| Author | Message | ||
     Fullpower  |
my buell has been "reclassified" and my insurance rate has been doubled. i am not pleased. ATTENTION BUELL FACTORY: If we cant afford to insure your motorcycles, you will run out of customers. regards, dean | ||
| Impulse_101  |
Progressive is WAY too expensive for motorcycle ins. anyway. Go to an independent broker and you'll probably be paying less than you were originally. Besides, in Alaska you should be able to get storage rates for a good part of the year, right? JT | ||
| Jarhead |
I went through HD insurance and they hooked me up with Dairyland Insurance. Its the best rates I have been quoted so far. Check it out, its worth a try. | ||
| Mutt2jeff  |
hmm, i have progressive. i wonder if my blast is going to jump at all. I am only paying $140 a year right now. | ||
| Captainplanet  |
Progressive did that to everyone this year. I dropped them. I went with Geico and got rates cheaper than Progressive was giving me the previous year. | ||
| Tank_bueller  |
Another vote for H-D /Dairyland ins. The best(read: only reasonable) quote I got. My ins. agent quoted me a price from progressive at over $4000 per year!!(yes, that's 4-grand) And, yes, I have a perfect driving record, 30yrs. old. Holy gouging the sportbike riders, Batman!! | ||
| Cataract2 |
Here in Florida I found that Allstate, who I've been with since I started driving, was the best. At 22 I pay $1200 a year for full coverage. | ||
| Midknyte |
...ATTENTION BUELL FACTORY: If we cant afford to insure your motorcycles... WTF? Go shopping for different insurance. Do we cry to dairy farmers if KMart increases their product prices? No, we hoof it over to Walmart. (Note - completely hypothetical comparison). Check out Country Companies. I found their rates very affordable, all things considered. | ||
| Fullpower |
we need to squeek about this. the buell is a sportster engine in an aluminum frame. that doesnt put it in the same class as an hayabusa or R1. if an insurer arbitralily reclassifies a bike, and we just get in a game of checkers, switching underwriters, they can eventually all raise our rates. we need to all complain long and loud. HD has some pull, and if the zone reps start whispering a bit in the insurance peoples ear, we may well see a positive result. I am extremely disgusted, and plan to be as loud as possible. the amount of the rate increase is utterly unjustifiable. | ||
| Spike  |
No doubt about it- insurance is a complete scam. I'm 23, no tickets in the past three years, I've never filed a claim with any insurance company and $1100/year is the best I could find. Progressive quoted me $3600/year with a $500 deductible- and that includes my multi-vehicle discount. At that rate I could skip the insurance and buy a second XB12R in case I totalled the first one. | ||
| M1combat  |
Another vote for Dairyland. ~$650 a year. 27 Yrs old. Everyone else I talked to quoted me $3K-$5K/Yr. I almost couldn't get the 12R... | ||
| Tucsonxb9s  |
Same thing JUST happened to me from American Modern. I was at $528 per yr (perfect record, 38 yrs old) and got my new bill...$1800 a year! My wife about puked! I think she was thinking it was about time for me to get rid of my toy. Luckily I called my agent who wrote my policy and shot me over to Dairyland too. Just went over today to sign my new policy...$400 per year. PHEW! | ||
| Midknyte |
I think it's anecdotal that they no longer want to insure that type or particular model vehicle and they are pricing the coverage such that a) people will go elsewhere to find a better rate, or b) if they do not, they [the ins comp] will at least not loose profitability on the policy thru the new rate that the customer is either willing to pay or is ignorant enough to pay. | ||
| Jungletym |
It is true that the XB's did get "reclassified" and that some insurance companies are quoting outrageous prices for those models. In my line of work, I have seen it firsthand. I have had a conversation about concerns about the XB's and it was explained to me this way. "Buells used to be considered "re-engineered" Sportsters and now with the advent of popularity of the XB's being used for stunt riding, some insurance companies are shying away from dealing with the XB's by "politely" quoting outrageous rates so they would not have to insure the XB's." | ||
| Buells Rule! (Dyna in disguise)  |
State Farm & my HD costs me just under $300 a year full coverage $500 ded. My R1 costs $10 less per year than the HD does, same ded. | ||
| Bomber  |
the same old song is that you should definatley shop around -- me and Grewg, living side by side, could get radically differing quotes from the same carriers -- they seem to operate with the dartboard as the primary tool of choice -- massive differences from carrier to carrier, and from region to region with the smae carrier -- get quotes before you renew every year -- keep your carrier/agent honest, and make em earn your business | ||
| Jungletym |
I agree with you Bomber, all you have to do is shop around and you can find "reasonable" rates. | ||
| Wyckedflesh  |
Progressive at $480 this year down from $650... | ||
| Fullpower |
and an R6 gets a lower premium than a lightning??? WTF? | ||
| Blake  |
Progressive has always treated me great. When I totalled my first Cyclone in '99, they were very fair. Rate did then go up then from ~$300/yr to $550/yr or so. So I switched. Then in two and a half years I switched back. No paying $200/yr with a $1,000 deductable. The secret is the high deductable. Seriously though, with the value of parts, it's hardly worth carrying collision insurance. If you total the bike you can still recoup a lot of its value by selling off the parts, usually the engine and tranny are fine. | ||
| Johnk3 |
liberty mutual aint bad. My record is "spotty" but i still pay under 700 per year. I just got popped for a wheelie and an "endorsement violation" (read:no license) cops were cool, 2 tickets for $43 each and a warning for the D&D being too loud?? hopefully my premium won't go too high. | ||
| New12r  |
I am screwed when it comes to ins. Progressive was the cheapest at 1600 a year full coverage with a 1000 deduct. my driving record is as long as my arm and right now I have 4 speeding tickets all over 20+ mph and a pending reckless driving on the bike for "riding a wheelie" ( i was power shifting into second and the front lifted no more than a couple inches) cop obviously having a bad day, just about drew down on me at a freaking stop light and I was stopped! If they double my rate I will have to tell HD credit sorry but I no longer carry insurance so come get the bike. I think maybe I should be an insurance agent, I always thought being a thief would be fun if was legal! | ||
| Shky_jake  |
USAA has my vote and money. 86$ month for 01 Suv and a 02M2. 250 deduct and all the bells and whistles. And to boot they are a profit sharing corp. Got back money this year and by the looks of thing will get some next year. 1 problem is that you have to be in the service or a dependent or retired to be able to be insured. | ||
| Budo |
I have been with Progressive for many years. But next renewal time I intend to switch to Dairyland. I had a interesting conversation with a Progrssive agent. I called them to change my coverage, I sold a small Kawasaki and needed to drop coverage on it. The girl told me that there was a rate increase in my future. So I chatted her up and she said that they had written alot of polices on HD's and they had lost alot of money on them. She said the claim rate was 110%. I dunno what that means exactly but it sounds bad. So to make up for those losses there are premium increases across the board...... (Message edited by budo on December 03, 2004) | ||
| Countryx  |
I just got the premium statement from Progressive and was a bit shocked at the rate for my XB9XS. At $842/year, it is more than the combined premiums for our Harley Dyna Superglide, Harley Sportster 1200, and BMW F650GSA. My wife and I both are listed as operators. We are heavily discounted due to vehicles and boat being covered with Progressive. No accidents, no tickets for either of us. Guess I'll dig out that letter re insurance I got with my HOG renewal. The Buell may go under a different policy.... (Message edited by countryx on December 04, 2004) | ||
| Kevyn  |
I had excellent service from Progressive when I tossed the Cyclone in a ditch back in '99. However, when I initially had them insure my Ducati the rate was very high. When I canceled the Ducati from the Progressive policy they ---unknown to me-- canceled the policy on my S2 also and left me without insurance...I found this out when I went to renew the plates and coudn't find a current insurance card and when I called to ask for a new one they politely informed me that my insurance policy had been canceled on the S2 when I canceled the Ducati. Could have been a miscommunication, I'll grant that. However, imagine riding without insurance and not knowing. Now, imagine knowing that you were riding without insurance and not knowing. Very bad feelings. Dairyland has been delightful to deal with and I think totally within reason for pricing. | ||
| Kevyn |
Oh yeah, Progressive has been a sponsor for the AMA Grand National Series racing events and has contributed to the Aid for Injured Riders fund as well as contributing for 'air fencing' and they have a big tractor trailer and tents at the races. You'd think they would be a bit more sensitive to rates, especially among the HD crowd that attends the dirt track events. | ||
| Swampy  |
Get in the insurance business? I just inspected a Limo-Bus in Ann Arbor, MI, this week....Owned by an insurance agent.....AFLAC (Health). He couldn't believe the insurance premium for his Limo-Bus....more than $8000. How ironic! He gets a taste of his own medicine. The insurance business is nothing more than a large government mandated gambling ring. The insurance companies set the odds according to their loss histories and then try to determine what next years investment returns will be so they can stay profitable and pay their lobbyist to have new rules enacted to benefit the insurance companies and that helps keep the lawyers busy. | ||
| Buelliedan  |
The reason why XBs rates have jumped so high is because people keep crashing them and when they do the XBs do not crash well. Even a slow speed parking lot tipover can result in the frame getting dented which will cost at least $2000 to fix. It's the collision part of your policy that costs so much. I bet if you just asked for liability on an XB you would find it to be very cheap. I pay $240 a year to insure 3 of my Buells with Progressive. Liability only. | ||
| Raceautobody  |
Please be careful with discount insurance companies\ {progressive, geico, ect.}. Being an owner of an auto body repair shop I deal with insurance companies everyday. Having that said, KNOW YOUR RIGHTS having to do with the repair of you car, truck, bike, ect. Discount insurance co. compete for the same market share as the rest. Read your policyyour contract with your insurace co. and understand it. I have found out many years ago you get what you pay for. Cost is only one issue in deciding on what insur. co to go with. There is always a reason some insurers can discount their rates. Do your homework. Al | ||
| Midknyte |
Even a slow speed parking lot tipover can result in the frame getting dented No. They are not that susceptable or fragile. Please be careful with discount insurance companies You won't be buying American Service Insurance for your Buell, they don't insure bikes. But do pray to the god of your choice that you NEVER get struck by a driver who carries one of their policies. If you do, be prepared to be on the phone several times a week for months (you'll be counting those months on two hands) on end to get anything resolved. And trust me, if you don't keep on them - the will let it sit! | ||
| Darthane  |
LOL...insurance. Ah, legalized extortion (no offense, Newfie). I remember calling a company that SPECIALIZED in motorcycle insurance - in fact, that was ALL they insured. I figured, hell, if ANYONE can correctly classify and insure the Buells, these guys can. ...they wanted $14,000 a year for JUST the Firebolt. No, there are no extra zeros in that and the comma is not misplaced. |
