Anybody care to share their experiences with insuring their new VFR1200F?
Yes, I know everybody's situation is different (e.g., different state, different age, different driving record, different past claims, etc.). Just curious how it compares to your previous bikes.
I'm 44 with absolutely no tickets/accidents/etc/ for decades. Current '98VFR with full coverage, low deductibles and high liability coverages is 1/4th the price to insure a new VFR1200F. Pricing another bike towards the sport-TOURING side (Concours 14 ABS), and the same coverage on that bike is HALF what they want for the VFR1200F.
My home and vehicles are all wrapped into one payment, so I don't know the exact itemized number for the VFR, but I switched from the '07 VFR800 with only liability to the 1200 with full coverage, and my rate went up by about $64 per month.
I have a clean driving record, 30 years old, married, and own my home. I insure with State Farm in Washington State.
[image: View Post]horwitzs, on 02 August 2010 - 02:21 PM, said:
Sure.
My home and vehicles are all wrapped into one payment, so I don't know the exact itemized number for the VFR, but I switched from the '07 VFR800 with only liability to the 1200 with full coverage, and my rate went up by about $64 per month.
I have a clean driving record, 30 years old, married, and own my home. I insure with State Farm in Washington State.
With my 2009 sportster i paid 230 a year
With my 2007 919 (bought brand new in 2009) i paid $200 a year
With my VFR1200 i pay $360 a year
Just for the f of it i asked for a quote on a 2010 1000rr it was $760 a year.
Also in my experience insurance is way more expensive when it a current year model. Example, a 2009 vfr800 would have been $360 a year (in 2009) and a 2008 model would be only $200 for me.
My record? maybe one speeding ticket like 3-5 years ago, a bunch before that. No accidents that were my fault, but like 4 from other people hitting me.
When they told me $6000.00 and change to fully insure my VFR1200F for one year, I about fell out of the chair.
I had to settle for liability and uninsured driver coverage which is $1000.00+ a year which I just settled with 21st Century today.
I am covered well but, my bike is not covered at all because I can't afford it.
That is why I have an excellent motorcycle attorney, if it was not for him, I would not have my VFR1200F.
Fasterspider, have you tried Pacific-McGraw? 6K is ludicrous, unless your reference below is to some..."unsportsmanlike conduct" the CHP or local LEOs pinched you for ;-) that will cause any insurer to scrutinize you heavily.
[image: View Post]fasterspider, on 02 August 2010 - 08:52 PM, said:
When they told me $6000.00 and change to fully insure my VFR1200F ...
That is why I have an excellent motorcycle attorney, if it was not for him, I would not have my VFR1200F.
Maybe it's a good thing I can't afford a new motorcycle payment in the first place, because paying a much higher rate to insure it (vs. my '04 VFR) to boot would be a tough pill to swallow. :fing02: It's a factor I'll have to deal with when I eventually buy a new (or just newer) bike, but for now I'll just dreaming of new machines.
I switched from Progressive to Safeco recently because my Progressive rates at renewal jumped by a lot without any change in my status.
Full coverage for the VFR1200F in S. Cal with $500 deductable is $462/yr. For comparison, the same coverage on the 08' Kawasaki C14 is $312/yr.
Given the fact that the VFR begs you to get into trouble with your right hand, I think the higher insurance rate is probably warranted. The C14 is boring by comparison.
$6000???? You've got to be kidding? I would have kicked my agent in the NUT's for even having the audacity to try that crap. You need to get to looking for a new agent as that is far beyond a fair and just quote, let alone he could loose his license for pulling that crap. There are standards for insurance and given your location, credit score, driving record and history with them the rates can differ, but that is Total BS on his part!!!
I had Geiko last year and they were pretty reasonable. I had Progressive before and at that time they were the best deal for me. Progressive had been $750 for 2 bikes for a year, full coverage on one and liability on the other. Last year Progressive changed that to about 1300 for the same deal. So I switched to Geiko for around $750. This year I got the VFR1200 and Geiko wanted 1700 for full coverage on the VFR1200. I called Progressive and was able to get full coverage on the VFR1200 for about $750 and $100 for liability on the VFR800.
It is a huge pain in the butt, it seems like they offer a low rate to get you to join for a year and then jack it up for renewal. So the lesson was to shop around. I still don't understand why they keep changing it back and forth. I am usually a pretty loyal customer, but when they jerk you around I lose all of that. Good luck with your search.
[image: View Post]horwitzs, on 02 August 2010 - 02:21 PM, said:
Sure.
My home and vehicles are all wrapped into one payment, so I don't know the exact itemized number for the VFR, but I switched from the '07 VFR800 with only liability to the 1200 with full coverage, and my rate went up by about $64 per month.
I have a clean driving record, 30 years old, married, and own my home. I insure with State Farm in Washington State.
Correction, just looked at my insurance bill...
My monthly payment for full coverage on the 1200 is only $53.60.
There was a fee for the policy change that was not part of my premium, so my earlier estimate was too high.
That's with $100 deductable for comprehensive, and $250 deductable for collision.
[image: View Post]horwitzs, on 03 August 2010 - 10:36 PM, said:
Correction, just looked at my insurance bill...
My monthly payment for full coverage on the 1200 is only $53.60.So far, SF has been the only company to rate the VFR1200 correctly.