insurance?

[michaels]

Yep, sounds just like my first couple years of college. I reduced my drinking to keg parties (1-2 nights a week at $5 a bottomless cup, gets you a heck of a lot more consumables than $10 on a 12 pack.)

I can't believe how much raman has gone up in price! It used to be $.14 a pack, or $1.14 for a 10 pack for the good stuff just a couple years back!

lol. i only get out a twenty when i go to the bars. keg parties don't happen much when you get older than a freshman here. all the friends go to the bars. however, $5 a cup definitely isn't a bad deal for those poor nights! i find that buying whatever groceries you want is far cheaper than eating a lot of fast food, so really just gotta cut out the fast food rahte rthan buy more ramen! haha.

 

[R_Lefebvre]

well it has to be a dual sport, but i'm fine with less CC's. i don't really need to go faster than 50 MPH.

Then check out the WR250R, it's likely perfect. It'll purr along at 50mph easy, return 80mpg, and be cheap on insurance. The only thing about them is they are fuel injected, so it just depends on how you feel about that. If you're not trying to drive around the world, or through Africa, I don't think it's a problem.

 

[CoastalDefender]

$600/yr...

I am 28, married, good credit, and no tickets, Geico Cycle plan.

My four other vehicles are $550/6mo on our Geico Auto plan. But out two new ones have extensive mods, so it was upped a bit from the norm.

Wow, I totally screwed that up. It's not $600/yr, it's $240. I was looking at the wrong stuff when I said that earlier. Just paid my premiums today, so I was looking at it and realized I mis-quoted my premiums in this thread.

 

[RedDog]

$128./month for house, Jeep and Buell. House has extra coverage for the Santa Cruz bicycle. Allstate.

But... 50 years old and licensed riding 32 years. No tickets on a bike. None in a car for 17 years and that was 106 km in a 100 km zone (unbelievable).

 

[R_Lefebvre]

I didn't think you could actually get a ticket for that. They are supposed to allow 10% over due to speedo error. ???

 

[Bill Beers]

I didn't think you could actually get a ticket for that. They are supposed to allow 10% over due to speedo error. ???

I know if varies from state to state, and I imagine from from province to province.

For example, in Georgia, as long as you aren't in a school zone/residential section, 10 over is good to go, (though I'd reccomend 5 over to be on the safe side.



Section 40-14-8 of the GA code states:

(a) No county, city, or campus officer shall be allowed to make a case based on the use of any speed detection device, unless the speed of the vehicle exceeds the posted speed limit by more than ten miles per hour and no conviction shall be had thereon unless such speed is more than ten miles per hour above the posted speed limit.
(b) The limitations contained in subsection (a) of this Code section shall not apply in properly marked school zones one hour before, during, and one hour after the normal hours of school operation, in properly marked historic districts, and in properly marked residential zones. For purposes of this chapter, thoroughfares with speed limits of 35 miles per hour or more shall not be considered residential districts. For purposes of this Code section, the term 'historic district' means a historic district as defined in paragraph (5) of Code Section 44-10-22 and which is listed on the Georgia Register of Historic Places or as defined by ordinance adopted pursuant to a local constitutional amendment.

 

[MattScott]

Don't be afraid to get different quotes from insurance companies, I'm insuring my bike for $74 a year with geico and I'm 20. State farm was almost 400 a year.

 

[corbinwelter]

Im 22, owned and insure multiple bikes since i was 18. My Harleys over 1200 CCs were very exspensive, about $1200 a year. I went to a Honda XR650 and was paying $200 a year. all with geico, and geico was the cheapest for me. Now i dont ride with insurance because it is not required in Florida and my current KLR650 isnt worth very much

 

[dirtysouth]

I'm 32 and pay $200 a year for full coverage on a KLR650, with 100k/300k limits and $250 deductibles. Different companies rate bikes differently. CC is a minor consideration, example being a 650 cc dualsport bike will be a ton less than a 600 cc sport bike. I've had my M/C endorsement over 10 years and depending on the bike and company, the rates can be anywhere from $200 a year full coverage on a KLR650 or $2500 for a GSXR 750.

You're on the right path by looking to buy a dualsport, they are the cheapest to insure by far. Don't sell yourself short by just getting liability, get as much insurance as you can afford, especially uninsured motorist.

 

[michaels]

thanks for the continued advice. i decided not to get it now. i'm going to be moving all over the place of the next year and will be in europe for 6 months so i'm going to wait... building up a new mountain bike instead to keep me occupied!

 

[robert]

You mentioned getting liability only- I would HIGHLY recommend you price full coverage. You'll probably be pleasantly surprised how little it adds to the total cost and it's worth it with the number of bikes stolen these days. Small bikes that are easy to pick up and especially duals sports that look like dirt bikes are very popular with thieves for the same reason as quads. Thieves know they can use them off-road without having to worry about the hassle of plates/insurance/registration, etc. thus they are easy for them to use or to turn around and sell cheaply.

Taking the MSF class will usually help lower your rates a bit and is a good idea in general.

I just paid my six month premium on my bikes so you'd think I remember what I paid but I don't- sorry. Both are 2007s (coincidence- I bought the Strom new and the DRZ in January of this year) and both have full coverage on them.

 

[Bill Beers]

You mentioned getting liability only- I would HIGHLY recommend you price full coverage...

...Don't sell yourself short by just getting liability, get as much insurance as you can afford, especially uninsured motorist.

+1 on getting full coverage. And for the love of Pete, please carry liability!

...Now i dont ride with insurance because it is not required in Florida and my current KLR650 isnt worth very much

 

[MattScott]

Now i dont ride with insurance because it is not required in Florida and my current KLR650 isnt worth very much

I dont blame you, sometimes in two years you´ll pay more than what the bike is worth in insurance costs alone.

 

[corbinwelter]

How many accidents do you see by a motorcycle that caused significant damage to a vehicle or persons? I have yet to see one out of the many wrecked bikes i see daily and i work for a Harley Davidson dealership. The only insurance that protects you is uninsured coverage which is a good idea. But anything else is just about useless on a motorcycle unless it is of high value or you are not a cautious driver which you shouldnt even be riding then.

 

[MattScott]

Ive always figured if you were on a bike, and the bike caused enough damage to the car to warrant a serious claim, you´d probably be dead in the first place.