 MC Insurance cancelled
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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OP
Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
I had 2 claims on my policy within a year. Dropped a demo bike and then in Oct. went down after the Ar rally. I get a call from my agent yesterday. Uh...State Farm is not going to renew your bike policies on your T-bird and TBA. But they just raised your rates on the car and you get to keep that policy, oh by the way, happy holidays. Yeah right. I've had Bronchitis through the holidays, healing from a broken arm plus about $800 out of pocket medical expenses due to the broken arm. Now this.  Who is your insurance carrier and how old does your bike have to be before you all go to just liability instead of full coverage? Oh yeah Happy Holidays! 
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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Re: MC Insurance cancelled
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Joined: May 2007
Posts: 5,068 Likes: 1
Saddle Sore
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Saddle Sore
Joined: May 2007
Posts: 5,068 Likes: 1 |
Dang, sorry about all that. I think we've all been there at some point, wondering whether to file a claim and risk a rate increase or just pay out of pocket.
An insurance rule of thumb is this- never insure something you can replace easily within your means. If a bike or car is worth only 3 or 4 K it would be prudent to just carry liability and uninsured/underinsured motorist .
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Re: MC Insurance cancelled
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
Insurance companies are bast****s, everybody knows that. The only criteria I know is that the bank requires you to have full coverage on any thing you owe money on. Unless the amount is really low, then sometimes they will let you drop coverage and one just has to carry liability. This sort of thing happened to us a couple of years ago. We had the same insurance co. (Pekin) for 26 years, with only a couple of minor claims, never our fault. Then, the wife had an accident (First one in her life!) and they cancelled us. I was pretty mad about it. Here's what ya do. Just simply go to another company. Don't even think about continuing coverage with your old co. They don't have any loyalty, so you shouldn't either. Odds are, a different co. will pick you up and the rate might even be cheaper than what you WERE paying. Really, people change co.s all the time. And if you're worried about your "record", the way I hear it, is, a new insurance co will probably think that you had your accident in this decade. Probably not gonna happen again anytime soon. They play the odds, too. Seriously, look around, get a new co. and don't sweat it.
Fidelis et Fortis
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Re: MC Insurance cancelled
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Joined: Jan 2007
Posts: 3,467 Likes: 3
Loquacious
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Loquacious
Joined: Jan 2007
Posts: 3,467 Likes: 3 |
Geico has always had the best rates for me. But any new insurer is going to know about your claims with State Farm. Good luck!
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Re: MC Insurance cancelled
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Joined: Feb 2007
Posts: 23,225 Likes: 62
Fe Butt
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Fe Butt
Joined: Feb 2007
Posts: 23,225 Likes: 62 |
I have Aegis (sp?) and pay only $85 a 12 month year on both bikes.
I learned all I need to know about life by killing smart people and eating their brains.
Eat right ,Exercise ,Stay fit, Die Anyway!
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 1,847
Learned Hand
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Learned Hand
Joined: Jan 2005
Posts: 1,847 |
Been back and forth from Progressive to Geico for liability only, they both try to raise the rate each year for no claims. about 75 USD per year until the second year.... So I look for another.
Warren
04 Caspian Blue and Silver America
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Re: MC Insurance cancelled
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Joined: Feb 2007
Posts: 23,225 Likes: 62
Fe Butt
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Fe Butt
Joined: Feb 2007
Posts: 23,225 Likes: 62 |
That's $85 for both bikes combined or about $42.50 each.
I learned all I need to know about life by killing smart people and eating their brains.
Eat right ,Exercise ,Stay fit, Die Anyway!
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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OP
Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
Any veterans or active duty military here have Insurance from USAA?
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 11,126 Likes: 13
Should be Riding
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Should be Riding
Joined: Jan 2005
Posts: 11,126 Likes: 13 |
Hey Paul,
Bummer about your State Farm cancelling you. FWIW I have Foremost. 3 americas full coverage (no medical) Yearly policy: $209.69.
Blowing gravel off rural roads
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Re: MC Insurance cancelled
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Joined: Apr 2010
Posts: 114
Adjunct
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Adjunct
Joined: Apr 2010
Posts: 114 |
I have Car ins. thru USAA but they don't cover mc in VA.
They have a deal with Progressive and I am happy with that.
My annual cost is 89 dollars a yr with $1000 deductible and no medical. Also crashed in 2012 with no increase !
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Re: MC Insurance cancelled
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Joined: Mar 2007
Posts: 373
Adjunct
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Adjunct
Joined: Mar 2007
Posts: 373 |
Quote:
Hey Paul,
Bummer about your State Farm cancelling you. FWIW I have Foremost. 3 americas full coverage (no medical) Yearly policy: $209.69.
I'm thinking about switching to Foremost when my current policy is up. The insurance company I have now sent me a refund check in mine and my deceased wife's name. When I took it to them to get it in my name only so that my bank would cash it they told me to go to their bank and forge her name and cash it there. They didn't want to take the trouble of doing it right. I refused and they eventually reissued the check in my name only. I don't need that kind of insurance company.
'06 America, Raask foot controls, the bike use to be Graphite and Silver, now its Red and Black.
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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OP
Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
Finally decided on Progressive. I'll have to pay around $372 a year for 2 bikes. Hopefully it will go down if I am accident free for a couple of years. Foremost was ridiculous. They were wanting about $1100 per year. 
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 7,630 Likes: 7
Monkey Butt
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Monkey Butt
Joined: Jan 2005
Posts: 7,630 Likes: 7 |
USAA has decided to price themselves out of the motorcycle market. Once they started covering enlisted personnel their motorcycle claims went way up as young kids were buying Hayabusas and such. I'd had USAA on my previous bikes but when I bought the America in 2004 the quote was completely out of line. I went with American Family and later with Nationwide.
We all like to think of ourselves as rugged individualists. But when push comes to shove most of us are sheep who do what we are told. Worst of all, a lot of us become unpaid agents of whoever is controlling the agenda by enforcing the current dogma on the few rugged individualists who actually exist.
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Re: MC Insurance cancelled
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Joined: Mar 2009
Posts: 12,964
Stickman Yogi
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Stickman Yogi
Joined: Mar 2009
Posts: 12,964 |
Sorry about your woes with the insurance co. Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
Live to love, love to live.
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Re: MC Insurance cancelled
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Joined: Mar 2010
Posts: 165 Likes: 23
Adjunct
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Adjunct
Joined: Mar 2010
Posts: 165 Likes: 23 |
I have GEICO,$250.00 per year. I had a claim two years ago, price did not go up and the service was excellent. I actually got more than it cost for the repair.
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Re: MC Insurance cancelled
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Joined: Jan 2005
Posts: 6,681 Likes: 1
Bar Shake
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OP
Bar Shake
Joined: Jan 2005
Posts: 6,681 Likes: 1 |
Quote:
Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
Dang Keith! It's a wonder you can afford to ride. The bikes cost more to begin with, then they rip you with high insurance rates. 
"Catching a yellow jacket in your shirt at seventy miles per hour can double your vocabulary" Author unknown
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Re: MC Insurance cancelled
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Joined: Dec 2006
Posts: 7,028 Likes: 8
New Tires
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New Tires
Joined: Dec 2006
Posts: 7,028 Likes: 8 |
Quote:
USAA has decided to price themselves out of the motorcycle market. Once they started covering enlisted personnel their motorcycle claims went way up as young kids were buying Hayabusas and such. I'd had USAA on my previous bikes but when I bought the America in 2004 the quote was completely out of line. I went with American Family and later with Nationwide.
My Marine nephew told me that when his unit returned from Iraq and Afghanistan a huge number of the single guys purchased crotch rockets and were wrecking them like mad. Seems they still needed the excitement. So your theory is probably correct.
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
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Re: MC Insurance cancelled
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Joined: Dec 2006
Posts: 7,028 Likes: 8
New Tires
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New Tires
Joined: Dec 2006
Posts: 7,028 Likes: 8 |
Quote:
Quote:
Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
Dang Keith! It's a wonder you can afford to ride. The bikes cost more to begin with, then they rip you with high insurance rates.
But, that's Canadian dollars and insurance!
Sorry Keith, I couldn't resist. 
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
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Re: MC Insurance cancelled
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
Quote:
Sorry about your woes with the insurance co. Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
Holy insurance scam, Batman! When I bought the Indian last year, my insurance co. ripped me for close to $800 for full coverage and I about puked! Since then, I've checked around and I'm hoping to buy from another company this year for around $300.
Fidelis et Fortis
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Re: MC Insurance cancelled
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Joined: Jul 2011
Posts: 2,212
Oil Expert
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Oil Expert
Joined: Jul 2011
Posts: 2,212 |
Quote:
Sorry about your woes with the insurance co. Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
In Alberta we don't have the goverment insurance like Keith does in BC but for 1 year with complete coverage for the storm i am paying 530.00 a year, but we only ride for 5 months! LOL 
2007 Speedmaster and miss it!
2013 T-Bird Storm and Luvin it!
Catching a yellow jacket in your shirt at 70 mph can double your vocabulary
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Re: MC Insurance cancelled
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Joined: Jan 2007
Posts: 3,467 Likes: 3
Loquacious
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Loquacious
Joined: Jan 2007
Posts: 3,467 Likes: 3 |
GEICO. $146 per year. 2 bikes, full coverage. 12 months of riding. OTOH, they want over $600 for the 150cc China scoot. Probably due to theft concern. It would cost more to insure than it's worth, but fortunately, motorcycle insurance is not mandatory here. I did about 20 miles on that bike yesterday in the rain. 50 mph on 10" wheels. Had a blast. 
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Re: MC Insurance cancelled
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Joined: Jul 2007
Posts: 6,060 Likes: 6
Worn Saddle
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Worn Saddle
Joined: Jul 2007
Posts: 6,060 Likes: 6 |
I just checked the Geico site. They list my Indian at $251 per year, full coverage. My insurance guy is gonna have to do some fast talkin or I'm walkin!
Fidelis et Fortis
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Re: MC Insurance cancelled
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Joined: Mar 2008
Posts: 1,586 Likes: 1
Learned Hand
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Learned Hand
Joined: Mar 2008
Posts: 1,586 Likes: 1 |
Quote:
Quote:
Sorry about your woes with the insurance co. Up here I pay $125/mo for one bike and that's with a 40% safe driver discount!
In Alberta we don't have the goverment insurance like Keith does in BC but for 1 year with complete coverage for the storm i am paying 530.00 a year, but we only ride for 5 months! LOL
And your lucky to find a company up that will insure you for any thing less than a year at a time.
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Re: MC Insurance cancelled
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Joined: Aug 2007
Posts: 10,730 Likes: 5
Should be Riding
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Should be Riding
Joined: Aug 2007
Posts: 10,730 Likes: 5 |
I know my Daytona is around 80 a year, I think liability on the America is about 120 or so, it went up after my wreck. I can't get full coverage on it again until I get it re-certified by the highway patrol
Always remember to be yourself. Unless you suck. Then pretend to be someone else.
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Re: MC Insurance cancelled
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Joined: Feb 2007
Posts: 23,225 Likes: 62
Fe Butt
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Fe Butt
Joined: Feb 2007
Posts: 23,225 Likes: 62 |
I remember a few insurance companies that would only insure for a 6 month period and required proof of garaging for the other 6. Haven't run into that in a long time but I have had my same company for years.
I learned all I need to know about life by killing smart people and eating their brains.
Eat right ,Exercise ,Stay fit, Die Anyway!
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