5th Gen Insurance

[interceptor69]

I was wondering if my rates were competitive with others of the same age bracket and bike.  Mine is slowly creeping up from around $425 a couple years ago to over $500 coming up.  What are you guys paying per year.  I'm 65.

[Cogswell]

I pay about $320 / yr for my 6th gen.  I have multiple vehicles and home policy tho - maybe that helps with discounts. 

[interceptor69]

2 minutes ago, Cogswell said:

I pay about $320 / yr for my 6th gen.  I have multiple vehicles and home policy tho - maybe that helps with discounts. 

I have multiple vehicles and home policy as well. 

[bmart]

I've been asking for decades why I nee dto pay registration on all of my vehicles instead of just one plate. The same argument about insurance as I need only theft on all but one at any given time. 

[Presson]

Hey Bmart. The registration issue is really a tax. The insurance theft issue is risk of theft from your secured garage/bunker. It sucks.  

[ShipFixer]

Every state and city can be wildly different.  Full coverage for my 6th gen is $355 for the year with Progressive in SoCal, and theft is a real issue here.  Down $96 from last year, I assume it's some kind of loyalty points thing as nothing significant has changed on my driving record in like ten years, and my other vehicles are with USAA.  In the DC area (Northern Virginia really) I want to say it was something like $500 for the year four years ago.

 

For context though this is all cheaper than four wheel vehicles.  My 19 year old Pathfinder that would be worth $1400 on trade-in costs ~$100/month for more coverage than it really needs. 

[St. Stephen]

Well, I had to check to make sure, but I pay Geico $113 per year for two bikes. I do insure two cars also from the same insurer. It is the minimum required, no extra liability or damage.

 

It's common wisdom that everything costs more in CA, but not in this case, for me anyway. Apparently YMMV.

[vfrcapn]

My '99 was $240/year with mid-level coverage (50K/100K) plus comp, no collision, at State Farm. My '20 Duc was triple that. I just moved to Progressive this week and cut those rates by 1/3 for slightly better coverage. 57 yr old and was a 25 year State Farm customer.

[flya750]

1 hour ago, vfrcapn said:

My '99 was $240/year with mid-level coverage (50K/100K) plus comp, no collision, at State Farm. My '20 Duc was triple that. I just moved to Progressive this week and cut those rates by 1/3 for slightly better coverage. 57 yr old and was a 25 year State Farm customer.

Interesting, I moved away from Progressive this year and to state farm because it was much cheaper. 57 years old, no tickets. (2015 VFR800FD)

[vfrfuzzywuzzy]

$200.00 from Dairyland,71 yrs old and full coverage,but low limits of liability coverage. 

[interceptor69]

9 hours ago, vfrfuzzywuzzy said:

$200.00 from Dairyland,71 yrs old and full coverage,but low limits of liability coverage. 

I did see they offer some relatively low rates but the coverage is minimal but not sure how much is necessary on a bike this old.