State Farm Insurance Requirements

DOHC1

DOHC1

Well-known member
Hi,
I'm hoping to upgrade my 250r to a Ninja 650 next season.

I'm only 20 so insurance is a major factor here. Currently paying $2000/year through MM (YorkU discount). Statefarm has these requirements as far as I know:

Licensed for 5 years
Decent driving record (mine is 100% clean so no worries there..yet)

I got my license on my 16th birthday, which means as of June 1st 2013, I will be eligible for Statefarm (hit the 5 year mark). I have read on these forums before that some brokers will write you a policy if you are very close to meeting the requirements. Seeing as I'd start insurance in March, do you think Statefarm would write the policy? Worst case scenario I can keep the 250 till June. I'd be picking up the 650 in the fall when prices are low, and selling the 250 in spring when prices are high.
 
DOHC1 said:
Hi,
I'm hoping to upgrade my 250r to a Ninja 650 next season.

I'm only 20 so insurance is a major factor here. Currently paying $2000/year through MM (YorkU discount). Statefarm has these requirements as far as I know:

Licensed for 5 years
Decent driving record (mine is 100% clean so no worries there..yet)

I got my license on my 16th birthday, which means as of June 1st 2013, I will be eligible for Statefarm (hit the 5 year mark). I have read on these forums before that some brokers will write you a policy if you are very close to meeting the requirements. Seeing as I'd start insurance in March, do you think Statefarm would write the policy? Worst case scenario I can keep the 250 till June. I'd be picking up the 650 in the fall when prices are low, and selling the 250 in spring when prices are high.
Click to expand...
My experience with statefarm is they enter the facts, and dont do 'fictional' quotes.

I asked "what if i didnt have such and such" and she's like i can't do that on my system...
So your plan of buying low in fall and selling high in spring is a good idea, just dont ride the 650 and store it, and plate it when spring comes :)
 
I would double check with SF that it is 5 years licensed or 5 years with a G license, I thought it was 5 years with a G last time I talked to them.

I think SF will let your age slide a month but no more.
 
State Farm is not a good option for the 650R as I believe it is generally not surcharged as a supersport. When it is time to insure it, MM may give you a reasonable quote.
 
State Farm wanted $950 to insure me (G for 10+ years, M2 for 3 - no accidents - at fault anyhow, tickets, 33 years old, etc)
Jevco did it for me for $650.

For a Kawasaki 250. Friend I used to work with said that SF went by the CC of your engine mostly, he was a new rider at the time and he paid like $90/month for a 600 Gixxer
 
Yes, if you truly want the 650r, State Farm is not a good option. They classify based on engine size. I got quoted at Statefarm $336/year more on the 650r than the ZX-6R. Your better off getting a 600cc supersport with StateFarm.
 
Thanks for the input guys. I completely forgot that the 650r isnt surcharged.. But after spending today on a GSXR600 I'm definitely considering going SS :D
 
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