Upgrading to a 650/1250 from Ninja 250

F

fredburke

New member
Hi Folks,

I have a couple of quick questions and was hoping to get feedback from insurance brokers/experts for renewal of insurance for the upcoming season.

Here's my situation:
29
M2 for 1.5 years
G for 9+ years
Currently with State Farm riding a 2005 Ninja 250, paying around $670 per year

Im thinking about upgrading to a 650 such as an SV650/GSF650/Katana, CBF600, Ninja 650 or to a reasonable used Bandit 1250 (sport touring)

Questions:

1. I looked at the flowchart and was a bit confused about the terminology sport or super sport. Can anyone sort of define what is a sport / sport touring / standard / street for insurance purposes. Does the ninja 250 fall in sport/super sport? What about the Suzuki 650 Katanas/SVs/SVFs and similar bikes?

2. Can anyone sort of give me an idea of the differential in insurance costs between a jump from 250cc to 650cc to 1250cc? i.e How much more in your experience did you have to pay upping the cc's in these categories across a class of bikes?

3A. Any recommendations on cheap to insure bikes in the sport touring / street category? Decent 2000 - 2005 model 650s can be bought for around 3-5k so thats my budget and I dont want to pay half the bike's price in insurance in one year :)

3B. Any recommendations on insurance companies that may classify a particular bike in this class cheaper than others / any secret combination of bike+insurance company that may be worth looking at :) ?

4. Should i wait another year? Does hitting 30 years of age really (all of a sudden) make a HUGE difference in pricing?
 
I was with state farm riding a SV650 as a new rider and rates were not bad as they go by cc, best to call your broker. My SV is up for sale if your interested in one. :)
 
Call around and get quotes. Try out openroadprogram.ca and other online quoting sites. Then you can play around with the date you got your M1, your age, etc. You'll find that you need your M class license at least 5-6 years in order for your rates to drop significantly. At least that's what I found.

What I'm saying here is that if you want a bigger bike, waiting 1 year or 2 years isn't going to change much in terms of insurance, other than obviously saving money by paying lower insurance on a 250 for an extra year.
 
I went from a Ninja 250 at $650 per year to a Ninja 650 r at $870 per year. 4 years experience Full M license. Im with TD insurance full coverage only $500 deductables. I asked them what category the Ninja 650r was and they told me they just go
by the engine size. I probably could of ended up paying the same amount for a 600 Cc supersport.
 
I have a bandit 1250, mantha cancelled my insurance because they classified it as a SS bike??? All others put it in the standard/sport touring class.
I pay just over $800 full coverage for it.
It's also for sale ;).
 
Last edited:
bikermahn said:
I would think it is based on class + engine size and not engine size only...
Click to expand...


That's what I thought also. When they gave me a quote I made a point of telling them that it's 650R (Sport Bike not Super Sport). They told me it didn't matter. I'm sure they have a list of bikes that they will rate higher. But for me it didn't matter if it was a ZX6R or 650R. The quote would of been the same or close to it. The only difference may have been that the ZX6R costs more so there may been a slight increase on the collision premium. But as far as the liability premium was concerned. It would have of been the same.
 
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