Insurance

[Christina-Rae]

For the USA guys -
Do any of the "TV Commercial" carriers insure these fairly cheaply? I have to finance mine - so....
Also will they insure under a PERMIT but not a LICENSE?

 

[Alan F.]

Yes they don't insure the rider so much as the bike. A friend's girlfriend owns "his" bike, she doesn't ride at all.

PROGRESSIVE.com is available in Massachusetts $79 to make it legal and it goes up from there.

 

[Gone in 60]

Christina, it depends on the carrier. For instance, I have USAA, and they won't insure a bike unless the rider has had a motorcycle endorsement for a minimum of three years. Statistically, a new rider is more likely to be involved in an incident that will cause damage to the bike, like a crash or a drop.
For a financed bike, the bank will most likely require comprehensive and collision damage coverage to protect the bike as an asset. This will cost more than bargain-basement liability-only insurance.

I did carry insurance for the first few years I rode through a company called Dairyland... just checked, and they're still in business if you want to check them out:

Affordable auto and motorcycle insurance | Dairyland® insurance

Dairyland® insurance offers fast, free auto and motorcycle insurance quotes online or by phone. Discover why Dairyland has been a trusted brand for 50 years!

www.dairylandinsurance.com

 

[George S.]

We had this discussion on the BMW forum and Progressive was the agreed popular choice. I have my cars and motorcycles with Progressive and saved a lot from when I had Geico.

Between me and my wife we already had three bikes insured with them, (sold one) and it was peanuts to add the Meteor.

 

[smilespergallon]

USAA doesn't do motorcycles in my state, so they third-party it off to Progressive. Having had Progressive for many years back in the 20th century I had no problem going back to them.

Between terms with Progressive I used Geico as they gave me great rates on a wide variety of vehicles. Never needed their help, but the payments were low.

 

[Woodstock]

Progressive. And they just cut my annual bill by 15 percent, I guess for having no claims in the last two years. Touch metal and plastic.