Does anyone else reduce insurance coverage for the winter?

i did last year with geico - they have a storage policy thingy

not sure if i can with progressive

I know some insurances used to have some kind of three month storage rates figured in. I just pay for the whole year, cause if the temp hits anywhere close to 50 I'm going out if no snow or salt is on the streets.:bikerguy:

never thought about that here in Southern Arizona. Even in Virginia, we rode all winter except snow days.

mcnphotog said:

I put the bike up for the winter a week ago and I got an email yesterday for next years rates. It would have cost about $982 (excluding installment fees and payment option discounts) to keep the coverage I had on it for the year, several months of which the bike would be stored. I dropped the coverage to the legal minimum today and got a $79 credit for the rest of this year which I applied to next year with an additional $162 to pay it all off. In March or April when I start riding it again I'll up the coverage but save a few hundred for now. Does anyone else reduce theirs while stored, I know some around here keep full coverage in the hopes of getting some rides in?

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I previously discussed this with my State Farm agent. They can suspend everything except comprehensive coverage for however long I wanted and that would save some bucks--but there is something in that policy about "30 days" and I'm not sure they would want to suspend my coverage only to have me phone and reinstate it so I could ride for a day or two when the weather breaks then suspend again, etc., etc. So, I'm not going to fool with it. And not to hijack the thread, but you pay $982 plus fees per year? I just paid my bike premium for 6 months. $180.20. That's just about 1/3 of your yearly premium and my bike is a '13 RGC. Unless you are classified as high risk and/or have had claims sounds like they are screwing you--might check around.

Damn....$982 a year?? I would be shopping for insurance.

I drop my coverage down for the winter months, saves me about $400.

I carry a extra $18k in accessories coverage on my bike, during the riding season, I drop that to zero as well. So I pay about $240 for 6 months.

Damm ,some of you guys are paying alot for insurance , I let mine run year round , it's only $224 a year full coverage and includes $3000 custom equipment coverage.

yes, my rates are over 900 a year for the full coverage. A lot of that though is because the city I live in has some of the highest rates in the state. For a long time it was the insurance fraud capital. A couple of miles away the rates would be half that. I'm with Progressive but I should look around.

I paid 529.80 for full coverage on my Road King and my Superglide no down time in south Florida. We are a little higher here than some other areas of Florida

$300 per year with Progressive through USAA. So I don't bother making changes. Not worth it. That's in NJ too, which I thought was one of the worse in the country. Clearly you guys in MA have us beat.

$189 a year thru State Farm declared value coverage.

I told them the amount I wanted my bike covered for vs them using market value.

2stangs8689 said:

Damn....$982 a year?? I would be shopping for insurance.

I drop my coverage down for the winter months, saves me about $400.

I carry a extra $18k in accessories coverage on my bike, during the riding season, I drop that to zero as well. So I pay about $240 for 6 months.

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When I got home last night I looked at my policy.....$278 for the year......not 6 months. Lol. It just renewed, but I do drop the coverage and it saves me $400 a year.

My car costs about $1100 too, that's with Allstate which seemed to be better than most. Unfortunately they don't offer MC insurance in Mass., nether does Geico so my options are limited.

2stangs8689 said:

When I got home last night I looked at my policy.....$278 for the year......not 6 months. Lol. It just renewed, but I do drop the coverage and it saves me $400 a year.

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You don't wanna know what I pay every 6 months!

Kainam said:

$189 a year thru State Farm declared value coverage.

I told them the amount I wanted my bike covered for vs them using market value.

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I've considered switching all my insurance over to State Farm.

I used to drop everything but comp and fire & theft during the winter and would reinstate full coverage for riding season. Now, Nationwide tells me that their rates have been prorated for the entire year, which is less than $400.

I pay $813 total for both my '05 Heritage and '14 Ultra Limited. Full coverage and $3000 each for goodies. Geico.

Sounds like I'm getting hammered.
MS has very high rates due to so many uninsured drivers...
State farm was 150.00 less than HD...
May need to shop it this year...

I would definitely if it made sense here but I am fortunate enough to get to ride year round.

You guys have it good. Up here I pay 1050.00 a year with over 40 years driving with no accidents. They do not have a seasonal option, and this is the cheapest rate going.