That's BS
My gen2 Busa was around $80 a month full coverage with Progressive(cheapest of anyone for me), for 11 months a year.
A GSXR1K, even 4 or 5 years old was $160 to $180 a month!!! WTF!
Busa is "Sport Touring", GSXR is "Sport".
Oh, and I'm 38, married, have good credit, no tickets in over a dozen years, a MC licencse, and a Class A CDL.
Insurance is the reason I have yet to buy another GSXR1K...and the reason I sold my last one.
I HATE insurance companies!!!!
If you mean it's BS as in that's a huge ripoff, I agree. If you mean that's BS as if I'm lying, here is my coverage and cost from Progressive (first number is 2014 Hayabusa, second is 07 DR650SE):
BODILY INJURY & PROPERTY DAMAGE LIABILITY $88.00 $12.00
BI $30,000 EACH PERSON - $60,000 EACH ACCIDENT
PROPERTY DAMAGE LIABILITY - $25,000 EACH ACCIDENT
UNINSURED/UNDERINSURED MOTORIST BODILY INJURY $155.00 $30.00
$30,000 EACH PERSON - $60,000 EACH ACCIDENT
COMPREHENSIVE $1,000 DEDUCTIBLE $486.00 $22.00
COLLISION $1,000 DEDUCTIBLE $1,038.00 $21.00
ACCESSORY COVERAGE $3,000 INCL INCL
ROADSIDE ASSISTANCE $10.00 $10.00
UNINSURED MOTORIST PROPERTY DAMAGE - REJECTED
PERSONAL INJURY PROTECTION - REJECTED
Premium by Vehicle $1,777.00 $95.00
Automobile Burglary/Theft Prevention Fee $4.00 (Hayabusa only - DR doesn't have this fee)
I'm 39, married, own my home, have several other cars on the policy, have a $1000 deductible, haven't had a ticket since 2004 (and it was innocent - first time on a country road, going 45 in a 35 - never saw the sign) and I just checked with Experian which says my credit score is 817. I'm perhaps getting screwed it sounds like? I shopped around with GEICO but didn't bother calling a ton of different companies. You guys are getting this coverage for less than 1K/yr? I went full out since I moved from Alaska (low risk of theft) to Texas (I worry about it more), but collision is the big expense.
**Edit - I dropped the collision and it's down to $743/yr so about $62/month. You guys have collision on your policies?**