PLZ HELP WITH INSURANCE
07-23-2002, 03:21 PM
#1
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Thread Starter
Join Date: Oct 2001
Location: Peoria, AZ
Posts: 10,906
YES, wtf. In so pissed, the insurance companies want 3000 a year for me to ride the cbr600f4i. Its waiting for me, they just put it together, and i got approved. But when i went to get my insurance they said 3k. I was like WTF, how can anyone afford that? O but its 750 for my dad to ride a year. BS How much do u guys pay to ride your Croch rockets.
07-23-2002, 03:31 PM
#2
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Join Date: Jul 2001
Location: Stuart, FL
Posts: 24,416
That is a little high... does you state require motorcycle insurance... the cost of insurance you could buy a new one every 3 years.
But the stats on the CBR 600 are pretty bad... it's a squid bike so they get totalled in the first 6 months A LOT!!! and that is what insurance companies use... stats.
But the stats on the CBR 600 are pretty bad... it's a squid bike so they get totalled in the first 6 months A LOT!!! and that is what insurance companies use... stats.
07-23-2002, 03:40 PM
#3
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Join Date: Oct 2001
Location: Peoria, AZ
Posts: 10,906
just talked to my dad, we decided to Fuc*() it. My dads got 5000 hes going to borrow me and im getting my 7 back together. I will have all the toys ive ever wanted! ahah I guess i will have to settle for low 13's.
07-23-2002, 05:28 PM
#5
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Join Date: Oct 2001
Location: Marysville WA.
Posts: 1,847
You could get a naked bike, that would probably lower your insurance a bit. Plus taking a motorcycle riding course will lower it also. Go to progressive.com and mess with the variables like different types of bikes and what kind of coverage. Your insurance will very quite a bit with the different bikes.
07-23-2002, 06:35 PM
#6
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Join Date: Feb 2002
Location: Amityville, New York
Posts: 12,288
It probably would have went down aloooooot after the first term, when you are a first time rider, they usually nail you big time, especially if you dont have a motorcycle license. First year I paid $1200, and that was liability only, if you had a bank loan, they dont require full coverage, but a loan from the manufacturer usually does. The next year I got 6 month insurance for $275 ( keep in mind you really dont want to ride a bike for a full year here in New York ), then the year after that I got a full year for $250.
07-23-2002, 08:40 PM
#7
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Join Date: Oct 2001
Location: Portland, OR
Posts: 790
I had the same problem when I had my CBR600, I then called the Honda Dealership I bought it from because I remember him mentioning an agent.
So I would check with the agent. (Mine was Farmers).
I switched insurance companies 2 years ago when I was going to buy a CBR929 because they had the best rates.... About $12 a month for the bike + my car. I ended up getting a new car instead...
I have State Farm, and they have had the best rates for me.
So I would check with the agent. (Mine was Farmers).
I switched insurance companies 2 years ago when I was going to buy a CBR929 because they had the best rates.... About $12 a month for the bike + my car. I ended up getting a new car instead...
I have State Farm, and they have had the best rates for me.
07-23-2002, 08:50 PM
#8
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Join Date: Jan 2002
Posts: 2,068
Originally Posted by YucA' date='Jul 23 2002, 05:37 PM
i have always said **** insurance on a bike cause its not required in FL and quite frankly, i wouldnt be able to afford it.
07-23-2002, 10:48 PM
#9
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Join Date: Oct 2001
Location: Peoria, AZ
Posts: 10,906
hmmm. that would be nice if MN didn't require insurance, real nice! Guess i will have to look into it. Given me hope. Even for a 1st term i can't afford 3k for insurance. wtf is that bs, they said i could ride a street bike any size for $550. WTF is that, well guess it might save my life.
07-24-2002, 12:01 AM
#10
Senior Member
Join Date: Oct 2001
Location: Portland, OR
Posts: 790
Insurance is a good thing.... Although it sucks to pay.... and they are all *******.... But:
About a month ago a kid feel asleep behind the wheel and crashed right into one of our Phone Cabinets. The Cabinet has to be replaced, He actually pushed the concrete pad back a full inch (This cabinet is about 4 feet wide by 5-6 feet tall and 8 feet long). He had insurance but just the min State amount of $25K. The Cabinet costs $85K
So this poor dude is FUCKED and will be making morgage sized house payments for nothing...
About a month ago a kid feel asleep behind the wheel and crashed right into one of our Phone Cabinets. The Cabinet has to be replaced, He actually pushed the concrete pad back a full inch (This cabinet is about 4 feet wide by 5-6 feet tall and 8 feet long). He had insurance but just the min State amount of $25K. The Cabinet costs $85K
So this poor dude is FUCKED and will be making morgage sized house payments for nothing...