BA
Pro
Posts: 1592
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posted April 18, 2003 12:42 PM
 Edited By: BA on 19 Apr 2003 11:35
OHIO Insurance rates............did yours go up???
I'm rehashing a little bit, but wanted any other OHIO residents input!
I'm curious if what Progressive is telling me is true, because it sure doesn't make much sense to me.
I was just told, rather emphatically, that **ALL** motorcycle insurance rates went up 80% from the 2001-2002 time frame/policy period, to the latest 2002-2003 policy periods. (for Ohio)
My policy that I am referencing is 6/2001 - 6/2002, and then 6/2002 - 6/2003.
Anyone know how much their bike rates went up this current period from the last policy period??
I was even told that it was ALL insurance companies, not just Progressive underwent this rate hike last year. (It was an 'Ohio' thing...)
  
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VINCE12
Expert Class
Designated Drinker.
Posts: 298
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posted April 19, 2003 07:21 AM
Mine went up a few bucks,,,but 80% that seems crazy!!I pay $327.60 a year,full coverage with $250 deductible!!!My insurance is State Farm.......
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pat830
Expert Class
Posts: 135
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posted April 21, 2003 06:45 AM
Mine didn't go up. Progressive is not being totally honest with you. I'd guess they just don't want to insure the 12 or "their" policies went up 80%. How would they know what other insurance companies are charging? Heck, rates vary with the same company from agent to agent. I use Liberty Mutual.
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busakillerzx12r
Expert Class
Posts: 234
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posted April 21, 2003 02:41 PM
mine went down and i live in ohio
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BusakillerZX12R
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Don't think your gonna roll me on your liter bike....cause your not, you little punk kid!!
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BA
Pro
Posts: 1592
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posted April 21, 2003 06:27 PM
I wondered why my ass hurt............
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zx12richard
Pro
The Green Monster..
Posts: 1133
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posted April 21, 2003 06:33 PM
Mine went down to 287 a year full coverage.... Missouri...
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cmy12rgo
Expert Class
Posts: 160
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posted April 21, 2003 07:06 PM
mine just dropped $400.00...im only payin $1250.00 a year for full coverage now.....BTW i also have Progressive.......and to think my agent said it would drop considerably when i turn 30...yeah right
 
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groove
Novice Class
Posts: 33
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posted April 23, 2003 11:45 AM
Mine went up considerably in April when it was time for renewal. I'm in the process of finding new insurance as we speak...
Groove
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Groove
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Zhooligan
Moderator
Post Whore Extraordinaire!
Posts: 3829
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posted April 23, 2003 01:06 PM
I swear the way these companies set rates is with a set of dice or drawing numbers out of a hat. I pay $1,183.00 a year with Progressive for full coverage on 4 motorcycles. My ZX12, RC51, VTR Superhawk and my pit bike (Zuma) if I took the pit bike off of the policy my rate would go up 383 dollars a year!
One thing I have found with Progressive is their multi bike discounts are pretty good. I had a ratty old 82 GS450 setting under a tarp in the back yard a couple years ago and found by insuring it I saved over 300 dollars. So if you talk to you carrier ask about the multi-bike discounts.
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To those who do not count their life in years, but in how life
has touched them in the past and how much it can hold in the
future; -- Youth is forever.
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SchraderValve
Parking Attendant
Posts: 1
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posted April 25, 2003 11:27 AM
Mine went up sixfold this year!!
I think the purchase of the Hayabusa had something to do with it
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02fast4u
Parking Attendant
Posts: 16
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posted April 30, 2003 12:06 PM
Edited By: 02fast4u on 30 Apr 2003 13:07
yes
Mine was $507/ year and $1000 deduct (what I was told by the agent when I got the policy activated) and guess what I got the actual policy from progressive about 2 weeks later and it went up to $1207/ year. This is BS... so yes I do live in ohio. I called them and they said that I have a high performance bike... why didnt the agent tell me that when he ran the vin numbers to get a price online from progressive. I am very upset
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