zx9r
Expert Class
Posts: 227
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posted January 09, 2002 07:03 AM
WHY IS INSURANCE SO MUCH$$$$$????
I know this topic has been brought up in the past but I am having a problem. Many of the board members have reasonable rates but I have called all over and have been quoted between 3000-5000$$$ a year. I am 29 married with no tickets or accidents.
3000-5000 is rediculous, I could buy a new bike in 3 years if I dont carry insurance. I reall want insurance. I have alot to lose but I am not going to allow someone to bend me over 
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zx9r
Expert Class
Posts: 227
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posted January 09, 2002 07:05 AM
..
I should inform you this is for the 12 and my VTX but the VTX is only 600 a year, so the problem is with the 12.
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EastBayDave
Needs a job
Posts: 2245
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posted January 09, 2002 07:40 AM
FYI I always get full coverage including un-insured/under-insured cuz of too many (4) "hit & runs." Add additional 100/300K, etc.
I pay <$700 a year for my 00' ZX12R Ninja.
It's <$300 a year for the 99' ZRX1100.
I use McGraw (Pacific Speciality Insurance) which seems to have the best rates in THIS area (CA), but always looking for better rates. I've been using them since the mid-seventies & they seem pretty good...
I griped about the difference, & my agent says 93% of the ZX12R owners have a claim in the first year.  : That's why its so much more...
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Enjoy the ride!
02' ZRX1200
00' ZX12R sold
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harryzx-12
Needs a job
Posts: 3643
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posted January 09, 2002 08:03 AM
I pay $208 every six months
Full coverage with $500 ded through state farm.It was 17 months after new that I had my crash. I went 27 years without crashin since my last one (when I was 19 1974 Z-1A 900).
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"Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways- Body thoroughly used up, totally worn out...Screaming "WOO HOO, What a Ride !!!"
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sling shot
Novice Class
Posts: 43
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posted January 09, 2002 08:07 AM
 Edited By: sling shot on 9 Jan 2002 08:11
I use State Farm in Brevard County. It was less than $600 a year but they don't offer PIP; this means any injury you incur is claimed under your health insurance at work. Not bad ... because mine at work was a $75 max co pay at the hospital versus 80% coverage on PIP. The downside is any riders are your liability.
Hey Harry ... I'm gonna try to make the stuntfest in Lakeland this Sunday. Are you going ... or no wheels?
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grabbing life by the throat and hanging on for all the thrills I can get
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Zx23rr
Expert Class
Mahogany Bomber Pilot
Posts: 242
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posted January 09, 2002 08:18 AM
cheapist insurance....
is not always the best insurance! Check what the company is offering with premiums paid. Sometimes paying 10 bucks a month will go a long way in better coverage.
As for why its SO MUCH!!!???... It's the insurance company's way of saying - We do not wish to insure you and your ride -
And if you think its expensive, look at it this way, pretend
its your million bucks and you are going to insure someone with a busa, 12r/9r, R-1/6, cbr-anything and you have to give it up "IF" something bad happens! It's a crap shoot. Bad return don't you think. You get $1000 dollars for putting up a Million!
I know this is an over-simplification, but!
Later.......................................
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SPEEDCRAVER
Expert Class
Posts: 183
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posted January 09, 2002 09:00 AM
I have State Farm as well. I pay $416.00 per year with full coverage year round with a multi car discount & $500.00 Ded. I am 33 and have no accidents since 1990 and that was a cage accident that was not my fault. Everytime this topic has come up on the boards in the last year State Farm seems to have been the lowest cost, if I remember correctly.
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I keep all of my guns loaded, to many people die from unloaded guns.
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zx9r
Expert Class
Posts: 227
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posted January 09, 2002 10:18 AM
.
I did check state farm and they do offer the lowest rate so far. i think around 800 a year for both bikes.....BUT.. they want me to give my car insurance to them also. long story short....my wife rear ended a school bus last year an they want to charge 2k a year for her car.(about 1200$$) more than we are paying now.
im screwed no matter what Î do.
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ZX12Girl
Pro
Adrenaline Junkie
Posts: 1740
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posted January 09, 2002 10:28 AM
Our Yearly Rate's -
$178 for the ZX12R
$202 for the Busa
But we have 4 cars, 3 bikes and our house unsured through the same company!!!! And we do know that they will not insure any more Motorcycles!!
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Life is an adventure. Are you driving?
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silver01bullit
Expert Class
on here too much
Posts: 333
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posted January 09, 2002 10:55 AM
You're definitely getting boned. I'm 20 and I pay less than 3k a year in insurance through Progressive. I've checked out State Farm and their rates were the same. Plus I've got a car through Progressive too so I get the multi policy discount.
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Kawdawg
Novice Class
Posts: 85
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posted January 09, 2002 04:04 PM
I am 33 yrs old and single and pay $370 a year with State Farm for my ZX 12
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Kawdawg
Novice Class
Posts: 85
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posted January 09, 2002 04:06 PM
I am 33yrs old and single. I pay $370 a year for my 12 with State Farm.
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kawachan
Pro
Posts: 1031
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posted January 09, 2002 11:13 PM
I have State Farm and they STILL insure me after they totalled my 00 12 last February. My new 00 12 is about 680 a year, but well worth it to me.
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RED NINJAS RULE!!
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Ninjaman12R
Needs a job
as a Deal's Gap tour guide.
Posts: 4767
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posted January 10, 2002 05:10 AM
State Farm..........
I pay a little under $500 a year for full coverage on the 12. Have my house and my autos insured with them as well. They paid me very well for my '99 ZX11 I totalled back in september of 2000, and my rates did NOT go up at all. My agent told me the reason why it didn't go up, but damned if I know all that insurance lingo. I heard what I needed to hear, and snatched that fuckin' check up and went and bought the 12R. 
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What we're dealin' with here is a complete lack of respect for the law.
Sheriff Buford T. Justice of TEXAS
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Scooter
Zone Head
Posts: 899
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posted January 10, 2002 05:39 AM
ZX12r, ZRX1100, ZR7 $850ish total. Where you live plays a big part.
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"Growing old is inevitable, growing up is optional."
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12RPilot
Pro
Posts: 1094
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posted January 10, 2002 05:50 AM
I'm convinced. State Farm is getting a call from me. I pay $550 a year even though I have three cars, a business and three houses insured. I think I can do better.
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If you aren't an AMA member, you're part of the problem.
NESBA #209
http://www.bikepics.com/members/12rpilot/04zx10r/
 
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Scooter
Zone Head
Posts: 899
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posted January 10, 2002 05:52 AM
Duh, Cycle Direct. I gotta go to sleep.
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"Growing old is inevitable, growing up is optional."
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zx9r
Expert Class
Posts: 227
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posted January 10, 2002 06:26 AM
Edited By: zx9r on 10 Jan 2002 06:29
...
cycle direct $1948 per year
WTF!!!!! I cant get insured. no tickets or accidents. im 29 married nd took the motorcycle safty course. this pisses me off!!!
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fish_antlers
Administrator
The Truth is Out There
Posts: 21895
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posted January 10, 2002 06:39 AM
Maybe you fit a "profile" ...
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zx9r
Expert Class
Posts: 227
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posted January 10, 2002 06:46 AM
..
thats what i mean.... i should fit the best profile. I havent even had a speeding ticket in 10 years. maybe because i live in florida????
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zx9r
Expert Class
Posts: 227
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posted January 10, 2002 06:49 AM
..
and I did NOT tell them it was a 1270.
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zx12richard
Pro
The Green Monster..
Posts: 1133
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posted January 10, 2002 06:56 AM
TRY STATE FARM.... I PAY 318 A YEAR FULL COVERAGE ON MY 12.... ON UNIQUE STUFF LIKE ZX-12'S AND CORVETTES THEY NORMALLY BEAT EVERYONE BY FAR........... WHEN I BOUGHT MY CORVETTE MY AGENT THAT I HAD BEEN WITH THE LAST 15 YEARS TOLD ME 800 EVERY SIX MONTHS AND WALKED INTO STATE FARM GOT IT FOR 340 EVERY SIX..... GIVE THEM A SHOT HOPE THIS HELPS SOMEONE SOVE SOME CASH...............
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zx9r
Expert Class
Posts: 227
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posted January 10, 2002 07:04 AM
..
STATE FARM is definitely the best price and very reasoneable. but I have to give them our cars. because of my wifes accident last year, state farm wants to charge he 1200 more a year then we pay now. There goes the good rate. With that considered, state farm is just as expensive as the rest.
i asked if we could keep my wife insured where she is and they said "no".
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zx12richard
Pro
The Green Monster..
Posts: 1133
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posted January 10, 2002 07:10 AM
I think they are jacking with you there. I moved 1 car with cheap liability only there and got the good rate on my 12..... Try another agent and try to move just your stuff and not the wifes may pull it off..... Hell the car I moved there was only a 500 dollar junker.... Worst case may take your wifes name off your vehicles and then try as you only....They want to jack with us there is a way around it....Good luck....
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Ninjaman12R
Needs a job
as a Deal's Gap tour guide.
Posts: 4767
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posted January 10, 2002 07:33 AM
Hmmmmm........
zx9r you might want to talk to another State Farm agent in your area. Some of 'em are pretty good guys, and some of them aren't. We have two different SF agents locally and there IS a difference. Some of them are willing to help you save money, others try to jack your ass and get as much $$$$ out of you as possible.
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What we're dealin' with here is a complete lack of respect for the law.
Sheriff Buford T. Justice of TEXAS
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