Insurance price in the USA for a 2020 Vespa GTS 300?
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Member
Joined: 09 Oct 2019
Posts: 18
Location: Texas
Thu Oct 31, 2019 4:18 pm quote
I am hoping to get a Vespa by the end of the year and want to start looking at my finances. Does anyone know about how much I would be spending on insurance?

It will be used in Texas.
Veni, Vidi, Posti
LX190, Primavera
Joined: 12 Oct 2007
Posts: 5994
Location: New Zealand
Thu Oct 31, 2019 4:20 pm quote
$42
Member
Joined: 09 Oct 2019
Posts: 18
Location: Texas
Thu Oct 31, 2019 4:25 pm quote
is that 42 NZD? or USD?
Veni, Vidi, Posti
LX190, Primavera
Joined: 12 Oct 2007
Posts: 5994
Location: New Zealand
Thu Oct 31, 2019 4:32 pm quote
BirdLover wrote:
is that 42 NZD? or USD?
Elbonian eyecruds.
Ossessionato
2014 Commuter BV350(42,000)/2015 Scoot Life BV350(10,000)/2010 El Diablito SH150i(29,000)
Joined: 27 Dec 2013
Posts: 2276
Location: Orange Park Florida
Thu Oct 31, 2019 5:34 pm quote
I'd bet your local insurance agent can answer that question more precisely than we can. I pay less for 3 scoots than 1 Astro cargo van.
Veni, Vidi, Posti
2007 LX150 2015 GTS 2013 BV 350
Joined: 13 Sep 2012
Posts: 8791
Location: Fond du Lac, Wisconsin
Thu Oct 31, 2019 6:07 pm quote
breaknwind wrote:
I'd bet your local insurance agent can answer that question more precisely than we can.
+1

There seems to be enough variation between states and regions that generic responses are pretty much worthless.
Veni, Vidi, Posti
GTS 300ABS, Buddy 125, Typhoon 125
Joined: 29 Dec 2007
Posts: 10914
Location: Oregon City, OR
Thu Oct 31, 2019 6:32 pm quote
There is also a very large variation among individuals based on their driving and financial histories. I pay about $200 a year for full coverage on my 2015 GTS. I'd suggest you get quotes from 2 or 3 providers.
Member
2015 Vespa Primavera 150
Joined: 17 Oct 2019
Posts: 16
Location: Long Beach Island
Thu Oct 31, 2019 8:18 pm quote
$100 per year Geico in New Jersey for a 2015 Primavera 150 for basic coverage. When I was shopping for a Vespa there was no difference in price for the 150 or the 300.
Veni, Vidi, Posti
GTS 300, BV 500, Buddy 125
Joined: 05 Apr 2008
Posts: 7972
Location: Houston, TX/Breckenridge, CO
Fri Nov 01, 2019 6:16 am quote
It really depends on your driving record, what part of town you live in and whether you parking is secure aka garage or not. In West U asic coverage on a BV350 and Buddy 125 with a 21 year old male on our policy is $105. Switch it to full coverage and it goes up to $407 garage kept clean records other than Harvey flood damage killing two of our scooters. Price for the BV and 2019 Vespa GTS was the same before we moved the GTS to Colorado.
Enthusiast
Aprilia Scarabeo 500
Joined: 02 Oct 2019
Posts: 74
Location: Florida
Fri Nov 01, 2019 7:47 am quote
Scooter insurance shouldn't be too expensive. I would start with Progressive and Geico. You should be able to get a simple quote over the phone in 5 minutes. I have Geico on my Beo500 and I only pay $99/year.
Molto Verboso
2013 Vespa 300 Super, 2007 Burgman 400
Joined: 30 Mar 2014
Posts: 1563
Location: Minneapolis USA
Fri Nov 01, 2019 9:01 am quote
Insurance Agent Input
I have commented on insurance in prior posts.

If you purchase the bare bones requirement in your State, which does not
cover you medically or your scooter, the price can be cheap. This is called Liability Only.

Most on this forum understand, as has been mentioned, that your price
is also impacted by age, where you live, and whether or not you drive
like a Bank Robbing getaway driver. (frequent accidents/tickets)

Talk to a local agent. There is coverage for getting injured that covers
both medical bills, loss of income, and pain and suffering. Check it out.


Bob Copeland
Molto Verboso
Yamaha Tricity 155 Urban 2019 - MV Agusta 125 RS 1956 - Moto Guzzi Airone 250 Sport 1951
Joined: 21 Jul 2007
Posts: 1940
Location: Latina (Italy)
Fri Nov 01, 2019 10:02 am quote
Just to make you understand how it works here by me; the parameters are the area where you live, the age and the volume of the vehicle. Then there are 14 merit classes, starting from the highest and for small provinces in central Italy (from 150 cc to 400 cc) you can pay € 700. I am in class 8 and pay € 400 a year but only for accidents but can suspend it twice in two years and then split the expense. And so do many.That's how Bob also here, the additional guarantees have to be bought apart from legal fees included.
Molto Verboso
2013 Vespa 300 Super, 2007 Burgman 400
Joined: 30 Mar 2014
Posts: 1563
Location: Minneapolis USA
Fri Nov 01, 2019 10:24 am quote
Insurance in Italia
Attila,

I do remember buying insurance for my Fiat 500 and Ducati just outside
the NATO base in Bagnoli (North Suburb of Naples). I can not remember
how much it cost. I think you had to have the insurance to get your
license plates or pay tax on the car?

I also remember teaching my Italian Girl Friend to drive - she crashed into a parked car.

Bob Copeland
MInnesota
Addicted
2014 GTS 300ie
Joined: 20 Jun 2014
Posts: 704
Location: Belgium
Fri Nov 01, 2019 10:56 am quote
Wow, some cheap prices are mentioned here. In Belgium, for any 125cc or for a GTS300 you respectively pay some 100 or 140 euros (111 or 156 dollar). This includes liability and legal assistance. For 65 euro (72 dollar) extra you get Assistance that covers whole Europe. For my GTS that's some 230 dollar per year.

Full omnium cover isn't included. You could get that option, but it's very very expensive, due to accident risk stats for motorcycles. Some insurances don't even offer it, and those who do, cost far too much, relative to the price of a GTS.

A mobility insurance, that's for own injuries that you suffer, is quite cheap. Only a few dollars per year and can save you huge own hospital costs when you caused the accident, so that's a no-brainer.

I wonder how much extra you pay in the US for full coverage, apart from normal cover..
Enthusiast
Three, count 'em—three, Vespa 300s a bunch of other scooters.
Joined: 21 Jan 2013
Posts: 95
Location: Pensacola, Florida
Fri Nov 01, 2019 11:18 am quote
I am in Florida and our motorcycle insurance costs us about 350.00 per year for 6 scooters. 3 of those are newer, Vespa 300s all have full coverage, and breaking the two new ones out of the mix, they are about $80.00 each per year. The "beaters" are cheaper. Also, I'm guessing Geico figures my husband and I can only ride 2 at a time...LOL.
Molto Verboso
Yamaha Tricity 155 Urban 2019 - MV Agusta 125 RS 1956 - Moto Guzzi Airone 250 Sport 1951
Joined: 21 Jul 2007
Posts: 1940
Location: Latina (Italy)
Fri Nov 01, 2019 12:13 pm quote
Re: Insurance in Italia
Bob Copeland wrote:
Attila,

I do remember buying insurance for my Fiat 500 and Ducati just outside
the NATO base in Bagnoli (North Suburb of Naples). I can not remember
how much it cost. I think you had to have the insurance to get your
license plates or pay tax on the car?

I also remember teaching my Italian Girl Friend to drive - she crashed into a parked car.

Bob Copeland
MInnesota
I don't know from you but in Italy the vehicles (all) also pay an annual property tax based on power, 35 € for the 15 hp of my scooter.
I had sold the X Max four years ago and had up to five years to get back the same class of merit for another scooter; not all insurance companies in Italy allow you to have the same class as the car to apply on two-wheelers; i would have saved a lot in fact my car is in class 1 (the lowest) and pays 600 € a year (1600 cc 110 hp bifuel - LPG / petrol Fiat 500 X) Petrol price € 1.70 per liter, LPG price € 0.56 per liter.
Hooked
2013 Vespa GTS 300, 2007 Vespa LX150 (sold)
Joined: 05 Aug 2010
Posts: 269
Location: Rochester, NY
Fri Nov 01, 2019 12:26 pm quote
$135 for a 2013 GTS in Western NY.
Molto Verboso
2018 Vespa GTS 300 ABS- Bianco
Joined: 20 Apr 2013
Posts: 1951
Location: E. KY
Sat Nov 02, 2019 10:45 am quote
Mine is progressive. I can say that there about as many price points from the same company as there are MV mebers? I priced Progressive several places then an inmate on ADV told me his is from a certain lexington, KY agency and they are cheaper for a variety of reasons.
Honestly other than conversation too many factors to really compare.
In the USA each state has seprate laws, some have property tax, some don't, some have much higher insurance, some don't. I was told once by an insurer who'd quoted a ridiculously high premium that there were too many tort settlements in my area. Actually not true but "they'll tell you anything" is my experience with insurance companies.
Nobody need take this personally but I am in a life time hate relationship with insurance companies and not likely to go away anytime soon. I have learned they are your friend until they're not...
Addicted
2009 GTS 250ie
Joined: 24 Mar 2018
Posts: 565
Location: south Texas
Sat Nov 02, 2019 4:35 pm quote
Another big thing is going to be your driving record and riding experience. I don't recall reading in any threads you've started if you have a motorcycle endorsement on your license. Have you taken a Motorcycle Safety Foundation Safe Rider Course? If so, most insurance companies will give you a discount (usually 10%). Your age? That will make a difference, too. Off street parking? Even your zip code will matter.

Insurance in our part of the state isn't cheap... may be something an insurance agent told me: that over 1/3 of the drivers in this area are uninsured.
Veni, Vidi, Posti
GTS 300ABS, Buddy 125, Typhoon 125
Joined: 29 Dec 2007
Posts: 10914
Location: Oregon City, OR
Sun Nov 03, 2019 10:37 am quote
I notice many of the above quotes are for minimum liability insurance required for registration. I wouldn't think anyone buying a new 2020 GTS HPE would be looking for insurance without collision, comprehensive, and theft coverage. If you plan to finance, full coverage will be mandatory.
Molto Verboso
Yamaha Tricity 155 Urban 2019 - MV Agusta 125 RS 1956 - Moto Guzzi Airone 250 Sport 1951
Joined: 21 Jul 2007
Posts: 1940
Location: Latina (Italy)
Sun Nov 03, 2019 10:45 am quote
Captain Jim wrote:
Another big thing is going to be your driving record and riding experience. I don't recall reading in any threads you've started if you have a motorcycle endorsement on your license. Have you taken a Motorcycle Safety Foundation Safe Rider Course? If so, most insurance companies will give you a discount (usually 10%). Your age? That will make a difference, too. Off street parking? Even your zip code will matter.

Insurance in our part of the state isn't cheap... may be something an insurance agent told me: that over 1/3 of the drivers in this area are uninsured.
Let me understand ... do you mean that insurance is not mandatory, or that it is but there are those who do not pay it (as in Italy)?
Molto Verboso
Yamaha Tricity 155 Urban 2019 - MV Agusta 125 RS 1956 - Moto Guzzi Airone 250 Sport 1951
Joined: 21 Jul 2007
Posts: 1940
Location: Latina (Italy)
Sun Nov 03, 2019 10:51 am quote
Dooglas wrote:
I notice many of the above quotes are for minimum liability insurance required for registration. I wouldn't think anyone buying a new 2020 GTS HPE would be looking for insurance without collision, comprehensive, and theft coverage. If you plan to finance, full coverage will be mandatory.
Yes ... it's like that, of course.
Hooked
Vespa GTV250:: Et4 150
Joined: 15 Jul 2014
Posts: 237
Location: Huntington Beach, Ca.
Sun Nov 03, 2019 11:34 am quote
breaknwind wrote:
I'd bet your local insurance agent can answer that question more precisely than we can. I pay less for 3 scoots than 1 Astro cargo van.
are Astro vans still on the road ?
Molto Verboso
2009 GTS 250, 2013 Buddy 125, 2014 Triumph Bonneville
Joined: 23 Apr 2016
Posts: 1914
Location: North Jersey
Sun Nov 03, 2019 4:59 pm quote
huntbchsocal wrote:
breaknwind wrote:
I'd bet your local insurance agent can answer that question more precisely than we can. I pay less for 3 scoots than 1 Astro cargo van.
are Astro vans still on the road ?
90% are still on the road. The other 10% made it to their destination without breaking down...
Addicted
2009 GTS 250ie
Joined: 24 Mar 2018
Posts: 565
Location: south Texas
Sun Nov 03, 2019 5:30 pm quote
Attila wrote:
Captain Jim wrote:
Another big thing is going to be your driving record and riding experience. I don't recall reading in any threads you've started if you have a motorcycle endorsement on your license. Have you taken a Motorcycle Safety Foundation Safe Rider Course? If so, most insurance companies will give you a discount (usually 10%). Your age? That will make a difference, too. Off street parking? Even your zip code will matter.

Insurance in our part of the state isn't cheap... may be something an insurance agent told me: that over 1/3 of the drivers in this area are uninsured.
Let me understand ... do you mean that insurance is not mandatory, or that it is but there are those who do not pay it (as in Italy)?
Yes, insurance is mandatory here. You have to show proof of insurance to get the annual inspection, to get your license tag. What happens here frequently: people buy 30 days worth of insurance, just long enough to get the inspection done, then drive illegally without insurance for the next 11 months. There are sleazy insurance companies who advertise that you can purchase insurance "by the month." They are not talking about monthly payments.
Member
2020 GTS HPE 300
Joined: 23 Nov 2019
Posts: 35
Location: San Diego
Wed Nov 27, 2019 11:51 pm quote
$42 a month through GEICO and I added extra coverage. USAA tried to charge me $175 a month as they classify a scooter like an ATV or other recreational vehicle. So we pulled all our insurance from them and gave it to GEICO.
Member
GTS 300 super (US v.)
Joined: 03 Jan 2014
Posts: 44
Location: Brussels, Belgium
Thu Nov 28, 2019 12:59 am quote
i pay 62eur/year in Lithuania for my 300GTS (2014). Its only liability
Veni, Vidi, Posti
2007 LX 150 (memories)
Joined: 12 Jun 2007
Posts: 8198
Location: New Hampshire
Thu Nov 28, 2019 7:28 am quote
Insurance variables:

The state you live in.

The area you live in.

Garaged or not.

Your age.

Your driving record.

Your credit rating.

To sum it up;

How much does insurance cost?

How long is a piece of string?
Veni, Vidi, Posti
Modded Vespa 2017 GTV 300, BMW 2017 C650GT, Ural 2019 Gear Up
Joined: 21 May 2017
Posts: 5810
Location: Downtown Toronto
Thu Nov 28, 2019 8:01 am quote
znomit wrote:
BirdLover wrote:
is that 42 NZD? or USD?
Elbonian eyecruds.
Better that Imperial Credits according to the Mandalorean.

As far as insurance goes there are SO many variables. Best bet is to go out and get a few quotes.
Hooked
2006 LX 50
Joined: 16 Jun 2017
Posts: 471
Location: Warren MI
Fri Nov 29, 2019 12:09 pm quote
In Michigan we are very fortunate. We get to pay around $200/year to the Michigan Catastrophic Claims association for every insured vehicle. That's before any coverage. So even if you could get a Vespa policy for $200/year it would cost you $400.
Veni, Vidi, Posti
Modded Vespa 2017 GTV 300, BMW 2017 C650GT, Ural 2019 Gear Up
Joined: 21 May 2017
Posts: 5810
Location: Downtown Toronto
Fri Nov 29, 2019 12:24 pm quote
FrankNBrew wrote:
In Michigan we are very fortunate. We get to pay around $200/year to the Michigan Catastrophic Claims association for every insured vehicle. That's before any coverage. So even if you could get a Vespa policy for $200/year it would cost you $400.
Yeah the MCCA has always struck me as a bit strange. I only know about it because I did live in Michigan for about a decade in the 90's.

I totally understand the want to pay as little as possible and here in Ontario we get absolutely screwed for MC insurance. I don't even know what I pay a year for 3 bikes because honestly I don't want to. All my bills are paid by accounting except for a few personal CC's.

I did have one claim last year and man was I impressed. A few of us knocked over when legally parked and the insurance company was totally on the ball and it was handled really quickly and very professionally. Obviously I was not at fault so my rates have not gone up (I know that much) and the insurance had a cheque for the Piaggio dealer in no time for the repairs and I got the GTV back actually better than new. So it may be in some ways you do get what you pay for.
Hooked
2010 GTS 300(Sold) 2008 Silverwing "Train"/2006 GT200L "Lone Star"
Joined: 15 Jan 2019
Posts: 451
Location: Texas
Fri Nov 29, 2019 7:19 pm quote
sdscooterista wrote:
$42 a month through GEICO and I added extra coverage. USAA tried to charge me $175 a month as they classify a scooter like an ATV or other recreational vehicle. So we pulled all our insurance from them and gave it to GEICO.
For a scooter? My USAA/Progressive GTS300 was $77 for a YEAR.
Member
2020 GTS HPE 300
Joined: 23 Nov 2019
Posts: 35
Location: San Diego
Fri Nov 29, 2019 8:32 pm quote
25BIKEZ wrote:
sdscooterista wrote:
$42 a month through GEICO and I added extra coverage. USAA tried to charge me $175 a month as they classify a scooter like an ATV or other recreational vehicle. So we pulled all our insurance from them and gave it to GEICO.
For a scooter? My USAA/Progressive GTS300 was $77 for a YEAR.
And they quoted me the $175 a month like I said above. And we had been with them 15 years, did all our insurance and banking with them and never had a claim.
Hooked
2010 GTS 300(Sold) 2008 Silverwing "Train"/2006 GT200L "Lone Star"
Joined: 15 Jan 2019
Posts: 451
Location: Texas
Sat Nov 30, 2019 6:34 pm quote
sdscooterista wrote:
25BIKEZ wrote:
sdscooterista wrote:
$42 a month through GEICO and I added extra coverage. USAA tried to charge me $175 a month as they classify a scooter like an ATV or other recreational vehicle. So we pulled all our insurance from them and gave it to GEICO.
For a scooter? My USAA/Progressive GTS300 was $77 for a YEAR.
And they quoted me the $175 a month like I said above. And we had been with them 15 years, did all our insurance and banking with them and never had a claim.
Wow, that's nuts. In Texas, it's classed as a motorcycle. Think that would make such a difference?
Sponsor
Granturismo 218
Joined: 04 Feb 2013
Posts: 5647
Location: South Carolina
Sat Nov 30, 2019 7:08 pm quote
breaknwind wrote:
I'd bet your local insurance agent can answer that question more precisely than we can. I pay less for 3 scoots than 1 Astro cargo van.
And with that Astro Cargo Van and a set of bolt cutters and ramps, you could have a lot more scooters....
Member
2020 GTS HPE 300
Joined: 23 Nov 2019
Posts: 35
Location: San Diego
Sat Nov 30, 2019 8:30 pm quote
25BIKEZ wrote:
Wow, that's nuts. In Texas, it's classed as a motorcycle. Think that would make such a difference?
I'm a military vet and my husband is still active. Have had insurance in five different states now and the rules are so vastly different its ridiculous.
Member
2005 GT 200L, 1978 P200E, 2010 S50 4V, 1966 Blue Badge (Polini), 1965 90 (Malossi)
Joined: 10 Aug 2011
Posts: 17
Location: Huntington Woods, MI
Sun Dec 01, 2019 2:32 am quote
You need to find an honest insurance agent. MCCA is 90 a year for bikes, and about to go down in January. My new GTS300 HPE is 200/year through Hagerty. my 2005 GT200L was the same.
FrankNBrew wrote:
In Michigan we are very fortunate. We get to pay around $200/year to the Michigan Catastrophic Claims association for every insured vehicle. That's before any coverage. So even if you could get a Vespa policy for $200/year it would cost you $400.
Member
2020 Vespa GTS 300
Joined: 19 May 2019
Posts: 27
Location: Westchester, NY
Sun Dec 01, 2019 5:47 am quote
As others have stated, where you are, your personal history and the amount of coverage all play factors. In NY for full coverage (comprehensive & liability) on my 2020 HPE GTS I pay $325/year. My policy includes roadside assistance, rental reimbursement, replacement cost & excursion diversion, so it's substantial. Same policy on all my bikes except the old one which is liability only, but $325 is the portion for the Vespa.
Hooked
2013 GTS300ie
Joined: 12 Dec 2017
Posts: 496
Location: Pretoria, South Africa
Sun Dec 01, 2019 6:34 am quote
I doubt that South African vehicle insurance is directly comparable with US or EU situation, but here goes...

My 2013 Vespa 300GTS IE is insured comprehensively = damages to both vehicles and any claims by third party form the incident. The monthly premium is US$14.37 or US$172.48 annually. The rider is not covered medically under the policy. As I am over 55, there is a zero deductible on any claims.

My wife and I have a joint insurance policy covering 5 BMW motorcycles, a Vespa, a trailer, a Subaru Forester and a Honda Brio. The total annual premium is US$2168.

Note:
The above exclude compulsory annual vehicle license fee on a sliding scale per vehicle that also provides capped third party insurance in the event of an accident. Annual fee varies between US$10 and 25.

In ZA, the vehicle is insured irrespective of the licensed driver in control. Unlicensed drivers are not insured, so permitting an unlicensed driver to take charge of our vehicle can be an expensive omission !
Veni, Vidi, Posti
2008 MP3 500, 2013 BV350, 2020 Vespa Sei Giorni
Joined: 13 Oct 2012
Posts: 7579
Location: Ashburn, Va. Home to the Internet
Mon Dec 02, 2019 1:04 pm quote
sdscooterista wrote:
$42 a month through GEICO and I added extra coverage. USAA tried to charge me $175 a month as they classify a scooter like an ATV or other recreational vehicle. So we pulled all our insurance from them and gave it to GEICO.
USAA doesn't insure motorcycles, they recommend you go through Progressive and you get a discount for being a USAA customer..
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