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Does Motorcycle Insurance Cheaper The Older The Bike Compared To A New One?

Question by henryaguirre@ymail.com | Posted in Motorcycle Racing

I 24 yrs old and i am looking to buy my first bike. Insurance is very outrageous for a young buck. If i was to buy an older model motorcycle would insurance be cheaper.

Answer: I hypothesize that would depend upon what company you go with. I know I have our race bikes insured and my oldest son who doesn't contention as much anymore has a 2 year old crf250r. The insurance is less on his bike than his brothers new race bikes with all the added extras as we usually have to magnificence how much the bikes would be worth for replacement cost.
 
 

What Is Street Bike Insurance For And How Much Is It?

Question by James | Posted in Motorcycles

I'm 20 and I prerequisite to get a Yamaha r6 sport bike. Can I ride it without insurance legally, or do I still have to get liability?

And if I do get it, what does it cover and how much should it be (if I add it to my family intend)?

Answer: I don't certain where POCKET ROCKET gets his info, but a 20 year old with an R6, will NOT be $50 a year for insurance....try around $1500-2000 a year. Insurance companies low their rates on the type of bike, age & experience of rider. A friend of a friend who is 19, bought an 09 GSXR 750 last year, his bike payments were around 150/mo...his insurance......275/mo.

And YES...you HAVE to have insurance, obstruction at minimum, if the bike is financed, the finance company will require

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How Much Would It Cost Me To Get Motor Bike Insurance?

Question by Double mole man | Posted in Motorcycles

I am evaluation of getting a motor bike since the cost of insuring a car is just too high. I'm 18 and male and was wondering ruthlessly how much I could expect to pay for insurance on a 125cc if I do my CBT.

Oh and I live in the Uk... which will hike the price up a bit

Answer: Hmmm. Almost absurd to say, but I can give you an example for me.

2005 Harley XL883C, minimum liability level insurance... about $85 per year. Yes, year.
Same bike with thorough and $500 deductible... about $215 per year.
Same bike, comprehensive and $50 deductible, about $300 per year.

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How Much Are You Paying For Bike Insurance?

Question by Jordan S | Posted in Insurance

I contemporary in Myrtle Beach SC and want to buy a bike TONIGHT!

It's Sunday and the insurances company is closed.
I'm 20 years old and wondering about how much I'll be paying EVERY month.

I have a few tickets but nothing that cacophonous.
The bike is a 2005 Suzuki GSXF750 "KATANA"

Answer: Well, I had a KawasakiZZR insured for about 50 or 60 bucks a month with Reformist, i think it was. (7 months ago) and before that it was a Ninja for around the same. Tickets dont help, my supporter. Neither does being a 20 year old GUY. Be prepared to spend a little bit more. Don't bother with Allstate. Depute me on that! I worked there! Though we both ride sportbikes, your bike choice, your age and your gender put you in a higher insurance risk category. It costs a lot, but it's SO importance

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If I Have A Motorcycle License, But No Bike (and No Bike Insurance), Can I Ride My Friend's Bike And Be Ok?

Question by PB_GenX | Posted in Motorcycles

I have auto insurance, but no bike yet, so I have no motorcycle insurance. If I terrorize my friend's bike, will his insurance cover me? Or does my auto insurance cover me? Or am I not covered unless I have motorcycle insurance? Can you even get motorcycle insurance without a bike?
I'm in San Diego.

Answer: Your auto insurance won't boards.
Check with your friend about his policy. That's the only way to know if his will.

My policy covers me and passengers.
Covers me on someone else's motorcycle.
Covers any licensed manager I give permission to (like that ever happens!!)

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