Insurance

Tamari · Post by **Tamari** » Wed Jul 05, 2006 2:08 am

Can anyone give me some ideas as to about how much they are paying annually to insure their Buddy 125? I am picking mine up tomorrow from the dealer. I realize rates will differ from state to state. I am in Denver, for anyone else who might be in the Denver area. I imagine it's got to be pretty darn cheap.

thanks!!

OkieBuddy · Post by **OkieBuddy** » Wed Jul 05, 2006 2:34 am

I have Allstate, including my home and was quoted 95.00 per year for liability, I already have uninsured motorists, and 25/50/25. I know each state is different. To add collision, it will go up to around 150.00 per year. I could not get an exact quote, because I do not have my Buddy yet and could not give my agent the VIN he needed, but he did quote it for a Stella.

Hope that helps.

Lagerhead · Post by **Lagerhead** » Wed Jul 05, 2006 3:53 am

With American Family in Ohio we're paying around $150 per year (per Buddy) for full coverage including uninsured motorist protection.

Tamari · Post by **Tamari** » Wed Jul 05, 2006 5:11 am

Thanks Buddy Love and Lagerhead for the info on the insurance costs. Sounds like I should expect about $150/year for full coverage. I can definitely deal with that figure; can't wait to get my Black Buddy 125 tomorrow!!!

Beamie · Post by **Beamie** » Thu Jul 06, 2006 2:51 am

Progressive (Drive); $80 added to my motorcycle policy for full coverage for 2 drivers.

Corsair · Post by **Corsair** » Sat Nov 18, 2006 9:34 am

Man I wished I could find your rates... just for living in Detroit (regardless of driving record) insurance rates are CRAZY HIGH!!!! Just get one of those free rates online and try using a Detroit zip/address to see what I mean

GatsbyGirl · Post by **GatsbyGirl** » Sat Nov 18, 2006 6:51 pm

We are having a HUGE problem finding insurance for me in Los Angeles. While Ericalm can easily get his for around $200 a year (more than what other people are getting, but reasonable considering LA), everywhere is quoting me over $800, even if I take the MSF course, etc., ad nauseum.

My driving record is perfect except for one accident 13 years ago that wasn't my fault. It is apparently very much a bias against female drivers on two wheels in our zip code.

Corsair · Post by **Corsair** » Sat Nov 18, 2006 7:50 pm

I was reading that completing the MSF Rider Course can lower your insurance rates? So can I take the course first (with my uninsured buddy) then get insurance after?

vitaminC · Post by **vitaminC** » Sat Nov 18, 2006 11:29 pm

Corsair wrote:I was reading that completing the MSF Rider Course can lower your insurance rates? So can I take the course first (with my uninsured buddy) then get insurance after?

You don't need any sort of coverage to take the course- it's all provided. Just show up with long pants, long-sleeve shirt, leather gloves, and (optionall) a helmet, and you're good to go! And not all insurance co's will give you the discount, so check with your provider.

Oh, and as you mentioned in another thread, Hough's Proficient Motorcycling is an excellent read!

jaded · Post by **jaded** » Sun Nov 19, 2006 12:07 am

Corsair wrote:I was reading that completing the MSF Rider Course can lower your insurance rates? So can I take the course first (with my uninsured buddy) then get insurance after?

You would need to check with those running the MSF course, what their requirements are. Not all will allow you to ride your own vehicle, and if they do, would have policies regarding registration and insurance.
And, not every insurer offers discounts for MSF. For instance, State Farm doesn't, but, generally, their rates are very reasonable, anyway.

Post by **ericalm** » Sun Nov 19, 2006 1:13 am

And check out these threads:

insurance for new scooterists
paying too much for insurance

Overall, we're seeing ridiculous variations in rates depending on where you live, gender, age, the make/model of scooter, how long you've been riding, etc. I tried to get 2 agents I spoke with today to admit that their rates are higher for women on 2 wheels, though they dodged and evaded ("no, it's age....oh wait, she's been driving for how long? well, it must be, uh, oh it's a different model than yours, so...."). Baloney!

lobsterman · Post by **lobsterman** » Sun Nov 19, 2006 10:58 pm

Riding your own vehicle at the MSF is a judgement call by the MSF coordinator for your state.

I asked if I could do it, and the coordinator had me send him an email describing why I wanted to do it. I received an email with permission in response, which I then presented to the instructors at the classroom portion of the MSF.

On range day 1, they checked out my Buddy, rode it, and asked to see proof of insurance.

I did not ask my insurer if I got a discount for the MSF, but I am only paying $115/year for full coverage, so didn't really see the point in asking.

Corsair · Post by **Corsair** » Sun Nov 19, 2006 11:08 pm

lobsterman wrote:Riding your own vehicle at the MSF is a judgement call by the MSF coordinator for your state.

I asked if I could do it, and the coordinator had me send him an email describing why I wanted to do it. I received an email with permission in response, which I then presented to the instructors at the classroom portion of the MSF.

On range day 1, they checked out my Buddy, rode it, and asked to see proof of insurance.

What reason did you give them in your email?

lobsterman · Post by **lobsterman** » Sun Nov 19, 2006 11:31 pm

What reason did you give them in your email?

I said I wanted to use the bike I would be riding in the real world so that I would gain maximum proficiency on it, rather than learning the quirks and secrets of a bike I would never ride again.

Corsair · Post by **Corsair** » Mon Nov 20, 2006 5:28 am

well worded and makes perfect sense

jperkins · Post by **jperkins** » Mon Nov 20, 2006 6:58 am

I am paying $5.84 a month for full coverage with Farmers insurance in Oklahoma. I already had a car insured with them so that lowered it some. It was also lowered because I was able to list it as a weekend/recreational vehicle because I had a car on the policy too.

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