What kind of insurance rates should i expect?
DJ asked:
I am planning to get a bike next spring but am going to save up over winter for it. I am looking for a sport bike but nothing to crazy. (GSXR) (Ninja) (R6). This is going to be my first bike but i am going to take a 25 hr class that teaches you how to ride and everything. I’m 19 and live in NY. No accidents and have already taken defensive driving. I pay about 2 grand a year for car insurance. How much should i expect to pay for motorcycle insurance? Also wouldn’t mind any opinions on this.
I am planning to get a bike next spring but am going to save up over winter for it. I am looking for a sport bike but nothing to crazy. (GSXR) (Ninja) (R6). This is going to be my first bike but i am going to take a 25 hr class that teaches you how to ride and everything. I’m 19 and live in NY. No accidents and have already taken defensive driving. I pay about 2 grand a year for car insurance. How much should i expect to pay for motorcycle insurance? Also wouldn’t mind any opinions on this.
March 21st, 2009 at 11:48 pm
i pay $220 a year for liability coverage with progressive for a 2004 600rr, i live in kansas. which is cheap
****go to progressive.com and get a free quote***
March 23rd, 2009 at 3:42 pm
just a guess…. about $4000. per year full coverage and possibly more.
If you dont finance and need only liability it will be perhaps $250. per year.
March 25th, 2009 at 10:33 am
You don’t have to guess. I would just go to Progressive.com like the other poster said. I never understood the formulas well enough to predict what any bike would cost to insure. Just a few years ago, I couldn’t afford to insure a Hayabusa so I went with another bike. Now they only wan’t $400.00 per year? What changed in the last 2 years, I don’t know. I guess I didn’t get a ticket and I got a little older, but the drop was HUGE. I only pay $160 per year for full coverage on my Buell right now. Even that surprised me because it was a huge drop from last year too.
Good luck! It’s expensive to be a young rider, but in NY I wouldn’t want to just run liability.