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GS500 Insurance

Started by adam, October 23, 2007, 10:37:35 AM

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adam

Anyone know of any good insurance company to insure the GS500 in IL.

Thanks.

CndnMax

i hear a lot of people say state farm is really cheap  :thumb:

Chuck

I use Progressive in NY, just because they insure my cars.  A year of minimum liability is less than $100.  As to your question, I don't know if they're necessarily "good" because I've never crashed [into anything].

mullethunter3

Myself and a couple of riding buddies here use Progressive. Mine's fairly cheap considering my age and many tickets.


1992 GS500E : Franken-bike in progress STILL
2004 SV650S : Current daily rider/modifer

2004 GS Carbs for sale: http://gstwins.com/gsboard/index.php?topic=51045.0

Y2K6GS500F

Progressive was the cheapest for me. The Total was $67.00 w/ Roadside Assistance. It first quoted me $100. When I entered my VIN during the online purchase, it dropped to $67.   :)

I Got 50k/100k/25k Injury and Property Liability. I did not want to take the risk of being sued, if anything was to happen.

I got Comprehensive with a $250 deductible, to cover any damage that's not the result of a collision (Theft, Vandalism, Weather, Fire etc...)

I didn't get Collision as I figured the other persons insurance would cover my damage if the accident was their fault. If it was my fault, then I deserve to pay for the damage to my bike.       I'll most likely add Collision later, as it only added about $70/yr to the cost.

I didn't get Uninsured Motorist, as it only covers Medical. I didn't see the need to pay twice, as my My health insurance should cover me.

It also included a $1000 of accessory coverage for free, and Roadside assistance for the bike was only $8 for the year.

Anyway, it was cheaper than I thought it was going to be.    My friend quoted the same coverage on his R1 and it was likse $400  :o


2006 Suzuki GS500F- Jetted, K&N, Jardine Full Exhaust, Sonic 90 Springs, Pirelli Sport Demons

RobTheTyrant

I stay away from progressive because they bent me over and dry f***ed me hardcore when I got in an accident with my car under their insurance and they're alot more than my company.  I'm at 320/year full coverage, $250 deductible compared to 425/year w/ $500 deductible.
Grind the pegs down with asphault!

lowcountrygs

I have progressive because they were the cheapest. 21 yr old single male min coverage is $100 a year.
1996 GS500, Wileyco muffler, K&N Lunchbox, 40 pilots + 150 mains, 15t sprocket, R1 tail light, progressive fork springs

highnoonhunter

I have Nationwide Insurance.

My bike is still fiananced so I have full coverage on it. I can't remember the plan, but it's the same coverage as I have on my auto. The cost is $250 per year. Which includes AMA membership, roadside assistance, etc.
2004-GS500F, Pod Filters, jetting: 22.5/65/147.5 & 3.5 turns, Custom exhaust, Fenderectomy, "universal" front signals w/sylvania #105 bulbs, 3/4 fairings, MC Enterprises Case Guards, 1" Mirror Extensions, SW-Motech bar Risers, Z-G Sport/Touring WindScreen, Progressive Fork Springs w/ 10wt oil

Kasumi

Just to make you all feel better about how much you pay for insurance.

My insurance statistics.

18 year old male, no accidents, no tickets. 2 years no claims.

ZXR400  £350 ($700) per year for Third Party Fire and Theft (TPFT) - this covers you for damage against another vehicle or if your vehicle is burned or stolen. It doesn't cover accidental damage to your own vehicle.

Now for my new car --- wait for it (drumrole)

£1300 ($2600) per year TPFT. Fiat Punto Sporting 1.4L (yes only 1.4L engine)

I can't afford to pay for fully comp even though my car is worth alot because fully comp is £2300 ($4600). How does your insurance look now? hehehe, the grass is greener on your side of the fence or rather pond! for sure!
Custom Kawasaki ZXR 400

Jay_wolf

#9
My Insurance ,

20 Years old . No Accidents , banned for speeding , for one year , no no claims

Gs500 With a Agreed value of 2500 pounds (5,000 us dollars)

333 pounds TPFT

My New 50cc two stoke , i just bought , Gilara DNA 2004  Just for round town , whilst the Gs is on the Build
358 TPFT

Wierd or what
Edit: Mispelt Claims , with Laims
2001 Gs500 , Katana Gsx Front End, K3 Tank,, Full S S Predetor System ,Bandit Rear Hugger,Goodridge S S Break Lines ,  Belly Pan , , K+N LunchBox, Probolt Bolts, FSD Undertray With Built in Lights And Indicators. 
2008 Megelli 125 SM 14bhp
1996 Honda NSR 125cc 33bhp
2001 Mercades A160  115bhp

ABSOLUTNATI

Check with FOREMOST. My agent found them to be almost half the price of others for myself compared to Progressive, Geocp, etc.

manofthefield

Gotta shop around... it's different in every state, and for every person and their situation. 

I'd try with the same company you have other policys with (if you have other insurance).
Then I'd call places like state farm and allstate.
While you're waiting for them to call you back with a quote, get online quotes from places like progressive, geico, bike-line

Bike-line was cheapest for me when I lived in WI, now I'm with progressive and it's a little cheaper for me in MI
motorcycleless
1998 GS500E sold 6/20/11

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