Called to cancel insurance renewal on bike today

[eil]

As long as we're comparing, uh, numbers...

My Progressive policy started out at $250/yr in 2013 (liability only) and steadily rose to almost $300. But recently some of the laws changed and last May my bill was $175.

I don't think I'll get a whole lot better than that. I'd love to shop around but it seems like very few companies offer motorcycle insurance in Michigan.

[jsandidge]

I'm going to look into additional coverage. I have liability only. Thankfully the car driver was found at fault in my accident or I would have been screwed.

[hank2]

I'm at $87 per year on my GS with Progressive. It's only gone up about $10 in three years. $250k/$500k /$100k liability. Some modest UIM/UM and personal benefits. Collision and Comp. are only a stated value of $1500. Some contents coverage.

On a V-Strom I had insured with them for 6 or 7 years at similar coverages, it had risen steadily from about $300 to $580/year as the bike depreciated. That co. is well known for doing that. They do have a substantial discount for paying the year in full at billing.

I suppose they do not view me or the GS as much of threat. Of course, with that low stated value almost any damage and it's totaled. When I sold the V-Strom I dropped the policy for about 6 months, then started a new policy with the GS. I did lose all my zero deductibles due to the new policy.

[RogerW]

I pay
$190 for my 1980 gs750e (liability 2 million)
$215 for my 1983 gs750e (liability 2 million)
$245 for my 1980 gs1000s (liability 2 million)
$1400 for my 2012 K1300R ((liability 2 million collision, theft etc)
$800 for my 2020 DR650 (liability 2 million plus collision and theft)

With these policies I also get roadside assistance...which includes, among other things hotel and a flight home.
All my bikes are insured 12 months.
I will be adding the new 2022 gsxs1000gt this year as well as the 1982 1100e I recently bought.
Yep...it's a lot....lol....but it's why I work.

Just for comparison Trevor, your 2012 K1300R is Saskatchewan is $3300.00 per year with the same coverage. A good driving record would save you $700.00 , a year. Motorcycle insurance is crazy expensive here. In Sask we have Tort insurance ( meaning you can't sue the other party), I had heard BC maybe was moving toward that type of insurance( supposedly cheaper) My 1990 Sportster is $1500.00 less $250 for good driving record.

[trevor]

Just for comparison Trevor, your 2012 K1300R is Saskatchewan is $3300.00 per year with the same coverage. A good driving record would save you $700.00 , a year. Motorcycle insurance is crazy expensive here. In Sask we have Tort insurance ( meaning you can't sue the other party), I had heard BC maybe was moving toward that type of insurance( supposedly cheaper) My 1990 Sportster is $1500.00 less $250 for good driving record.

Thanks for your reply...yes we have indeed switched to "no Fault" insurance...we have been getting rebate cheques and lower premiums as a result.
It's funny that people here complain about Government run insurance...saying "it a monopoly" and we would be better off opening it up to private insurance because they would "compete for our business" and as a result our prices would come down! Lmao!!!
You just proved that wrong.
Oh and then there is our awesome collector plate program.

[Cipher]

Thanks for your reply...yes we have indeed switched to "no Fault" insurance...we have been getting rebate cheques and lower premiums as a result.
It's funny that people here complain about Government run insurance...saying "it a monopoly" and we would be better off opening it up to private insurance because they would "compete for our business" and as a result our prices would come down! Lmao!!!
You just proved that wrong.
Oh and then there is our awesome collector plate program.

[RogerW]

We only have Sask Government Insurance here for vehicles, everything is included, no choices. You can buy a package policy for windshields, car rentals, etc through SGI or private. We also have the antique plates from 1987 and older ($100.00 per yr) but they only value your vehicle at $800.00 max(deductible is $800.00 unless you have a package policy or appraisel). I'm looking for another pre 87 Suzuki and selling my sportster. I ride my 95 Dr650 more than my sportster, lol.

[trevor]

We only have Sask Government Insurance here for vehicles, everything is included, no choices. You can buy a package policy for windshields, car rentals, etc through SGI or private. We also have the antique plates from 1987 and older ($100.00 per yr) but they only value your vehicle at $800.00 max(deductible is $800.00 unless you have a package policy or appraisel). I'm looking for another pre 87 Suzuki and selling my sportster. I ride my 95 Dr650 more than my sportster, lol.

Our Colletor plate program is about 75% discount. No restrictions other you can’t ride it to work. My Cooley is insured at $11,500...the highest they would go without me getting an appraisal

[nejeff]

Details, yes, thats why I included the coverages, click the pic.

$2 million on each bike is excessive but your choice, I ride year round, ridden every month for 10 years