hey whats up everyone i was really close to getting a CBR600rr, i had about half the money saved up and and i was gonna finance the rest....and then i went to get a insurance quote for the bike at progressive and they told me it would cost $1500 a year if i paid it all off at once... (which i couldn't do) and it would cost a mother F****** $5000+[:@] a year if i financed it.....what the hell!!!!is this normal and does anyone know where or how i could get much cheaper insurance like at least a 1000 bucks or less a year. any information would be MUCH APPRICIATED.
thanks,
Reece

ya its gon\ing to cost that much if you get full coverage. most people fro what i hear don't get full coverage unless they finance it and do pay out the ass for insurance. if you finance with the honda card you don't need full coverage.

It is all about the insurance co. , your driving record ,age and if you are married. A friend had to sell his gsxr 1000 because he financed it and had to carry full coverage($400.00 a month) ins was $150 more than the bike payment but then on the other hand i only pay $24.89 a month for full coverage on a 1994 900rr(state farm) and it is not just because the bike is old i called about a 2005 gsxr 1300 and it was $34.00 a month.

good luck hope this helps

Man...do I feel you. Check it...Allstate and State Farm offer better rates. It really will depend on age, experience, engine cc's, etc. The best way to go with the big dawg insurance companies is to have a vehicle with the same company. That will allow the insurance company to give you a low policy because they think they'll have a hold of you if you total your bike and they have to pay for it. They'll just try to raise you premium on your vehicle...that's when you transfer to another insurance company. [:@]

hey guys thanks for all your help. i guess i'll be calling up state farm and all state. lets hope i can get the rates down.
Aloha,
Reece

That's the main reason I opted for the 600! They wanted a bundle for the 1000RR....More than my '04 Celica GTS!! I only have about 8 months of riding a year over here in NY so it's really not worth it to pay that much for 8 months on any vehicle!! I wouldn't put my bike insurance under the same company as my car because it's true that even if you get into a little fender bender with either vehicle, your insurance rates go up immensely[:@]

hey man, i had progressive ins and the price was outragous, i had to 2200, then i switched to state farm now i pay 208 for full cov and its for a full year. so my advice would be to check out state farm. by the way i have an 04 600rr. good luck

I have State Farm also, it is the cheapest I could find by a long shot. They also cover against accidental drops, or theft.

For me there are cheaper I am sure but it does depend on Age, Driving record, how long you have had you bike license, married, where in the country you live, and what policy you have with them. I am 29 , married, clean record, License for 12 years live in IL and pay just over 900.00 a year for full coverage on my 04 600RR. I use GEICO

wow gdharp600 im the same age have my bike license under a year and i have a clean record. i also ride a 04 600rr and my ins is only 208 full year and full cov. i live in pa, where you from

I am about 18 miles east of St louis MO. Being in the military and living on base may have something to do with it I hear they charge us more. Also have the same coverage as my car at 100,000/300,000 with a low deductible so its not the base policy I am from NY so the fear for being sued has always been with me. You sure that 208.00 is not per month?

well i had shelter ins on my 05 600rr. Made sure to get it pre-approved before i bought the bike because if not i was going to try for an f4i if they wouldn't cover it since my hole family goes through the same guy and we get a better deal. They said it was approved and they would cover me. Paid the insurance, bought the bike, have had it for a month. They just sent me a letter today saying at the end of the month my insurance is cancelled. So i called them up. The reason for the sudden change of mind. RR they said that they didn't know it stood for race ready and they don't cover race vehicles. I gave them the vin, make and model. You think they could have figured it out. Sounds like state farm is going to get some more bussiness. I can think of a good name for Crooks Insurance companies. Only thing where you can pay for 10 years and never need it. One accident and they raise your rates, because you are know an inscurance risk. guess there not human.

positive that 208 is the year i pay 42/mo for bike and car. it could be that its the armed forces, i have a friend based in virginia and he pays alot for his car. and in ny i dont blame you for worring about being sued.

Drksidr I am sorry I ever doubted you man. I just got back from state Farm with a new policy. I went from 920.00 a year to 320.00 a year with the same 100,000/300,000 coverage and a 250.00 deductible. Thanks for the secret. Also re financed my bike there Honda was charging me over 7% interest on my bike and State Farm dropped it to just over 5% interest so saves my about 1,000 over the course of the loan. I did find out why they do the rates like they do. GEICO, Progressive, and others rate your policy on the stats of the bike so say all those teens that go out and think they are pro stunt riders destroy there bikes and people like you and I have to pay for that. State Farm goes by you and you alone Age, Married, Riding exp, Claims Location. Not other riders. Anyway thanks again now I can afford some accessories when I get my GEICO refund.

Yeah the Ins. on bikes sure is high if your leasing your bike. I'm with Progressive and I pay about $350 a month and I'm 23.

I just bought a brand new 04 f4i and pay 29 bucks a month full coverage thru state farm.

how old are you?

yo get away from progressive and go to state farm and you will save a ton of money. progressive isnt a very good ins co. im an autobody tech and deal with ins all the time. progressive is at the bottom and state farm is the best. if something happen state farm will pay well.

glad to hear it gdharp and im glad to help. i would like to see some pics of the accesories you add from your savings. good luck

Howzit going... I am here near huntington beach cali, and AAA quoted me $1026 a year for full coverage. This is also my first bike.

My question is, i'm 19 years old, just bought a CBR 929 RR, no riding exp, and i'm trying to get insurance on it. Does anyone know how much its going to cost me if say.. I got to state farm? With also telling them that I havewent through the MSF course? (which I heard lowers insurance rate). Otherwise, could my dad go ahead and buy the insurance under his name and I use the bike....? WHat should I do.\?

State Farm could care less about the MSF course they charge you by you exp, Age, Time on bike, Claims in the past. At 19 and 1st bike I am not sure State Farm would even cover you and if they did you will pay a butt load. I had my 1st bike when I was 18 and the only people that would cover me was progressive and it was not cheap. Not sure if your dad paying and adding you as a 2nd rider would change the cost could try though. I feel ya man and I am sure everyone here has had there pockets emptied by a some company at some point in time but as long as your safe as time goes on your cost will go down. Sorry could not be help

I'm 25,in Florida,with a permit and have full coverage through Progressive on an 02' f4i,cost me $375 for a full year.I have had my car insured through them for 5 years with a good record so that probably helps also.

Update on good place for insuranc...

I was quoted $1026 for 1 year full.
I went in to register the bike with AAA, and it came out $481 a year for ful coverage.
this includes $100,000 per auto and $300,000 per accident.
I am 28 and this is my first bike.

ORIGINAL: drksidr

yo get away from progressive and go to state farm and you will save a ton of money. progressive isnt a very good ins co. im an autobody tech and deal with ins all the time. progressive is at the bottom and state farm is the best. if something happen state farm will pay well.


I agree...Progressive can kiss my ass. The people they have workin' for motorcycle claims don't know ****. One comment, insurance companies don't care how long you have been riding. Most of the time Sportbikes are more expensive because they are wrecked more often than any other type of bike. Its all based on actuary, the statistics of insurance. It also relies on your age, if you own a house, married, have kids, your driving record. I have State Farm right now. I was in shock when they told me how much money they could save me. State Farm likes to carry low risk riders/drivers.

I bought my bike last year, and i was 19 when i bought it. No one would insure me except for my car insurance company and progressive. My F2 wasnt worth enough to put full coverage on it, so i just just did the minimum for what michigan reaquired, and it was dirt cheap, i think like 220 for the whole year. and then i cancelled it for the winter and got 140bucks back!

yea i know what u mean. i wanted to finance an '05 bike too but the insurance would have been $1500 a year plus the monthly payment for the bike. ill wait till im 21 then it will drop down to like $800. which is still alot but hey.... I am paying $455 a year now for just liability. I go through Rider Insurance.

astraldweller just dont have an accident cause progressive doesnt pay well, they use alot of used parts on cars and bikes if they can find them. i deal with ins all the time with me being in the autobody field, im not saying you have a good deal with them but dont make a mistake cause you will almost triple your plan with them. good luck

FYI: I am insuring my 2005 600RR with State Farm (they also write my car and life insurance) and my rate is only $440/year for full coverage. I'm 27 and live in Michigan, BTW. Additionally, according to my agent (and she has never lied to me before) any claim that I make to the bike will not effect my car insurance; they are seperate policies--it would only matter if I had never held a policy with them before. For $20 extra a month it is well worth the piece of mind to have full coverage. Just my $.02.

I've never had a problem with progressive.A lady ran a stop sign and clipped the rear of my eclipse and progressive called me 30 min. later,told me to take the car to the paint shop and a rental car would be waiting,on top of that I got a ticket for 75 in a 55 six months ago and I still only pay $90 a month for full coverage on a turbo eclipseInsurance companies probably treat you different in other states though.I guess it helps to know the people at the paint shop also.

At the end of the MSF course, I talked to the Rider Coach/Instructor and asked him... "Hey, I'm 19 years old, no exp on bike, just passed the MSF course, and it says on the certificate that it can be used to lower insurance rate with SOME companies, do you have an idea which off the top of your head?" and the answer was that i have a better chance going with the smaller companies because they have a better chance in accepting to giving you a discount for taking the MSF course, whereas the bigger ones DON'T CARE if you have passed the MSF course or not.

yeah, I told state farm that I had passed the MSF course and they could not have cared less

OK OK OK...

Im 20, 5 no registration tickets, 5 no insurance tickets, 3 driving on a suspended, 2 driving on a revoked, 1 running a redlight, 1 failure to make a complete stop, 1 no seatbelt, 1 speeding 7mph over (bastard)!!!

I pay 52$ a month for full coverage, and 18$ a month for a $50,000 life insurance and DI policy... I also pay 30$ a month for liability and uninsured motorist and medical on a 2000 taurus. That car isnt mine, I insured it under me for the bike lol....

So its not impossible to get GOOD INSURANCE RATES... The insurance company I go through is Country Insurance, a branch off of Allstate...

YOU PAY 5000$ A YR CAUSE THE NAMES.... GET A COMPANY WITH THE SAME SH*T AND ITLL BE 90% CHEAPER LOL...

Progressive quoted me 6000$ a yr I believe, and gieco said they couldnt insure me, and allstate UNDER MY PARENTS POLICY WANTED LIKE 800$ A MONTH FOR LIABILITY...

I said go eat my nuts, and talked to EVERY RIDER I came in contact with and found an old friend of mine that was a insurance agent... And he's been hookin everyone up ever since...

Dude, I don't suppose your friend can hook me up in Phoenix? I'm paying 1200 a year for liability through Progressive since nobody else would insure me. I have 1 accident in a car and 1 failure to make a complete stop also in a car. I seriously need full coverage but can't find a company willing to cover me.

Ill call him monday. Ill check if there is a branch in your area, if there is. Im sure he can get you good rates. He takes care of at least 75 of my friends and refferals.

i am 19 and on my own state farm insurance, 0 accidents no tickets and pay 864 FULL COVERAGE per year, i got my buddy insured too at an extra 864 year for him, and im rockin the 05 6RR so is he

WHERE DO YOU LIVE THOUGH?

Those are good prices..

i live in michigan

Wow....I'm only paying $314.00 a year on a brand new '05!!! (State Farm) NY:)

I'm 25, have had no tickets, no wrecks, and have held a motorcycle license for eight years. I called Geico (with whom I have two cars insured) and they quoted me $1900 a year for an '05 600rr! Insurance is such a rip off.........I hope State Farm is significantly lower.

Hi everyone,
I'm new to the bike world, and I just bought my CBR last Friday. I specifically financed through a company that wouldn't require full coverage so I could just get liability. Full coverage for me (25 yr old male, married, clean record for 9.5 yrs) was $2200 with progressive.

Now, I was in disbelief when I was reading all these postings about State Farm, so I called them for myself.

Man, Gieco ain't got anything on State Farm. 5 minutes could save you 90%. They quoted me full coverage at $341. [:-]

Make the call, it possible that it could save you TONS of money....

I had the same thing happen to me with progressive. I checked Geico and they wanted 1200 a year. For kicks I called my current provider who does our two cars and house and they gave it to me for 600 a year full coverage. We use AAA Insurance which has other benefits too. I am older and I don't have any tickets so that goes in my favor, but they are one of the big ones and I was pleasantly surprised.

I got an OK quote from progressive. 2500 a year full coverage. Im 23, single, have speeding violations, safety course, licensed 7+ years. For liability it was dirt cheap. But i have full coverage and gap insurance to cover any difference between stated value and financed value. my bike will be paid off if anything happens to it. Alot of people stack on race bikes, gotta pay to play

2500.00 a year OMG I wouldnt even ride if mine was that high. I'll stay with 303.00 a year full. Go State Farm

I went wite Country Insurance they only go by the cc rating and not the type of bike. It dose make a difference on your credit score(allthough it shouldn't) but I'm paying $24 a month on a 05 cbr600rr

As posted earlier (sorry I dont get on here much) I pay 29.00 a month full coverage. Im 31, only have permit and brand new bike. Of course I have a car financed through them and my other cars and home owners thorugh them too. State farm doesnt go by exp just age and prior accidents. I got a nice discount cuz Ive been with them for years and years and all my vehicles are insured with them. they dont even care if its a sport bike or not they just go by the cc of the bike. I asked the lady who did mine up and she said they dont care if its a race bike or harley or whatever you pay more for more power i guess. Ive been happy with them and happy with my new bike. Now if I could just pass the driving test ;).

I had an awesome ins carrier last year. $480/year for full coverage $100 deductables. Something that good just couldnt last. I got a DUI in september and that particular carrier doesnt insure high risk clients. So i moved it over to progressive and now I'm paying $680 year for Liability. Thats the best rate that i could find anywhere, and trust me, I looked. If I would have went with Full Coverage, the best rate I could find was $3000/year. And no way am i ready to pay that. I'll just make sure to keep the stunts to a minimum for a while until next march i turn 25 and my rates will drop considerably.