How much insurance do you pay?

[alantf]

Over here, mine's the equivalent of around $270 a year for the gz. For some reason they'll cover fire but not theft.

[IceBreaker]

I just renewed my full coverage through Geico for my GZ250 for $102 for the whole year(12 months). This is full coverage with a $250 deductible for comprehensive and collision. Last year I paid Geico $125 for the whole year. This renewal, I got discounts for the MSF course(which I passed and mailed them a copy of the completion card) and renewal discount. I live in the Chicago suburbs. My coverages are the minimum that the state of IL legally requires(limits $25,000/$50,000) for bodily injury liability each person/each occurrence and uninsured motorist each person/each occurrence. Medical payments coverage is only $2,000. Property damage liability is $15,000. Remember, these are the state required minimum coverage in IL.

[primal]

*gets annoyed at people who think state minimums is "just fine"*

I pay $180/year for $100,000/$300,000 bodily injury, UM, and UIM coverage on my Marauder. No comprehensive or collision. I think my property damage liability it $50,000.

[patrick_777]

$55 a year for liability on the GZ and the Ninja 250R sportbike. $85 a year for the Shadow 750. In a few days, I'll have more numbers.

[New GZ250]

Just under $200.00 a year, I carry full/maximum everything! Think deduct is $250.00. If I paid what Water Warrior pays, I'd buy a horse!
Don't forget this is for a 2009 bike.

[alanmcorcoran]

I don't think it's meaningful to compare insurance costs across other states, never mind other countries. In fact, it's probably not meaningful to compare within a state (rural vs urban) Plus there are age, driving record, etc. issues.

Regarding carring insurance for the year, if the bike is not on the roads, you may not need to insure it if you own it outright. If somewhat else has the title, they may require you to have insurance on it until it is paid off. Many insurance companies charge you based on your estimated annual mileage, so if you aren't using it year round you might be paying less.

Places like Los Angeles, New York City, Newark, NJ, etc. (and, apparently, Canada) are going to have much higher insurance costs than Wichita or Bozeman. Registration fees are also much higher here in CA than elsewhere. My Strat costs $192 bucks just for registration.

I do recommend you shop around. Not only are all rates not the same, but, many times there can be differences at the same company depending on how they classify your bike and if they properly qualifiy you for all available discounts. I moved my bike insurance from progressive to AAA and my cars from AllState to AAA and got better rates for both.

[music man]

Originally Posted by alanmcorcoran

I don't think it's meaningful to compare insurance costs across other states, never mind other countries. In fact, it's probably not meaningful to compare within a state (rural vs urban) Plus there are age, driving record, etc. issues.

Its really not, because not too long after I bought the GZ, I had to move over near Little Rock into a town with about 2000 people in it, and my insurance was higher than it is here in Hot Springs, My car insurance was too, And also that town was only like 35-40 miles from where I am Right now.

[music man]

Originally Posted by New GZ250

Just under $200.00 a year, I carry full/maximum everything! Think deduct is $250.00. If I paid what Water Warrior pays, I'd buy a horse!
Don't forget this is for a 2009 bike.

If I could get full coverage/maximum everything, for less than two hundred bucks I would, but I can't.

[trykemike]

Here in Toronto Ontario I pay $340.00 for liability only. For other larger bikes the rates escalate rapidly. Example H-D sportster $1100/yr and for h-d dyna my buddy pays $1450/yr a 750 shadow is $900/yr. In canada insurance is expensive. In Ontario it is outrageous. If you don't pay you don't ride. Also used bikes cost a lot more here than prices that I here quoted in this group.
Example 1996 shadow 600 with 40,000 km is $3800.00

[alantf]

Originally Posted by music man

Its really not, because not too long after I bought the GZ, I had to move over near Little Rock into a town with about 2000 people in it, and my insurance was higher than it is here in Hot Springs, My car insurance was too, And also that town was only like 35-40 miles from where I am Right now.

It's the same in England. When you apply for insurance they want the post code (zip code). I think that this lets them find the average figures in an area for such things as theft & accident statistics.