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Insurance rates for new riders!

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  #11  
Old 04-23-2007, 04:15 AM
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Default RE: Insurance rates for new riders!

ORIGINAL: TTLC603

Yeah thats a crazy quote, I am 21 and mine is 66.00 a month for liability, because I figure if I crash my bike its going to be #1 totaled or #2 cheaper then my deductible would be so...
yep thats kinda how i see it i just dont have the money for full coverage
 
  #12  
Old 04-23-2007, 06:04 AM
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Default RE: Insurance rates for new riders!

I'm 20 and I pay under $500 a year for full coverage through AAA. You really need to be smart and shop around. Patience is key here.
 
  #13  
Old 04-23-2007, 10:15 AM
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Default RE: Insurance rates for new riders!


$9,000.00 per year
[sm=jawdrop.gif]


That is the most insane thing I have ever heard! are you sure thats correct?

I'm 32, married, kids, all my stuff is through nationwide, house, 2 other cars, and I still pay $520yr full coverage.

State Farm is the cheapest, but only if I switch everything else over. otherwise its just not enough savings to worry about.


 
  #14  
Old 04-23-2007, 10:57 AM
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Default RE: Insurance rates for new riders!

500/yr for full coverage, just liability would be around 200.
 
  #15  
Old 04-23-2007, 12:06 PM
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Default RE: Insurance rates for new riders!

I just barely got progressive to give me 450 a year for minimum liability. Full coverage would have been rediculous, and I don't need it. Definitely shop around, or go through a broker who can give you the best quote. I really don't know canada's rules, so it might be much more.
 
  #16  
Old 04-23-2007, 12:15 PM
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Default RE: Insurance rates for new riders!

I hate to even do this but, I pay 48 dollars per year for liability on an 01 F4i! Sorry, but some of these rates are incredible. This is through Allstate and I had a few years experience, too. Shop around, you can find a better deal than that. I don't know if Geico is in your area but try them. Good luck!
 
  #17  
Old 04-23-2007, 12:26 PM
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Default RE: Insurance rates for new riders!

$1476 for full coverage through progressive, 06F4I, 21yrs old 4 speeding tickets in last three years.
 
  #18  
Old 04-23-2007, 12:41 PM
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Default RE: Insurance rates for new riders!

9 g's Damn! man i am almost the exact smae situation as you. I am 19 and this is my first bike. I got a 600 and I have gotten 2 tickets in my day. I got liability through progressive for $300 a year. From everything i read on this forum they seem to be the cheapest. I recommend you check them out (not sure what they do in Canada). When i was looking Geico quoted me $800 for the same coverage. $9,000 is a lot a bull man! and like someone else said. There isnt anything wrong with starting on a 600, just take it slow man
 
  #19  
Old 04-23-2007, 12:42 PM
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Default RE: Insurance rates for new riders!

Hey cbrfan, I too had 0 riding experience, and started on the F4i. I took the MSF course however, and took my time to learn. If you're anything like me, and are fully respectful of the bike, and realize **** will happen, you will probably do fine. It's hard to speak for everyone as to what a good first bike is. Just don't rush things. Also, welcome to the CBR world! lol glad to have you
 
  #20  
Old 04-23-2007, 12:51 PM
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Default RE: Insurance rates for new riders!

DAMN! I pay $169/year for liabilty through progressive.....at geico it was $465/year....
 


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