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hellrot_M3 07-23-2009 12:38 AM

SPorts Bike Insurance
 
hey guys,

i was just wondering if anyone knew a good motorcycle insurance company that doesnt charge an arm or a leg for insurance. I want to buy a Honda CBR 600RR and was wondering if anyone could help?

thanks

dbworld4k 07-23-2009 12:44 AM

As far as I know there is no such thing as cheap sport bike insurance! Putting it on your mom/dad's ownership+insurance (they obviously must have their M license) is your best bet.

When I looked into it last summer, it was brutal to leave it in my own name. Even for sub 600cc bikes!

Trouble65 07-23-2009 10:38 AM

Quote:

Originally Posted by hellrot_M3 (Post 1327813)
hey guys,

i was just wondering if anyone knew a good motorcycle insurance company that doesnt charge an arm or a leg for insurance. I want to buy a Honda CBR 600RR and was wondering if anyone could help?

thanks

No such thing as cheap insurance for motorcycles. If your parents have an M licence is the best way to go. However if you are involved in an accident the insurance company will not cover you if you are not under the policy. I'm lucky I pay $460 for a full year for my bike.

DANIMAL 07-23-2009 12:22 PM

if your not already your best to wait till your 25. I used to be with kingsway and this year they upped my rates from 1500 to 8000 because my bike (600cc FZ6) was reclassified to super sport and at the time of renewal I was younger than 25. I cancelled and am waiting till my b-day in mid aug to sign on to all state or state farm, either one quoted me about the same price of roughly 1000/year @ 25 years old.

Nick_V 07-23-2009 02:59 PM

State Farm is by far the cheapest if you have a clean record and are over 25, but many agents will want your car as well. You should be able to find one that will just do a bike if you call around though. AFAIK, they rate strictly on displacement, so you don't get nailed to the wall for having a 'supersports' bike. Failing that, check the Insurance forum on gtamotorcycle.com. There are several people in there that can likely get you a decent price. I'm paying $1500/year as a new rider on a 750cc bike, and my record has a few 'pockmarks' on it.

jeremy 07-23-2009 03:34 PM

State Farm is great. They go by cc's, not classification. I believe you have to of held a "G" license for x amount of years though.. Can't recall.

Give Sabrina a call.

Sabrina Paul
Insurance Account Representative for Agent Carolyn Maugeri
State Farm®
Providing Insurance and Financial Services
11 Harwood Ave. S., Suite 201
Ajax, Ontario, L1S 2B9
Phone (905) 426-5959
Fax (905) 426-9631

hellrot_M3 07-23-2009 04:59 PM

thanks for your help guys


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