Ok been reading "marcee 77's" " moving up to RR" he ask basicly the same Q's I would about the 1000RR, I want to make it my next bike but I'am wondering what are you guys paying for insurance ??? thats my only solid determinating factor of going to the 1000 RR, is it going to brake me just paying for insurance????. I know the 600's are less but I really want the 1000, I've got no points on my recored it's spotless and I'am older 43 years young.

 

27 a month full coverage is what i pay through State Farm. I am 29 yrs old,married w/ a 5 month old. I do have my home ins. and 2 vehicles besides my Repsol on the policy too though.

 

Mine's about $268.00 per/year. I got it thru an insurance broker... I called every single number in the Yellow Pages. It's a Progressive policy; tonnes cheaper than Progressive themself quoted me - yeah go figure. My other insurancec Co (Farmer's was about a $1,000.00 per year... adios). This is with a $500.00 deductable.[:'(]; non-smoker; married; home owner.

My advice is: do your home work

 

Whippet, is that for full coverage? Give us the 411 on that there insurance broker. And what does non-smoker have to do with bike insurance? You'd have to be a bad ***** to be able to smoke while riding a 1kRR

 

Got quotes ranging from $4,000/yr (All State !!![sm=dontgetit.gif]) to $378/yr (GMAC) for similar full coverage (I am assuming "full" coverage means Collision+Comp.).
Needless to say who I went with!!

 

I am paying $53/month full coverage with USAA.

 

Is your policy with USAA or Progressive "through" USAA? USAA told me they don't insure bikes anymore unless you had one with them before they changed their policy.

I pay $93.5/mo with Progressive "through" USAA for full coverage on two bikes, a 2005 CBR600RR and a 2006 CBR1000RR. Each bike has a $500 deductable on fire, theft and vandalizm, $1000 deductable Colision, $100,000 per personal inj claim not to exceed- $300,000 total, and $50,000 property.

 

36 bucks a month full coverage through USAA, NOT reffered to progressive. They are not doing any more bike policies though unless you have a bike currently with them. I am 26 years old with several tickets and a licensed rider since I was 16.

 

What I have found is some insurance companies go by bike type and will charge way more because the 1000RR is considered a high-performance bike. Other ins companies just go by CC's so a 600cc Honda Shadow is the same as a 600RR, etc. when everyone knows a 600RR can run circles around the Shadow. I have State Farm and they go by CC's only.

Check around and do your homework - nothing will beat doing a little leg work. The same person in a different part of the country or even in a different part of the same city could pay different amounts.

Lots of things come in to play and it's hard to compare insurance rates with people over the internet. My .02

 

[8D]As you are beginning to gather by now, there's a HUGE range in prices. I had Farmers & my current policy (Progressive) give me a break for being a non-smoker. They also gave a a break for rider education, including MSF, Code's CSS, Spencer's school in LV & riding schools at various tracks up-n-down the Best Coast - serious. I just had to produce the papers showing I had gone thru the schools.

My policy does not cover PIP - not required in my state on motorbikes... but it is on cars - go figure. But I have fantastic health insurance from work so really don't need it. If you have great health coverage and your carrier has PIP on you see if you can get a discount by dropping that portion.

I also take a continuing ed class now and then at one of the colleges/universities (always @ renewal time) in the area so they give me a student discount... even tho' I'm an old git.

Again, let them know if you're buying your own home - you get a discount for that. And of course if you're married (I am) there's another.

I never file 'minor claims'; stuff like a small scratch in the fairing, or a broken turn signal, etc. 1) I replace that kind of stuff out of pocket. 2) Get it fixed/repaired on my own. 3) Live with it. The more claims you file, the more it impacts your quotes.

Lastly, you need to be apprised that all insurance Co's use your credit record score to calculate your rate. If you want cheaper rates pay your bills on time & keep a low debt to earning ratio. Bet a few of you didn't know that. Be also aware each time someone runs a credit report on you, your rating gets dinged - true. So don't agree to allow a Ins. Co. to run a check unless their quote is great.

Cheers