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7/4/04 R.I.P. my blue '03
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I'm so tired of hearing about people buying the R6 as their first bike and not doing any reasearch at all on insurance costs. Then to make it worse, they decided that they don't need full coverage insurance on their newly financed sportbike. Aside from the risk to life and limb that we all experience on a day to day basis riding these things, this is just a dumb idea due simply to the fact that eventually it will get wrecked or stolen. It's like screwing without a condom; you may not get herpes this time, but sooner or later.....

It's a fucked up world that we ride in, so do yourself a favor: if you're thinking of buying a new bike (especially if you're a newbie), get yourself full coverage. If some dumbass, cellphone weilding soccer mom doesn't hit you with her Lincoln Navigator, you can bet some jobless fuck is waiting to snatch your baby while you sleep (that chain you have wrapped around it won't stop them).
 

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Ruenin said:
I'm so tired of hearing about people buying the R6 as their first bike and not doing any reasearch at all on insurance costs. Then to make it worse, they decided that they don't need full coverage insurance on their newly financed sportbike. Aside from the risk to life and limb that we all experience on a day to day basis riding these things, this is just a dumb idea due simply to the fact that eventually it will get wrecked or stolen. It's like screwing without a condom; you may not get herpes this time, but sooner or later.....

It's a fucked up world that we ride in, so do yourself a favor: if you're thinking of buying a new bike (especially if you're a newbie), get yourself full coverage. If some dumbass, cellphone weilding soccer mom doesn't hit you with her Lincoln Navigator, you can bet some jobless fuck is waiting to snatch your baby while you sleep (that chain you have wrapped around it won't stop them).
ditto - You would be surprised by the amount of people (mostly young) who do not have insurance coverage or even a cycle endorsement
 

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Ditto Ditto Ditto!

Just the other day, a guy I know in town swapped bikes with a buddy and took some girls for rides. Tragically, his buddy wrecked his pretty '03 R1 with the girl on the back. No insurance, no plates, notta. Girl went to the hospital with all kinds of rash and who knows what else. She'll probably sue everyone she can get ahold of, and quite honestly, I hope she does.

The moral? Don't buy a bike you can't afford, let alone one you can't afford insurance on...

~Z~
:thumbup
 

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I guess that makes me the intelligent newbie. I did all my research/hw as far as costs for making the R6 for my first bike. Some people just don't think clearly when it comes to something they want. I, on the other hand, was prepared for all costs that are about to be heading my way. By the way, my monthly payments on my bike are only $39 a month and full coverage insurance is only $88 a month with a 25/50/25 coverage. :rockingba
 

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well, got my insurance and it's only $20 more a month when i added it to my car policy.. USAA rocks...
 

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just got full coverage on an 04 financed... got it through statefarm, and it's only $28.something a month. I did have to move my truck over to them too, as they don't just do straight motorcycle... but how can you beat that price? :)
 

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Taylor said:
just got full coverage on an 04 financed... got it through statefarm, and it's only $28.something a month. I did have to move my truck over to them too, as they don't just do straight motorcycle... but how can you beat that price? :)

How is your driveing history?
 

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yeah, it's a big thing, not so much value of the bike but the size of the engine

i had a great insurance experience at the dealer, i was all set to pay a certain rate through progressive but then they put me through mcgraw ins. saved me a ton of money and put me at 100/300 coverage!

i'm paying a little over 110 a month for 9 months on a 12 month term (you get 3 free months)

i've got full liability with theft protection, if i f*ck up my bike it's my own fault, that's how i look at it

-mike
 

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Yea Statefarms prices are amazing, I got the quote from them and everything, I was ready to have my parents switch all the cars and my bike over. They then let me know they cant write the insurance because all 3 drivers in my family have had one accident and my mom had one speaking ticket in the last 5 years!!! It blows cause I have progressive and they suck so bad I dont think they should be an insurance company. By the way being 17 with a brand new R6 is the best feeling in the world untill the time of the month comes when your insurance payment is due!!!Bash on me all you want for not doing my damned research but I got a good job and in one more year I will be 18 and get away from Progressive
 

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tararan said:
well, got my insurance and it's only $20 more a month when i added it to my car policy.. USAA rocks...

I have to agree ...USAA is the best! I don't have the bike yet and I just got my license (noob to the fullest) but I got quoted $19 a month for full coverage with a $250 deductible. The best part is my car payment is $130 a month and with the bike it'll be $117 a month...love the multi-car discount. It's like I'm getting bike insurance for free and some....
 

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Insurance Bites

Yea, I have been looking at insurance on a new bike and I had an insurer tell me that I should just buy a used one because of insurance on a new one alone!!!! Grrrr, definitely need some help finding an insurance carrier, too bad i'm not military :mad:
 

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My husband and I swapped our bikes to state farm as well because no one could come close to their price for full coverage. We insure an R6 and a CBR 1000 with them. The agent told us they insure bikes as a courtesy when you have insurance with them on another vehicle so we put one of our vehicles on the policy as well. The only drawback is they do not offer any other discounts on the policy. I tried to get a discount for taking a MSF class and they stated their rates are already so competitive they do not offer any other type of discounts.
 

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I would have to agree, I am young (22), Although my new bike (04 R6) is not my "firstbike", but I have full coverage through StateFarm(socaL), and full health insurance. Its way to dangerous walking down the streets these days not having health INS, but riding a motorcycle is a lot more dangerous with those maniac cage drivers. PLEASE PLEASE Insure your bike, And your self!!!
 

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Taylor said:
just got full coverage on an 04 financed... got it through statefarm, and it's only $28.something a month. I did have to move my truck over to them too, as they don't just do straight motorcycle... but how can you beat that price? :)
That's what the first statefarm agent told me ..."sorry, we don't do motorcycle only policies". Well, i called the one about a mile down the road and they said "SURE WE DO" i gave them my info, they gave me a quote of $329 / yr full coverage ($250 deductables) and I only had to have the first two months $$ down ($56) they called it something like their "star" program. You earn stars while having coverage through them as long as you have no faults and eventually you get better discounts. I now have my PAID FOR '02 with Full coverage insurance. At that price, i may just add some extra coverage. Like MEDICAL, and cash benefit. that would make my yearly premium about $380. hmmmm
 

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I'm pretty new to getting my own insurance..

What coverages and premiums are you guys using?

I've done a Geico and Progressive online quote with these settings

Bodily Injury Liability(BI) --- $50,000 / $100,000
Property Damage Liability(PD) --- $10,000
Pedestrian Personal Injury(PED-PIP) --- $50,000 limit per person per accident / no deductible
Medical Payments(MED) --- $500
Uninsured Motorist(UM) --- $25,000 / $50,000
Comprehensive(COMP) --- $1,000 deductible
Collision(COLL) --- $500 deductible


and got $3912.00 for 12 months


After I took out the:


Medical Payments(MED)
Comprehensive(COMP)
Collision(COLL)

It came out to a more reasonable 880 +-

I'm wondering what constitutes "full coverage", and what premiums are most common.
 

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Ruenin said:
I'm so tired of hearing about people buying the R6 as their first bike and not doing any reasearch at all on insurance costs. Then to make it worse, they decided that they don't need full coverage insurance on their newly financed sportbike. Aside from the risk to life and limb that we all experience on a day to day basis riding these things, this is just a dumb idea due simply to the fact that eventually it will get wrecked or stolen. It's like screwing without a condom; you may not get herpes this time, but sooner or later.....

It's a fucked up world that we ride in, so do yourself a favor: if you're thinking of buying a new bike (especially if you're a newbie), get yourself full coverage. If some dumbass, cellphone weilding soccer mom doesn't hit you with her Lincoln Navigator, you can bet some jobless fuck is waiting to snatch your baby while you sleep (that chain you have wrapped around it won't stop them).

i got comprehensive coverage when i bought my bike so im covered for theft and whatnot......if i dump the bike im paying for it to get fixed. The difference between full coverage(2400 a year) and Comprehensive (800 a year) was well worth the risk. I bought my bike in april 03 as my first bike and have not dumped it even once. Nothing wrong with a newbie getting an R6 as long as they relize that any bike can kill you in the second you dont respect it. :thumbup
 

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Ruenin said:
I'm so tired of hearing about people buying the R6 as their first bike and not doing any reasearch at all on insurance costs. Then to make it worse, they decided that they don't need full coverage insurance on their newly financed sportbike. Aside from the risk to life and limb that we all experience on a day to day basis riding these things, this is just a dumb idea due simply to the fact that eventually it will get wrecked or stolen. It's like screwing without a condom; you may not get herpes this time, but sooner or later.....

It's a fucked up world that we ride in, so do yourself a favor: if you're thinking of buying a new bike (especially if you're a newbie), get yourself full coverage. If some dumbass, cellphone weilding soccer mom doesn't hit you with her Lincoln Navigator, you can bet some jobless fuck is waiting to snatch your baby while you sleep (that chain you have wrapped around it won't stop them).

Ditto:p :beathorse
 
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