bikers?

If you choose a motorcycle that's involved in more crashes or is stolen more often you'll most likely pay more for insurance.

"Insurance rates are based on a lot of information about you and your driving record as well as the make and model bike you ride," said Rick Stern, motorcycle product manager, Progressive. "If you buy a bike that's stolen often, you may pay more for comprehensive coverage, and if you buy a bike that is involved in more crashes then you may pay more for collision. We want bikers to be aware of what drives rates so they can make better, more informed insurance decisions."

The Progressive Group of Insurance Companies, in business since 1937, ranks third in the nation for auto insurance based on premiums written and provides drivers and riders with competitive rates and 24/7, in-person and online service. The products and services of the Progressive Direct Group of Insurance Companies are marketed directly to consumers by phone at 1-800-PROGRESSIVE and online at progressivedirect.com through the Progressive Direct brand. The Drive Group of Progressive Insurance Companies offers insurance through more than 30,000 independent insurance agencies that market their products and services through the Drive Insurance from Progressive brand. To find an agent/broker, go to driveinsurance.com. The Common Shares of the Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR. More information can be found at progressive.com.

Wow. Very interesting data.

My buying a Suzuki Savage makes me look even smarter!

And it explains why my annual insurance bill is only $250 (from Progressive, BTW) -- and that's for near top-of-the-line coverage.

(Of course, it also helps that I live in Minnesota, where the riding season is only three months long! )

Spiff wrote:( I live in Minnesota, where the riding season is only three months long! )

Three months "Yikes!!!" i'd be moving.

Did I type "three months"?

I meant three weeks.

Sorry 'bout that.

I saw an article in MCN a while ago that showed that over here a scooter is about 3 times more likely to be stolen than a larger bikes. It tends to be kids rather than "real" thiefs, though, so they seem to go for the smaller bikes....

One of my friends has a CG125 that he has had nearly stolen 3 times (chain cut, but interupted them etc) However my XJR has been safe wherever it's been parked... *touches wood*

Keyoke wrote:*thouches wood*

Erm, what does thouching wood entail?....

Wouldn't you like to know!

Do you think that those crash statistics could be a little off. My number one point of reasoning is because the gsx-R is a sport bike and the rider may be ridden with much less caution and more outrages manovers than a cruiser like the virago, who cant pull a wheelie?
Just my $.02

Hey Nibblet
Knocks on wood

Coop

Actually that would put the stats dead on. Sprotbikes are ridden harder, so they are more likely to be crashed. Because all it takes is something simple like a little patch of sand during a hard turn and you're buggered.

The harder you ride the bike the less that needs to go wrong in order for the bike to crash.

Believe me, the insurance stats are dead on. I don't much care for insurance salesmen, but the dudes in the back room doing the stats are a bunch of brainiacs of the highest order. There's no way in hell one of us is going to think of something they haven't considered when they are building rate tables. If they say most accidents come on bike x, then most accidents come on bike x.