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Main Area => General GS500 Discussion => Topic started by: Indy GS on July 26, 2005, 01:00:17 PM

Title: Cheap Insurance (Really Cheap)
Post by: Indy GS on July 26, 2005, 01:00:17 PM
So I called State Farm today about insurance quotes since I'm looking at getting a new bike next year (March/April).  Seems that for any 2005 600-650cc bike it's only going to cost me $260 for full coverage.  So those of you looking for cheap rates and have a car, move it over to State Farm and get cheap motorcycle rates (I'm 28, married with no accidents/tickets and have 2 cars and renters insurance with them)
Title: Cheap Insurance (Really Cheap)
Post by: mastrind on July 26, 2005, 01:17:35 PM
wow....nice rate....mine with Am. Family just dropped big time....went from $550 yr to $375 yr.....27 yr ol' married man.....msf....1 ticket, speeding, 12/03......1 car, renters, & life ins. on policy as well...


I'm kinda surprised that it's $260 on ANY 600 - 650cc bike......something like a GS, SV, 599, etc.....sure.....but something like a CBR600rr or ZX600rr, I'd be kinda sketchy about.....but hey, if that's all it costs, then by all means......
Title: Cheap Insurance (Really Cheap)
Post by: bcutrufelli on July 26, 2005, 02:50:54 PM
wow good rates
Title: Cheap Insurance (Really Cheap)
Post by: ktrim on July 26, 2005, 03:46:05 PM
is $87 a year for liability only good for an 89?  or should I keep looking?

35 yrs old, married,  no tickets or acidents, no MC license yet, no MSF yet
Title: Cheap Insurance (Really Cheap)
Post by: RVertigo on July 26, 2005, 03:57:23 PM
Quote from: ktrimis $87 a year for liability only good for an 89?  or should I keep looking?
Sounds pretty good to me...  But, calling 3-4 places is always a good idea.

Or you can call an agent...  They can search through just about everyone to find the best rate for you.  (Just don't go with GMAC)
Title: Cheap Insurance (Really Cheap)
Post by: scottpA_GS on July 26, 2005, 06:15:52 PM
I am 29M no tickets/accidents I have progressive liability. and I pay $69.00 a year  :thumb:
Title: Cheap Insurance (Really Cheap)
Post by: mastrind on July 26, 2005, 06:17:56 PM
oh I forgot to add.....I've got FULL coverage....$500 deducts.....at the $50/$100k levels.....
Title: Cheap Insurance (Really Cheap)
Post by: c-fut on July 26, 2005, 08:13:39 PM
wow... you all have nice rates. i thought i was getting a good deal. i just got insurance through geico yesterday. 15/30/10 basic liabilty for $133 a year. im 29/m/single for a 04 gs500f. i wish i had your rates for full coverage  :x
Title: Cheap Insurance (Really Cheap)
Post by: half liter on July 26, 2005, 08:17:47 PM
I pay $131 a year for liability only but consider it to be a good deal, as I'm 18. :cheers:
Title: Cheap Insurance (Really Cheap)
Post by: fettcols on July 26, 2005, 09:50:46 PM
State Farm is good... they only look at the engine size and year... They're not worried about the crusier sportbike thing...
Title: Cheap Insurance (Really Cheap)
Post by: fx46ch51 on July 26, 2005, 10:32:34 PM
I havent got my insurance for my bike yet but, 20 year old male, 2 exhibition tickets, 1 speeding, and 1 failing to stop.  I might have to get a second job for insurance
Title: Cheap Insurance (Really Cheap)
Post by: fettcols on July 26, 2005, 10:49:29 PM
Being an insurance agent I'll agree.... The company I work for doesn't sell bike insurance but I've written a lot of high risk policies for cars... They're not cheap. I'm not sure about the exhibition tickets but I imagine they're not going to help you any... The good news.. usually after three years you're clear...
Title: Cheap Insurance (Really Cheap)
Post by: Indy GS on July 27, 2005, 10:16:21 AM
I used to be in High Risk when I had my mustang a few years ago (V8+Convertible = expensive), but i'm in the normal category now.

I actually asked my agent about the type (Daytona 650 vs ZZR-600) and she said she only needed the CCs.  So I'm in the hunt for a comfy 600 for next spring.
Title: Cheap Insurance (Really Cheap)
Post by: scottpA_GS on July 27, 2005, 10:27:11 AM
The sad part is that accidents and tickets dont influence your insurance rates as much as your credit score does... I have a friend who has had 2 DUI's .. I have no tickets in 10 years and his (car) insurance is cheaper than mine !?!?!

So if you have bad credit, it will effect your rates more than tickets!.. bunch of crap..  :nana: