StromTrooper banner

1 - 5 of 5 Posts

·
Premium Member
Joined
·
303 Posts
Discussion Starter #1
Time for me to renew my policy end or June. Just wanted to get an idea of others rates.
08 DL650 1,000,000 liability / Accident benefits / Comp
$250 deductible on loss or damage

My premium with Jevco Insurance Company / CAA is the broker
$766.00

Good? Bad? Normal?
 

·
Registered
Joined
·
754 Posts
537.36/yr TD insurance $1million,250 collision/fire/theft.
BUT, I'm 46 lic since 1983,clean record, live out in the boonies,3 cars insured there,yadda yadda...
thats a Vee,think my wee was close to $100 cheaper.
Steve
 

·
Registered
Joined
·
1,133 Posts
Seems about right for Jevco. I bought through Cornerstone Insurance brokers with only single vehicle coverage.

I have full coverage with them for $840, but I had 5 minor tickets on my license which all came off at the end of last year and the remaining ones this year. I'm curious to see what my new renewal will be.

Jevco has some rate increases and reductions coming soon - info below provided from a broker off another motorcycle site (link to thread):

The 2011 rating manual will be out shortly with an effective date of May 1st for new business and June 10th for renewal business. Below are some highlights:

1) An average 7.3% rate increase. This is an average. Some may see a little more and others a little less. Details to follow. Although the increase is not dramatic compared to some of their competitors; if you have a Jevco quote and are ready to proceed with a new policy it may be a good idea to finalize this week and potentially save a few dollars.

2) Good news! No change to the rule that Jevco will provide their Preferred rates to riders licensed for a full year regardless of whether or not they have insured a bike in that year.

3) Introduction of a 5% Loyalty discount for riders that have been insured with Jevco for two years or more.

4) Introduction of a 5% new business stability discount for riders that have been insured with the same motorcycle insurer for the past 24 months.

5) Jevco will now offer up to $2,000,000 liability. This is up from their prior maximum limit of $1,000,000.

6) Individuals that register their bikes in their company name will now be allowed, however no commercial or business use will be permitted.

7) Some Ducati models and the VMAX will be coming off of their sport bike surcharge list. Details to follow.

8 ) Introduction of a 5% multi bike discount.
 

·
Registered
Joined
·
712 Posts
Time for me to renew my policy end or June. Just wanted to get an idea of others rates.
08 DL650 1,000,000 liability / Accident benefits / Comp
$250 deductible on loss or damage

My premium with Jevco Insurance Company / CAA is the broker
$766.00

Good? Bad? Normal?
Jevco also, local broker. Same coverage, same price prety much. One speeding ticket and a small accident on my commercial (AZ) license which Jevco does not count (some other companies do). Both disappear from my abstract this year, so I'll shop around next year. My car and house insurer (TD/Monnex/Security National) is now insuring motorcycles, so will try them next year as well.

I'd rather pay less, and hope to next year. we'll see. $766 looks "normal" to me.

Marc
 

·
Registered
Joined
·
64 Posts
I have a clean driving record and have had my MC permit for many years. I have full coverage on my 04 Wee with Primmum for $480 a year.
 
1 - 5 of 5 Posts
Top