I couldn't find the thread I started about insurance prices...

anyway; I'm paying $307 for a year.  This is with one speeding ticket, I'm 20 and living in atlanta. 89 gs500

i didnt buy it yet but I hve a quote of 100 per year state minumum liability coverage

Liability is cheap in GA... my friend was out only like 75 per yearif I remember. You have full
Cool.
Srinath.

nope liability.....


being 20; a ticket, and in a fairly urban area....

Wow those are some pretty cheap rates. Let me tell you about my insurance:

I have progressive insurance at it is costing me around $1700 per year. I am 19 years old, I don't have my motorcycle license (yet - I have my permit), I have not filed any claims, I have not gotten any tickets or have been in any accidents, my bike is parked outside - not in a garage or anything, and the bike is also not secured to anything.

With that in mind, here is my coverage:

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BODILY INJURY & PROPERTY DAMAGE LIABILITY - $100,000 EACH PERSON - $300,000 EACH ACCIDENT (INCLUDES PASSENGER COVG.)  
 
PROPERTY DAMAGE LIABILITY - $50,000 EACH ACCIDENT  

UNINSURED/UNDERINSURED MOTORIST  -  $100,000 EACH PERSON - $300,000 EACH ACCIDENT  

UM PROPERTY DAMAGE $3,500/$0 DED

COMPREHENSIVE $250 DEDUCTIBLE

COLLISION $250 DEDUCTIBLE

CUSTOM PARTS & EQUIP $1,000 OR ACV $100 DED FREE

ROADSIDE ASSISTANCE
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I'm happy with it, especially considering I live in Los Angeles. Since I registered the vehicle in Northern California I also purchased insurance for Northern California, and by doing that I get it about a thousand dollars cheaper.

well I have only liability.  Mine is parked inside a garage...


My car, on the other hand, is $1000 every 6 months for liability only.  98 200sx se-r,

What...who is the insurance carrier... my friend has progressive.
Cool.
Srinath.

Am I being foolish for getting the amount of insurance that I have?

Quote from: dufoesAm I being foolish for getting the amount of insurance that I have?

how old is the bike?


I have insurance through progressive using metlife as the broker or whatever (I get a good discount through my work)  my car insurance is through geico though

Well the bike is about a month and a half old (it's an '04 500f). Even if I reduce the comp/collision drastically it only reduces the policy down maybe $100 at most. That said I guess I just need to get my license and have a good record for three years. Perhaps then it will go down significantly.

Quote from: dufoesWell the bike is about a month and a half old (it's an '04 500f). Even if I reduce the comp/collision drastically it only reduces the policy down maybe $100 at most. That said I guess I just need to get my license and have a good record for three years. Perhaps then it will go down significantly.

honestly I'd probably keep full coverage since your bike is faired..

dufoes: dude that is some $$$$$ insurance!!

I also got a quote at about $1500 through Progressive when I first started looking. I almost didn't get into motorcycling because of that!

Try McGraw, I pay $542/yr as a first year rider. It's supposed to drop down to $473 after 1 year of riding.

Oh, and that's full coverage...

full coverage on my 2004 gs500f and i pay $503 a yr and im 21 using progressive

How do you get a quote from McGraw??

With liability, comp($1000 deduct), and collision($1000 deduct), my progressive quote was less than $500, if i remember correctly. i might not be.  :dunno:

For me, 20, no tickets, not in Atlanta, just liability is only $156 a year.

Quote from: cajrovddufoes: dude that is some $$$$$ insurance!!

I also got a quote at about $1500 through Progressive when I first started looking. I almost didn't get into motorcycling because of that!

Try McGraw, I pay $542/yr as a first year rider. It's supposed to drop down to $473 after 1 year of riding.

Sounds good. Can you point me to a website?

The more insureance you get the better. Trust me on this I am watching my brother go threw over a Million in medical it doesn't take much and when you take insureance take the uninsured underinsured  cus if you get popped and they only have state minimum you are going to have a problem with money do yourself  your family and alll your friends a Favor Get  at least a 250000 coverage and write a note as to medical instructions stick it right next to your Licence saying call this person in the event of an accident.....  Its not pretty to get hit .... My brother Has been off work for over 8 months and is just getting his Licence back from the state.. Yes the state revoked his licence because he had a head injurey... But do want you want

My liability is $1500 and that is for nothing else. Freaking Ontario Insurance (though health care is free...so I guess it's worth it)

In NYC Geico quoted me $2800 for a fully insured 620...i'm sticking with Foremost/Allstate at about $1800 with $500 deductibles. This is about $200 more than i was paying to insure my '02 GS.

Quote from: dufoes

Quote from: cajrovddufoes: dude that is some $$$$$ insurance!!

I also got a quote at about $1500 through Progressive when I first started looking. I almost didn't get into motorcycling because of that!

Try McGraw, I pay $542/yr as a first year rider. It's supposed to drop down to $473 after 1 year of riding.

Sounds good. Can you point me to a website?

http://www.mcgrawgroup.com/