Under 25 with a sport bike...what do you pay? | Page 3 | GTAMotorcycle.com

Under 25 with a sport bike...what do you pay?

Kargo93 said:
Lol just for fun I got a quote for 2006 R6 at Td-MM, the quote was over $10,000 they couldn't calculated because I was too high of a risk.
Click to expand...

That's their way of telling you to shove off though :p they're legally obligated to provide you with a quote. It just doesn't need to be halfway reasonable. State Farm is the best for SS insurance until you hit 30, then TD-MM gets competitive. I think that's pretty well accepted.
 
i got a quote on a 93 suzuki gsxr6 (i believe it was that mode 600) an it was 125 a month with statefarm age of the bike really helps because a 2000+ ninja 500 was 300 a month
im 23
cambridge
i still decided to go with a newer 250 ninja same on insurance but more noob friendly and when i decide to upgrade i got a good deal on my 250 i prolly wont lose any money or very little and then upgrade when im more experienced and i hit 25
 
It's a '93...no one would've charged you SS rate for it. Anything '96 or older won't be classified as an SS with Jevco.
 
Me: 22 with a 2008 gsxr 600, clean record, M2

I pay - $300/month for liability + fire & theft
$390/month if I want full coverage

With statefarm
 
Just as an update I don't remember if i posted yet. I pay 337/month. 21 clean record and GM2 with State Farm. However i`ve heard a lot of people getting crap now bout needing 6 years but it depends on the agent.
 
When I was 24 (4 years ago) I was paying $434/month with SF at the age of 24. That's on my 650R which is slightly higher on SF since they only charge by engine size. It was supposed to drop to $140/month when I turned 25 (which was 2 months after I got the bike). However, due to the way they charge you for the premium, even after I turned 25 (at the end of summer) I was still paying around $320/month for the next 3 months or so, which was annoying. I would've saved a LOT of money to just wait 2 months.
 
Year 1: 22, '08 CBR125, 183/mo
Year 2: 23, '08 GS500, 175/mo
Year 3: 24, '90 GSXR 750, 133/mo

Jevco

I'm liking the trend =D Upgrading cc's, lowering premiums.
I'm very curious about my quote for a VTR1000 or CBR929 ('95-'05) when I turn 25.
 
unL33T said:
When I was 24 (4 years ago) I was paying $434/month with SF at the age of 24. That's on my 650R which is slightly higher on SF since they only charge by engine size. It was supposed to drop to $140/month when I turned 25 (which was 2 months after I got the bike). However, due to the way they charge you for the premium, even after I turned 25 (at the end of summer) I was still paying around $320/month for the next 3 months or so, which was annoying. I would've saved a LOT of money to just wait 2 months.
Click to expand...

Why in god's name would you insure a 650 with State Farm!? I paid $2900 my first season with a SV650 at age 20. They rated me as if I had my M1 the whole time. My renewal rate should be under $1400.
 
Macs said:
Why in god's name would you insure a 650 with State Farm!? I paid $2900 my first season with a SV650 at age 20. They rated me as if I had my M1 the whole time. My renewal rate should be under $1400.
Click to expand...

Only a little more expensive than the next cheapest I found at the time which was TD. However, TD was going to charge me the "below 25" rate for the entire year even though my birthday was in 2 or 3 months. StateFarm told me it would change on the day of my bday so it would be way cheaper.

From seeing some of the rates on here (below $300 a month, with tickets, in Toronto, at 22-24) it seems I wasn't getting a very good rate even though my record is 100% clean (and was at the time) and I lived in Guelph area (lower insurance rate area). Maybe it was because I had just gotten my M2?
 
unL33T said:
Only a little more expensive than the next cheapest I found at the time which was TD. However, TD was going to charge me the "below 25" rate for the entire year even though my birthday was in 2 or 3 months. StateFarm told me it would change on the day of my bday so it would be way cheaper.

From seeing some of the rates on here (below $300 a month, with tickets, in Toronto, at 22-24) it seems I wasn't getting a very good rate even though my record is 100% clean (and was at the time) and I lived in Guelph area (lower insurance rate area). Maybe it was because I had just gotten my M2?
Click to expand...

You were getting an "ok" rate for a 636 ZX6R... State Farm is the only provider that rates solely by engine CCs. Had you gone with any other insurer your rate would've been half.
 
Once again after reading through these posts i'm back to sitting on my *** until i'm 25 before an upgrade..thank you over priced Ontario insurance.
 
Macs said:
You were getting an "ok" rate for a 636 ZX6R... State Farm is the only provider that rates solely by engine CCs. Had you gone with any other insurer your rate would've been half.
Click to expand...

Nope. Got quotes from all kinds of companies. Since I was under 25 and had been riding for under a year several companies refused to cover me, several others wanted to bill me as if I was 24 for the entire year, and several others just had insane rates. In the end the best rates were from TD and SF. TD wanted to bill the whole year as if I was 24 so I went with SF. Plus SF would cover my cars. Then I switched to ThePersonal later and moved all my vehicles to them.
 
unL33T said:
Nope. Got quotes from all kinds of companies. Since I was under 25 and had been riding for under a year several companies refused to cover me, several others wanted to bill me as if I was 24 for the entire year, and several others just had insane rates. In the end the best rates were from TD and SF. TD wanted to bill the whole year as if I was 24 so I went with SF. Plus SF would cover my cars. Then I switched to ThePersonal later and moved all my vehicles to them.
Click to expand...

<3 HomeforChrome > Jevco
You've been screwed friend.
 
Blank said:
I wish my parents would buy me a $10,000+ motorcycle.
Click to expand...

Lol, I wish my parents would buy me a motorcycle $100+.

Anyways,
21, GM2
CBR125
First year (didn't ride) $3500 quote
Second year Jevco, $1900 ($158/mo)
Next year (quote) SF, $1440 ($120/mo)
 
Last edited:
You must log in or register to reply here.

Back
Top Bottom