I just picked up a 2002 Deuce, im 25 and want minimal coverage. What do you guys think the best way to go as far as insurance is? What should I expect to pay? If you dont mind maybe fill me in on some of your rates for an idea Thanks much!
Motorcycle Consumer News ran an article about insurance coverage a few months ago. Bottom line: rates vary dramatically by age, location and vehicle.
There is no way to compare the rates on a dollar for dollar basis. One company may be cheaper for one rider while another company may be cheaper for another rider driving the same kind of bike. There is no one best or cheapest motorcycle insurance company.
By the way, Progressive insurances a lot of bikes.
My carrier? USAA 100/300/50 w/500 ded & full coverage--$190/6 months for a 2000 FLHTC. Lisa's 2002 FXDL is $225 for 6 months, same coverage. We live in So Cal, just outside of LA. My neighbor on the other hand is younger, has had some tickets and pays $450 for less coverage.
I pay $525 p/yr for a 95' Sporty 1200 here in Mass. This state sucks when it comes to insurance. There is no such thing as competition. The insurance commission regulates the rates. I pay higher rates for living in the city. I don't understand it. Living in the city is a higher risk than those living rurally. Hell, they all have to drive to the city to work. Are'nt they more of a risk to me? Just venting...........
I am paying roughly $300 a year for my 2002 sporty.
my colleague got a 2001 an his quote from the same insurance (bike line/ markell) was over $700. The reason, he is not married.
Believe it or not being married makes a difference for insurance companies....they think your wife is gonna give you s....t and not let you drive your bike anytime you want to....
I guess having a wife comes handy every once in a while
Just kidding of course (maybe).