Anachronism wrote:Those prices are insane.
As a new motorcylist, I got $88 a YEAR (liability and comprehensive, no collision) on the Stella- basically it is covered for liability and theft.
It MIGHT be "insane", but not necessarily. You do not know how you and the OP compare as far as stuff like age, driving record, maybe credit history, other members of the family and how they might effect the rates, blah, blah, blah.
My rates for my insurance are crazy low, I have no chargeable accidents on my record, I am a middle aged woman, riding around on small scooters, a VW Bug and an old truck, I have several discounts and basically get a really great rate.
Next year, that is all going to change, if my son finds some way to scrounge up the entire first year worth of coverage on my truck.
Definitely shop around, make sure you are comparing apples-to-apples and if you are going to get telephone or internet quotes I suggest getting those first and then taking them in to talk to at least one local agent, in person, so they can help you to make sure you really are comparing the same things. Make sure you print out for each company what their coverage includes so that this is clear (the basics seem to be pretty typical but not always.)
My insurance agent is a wealth of knowledge and he was able to help me to figure out what I wanted to do. I am fortunate enough to have an agent that puts me first and when he told me that he could not offer the same motorcycle policy coverages that another company offers and told me that the rates he could get for me were slightly higher, he put me in front of his own interest in selling a policy. Of course, because he did that, he has a client for homeowners, life and car insurance forever, because I know he cares more about me getting the protection that I need, than the few bucks he would get from selling me that motorcycle policy.
Also, if your homeowner's insurance company is telling you that your scoot would be covered if it were stolen or damaged as long as it is on your property, I strongly encourage you to get that in writing or have them show you where in your policy that it says motor vehicles are included. My scoot could be sitting in my front room and if my house burned down and the scooter were destroyed the comprehensive coverage on my scooter's motorcycle policy would kick in for the scooter while my homeowner's policy would deal with the rest of it.
My homeowner's policy does not cover my motor vehicles for things that an auto policy would provide coverage for. Make sure that you are crystal clear on this and get it in writing if you are going to go with it.
good luck!
-v
