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Discussion Starter · #1 ·
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 did last year with geico - they have a storage policy thingy

not sure if i can with progressive
 

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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:
 

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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?
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.
 

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The Angry One
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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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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.
 

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Discussion Starter · #8 ·
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.
 

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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
 

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$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.
 

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$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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The Angry One
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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.

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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Discussion Starter · #13 ·
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.
 

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

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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.
 

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

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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...
 

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

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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.
 
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