Insurance question for a 19 year old new rider.

[PLau]

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Being 19 and less than a year of exp with your own policy, you will probably be forced to go with facility and looking at rates at $3000-$3500 on a cbr125. You can try for TD MM and hope for the best w/ group discounts (especially if you're going to "their approved schools")


As for a discount at 1 year experience, Jevco is/has been bought out and their rating system has changed so that you save much less as a new rider.

Source: I'm 21 with a cbr125 w/ almost 2 yrs "riding exp".

 

[KarGo]

^I don't know why everyone gets full coverage on these cheap/ low displacement bikes. Cbr125 is like a bicycle with a motor, get liability only... I'm 18 got my bike this year, FZR400 - liability only 1809/year.

 

[PLau]

^I don't know why everyone gets full coverage on these cheap/ low displacement bikes. Cbr125 is like a bicycle with a motor, get liability only... I'm 18 got my bike this year, FZR400 - liability only 1809/year.

Oh sorry, I forgot to mention that its for Liability and Fire & Theft. Fire and theft was like $9 a month or something like that. Soo... Its not full coverage. On the same note, I am paying approx $1900 right now with the same coverage. (Jevco)

Your premium could also have something to do with the 20+ year old bike.

 

[Newblet]

Oh sorry, I forgot to mention that its for Liability and Fire & Theft. Fire and theft was like $9 a month or something like that. Soo... Its not full coverage. On the same note, I am paying approx $1900 right now with the same coverage. (Jevco)

Your premium could also have something to do with the 20+ year old bike.

CBR 125r, 2 years exp, fire/theft/liability at 1M, 22 year old = 1400 for me with Jevco, and I am willing to bet it goes up again this year.

 

[KarGo]

Oh sorry, I forgot to mention that its for Liability and Fire & Theft. Fire and theft was like $9 a month or something like that. Soo... Its not full coverage. On the same note, I am paying approx $1900 right now with the same coverage. (Jevco)

Your premium could also have something to do with the 20+ year old bike.

I personally wouldn't get a comprehensive coverage on those bike, I didn't think anybody would steal that old bike.

 

[PLau]

I personally wouldn't get a comprehensive coverage on those bike, I didn't think anybody would steal that old bike.

People will steal anything they can get their hands on. A couple people got smaller bikes stolen like a Rukus or some random scooter. Helmets and gloves are stolen as well
The way I think of it is for $9 a month... Why not? (Not really sure if it was $7 or $9)

CBR 125r, 2 years exp, fire/theft/liability at 1M, 22 year old = 1400 for me with Jevco, and I am willing to bet it goes up again this year.

My premiums rate is for when I was 20 w/ 1 ticket and 1 car accident (accident doesn't count with Jevco atm)

 

[unL33T]

Probably work but you're still committing insurance fraud. Just FYI.

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