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-   -   Insurance HELP ME! (https://cbrforum.com/forum/off-topic-6/insurance-help-me-62729/)

matt_m427 03-18-2008 08:28 AM

Insurance HELP ME!
 
Hey guys, well... I just bought a 2006 CBR1000RR, it has 3400 miles, never been dropped and I paid $7500 for it.:) I'm going to pick it up today. I was wondering how much you guys pay for insurance and who you guys use as your insurer. Full coverage looks insane on this bike! Geico quoted me $7000 a year!!![:@]

woo545 03-18-2008 08:31 AM

RE: Insurance HELP ME!
 
Well, that seems a little absurd....unless you have a bad driving/riding record.

Check out this thread...lot's of talk about insurance in there...

https://cbrforum.com/m_496033/tm.htm

Ty 03-18-2008 08:33 AM

RE: Insurance HELP ME!
 
They really quoted you the price of your bike as a yearly premium. WTF?

How old are you?

SchiraF4I 03-18-2008 08:34 AM

RE: Insurance HELP ME!
 
06 F4I with progressive is about 80 bucks a month for full coverage

isolated1523 03-18-2008 08:36 AM

RE: Insurance HELP ME!
 
STATE FARM STATE FARM STATE FARM STATE FARM.

Got it? :D

-Adam

sixhundredrr 03-18-2008 08:49 AM

RE: Insurance HELP ME!
 
Yeah, SF is going to be your best bet for a decent rate, but it still won't be great since you chose a 1000.

matt_m427 03-18-2008 08:53 AM

RE: Insurance HELP ME!
 
I turn 21 in 3 months and only have one ticket from when I was 18. I was doing less than 15 over, like a 67 in a 55 or something. I was devistated at that quote from Geico, ridiculous. Thanks for the link!

matt_m427 03-18-2008 08:55 AM

RE: Insurance HELP ME!
 
Yeah, I know litre bikes don't get very good rep with the insurance folks, it was a really good deal though and just right down the road. I started off looking for a 600RR but happened upon the 1000.

Shocktroop 03-18-2008 09:46 AM

RE: Insurance HELP ME!
 
Geico quoted me on my 06 1KRR something insane like that, so went with progressive, was 1300 a year, full coverage, I'm 31 zero claims, tickets or accidents. Called State Farm after reading about them so much on here, they quoted me at 435.00 a year, with better coverage and lower deductables. Guess who I use now..............

sixhundredrr 03-18-2008 11:18 AM

RE: Insurance HELP ME!
 

ORIGINAL: Shocktroop

Geico quoted me on my 06 1KRR something insane like that, so went with progressive, was 1300 a year, full coverage, I'm 31 zero claims, tickets or accidents. Called State Farm after reading about them so much on here, they quoted me at 435.00 a year, with better coverage and lower deductables. Guess who I use now..............

This is exactly why I switched. My rate for the bike was 1/2 of Progressive with more coverage and lower deductibles. Don't get me wrong, Progressive is a good company. They take care of you after an accident so fast it'll make your head spin, but I just can't afford their rates right now.


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