[SilverSV]

I am moving from a 07 Ninja 250 to a 09 SV650SF and am currently looking for insurance.

I am 23 y/o male, no tickets or accidents EVER on a bike or car.

I got progressive right now and pay about $500 for the Ninja 250. PRogressive quoted me at over $1200 for the exact same coverage for the SV650SF. This suprised me, an increase of $700 for 400 more CCs.

Needless to say I don't think I will be renewing with progressive, Esurance came out to $850 for the same coverage.

Geico and State Farm say I have to call them

But then I checked Rider and they quoted me at about $450 for the same exact coverage. I couldn't believe it! Why is rider so much more inexpensive. LEss then what I pay for the Ninja 250!!!! IS there something I should know about Rider before I commit? Is there some sort of lack of coverage I should be aware of?

Thank you for any feedback.

 

[7Zark7]

Because they are going to jack it up to $1200 next year. At least, that's what they did to me.

 

[Muddturtle3]

IS there something I should know about Rider before I commit? Is there some sort of lack of coverage I should be aware of?

Thank you for any feedback.

No medical.

 

[Rider8]

I had heard about how affordable Rider was from several people when I started riding last year. As far as I know they are a fine company to insure with. I have not had to deal with them since I signed up last June, so no feedback on claims handling or anything like that.

 

[soulpatch]

Did you attempt a brand new quote with Progressive INSTEAD of logging into your policy and quoting a change?

I did and my rate dropped from $750 to $422 a year with full coverage on my SV1K and comprehensive only on my GSXF600

 

[SilverSV]

soulpatch, I tried it and it actually increased the rate to $1400

 

[entropysedge]

Because they are going to jack it up to $1200 next year. At least, that's what they did to me.

same here ...

also, Rider's cheap policy only covers the minumium, (15/30/15) not enough coverage for anything.

 

[Muddturtle3]

same here ...

also, Rider's cheap policy only covers the minumium, (15/30/15) not enough coverage for anything.

I think you can opt for higher...but you have to pay for it. Its been so long since i've had Rider i don't honestly know anymore. All i know is that state farm has been awesome about cutting rebate checks, multi line discounts and what not. For my 2003 600RR i pay ~300 a year for full coverage no different than on my truck with a $500 deductible.

 

[7Zark7]

I would go with State Farm but you have to have auto insurance with them in order to get motorcycle insurance. It's not worth it to me to switch from NJM for my truck just to save a few bucks on the motorcycles. Unfortunately, NJM doesn't offer motorcycle insurance.

 

[SilverSV]

Looks like I may go for rider.

They do offer more then the minimum and I actually upped the coverage and it still only comes out to about $520. Looks like I'm going to go with Rider for this year and see what happens next year to my rates. Even if next year is more expensive, the year after I hit 25 which is known for a huge decrease in insurance costs supposedly.

I also went to the bank today and hopefully will get approved for a 6.5 % loan for the bike (much better then Suzuki's 17%) If this all goes into motion, I will be the owner of a 2009 SV650 by April 1st.

I appreciate everybodies help and feedback!

 

[herbn]

actually if you figure it out 650 is about 2.5 x 250 so you're getting 25cc for free he he,could they're risk calculations actually be that simplistic? lucky you/us;i've got foremost at about 800 ish so i guess i'm ok. this long winter has me rethinking ins for next year, i'll have to ask about a "storage mode" for insurance.

 

[Anger]

New Jersey insurance questions.

When I was shopping for a new SV I used Progressive for quotes. They had different prices for 08's & 09's. :nana: I found Progressive really funny.

In NJ I ended up staying w/ Rider for my SV & DR cheaper than Progressive would do for the SV only.

 

[avc8130]

Because they are going to jack it up to $1200 next year. At least, that's what they did to me.

+1. I was paying $250ish for about 3 years. Then one day 2 years ago I got my renewal: $1200! I called them up and they said they reclassified the bike. I reminded them I had no accidents/tickets/claims. They said "tough".

State Farm got my insurance. I moved the truck/car over also because they beat the Geico price I had on those.

Rider can shove it after that.
ac

 

[7Zark7]

+1. I was paying $250ish for about 3 years. Then one day 2 years ago I got my renewal: $1200! I called them up and they said they reclassified the bike. I reminded them I had no accidents/tickets/claims. They said "tough".

State Farm got my insurance. I moved the truck/car over also because they beat the Geico price I had on those.

Rider can shove it after that.
ac

They did the same thing to me only it was 5 years ago. Funny how the exact same bike is "classified" differently for different people at different times.

 

[avc8130]

They did the same thing to me only it was 5 years ago. Funny how the exact same bike is "classified" differently for different people at different times.

Honestly it could have been 5 years ago. I just remember it sucked and that they can go lick a porcupine.

ac

 

[Puntas13]

NJ has one of the highest if not the highest insurance cost in the us.

 

[Anger]

True, but what are you gonna do?