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What motorcycle insurance company are you with? How much are you paying monthly for the bikes on your insurance policy?
 

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I don't own a motorcycle at the moment, but I've been doing some pricing on insurance policies for some bikes I was looking into purchasing.

While looking for info I stumbled on an article (for the life of me I can't remember what it was named or where it was) in which motorcycle insurance companies were compared. A quick summary of the article is that out of 5 major insurance companies, 4 (Progressive, Geico, Allstate and another that slips my mind) of them were using credit ratings, area you lived, and the type of bike you were buying to determine a rate for you. Only 1 insurance company (state farm) was actually basing it's rates on how likely you were to get into an accident such as your driving history.

This article was backed up by the rates I got when I asked for a quote for a 2010 Kawasaki ER6N.

$1k deductable, with comprehensive coverage but no collision.

Geico: $836/12 months
Progressive: $689/12 months
Met: Only sells insurance if you have another policy with them
State Farm: $386/12 months
 

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I am from Canada and unless you are 30 with a perfect record you will be paying up your ***hole for insurance. Regardless of what it is. Even a 250 is expensive as **** if you are young.
 

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Has anyone in the states had problems getting an accurate quote? I spoke to several different insurance agencies (State Farm, Allstate, Geico), and everyone did their pricing based on the CBR600 because the CBR500 was not in their systems yet, and they came our really high dude to the CBR600 being a supersport. Even when I gave them the VIN, they still were unable to get accurate quotes and estimated between $1,400-$3,000 per year, so I told them to piss off. I ended up settling with Progressive for about $640/year, but the rate drops drastically when I turn 25 in 2 months.

Anyways, just wondering if I am the only one having these problems, or if this is typical for a new model bike.
 

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I plan on going through a local insurence company here in fresno CA. They are going to do 116 for the first month then 36 for the rest. This is for full coverage. This is also without me mentioning to them i passed the MSF course which might lower it more.
 

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In the states, I have gotten very good rates from Foremost, but I'm an "add-on" to my wife's policy which is through AARP. I suspect that most of you aren't old enough to utilize that approach.
 

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I use Rider Insurance myself, which is a smaller company only available to a few certain states here in the US, and they are great and ridiculously cheap from my experience. My CBR250R with comprehensive coverage (including roadside assistance) was only 90 bucks a year. Got a quote for the 500R the other day with the same coverage limits and it's $100 a year .. can't beat that! Granted, I'm 30 and have a perfect driving record. :D

Conversely, a quote on a new Ninja 650 was about 800 a year .. needless to say that helped in my future bike decision a bit.
 

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AIS *Auto Insurance Specialist
They're broker for Foremost company
- $177.50 Per Year - Liability + Uninsure Motorist
- $395.00 Per Year - Liability + Uninsure Motorist + Theft Recovery
- $1,058.00 Per Year - Full Coverage + Uninsure Motorist
I'm 25 Years Old with 2 speeding ticket :)
 
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