:36:
- Thread starter ChiBusa
- Start date
Well, I guess there won't be a Busa in my life for quite sometime. The only thing that I overlooked while getting ready to buy the bike was insurance. I just took it for granted that, well, maybe I won't get the best of rates cos I'm a new rider in the US and stuff but it would still be OK and I wouldn't mind paying the extra buck (Hey, anything for the Busa, right!!!). Well, lets check out the quotes I got from insurance companies:
1. Geico - $6000 - so much for "15 minutes could save you..." &^*%&
2. All State - $11000 - Thats the OTD of my bike...!!!
3. Progressive - $12000 - Even better...huh...!!!
4. Sentry - $6000
And I don't remember the name for this one but this guy quoted me about $20000...!!!!!!!
The only sane quote I got was from Statefarm - about $600 - Full coverage. But the guy called back after 15 minutes and said that I can only insure my bike with statefarm if I have an auto insurance with them (some new company policy). Well, guess what - I don't have a car...!!! I don't want a car...!!! I just want my Busa insured...!!!
Sorry guys but I had to vent it out somewhere. I guess I'm gonna have some
buy a hundred dollar car and pick up liability ins with State Farm and then insure the Busa too.
Liability on the car would maybe be 20 bucks a month.
Liability on the car would maybe be 20 bucks a month.
State Farm is the best, then. I have SF for 220 every 6mos!
Well, I guess there won't be a Busa in my life for quite sometime. The only thing that I overlooked while getting ready to buy the bike was insurance. I just took it for granted that, well, maybe I won't get the best of rates cos I'm a new rider in the US and stuff but it would still be OK and I wouldn't mind paying the extra buck (Hey, anything for the Busa, right!!!). Well, lets check out the quotes I got from insurance companies:
1. Geico - $6000 - so much for "15 minutes could save you..." &^*%&
2. All State - $11000 - Thats the OTD of my bike...!!!
3. Progressive - $12000 - Even better...huh...!!!
4. Sentry - $6000
And I don't remember the name for this one but this guy quoted me about $20000...!!!!!!!
The only sane quote I got was from Statefarm - about $600 - Full coverage. But the guy called back after 15 minutes and said that I can only insure my bike with statefarm if I have an auto insurance with them (some new company policy). Well, guess what - I don't have a car...!!! I don't want a car...!!! I just want my Busa insured...!!!
Sorry guys but I had to vent it out somewhere. I guess I'm gonna have some
and then go
some insurance guys and then have some more
<!--EDIT|PaNDeM1C
Reason for Edit: None given...|1150861488 -->
Or... pay cash for the busa and have no insurance and hope you never get stopped by LEO's!!! Nah, don't do that. I think if you keep looking you'll find a State Farm agent that will insure you. But it might depend on the "state" you live in. I'm in AL and my insurance is dirt cheap! I do not have a car insured w/ State Farm, but I got a lower rate just because a family member does!
When I move to LA, CA again, I'm going to make sure I have my bike reg'd and insured in AL for a year while I live in LA... to keep my costs down. It will suck to ride around LA with an AL license tag for a year... but fuggit, I don't give a farg!
When I move to LA, CA again, I'm going to make sure I have my bike reg'd and insured in AL for a year while I live in LA... to keep my costs down. It will suck to ride around LA with an AL license tag for a year... but fuggit, I don't give a farg!
buy a hundred dollar car and pick up liability ins with State Farm and then insure the Busa too.
Liability on the car would maybe be 20 bucks a month.
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Thanks a million paineless4u. Awesome idea
.
I asked some SF agents and they said that it would be OK even if I sold the car after sometime. I can still keep the bike insurance. So I'm off looking for an old compact cheap car
Liability on the car would maybe be 20 bucks a month.
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Thanks a million paineless4u. Awesome idea
I asked some SF agents and they said that it would be OK even if I sold the car after sometime. I can still keep the bike insurance. So I'm off looking for an old compact cheap car
try another state farm agent they all have different underwriters. i have state farm and no auto insurance.
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Gilcane,
I think PaNDeM1C is right that it probably depends on the state. Also what I heard from some SF agents is that the policy has been recently implemented. Guess I got a bit late.
Guru,
Thanks for the info. But got the workaround for SF (which is much cheaper) thanks to paineless4u. But yeah, otherwise I was going back and forth for going just liability. But I think I wouldn't have done it. Too risky.
[/QUOTE]
Gilcane,
I think PaNDeM1C is right that it probably depends on the state. Also what I heard from some SF agents is that the policy has been recently implemented. Guess I got a bit late.
Guru,
Thanks for the info. But got the workaround for SF (which is much cheaper) thanks to paineless4u. But yeah, otherwise I was going back and forth for going just liability. But I think I wouldn't have done it. Too risky.
Welcome, and keep us updated on your progress with the insurance and the bike. Good luck!
SF agreed to cover you with full coverage?!?!?!?
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Yes they did. And I inquired from 3 different agents too. The funny thing is that I got different quotes from all three
But the good news is that all three said that they could insure the bike and all three quotes are much lower as compared to other companies. I wouldn't crib even if I have to insure it at the highest of the 3. Its still OK.
However, the bad news is that my company told me that I might have to move to Atlanta within the next month or so. So until something is finalized (am I moving / am I not moving), I have to postpone the Busa. Sad but I guess its not that bad. I could wait a month. Maybe
[/QUOTE]
Yes they did. And I inquired from 3 different agents too. The funny thing is that I got different quotes from all three
However, the bad news is that my company told me that I might have to move to Atlanta within the next month or so. So until something is finalized (am I moving / am I not moving), I have to postpone the Busa. Sad but I guess its not that bad. I could wait a month. Maybe
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