Cali Motorcycle insurance ~650cc Suzi/Kawi/Honda?

Question

Ok so I plan on getting a 06 or newer kawi 650r next summer after I pay off a loan and sell my current two wheeler: a 250cc scooter.

Before you say a 650cc is too much I am 6' 2" ~290 lbs, I need something that can push me without too much effort at highway speeds.

Currently I pay like 400 a year for that scooter with full coverage ie comprehensive since its financed. A friend told me to use foremost when I get a real motorcycle since they "alledgedly" have great rates and coverage. Apparently they are a part of State Farm, which I currently have.

Yet when I requested a quote with the type of insurance I currently have on my scooter (same deductibles, but on a 2007 cbr600r, which is actually only a grand more than my scooter in cash value which is an 09 model.) and it was more than the cost of the bike: ~10k a year!!!

So my question is what is your average annual premium for something like an 06 or newer kawi 650r or cbr600, or since I have read that dressings add to premiums, a SV650, again all 06 or newer.

Please specify coverage type: basic coverage, collision, comprehensive, etc. I dont need medical coverage as I have great coverage through my work so that isnt a factor.

Answer 1

Well, it has to do with your age too. I am 24 and I have a 2008 gsxr 750 and I pay 59/monthly but that’s only for liability and coverage if a hit and run were to occur. My boss is 34 yrs and he has a 2008 yamaha fz6 and he pays 150/year for full coverage. I have progressive and the representative told me that once I turn 25 next year, it will be cheaper. It also helps to take the safety class because it will reduce your rate. So, I guess it really depends on what type of coverage you’ll be getting and since your bike is a 06, think it will be cheaper. Also if you have a alarm in your bike. I hope this kinda helps.  

Answer 2

Foremost is NOT part of State Farm.  But, State Farm does have competitive motorcycle rates.  Call your agent for a quote.

Answer 3

I would call a differnet agent.  Obviously no one pays 10k a year for insurance!  I pay about $30 a month for my 07 GSX-R 600 through State Farm with out the medical coverage.  I have good medical through work, so I don't have to pay for it on my bike.  As far as I know, State Farm is the only agency that allows you to do that.  If that doesn't work, keep calling around.

Answer 4

The biggest change to premiums is your postcode.

In the UK, i moved from YO30 ( out skirts of York ) to YO1 ( inner city centre & with in the city walls ), my insurance sent me a letter saying to NOT pay anythink for the 2 MX bikes & only pay £7 rather then £400 for the TLR 1000 Suzuki I owned at the time.

Just go online and have a look.

Most insurance firms have a " lucky draw " system anyway, where you pay the number they give.

Answer 5

it has to do with age, your skills, the risk of you being killed or injured in/on that item. A camero is higher then a ford tarus not because of vechicle cost but the camero is most likely to race.

the 2 best insurance companys for motorcycles are Gieco http://www.geico.com/landingpage/go21.ht...

and progressive http://motorcycle.progressive.com/

get quotes online, you can manipulate your coverage needs and bike type to see where your lowest rates are.