badazgtp
Registered
Same with me. Did drop $80 a month after my first year. Geico was the cheapest I could find. Everyone else wanted like 5 grand or more.
How much is your insurance?
- Thread starter BusaJim08
- Start date
Same with me. Did drop $80 a month after my first year. Geico was the cheapest I could find. Everyone else wanted like 5 grand or more.
BusaJim08
Registered
I know we all have diferent situations, age, tickets, # of vehicles, etc. There is a huge difference though in what is sounds like people are paying. I have no tickets, been riding for 20 yrs., single, 4.0 gpa graduate student, full coverage 500 deductable for 102.00 per/month. I dont get it. I've shopped arround and coudn't find any better.
???
???
HAYABUSA1340
Registered
im not paying 240.00 a month this summer thats forsure
Before I sold the busa I was paying $47/month for full coverage 500 deductible through State farm. I was 27 at the time. Now I am 29.
I pay about $40 a month through Victoria Ins; they insure low-risk drivers 
mike04busa
Registered
I don't have full coverage. $306 a year. Geico.
Call Bill Kolb in Pryor. He is with State Farm. He was cheaper to go with him than with the local agent here in Claremore. I am 28, single, and a clean record for the past 4 years. I am paying $175/month for the bike and my 08 Chevy crew cab. The bike costs about $35 give or take a couple of bucks.
I paid 729 dollars for my Sig 229 in 40 caliber if that whats your asking....
Florida sucks..even modest coverage costs as much as the bike.
Florida sucks..even modest coverage costs as much as the bike.
I paid 729 dollars for my Sig 229 in 40 caliber if that whats your asking....
Florida sucks..even modest coverage costs as much as the bike.
Glad to see so many othe r"self insured" folks here.
BusaJim08
Registered
Thanks I'll give him a try.
jdsbusa
Registered
SF runs me $24/month for 100 comp/100 collision deductibles. We have all vehicles and our homeowners through them which helps with discounts! 
Those of you complaining about the discrepancy in rates for similar age/marital/deductibles/other vehicles insured - keep in mind you're missing 2 critical factors used by insurance companies. Location is one, some members here live in BFE and get a huge discount because there's a much lower rate of collisions and theft (can't hit other vehicles that aren't there) Large metro areas may expose you to 1000's of potential collisions in a single day just driving to work. Myself, maybe 50-100 depending on the day of the week for my drive to work but nothing like say Chicago which would be exponentially higher due to the dense population.
2nd factor is your credit rating. It's not your FICO score you're use to seeing from Myfico.com or other actual FICO (not FAKO) scores, the insurance company has their own FICO score that has a slightly different formula to compile the score. You could be 40 yrs old, married, never a ticket and own a 10 yr old bike but if your credit rating is in the toilet you could easily pay 3-4 times more than someone 15 yrs younger, single and with a much newer bike. Just keep in mind there's more than age, marital status and deductible that go into determining what rates we all pay. Easiest way to lower your premium, improve your credit score - it makes a dramatic impact on how much you pay compared to someone with otherwise identical circumstances.
Not justifying the ins companies premiums, I hate them as much as anyone else but responsible riders have insurance to protect the welfare of others they may hurt in a crash. Smart ones have full coverage so their own property is protected as well in the event of a crash or theft (or act of mother nature). It is what it is, the only thing we can do to help ourselves is play their game and pay the required premiums to cover ourselves as well as others.
Those of you complaining about the discrepancy in rates for similar age/marital/deductibles/other vehicles insured - keep in mind you're missing 2 critical factors used by insurance companies. Location is one, some members here live in BFE and get a huge discount because there's a much lower rate of collisions and theft (can't hit other vehicles that aren't there)
Large metro areas may expose you to 1000's of potential collisions in a single day just driving to work. Myself, maybe 50-100 depending on the day of the week for my drive to work but nothing like say Chicago which would be exponentially higher due to the dense population.2nd factor is your credit rating. It's not your FICO score you're use to seeing from Myfico.com or other actual FICO (not FAKO) scores, the insurance company has their own FICO score that has a slightly different formula to compile the score. You could be 40 yrs old, married, never a ticket and own a 10 yr old bike but if your credit rating is in the toilet you could easily pay 3-4 times more than someone 15 yrs younger, single and with a much newer bike. Just keep in mind there's more than age, marital status and deductible that go into determining what rates we all pay. Easiest way to lower your premium, improve your credit score - it makes a dramatic impact on how much you pay compared to someone with otherwise identical circumstances.
Not justifying the ins companies premiums, I hate them as much as anyone else but responsible riders have insurance to protect the welfare of others they may hurt in a crash. Smart ones have full coverage so their own property is protected as well in the event of a crash or theft (or act of mother nature). It is what it is, the only thing we can do to help ourselves is play their game and pay the required premiums to cover ourselves as well as others.
Blake051300
Registered
$95 a year. No coverage for the bike but well covered elsewhere.
Similar threads
