Just Received Insurance Renewal on My Bikes

[Madmax]

Hey guys just wondering what you guys are paying to insure your machine or multi bikes ... just my 2013 F6B is $320 a year thru Formost .
Full coverage on all the bikes 5 is my amount ... Most expensive is a 2013 Vmax at $420 .
All 5 of my bikes is $1300 ... That hurts because most of the bikes sit for 5 months thru the winter , I usually ride the enduros in the winter , easyer to clean the road salt off .
I may try and shop it to my auto and homeowner which is State Farm not thinking they will beat it .
Last time I tried to use allstate combined auto and home owners they came back with a insain amount .
Who are you guys using ?

[Injun Joe]

Hey guys just wondering what you guys are paying to insure your machine or multi bikes ... just my 2013 F6B is $320 a year thru Formost .
Full coverage on all the bikes 5 is my amount ... Most expensive is a 2013 Vmax at $420 .
All 5 of my bikes is $1300 ... That hurts because most of the bikes sit for 5 months thru the winter , I usually ride the enduros in the winter , easyer to clean the road salt off .
I may try and shop it to my auto and homeowner which is State Farm not thinking they will beat it .
Last time I tried to use allstate combined auto and home owners they came back with a insain amount .
Who are you guys using ?

State Farm is like $430 for full coverage, $250 deductible for me on the F6B.

[imported_scottydi]

When I shopped around a few years ago Geico was the cheapest I could find....right at $400 a year.

Scott

[Madmax]

I was at 1000 last year and had a FZ1 in place of the F6B . This up coming year was a increase , when I added the F6B was a decrease in the policy this current year .
Looking at the units individually the numbers don't look so bad except for the Vmax .

[opas ride]

Depends on where you live and the various laws in your state...I pay about $560 a year with State Farm in Michigan, similar bike in Oklahoma is $350 year...It is impossible to compare apples with oranges (insurance costs) as they are all over the "map" so to speak..Maybe it is time to trim the heard a little or just "pay the piper".....

[JackB]

You would think with more than one bike you would pay less for the others.

[DaWadd]

You guys are lucky. We get raped in Manitoba. Full coverage costs me $1400 a year. No accidents and full merits. Gotta pay if ya want to play. No options either cause it's government run insurance nothing private.

[motoman]

All 5 of my bikes is $1300 ... That hurts because most of the bikes sit for 5 months thru the winter , I usually ride the enduros in the winter ,

Cancel the bikes during the winter when you're not using them. Renew in the Spring.

Watch how fast your Ins. Co. comes up with a better deal for you.

Alternatively, since you can't ride all 5 bikes at once, cancel the ones you're not using, or carry only 'comp' on them like collector bikes.
Activate liability when you plan to ride them.

[F6B1911]

Cancel the bikes during the winter when you're not using them. Renew in the Spring.

Watch how fast your Ins. Co. comes up with a better deal for you.

Alternatively, since you can't ride all 5 bikes at once, cancel the ones you're not using, or carry only 'comp' on them like collector bikes.
Activate liability when you plan to ride them.

In Michigan, it's a one year policy, I got three quotes and canceling a policy in the winter months won't get you a refund.
They either want 100% up front, or they will break it down into two payments, the second one due within 30 days.
I'm gonna do a bit more due diligence before next spring.
I was with Progressive for over 30 years, my policy on an older BMW was only $225.00 for full coverage, when I got the F6B, they quoted me $1,200.00, so I went to State Farm for $480.00.
And I have a clean driving record!!

[Madmax]

We also have a year renewal , I was thinking of just doing the liabilty till next may and just have them add the full coverage .
My homeowners covers the bikes at my house in the off season . I would be prorated on the 5 months might not be a bad idea .