Modern Vespa

I paid just over £200 for the year fully comprehensive inc helmet/leathers and RAC cover!

Been driving for 10 years but this is my first bike!

Thought that was pretty good but hope I never have to call them to use it.

I know. I could barely contain my excitement at this revelation.

This topic perked my interest...so I started looking into my insurance and also the required coverage in Washington State. Surprise, surprise - it turns out that insurance is optional for motorcycles here! That just seems nonsensical to me.

This doesn't mean motorcycle owners are free of liability. Motorcycle owners may be exempt from mandatory insurance, but they are not exempt from our state's financial responsibility laws that make all drivers and riders liable for damage they cause. I just wonder how many uninsured riders have the financial ability to do this...

Don't believe me? Then check it out:
http://www.dol.wa.gov/driverslicense/insurance.html

(excerpt)
"You don't need to have insurance when you operate a vehicle registered as any of the following:
Motorcycle. (RCW 46.04.330)
Motor-driven cycle. (RCW 46.04.332)
Moped. (RCW 46.04.304)
Horseless carriage over 40 years old (RCW 46.18.255)
State or publicly-owned vehicle. (RCW 46.16.020)"

I like the last line most

I despise dealing with insurance companies. I'm a smart guy but the terminologies and Byzantine rules just confuse the hell out of me.

Here's my coverage:

Looks a bit light to me. That 10K bodily injury would get sucked up quickly if you hit someone and they ended up taking an ambulance ride to the ER.

No un/underinsured? A major design flaw in that policy IMO.

progressive wont sell me full coverage on a 79 p200.
so the full boat of liability cost me 70$ here in florida.

my 2001 buell 1200cc had the highest full coverage i could buy for around 425.00 a year in Pennsylvania.
ive been with progressive for around 20 years. they give nice discounts for being a long term and accident free customer...

The 10/20/10 coverage may be fine in some circumstances, but not in mine. With only $10K of property damage liability coverage, what happens if you are at fault and hit someone's $90K Mercedes (there are a lot of those on the road in this area). You will exceed your $10K of coverage really quick. The other driver probably won't care because he/she likely has un/under-insured coverage. But his insurance company will come after you and try to recover the damage above your $10K coverage. If you have savings or property, they will be able to recover from you. If you don't have much, than maybe $10K of coverage will work. You have to ask yourself, "How much am I willing to pay out of my own pocket?".

-Craig

One of the good reasons to have uninsured/underinsured coverage. It is shocking how many drivers go around with no insurance or the absolute minimum requirement. When they hit you on your bike - bingo, their coverage (if any) is quickly used up and you have many more medical bills to pay.

Looking for a better deal on Insurance here in California....
Can anyone from here recommend ?

Maniac

Here's mine through Progressive. It's the only policy I have through them as my house and cars are through Ameriprise. Ameriprise does not insure motorcycles, hence why I went Progressive.

An important thing to remember is that the medical payments do not cover the operator. Operator coverage requires a rider on the policy.

When I was with Nationwide it was well over $300.00 a year.
Now that I switched to State Farm it is $12.00 a month for same full coverage.
oh and in the winter it is only$2.00 a month for only damages and theft, since i am not driving her.

Yeah, I don't have medical coverage on my bike insurance. Fortunately my health insurance covers me.

I insure 3 motorcycles and 3 scooters all with Progressive. I get every discount possible that they can apply. I haven't checked other insurance carriers to see if I can get a better deal because their customer service is so excellent, I've stayed with them the whole time.

-fullthrottle
Philadelphia, PA.

I just renewed my policy today after adding the Lambretta that I added to my policy, here are my facts:

Age: 41
Motorcycle endorsement since 1990
Insurance company : progressive
Annual premium for all 4 scooters per year(all combined) : $119
Coverage: Liability only with road assistance
Scooters: 63 Lambretta, 71 Vespa Sprint, 79 Vespa P200E, 2005 Vespa PX 150
State: Arizona

In my own words, I have a bargain!

You didn't mention your limits of liability. It may not be a bargain.

They come after you on all kinds of liability issues, to include someone's health insurer filing against your homeowner's policy for an injury on your property.

When we moved to Greece, I discussed the liability coverage they recommended for our homeowner policy. The rep asked if any Americans would be visiting us, as that would influence the recommendation upwards by a factor of 4. I said it would be family and friends, who I doubted would sue me if they fell down the stairs. She said, it's not the victim you need to worry about, but their insurance carrier. Wasn't a significant amount of money more, but quite an eye opener.

UK
Brand new 2013 125cc gts super
Fully comp
1 year no claims
21 yr old rider

£664 for the year with a £700 excess.

Having seen your other thread, I was just about to ask how much was the insurance.....!

Im paying approx 240$ with geico for my et4 and 946
Not sure the breakdown exactly.
Also, no points, tickets, or accidents on record.

a fortune .... its due to where i live n how its declined .... its doubled since last year n it wasnt cheap then [well over 150] ... also the amount of scoots ive had stolen ... n i add on breakdown n legal cover .... cant grumble though as i like riding n i need it so hey ho

We pay just under $400 for 4 scoots, full coverage, $150 deductible.

Of course 1 of them is a 500cc, so that ran us an extra $40 for the year.

the 946 is also kind of a collector item, so I'd imagine they'll make you pay a bit more!

I'm not going to complain anymore .

not sure how it works across the pond but here at least once you're over 25 it declines sharply.

Wow!!!

That's cheap for me! haha!

Yes it drops after 25 but I have 4 years to go yet!

I love riding, and a car would be double, maybe triple that. I'm happy

I have 74 primavera and 05 PX. The premiums for 946 equals premiums for both smallie and PX.

My 125 ET4 costs me £150 a year, I'm 23 and riding on a CBT. My old PX125 cost me £700 a year 1.5 years ago, I can only put the reason behind it being down to it being a manual!

Without going back to see who has what, there are several posters in this thread who are woefully under-insured. If you carry minimum (or no) insurance, you may very well be liable for a whole lot more than your insurance coverage in the event of an accident which is your fault. If you have other assets, they may be at risk. If you don't have other assets now, you may find yourself being garnished well into the future, making your future much less secure than you anticipated.

Also, if you have the option of uninsured/under-insured motorist coverage, get it. UIM is cheap, and it can make a huge difference, if the other motorist has insufficient coverage to compensate you. It is normally written in the same amounts that you have for your own liability. I represented a lady 2 years ago whose accident was 100% the fault of the other driver, who had only $25,000 liability coverage (Colorado's minimum). Her case was worth several times that. Fortunately she had UIM of $100,000. It was a fight (insurance companies hate to pay off to benefit their own insured), but we settled well.

I do not specialize in personal injury cases, but I've handled enough of them in the last 46 years to know that minimum coverage insurance is a huge mistake, a real case of being penny wise and pound foolish.

Cary

Well, I hope I never have need of your services, but at least I know you're semi-local!

Now being old helps the Scoot is $95 and the Sportster is $119 for a total of
$212 now that I have acquired the Duc that will up the bill by $258 and will now be $470

Although that is really pretty cheap

I'll play...

fully comp
21 years old
brand new 2013 fly
£800 ($1313.68) for the year (£66.60 per month - they charge more for paying monthly)
£750 ($1231.57) excess

kept in locked brick garage with anchor, reinforced cable and disk lock.

Not looking forward to renewing. My premiums will go up by a maximum of 10% because of a NON-FAULT accident. Although I will have 1 years no claim bonus and I've completed a bikesafe, so that should help.

By the way UK folks, Helmet and leather protection is balls. you have to pay an excess (Depends how much the gear is worth) and then the rest they recover from you when it comes to renewing. Just buy a new one out of your own pocket.

OK the grump says, this thread belongs in with the rest of the winter threads. Useless. There is no comparison unless we list, in USA, credit score, age, location, terms of coverage, which Ins company, and other pertinent vehicle coverage probably not appropriate for a public forum. Otherwise it's just a meaningless number. Thems the facts. I pay $100/year, my buddy in Madison pays $350.

Tom - I agree. Annual mileage, location, vehicle price, years riding, other driving licences/ type of motorcycle licence, fines/disqualifications, riding/driving qualifications, security, where the ride is kept over night, riders occupation, health cover, and many other factors contribute towards premiums.

I just read this on a website and thought I'd post it.
Florida's homestead laws protect an individual's home and all their equity from judgments and negligent drivers can avoid most or all of a judgment by filing bankruptcy.
I can't get MC insurance from State Farm and I can't benefit from the 25 years I've been with them.
I think(but I'm not sure) that Progressive wouldn't offer me un/under insured. They have a $2500 medical payments that is 40% of the premium cost
I have 25,000/50,000/10,000 with comp/collision and $350 deductible. In May the renewal for 2014 BV 350/ 2010 SH is $817 for a year. Now that I've read the homestead law, I'm looking deeper into un/under insured. Oh yea I'm 52 with no tickets and no accidents.

We have geico. Full coverage on our scooters. We also insure our home & 2 cars with geico & we have super high credit ratings & I am a surgeon (yes, that gets me a discount )

$200 a year for me (riding 20 years), my fiancé riding 1 year (both msf trained) for all 3 scoots.

05 vino 125
08 sport city 250
09 burgman 400

We used to have farmers and having my fiancé on the 125 only when she was a new rider cost $125 alone!!

I can't believe how cheap geico is!

One thing to remember for those that are talking about suing and getting sued: people only go after people that have insurance or otherwise have the ability to pay.

Think about it - would you spend money suing a poor guy with no insurance if he was at fault and totaled your $6000 Vespa? Your lawyer would tell you you're nuts but gladly take your money to begin recovery of damages.

Been there done that.