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Just got done researching insurance rates

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Old 04-17-2008, 05:12 PM
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Default Just got done researching insurance rates

Ok, i'm a 21yo male, chicago, il area. I got 3 quotes today on an 06 f4i, figuring that would be the most expensive, and then it would go down slightly as the model year got older and older.

Here is the coverage i requested (to compare apples to apples):
250/500/100 liability
1000 medical per person
500 deductible on collision and comprehensive
250/500 uninsured/underinsured motorist

here are my rates:
State Farm $1037.16/yr (added onto my car policy)
Nationwide $1201.28 (with my AMA and MSF discounts)
Progressive $803.00

depending on how tight money is when i get my bike, i will either go with the cheapest, which is progressive, or i will go with state farm, since i'm already cool as hell with my agent.
 
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Old 04-17-2008, 05:44 PM
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Default RE: Just got done researching insurance rates

Ya i go through Progressive. i did some research and got quotes and Progressive was the cheapest !
 
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Old 04-17-2008, 06:13 PM
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Default RE: Just got done researching insurance rates

try foremost
 
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Old 04-17-2008, 06:59 PM
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Default RE: Just got done researching insurance rates

I didn't bother looking around because I am under an umbrella policy of my parents, so my state farm was $50 a month full coverage, it was a no brainer. The one thing I did however like about State farm was that they only base their rates off engine displacement. It was cheaper for me to own a CBR f4i than a ninja 650 or something else of higher displacement but lower power. I don't know if this is how all companies do it, but it was just nice because I wanted a bike that falls into what most people generally consider the most dangerous breed of bikes.
 
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Old 04-17-2008, 07:12 PM
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Default RE: Just got done researching insurance rates

yea i got 50 a month from progressive and its the only thing onthe policy
im 21, indiana, perfect driving record.
and they seem to have really good service, every time ive talked to them theyve been real polite and helpful
 
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Old 04-17-2008, 07:30 PM
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Default RE: Just got done researching insurance rates

cool, i might end up going progressive to save a few bucks. just for ****s, i had state farm quote an 08 ninja 650, $1320/yr. 08 ninja 250r, $662/yr. It is true that state farm goes on displacement alone. we'll see what ends up happening though.
 
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Old 04-17-2008, 08:02 PM
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Default RE: Just got done researching insurance rates

Yeah, progressive is the way to go... at 18, I pay $600-something a year for liability. If that's not cheap, I don't know what is.
 
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Old 04-18-2008, 04:01 AM
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Default RE: Just got done researching insurance rates

lol I pay $116/yr for liability...
 
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Old 04-18-2008, 04:20 AM
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Default RE: Just got done researching insurance rates

I'm a 21yo male and I pay 33/month full coverage.........03 f4i. State Farm.
 
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Old 04-18-2008, 06:52 AM
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Default RE: Just got done researching insurance rates

Over 35yo/04 CBR F4I/Progressive 258.00 an year/ Full coveradge.
 


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