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post #1 of 17 Old 01-07-2009, 11:30 AM Thread Starter
Junior Trooper
Join Date: Nov 2008
Location: Coastal Georgia
Posts: 3
Question New-B insurance question

This being my second post (first was rather worthless), I'd like to say that I've spent quite some time reading the forums and find it to be a very informative place.

I'm currently researching my first bike and have found the V-Strom (most likely WEE) to be at the top of my list. It will be used for some to and from work and weekend riding.

I do have a question regarding insurance costs. What should I expect for annual insurance costs? My driving record is spotless, I know that makes a difference. I'm not looking to dig into anyone's business just looking for ballpark costs.

Thanks for any info you can provide!!

Robert 31320
Coastal Georgia

Working on solving a mid-life crisis
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post #2 of 17 Old 01-07-2009, 11:38 AM
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Join Date: Feb 2008
Location: Vermont
Posts: 997
This has been discussed on here before and it appears there are vast differences from state to state and country to country. Stroms by most insurance companies seem to be rated quite low. Easiest thing is to go to progressive/geico/dairlyland sites and get a quote. I pay a couple of hundred dollars a year while others pay a couple of thousand. Driving records being similar. Enjoy.

04 Wee with all kinds of excess crap..
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post #3 of 17 Old 01-07-2009, 11:49 AM
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Join Date: Aug 2008
Location: Atlanta, GA
Posts: 124
I don't have the numbers to give you, but it's a few hundred a year for us to insure three bikes. This is the fun part, though.

We have an 08 Honda CBR 600 RR, an 05 Suzuki DL650 with 25K mi, and an 03 BMW F650GS with about 5K mi on it. The CBR has the lowest premium. I've read an article (webbikeworld?) on hardest bikes to insure. Most frequently wrecked, most frequently stolen, that sort of thing. The CBR was in the top three on both "most frequently $FUBAR" columns. The others were more expensive because they have 50cc more engine. Never mind the CBR will do twice their speed. Go figure.


'05 red Wee with aluminum doo-dads all over it
'08 femur with titanium doo-dads all over it
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post #4 of 17 Old 01-07-2009, 02:07 PM
Join Date: Jul 2008
Location: Indiana, "Carmel by the Interstate"
Posts: 102
And another factor that makes it so tough to estimate, is that insurance companies are using a person's credit score (varies by state, I think). So, 2 people same age, record, same bike may have totally different insurance price. Progressive is usually pretty fair with rates.

Generelly, Wees are pretty good to insure unless you're a young squid with a bad record and bad credit
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post #5 of 17 Old 01-07-2009, 02:14 PM
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Join Date: May 2006
Location: Nashville, TN
Posts: 3,722
This being your first bike, in other words zero experience riding them, your insurance is liable to be higher.

Scott Craig - Nashville, TN
Red '06 Suzuki DL650 - Red '07 Honda VFR800 - My Bike Page
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post #6 of 17 Old 01-07-2009, 02:34 PM
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Join Date: Jun 2008
Location: Lynnwood, WA
Posts: 2,480
Insurance rates vary too much between people to give you an answer. Lots of variables are involved. You've got age, driving record, residence, experience, credit score, new or used bike, position of the planets and moons, what grade you got on your last math exam divided by how many hearts you've broken, etc...

Best way to find out is just to contact each insurer and get quotes. My quotes varied from $600 to $1800, same benefits, same bike, just different carriers.

'09 VStrom DL650A - Sold.
'04 Suzuki Burgman 400 - The wifes
'08 FJR1300AE - Miss Chievous.


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post #7 of 17 Old 01-07-2009, 02:57 PM
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Join Date: Jun 2006
Location: Joussard, Alberta
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As noted above, rates vary quite a bit. 0ne thing I found was that some companies rate the Strom in the sportbike group others in the cheaper touring group. In my case it made a difference of about 50%. A couple of insurers did not know how to group it so just put it in the most expensive group the had. My agent looked for a deal for me. It came to around $400/yr for full coverage and $1 mil liability.
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post #8 of 17 Old 01-07-2009, 03:18 PM
Join Date: Sep 2008
Posts: 88
It may help to take a motorcycle safety course at your local DMV. My insurance company gives 35% off on rates as long as the course has been completed. At my local DMV the course takes about 10 hours (Fri. and Sat.) and only costs $20.00. It depends on the company and the bike. My buddy took the course before buying his first bike (HD...) and his Insurance from harley went from almost $500.00 to under $300.00.
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post #9 of 17 Old 01-07-2009, 06:49 PM Thread Starter
Junior Trooper
Join Date: Nov 2008
Location: Coastal Georgia
Posts: 3
That's the kind of basic info I'm looking for. I didn't know if it would be $100 or $1,000. I'm guessing that I should at least expect $500 - $700 per year for planning purposes.

Again, the info is greatly appreciated.

Robert 31320
Coastal Georgia

Working on solving a mid-life crisis
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post #10 of 17 Old 01-15-2009, 06:01 PM
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Join Date: Nov 2007
Location: Houston, TX
Posts: 87
On my DL1000 in Houston I pay ~$500 for 100/300/100 plus all full coverage except towing and rental. Was with Progressive but hated their customer service, they never could get e-billing working for me. So I dumped them for Dairyland. Have had zero problems with them.

Course Texas is also now documented as having the highest vehicular insurance rates in the US (according to a recent legislative survey). They say it has to do with the number of un and under insured motorists. I think it simply has to do with the fact our legislators under a Republican majority were overly cozy with the insurance industry.

So, if you want cheap insurance don't move to Texas.
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