I have a 2011 Burgman 650 Executive. The time is approaching to renew my insurance. I feel I am paying top dollar for the insurance (through Progressive) and wondered if anyone on here has any good experiences to relate. I have a clean driving record, great credit rating and am a 68 year old male. I am paying in excess of $500/year currently. Thanks in advance.
Insurance
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Where you live might be a big factor , I remember my insurance rates were a lot higher when i lived in Ft. Meyers and Tampa.
Up here in NC it's not too bad, I'm 69 this month and I shop my rates every year , have yet to find a better rate than with Progressive.
Up here in NC it's not too bad, I'm 69 this month and I shop my rates every year , have yet to find a better rate than with Progressive.
Insurance is very state specific and you can't compare. Insurance in no fault states can be expensive for vehicles that expose the rider/driver and passengers to a high risk of injury or death. Also, within a state, the location can make a big difference in price. My insurance dropped a lot when I went from the city to a very rural part of the same state.
I don't know if this will help. My initial quote from Progressive seemed high. Especially since I have multiple vehicles and another scooter insured by them. I informed the agent over the phone that my Burgman 400 is a scooter. She confirmed this, and the cost dropped substantially. Worth a try.
What's missing here is any recognition about what anyone is covered for... Everyone is throwing arounds "what they pay".. pay for what? Deductibles vary.. driver records vary, limits vary.. some carry minimum liability limits in the misguided notion that they don't have much so why carry $250,000 liability (or whatever..) .. so without that component.. this thread is useless.. and you are correct.. huge difference from State to State.. and difference within an individual State..
Up here in Ontario, the government/private insurers formed an infernal pact to gouge the citizenry.
:bonedemon:
$700 and change for the year in my case. Additional bikes are insured separately (I think I was quoted another $700ish for a dr650). These are considered GOOD rates, by the way. Payouts were recently capped and compensation slashed with the gov's blessing. To "fight insurance fraud" they said.
You don't want to know what car insurance is like.
:bonedemon:
$700 and change for the year in my case. Additional bikes are insured separately (I think I was quoted another $700ish for a dr650). These are considered GOOD rates, by the way. Payouts were recently capped and compensation slashed with the gov's blessing. To "fight insurance fraud" they said.
You don't want to know what car insurance is like.
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One thing I noticed with my insurance premiums, I had a honda elite a while back. When I added it my premium went down. The bike is gone but I still carry it with just liability. It actually saves me about $50 a year. It also helps to carry a second driver.
I do totally agree with talking about rate and not stating the limits. I actually had state minimum and did not realize it till a few months ago. The good part is that with Progressive you can make imaginary changes and see the WHAT IF. As soon as the buyer of my ex Burgman takes it away I will make some changes.
One last $0.02. My brother in law was hit by a drunk driver in March. They had insurance, 100/300/100. Medical bills of $80,000. He needed to have higher limits than the at fault driver before the UNDER INSURED part kicked in. Unfortunately my brother in law carried the same level of insurance and there is no benefit. Take a few minutes and evaluate the limits that you carry. I will probably be bumping up to 150k or 250k next. Just In Case.
I do totally agree with talking about rate and not stating the limits. I actually had state minimum and did not realize it till a few months ago. The good part is that with Progressive you can make imaginary changes and see the WHAT IF. As soon as the buyer of my ex Burgman takes it away I will make some changes.
One last $0.02. My brother in law was hit by a drunk driver in March. They had insurance, 100/300/100. Medical bills of $80,000. He needed to have higher limits than the at fault driver before the UNDER INSURED part kicked in. Unfortunately my brother in law carried the same level of insurance and there is no benefit. Take a few minutes and evaluate the limits that you carry. I will probably be bumping up to 150k or 250k next. Just In Case.
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I have a 2011 Burgman 400 and live in Volusia County, FL. I am also a senior citizen. All of our vehicles are insured thru Geico. Just for my scooter, we pay $104/yr. Check around. A different agent may make a difference. Try calling an 800 number instead of a local office. Good luck.
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And last but not least , here in Daytona I pay 180 with Geico and have the extra 3k in farkles added on .. I do have my vehicle with them though ..and my age is mmmm 70 plus
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This is a subject that has been revisited many times (do a search here). Comparing insurance premiums and rates is like comparing apples and oranges. Two people, living across the street from each other, with the same insurance company even, can pay drastically different premiums. And trying to compare insurance premiums, say, between individuals around country is like herding cats. It cannot be done.
Insurance rates are determined by a multitude of variables, to include such things as age, DRIVING/RIDING record, safety course credited, CREDIT history, ZIP code, type of vehicle, year of vehicle, marital status, whether or not you've been hopping companies, claims, address itself, discounts (safe driver, multi-vehicle, home, life), whether or not you have medical included, etc.
As such, I will simply say that with FOREMOST, I pay less than $120 a YEAR for FULL coverage on my '06.
There simply is no way to compare anybody's premiums or any yardstick to use to figure it out. Somebody who is paying a high rate with one company may or may not get a dirt cheap rate with another company.
The best way is to call yourself and make your own comparisons as trying to compare with other individual's coverage is useless. Even customer service. One person can have a helluva time with particular company (and thus would give that particular company a thumbs down) yet another person can swear by the same company for their great service. That kind of issue can be subject and not objective. So again, that leaves you with doing your own research to find the best coverage with the lowest premiums with the best company.
Your mileage may vary.
Insurance rates are determined by a multitude of variables, to include such things as age, DRIVING/RIDING record, safety course credited, CREDIT history, ZIP code, type of vehicle, year of vehicle, marital status, whether or not you've been hopping companies, claims, address itself, discounts (safe driver, multi-vehicle, home, life), whether or not you have medical included, etc.
As such, I will simply say that with FOREMOST, I pay less than $120 a YEAR for FULL coverage on my '06.
There simply is no way to compare anybody's premiums or any yardstick to use to figure it out. Somebody who is paying a high rate with one company may or may not get a dirt cheap rate with another company.
The best way is to call yourself and make your own comparisons as trying to compare with other individual's coverage is useless. Even customer service. One person can have a helluva time with particular company (and thus would give that particular company a thumbs down) yet another person can swear by the same company for their great service. That kind of issue can be subject and not objective. So again, that leaves you with doing your own research to find the best coverage with the lowest premiums with the best company.
Your mileage may vary.
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