Hello all I am 19 years old and soon going to take the DMV test to get my permit! I graduated the MSF course and I am waiting for the graduation card in the mail! Anyway I am new to motorcycle insurance and my parents are not willing to help me so I have to make do with my income. My bike is fully paid off and has 30,000 miles. I decided to go for Dairyland insurance and for just liability I got just like about $10 a month. However as a beginner I think it is a good idea to get full motorcycle insurance just in case I mess up or slip and hit the curve! Anyway I also need help understanding the coverages. For example in Comprehensive and Collision when I put $100 deductible my over all monthly came up to about $120! but when I put $1,000 deductible in Comprehensive and Collision my monthly was about $70! so how come the lower the number the higher my monthly goes! I personally would get the full and most expensive coverage but I dont make very much! aside from other bills I dont believe I can afford $100+ a month. Lastly about the Bodily Injured the lower the number the higher the price or vice versa? Thank you all for your time!

 

get full coverage. i had liability and my bike got jacked. Guess how much i got for my loss? 0!

 

1000 deductable means if u get in an accident u pay 1000 outta pocket and they cover the rest...

 

Okay I also forgot to mention for "vehicle use" would it be cheaper if I put down Pleasure instead for to school and work?

 

that im not too sure about

 

The less the think you ride the less you pay. They look at if your only going to ride 3 days a week other then 7 then your on the road less so there is less chance your going to wreck. And for full or liability, I have liability and pay 95 dollars a year and I all so have were if my bike get's jacked they will replace it.

On the deductable for full look at it this way if you lay it down and put a clam on your bike then your paying out that 1000 dollars be for they will pay out anything and most people just starting to ride it's going to be a low speed drop.

So you put a clam on your insurance that's going to make your price go up for a few hundred dollars for repair that your going to pay for any ways. So it's all up to you on how much you want to pay.

 

If you have liability only and your bike gets jacked... you don't get ****... sorry.

 

It's honestly up to you. If you're the type of person to get an extended warranty when you buy a laptop at a store, you're probably someone who would like that full liability. I have basic/minimal coverage because these bikes aren't that expensive, if i crash it, that 1000$ deductible is a bit much to pay. When i crashed my Triumph the repairs came to about 1400, if i had that full coverage i would've paid close to a 1000 more on my insurance than i had paid, and i'd still have had to pay that 1000$ deductible. Idk if you ask me, it depends on the bike, and cost. Financially it didn't make sense for me.

 

Yep... full coverage on my bike would be over $1000 more per year... plus a $1000 deductable... if it gets stolen... I may get money to pay for it, but I'm already down $2k... In two years, I would've paid for my bike again, just in case it got stolen.

Why not, just put what you would've spent on full coverage into a savings account, in a couple years, if the bike doesn't get stolen, you will have more than enough to buy a backup, ROFL

 

If mine get's jacked, I get a new bike. It's a a extra thing they have for liability on bike's that you can get. Thank You...