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Buell Forum » Quick Board Archives » Archive through May 12, 2008 » My Insurance is going DOWN!!! « Previous Next »

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Xl1200r
Posted on Thursday, May 08, 2008 - 04:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

YES!!!! I turn 25 in 2 months. Right now I pay $1100/yr for coverage for the Buell. Starting July 1 it goes down to $300!!!

The car will go down, too, so that means an extra grand in my pocket every year.

Feels like I just got a raise or something!
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Buellerandy
Posted on Thursday, May 08, 2008 - 04:15 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Screw that, now you can finally afford to have a little more fun on it: )

(Message edited by buellerandy on May 08, 2008)
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Xl1200r
Posted on Thursday, May 08, 2008 - 04:20 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Tell me about it - not to mention the girlfriend and I are getting a place together (I currently live alone) which is closer to work. I'll be saving another $5500/yr with that as well!

I'll be living high as a hog- er, Buell? Whatever. I smell a second bike, haha.

In any event, it will be nice to not feel so thinly spread trying to pay these student loans.

(Message edited by xl1200r on May 08, 2008)
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Ferris_von_bueller
Posted on Thursday, May 08, 2008 - 04:35 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Who is your insurance provider?
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Thumper74
Posted on Thursday, May 08, 2008 - 05:41 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

5 months and counting...
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Xl1200r
Posted on Friday, May 09, 2008 - 08:35 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

State Farm
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Darthane
Posted on Friday, May 09, 2008 - 09:01 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Ya know, I felt the same way a couple years ago...then I just got really, REALLY pissed off about the whole thing.

Yes, magically, at the stroke of midnight on March 31st, I became a better driver! Imagine that! Wow, who knew that a single second could imbue a person with maturity and skill to warrant such a 'windfall'.

LEGALIZED EXTORTION, that's all insurance is. Complete and utter bullshit. When I bought my XB9R, my insurance was ~$1600 a year. A XB9S was ~$900 a year. Think about that. Same price, same powertrain, same suspension, brakes, etc, etc, etc...yet $700 difference?

Oh, I forgot, my bike has a 'R' in the designation, obviously a racing bike that I'm going to run out and kill myself on.

/rant
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Xl1200r
Posted on Friday, May 09, 2008 - 09:53 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only)

Well, the woman on the phone told me that bikes are much more volatile than cars as far as rates go, because there are only three classifications:

Under 25 and single
Under 25 and married
Over 25

Being that I'm not married, I'm able to jump from the most expensive pool to the least.

I agree, I don't think it makes much sense and I think the system should be a little more "refined", but at the same time, while you think you've probably been paying more than you should have up until you were 25, you're also going to be paying less than you should right after. That's just my theory and justification of it all.

Interesting enough, my bike insurance (a MUCH more dangerous machine) goes down to
27% of what I was paying before, while my car (with safety cages and air bags) only goes down to 75% of what I was paying.

Again, makes so sense, but less money is less money and I'm happy.
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