Update on Insurance

[alanmcorcoran]

Will do. BTW, I took the MSF course. It saved me about $25 on the original (wrong) $2000 premium. I think I could get the biggest discount if I moved to a less populated area, like Wyoming.

[burkbuilds]

I've got my coverage through Allstate, no collision, but I do have a $10,000 medical rider included on the policy (my wife insisted because she said it would cover any deductible from our health insurance) for $112 a year.

[Sarris]

I have mine through American Family Home Insurance Co. It's a full boat deal with 100K BI. It's $120 yearly for the GeeZer and $360 yearly for the Harley.

Also, have full replacement value for the HD.

My 2006 accident was a good learning experience (read screwing) regarding insurance. OW!!!! Screw me once, shame on you. Screw me twice shame on me.

[alanmcorcoran]

Am I just incredibly stupid (please limit your responses to one page) or are insurance rates vastly different here in So Cal?

Even with my new improved rate, we're still talking $1200 a year, just for the Strat (with collision and comprehensive.) I might have a $300K policy, but I doubt it. And the Yamaha sells for less than an HD. This is with "P" company.

Do rates go down a lot after you've been riding a while?

Sarris, what were you paying in '06?

[adrianinflorida]

Originally Posted by alanmcorcoran

Am I just incredibly stupid (please limit your responses to one page) or are insurance rates vastly different here in So Cal?

Even with my new improved rate, we're still talking $1200 a year, just for the Strat (with collision and comprehensive.) I might have a $300K policy, but I doubt it. And the Yamaha sells for less than an HD. This is with "P" company.

Do rates go down a lot after you've been riding a while?

Sarris, what were you paying in '06?

I'm assuming that the rates in SoCal are, on average, much higher. There probably are pockets of high insurance rates in other parts of the country, but the number of vehicles, vehicle thefts, accident repair costs, etc in So California are probably significantly higher than say, St Louis or Columbus, Ohio.

[Easy Rider]

Originally Posted by alanmcorcoran

Am I just incredibly stupid (please limit your responses to one page)

or are insurance rates vastly different here in So Cal?

Let's take those in reverse order:

Yes, the "rates" on a lot of things in So Cal are "vastly different".

Given the situation there with traffic and crime, if you don't understand WHY insurance is a lot higher, then the answer to the first part is: Yes, probably!! :biggrin:

[Sarris]

I paid a bit more in 06. The year of the accident.

But, believe it or not, in 07 I left the ProgOnLine Company foe AFH and got an additional discount for AARP turning 50 that year.

Insurance is complicated and designed to provide the customer with the least return on the maximum investment. Plus the agent gets 20%!!

:fu: Insurance Companies.

[primal]

I've got my insurance through United Marine Underwriters. $200/year for my KZ550 with $100,000/$300,000 bodily injury, UM, and UIM. I'm pretty satisfied with that price, given I'm only 22.