Insurance


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fatslob
Posts: 26
Joined: Wed Mar 23, 2011 9:55 am
Location: Buffalo, New York
Motorcycle: 1977 honda GL1000

Insurance

Postby fatslob » Fri May 20, 2011 4:29 pm



Hi, Just would like to know if any insurance companies out there give reduced rates for older bikes (1977). Kind of like classic car insurance for older cars.

Thanks, Bob



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tallman21
Posts: 227
Joined: Tue Feb 15, 2011 8:09 pm
Location: Rahway, New Jersey
Motorcycle: 1980 GL1100i

Re: Insurance

Postby tallman21 » Fri May 20, 2011 9:14 pm

i dont think so. i know it will be cheaper just because it is so old.

dwight007fchr
Posts: 434
Joined: Mon Nov 15, 2010 9:43 pm
Location: Culpeper, Va
Motorcycle: 1983 1100 Goldwing Interstate

Re: Insurance

Postby dwight007fchr » Sat May 21, 2011 5:29 pm

Bob.......Yes, the antique motorcycle insurance is really cheap. I have had antique cars for many years, and have always used JC Taylor to insure them. My 83 GL1100 Interstate is 28 yrs old, and classified as an antique, and JC Taylor only charges about $50/year for basic insurance.....but no medical. I should limit the amount of driving I do on it. I have antique tags, and since it is registered as an antique, the Wing does not have to have yearly state inspections.

So, it is worth checking into if you dont plan to drive it megga miles.
dc

BladeRunner9
Posts: 59
Joined: Sat Jul 18, 2009 10:44 am
Location: Ontario Canada
Motorcycle: 1987 GL1200 Aspencade
1984 GL1200 Standard
1988 GL1500

Re: Insurance

Postby BladeRunner9 » Sat May 21, 2011 6:22 pm

You boys have it good! Up here in Ontario we pay mega bucks, not only that,but, we can't get a 6 mo rate..even though the season is pretty much half of the yr we have to pay for the full yr :evil: AND! Even though I've had 25 or so bikes and have been riding on and off for 47 yrs, (accident/ claim free) if you haven't had insurance in the previous 3 yrs ( I haven't) then you are considered...A NEW RIDER!! :evil: :evil: Add to that our lovely govenrment has allowed the insurance co's to cut benefits by 50%! That was just a few mo's ago, meanwhile the insurance co's were quietly RAISING the rates before that new law came into affect....so we get screwed TWICE, don't ask me how I REALLY feel!! :twisted:

dwight007fchr
Posts: 434
Joined: Mon Nov 15, 2010 9:43 pm
Location: Culpeper, Va
Motorcycle: 1983 1100 Goldwing Interstate

Re: Insurance

Postby dwight007fchr » Sat May 21, 2011 10:09 pm

Bladerunner........Yea, sounds like they are really milking you for all your worth up there in Canada......must be hard to afford the insurance to ride....they are going to squeeze everyone so hard that soon there is gonna be some good old-fashioned rebellion going on. Riding bikes should be affordable to the average Joe, not taxed in excess.

So, you dont have Antique Motorcycle insurance up there? I think that is why I am glad to have an older Wing......the insurance on a newer one would probably be 20 times higher.

dc.

brian964
Posts: 1
Joined: Mon May 23, 2011 1:03 pm
Location: ny usa
Motorcycle: 1986 harley

Re: Insurance

Postby brian964 » Mon May 23, 2011 1:04 pm

In my experience it is cheaper getting quotes online. Some of the top insurance companies offer discounts when ordering online, because it is less work for them. But to be safe you could compare rates online, pick the best offer and try a local agency to see if they can match it or do better: http://www.quotes-center.com/average-motorcycle-insurance-rates

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vtxcandyred
Posts: 517
Joined: Thu Dec 31, 2009 5:08 pm
Location: Oregon, Ohio
Motorcycle: 1993 Honda Goldwing SE

Re: Insurance

Postby vtxcandyred » Mon May 23, 2011 6:42 pm

dwight007fchr wrote:Bob.......Yes, the antique motorcycle insurance is really cheap. I have had antique cars for many years, and have always used JC Taylor to insure them. My 83 GL1100 Interstate is 28 yrs old, and classified as an antique, and JC Taylor only charges about $50/year for basic insurance.....but no medical. I should limit the amount of driving I do on it. I have antique tags, and since it is registered as an antique, the Wing does not have to have yearly state inspections.

So, it is worth checking into if you dont plan to drive it megga miles.
dc

WOW. I have a 93 SE and an 02 VTX retro and the insurance is only like sixty bucks a year per bike. As many miles as I want for just liability. I do have a thousand dollar extra clause for the "extras" on the bikes.

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Britanicus
Posts: 142
Joined: Thu Aug 12, 2010 12:38 pm
Location: Cambridge, Ontario, Canada
Motorcycle: 1982 GL1100 GoldWing

Re: Insurance

Postby Britanicus » Mon May 23, 2011 7:04 pm

I am 43, biking legally for about 25 years. No accidents or tickets in the last 10 years. I pay 700 per year for public damage and public liability. In Ontario. I drive a 1982 wing but alas there is no antique clause for bikes.

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Gpa_Joe
Posts: 11
Joined: Sun May 08, 2011 10:43 pm
Location: Colona, IL
Motorcycle: 1983 GL1100 Interstate

Re: Insurance

Postby Gpa_Joe » Mon May 23, 2011 10:59 pm

I was amazed with my qoute from progressive.
4K 'replacement' value, I purchased for 2k...
200/yr full coverage, and then some...

Alex2010
Posts: 6
Joined: Sat Sep 25, 2010 5:56 pm
Location: Mississauga, Ontario Canada
Motorcycle: 1982 Goldwing GL 1100

Re: Insurance

Postby Alex2010 » Tue May 24, 2011 11:57 am

New rider in Mississauga Ontario.
I got a 82 1100GL, and paying about $1300/year.
I'm 47 years old, with a clean record.
The insurance is likely more expensive than the bike...
From talking to people, my rate is pretty good.

dwight007fchr
Posts: 434
Joined: Mon Nov 15, 2010 9:43 pm
Location: Culpeper, Va
Motorcycle: 1983 1100 Goldwing Interstate

Re: Insurance

Postby dwight007fchr » Tue May 24, 2011 5:24 pm

Alex......wow....ouch! Youre right.....that yearly insurance is more than some older wings can be bought for. That seems way high to me, and you may want to go online and get some more quotes, and even consider just bare bones mininmum insurance without all the added coverage.

dc

Alex2010
Posts: 6
Joined: Sat Sep 25, 2010 5:56 pm
Location: Mississauga, Ontario Canada
Motorcycle: 1982 Goldwing GL 1100

Re: Insurance

Postby Alex2010 » Thu May 26, 2011 8:40 am

Trust me I've looked.
Got quotes from 2500 to 1800 then best was 1300.
Common story up here...
Unless, I can get insurance from a US based company...

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starfleetengineer
Posts: 329
Joined: Fri Jul 23, 2010 7:02 pm
Location: Elkhart, Indiana
Motorcycle: 1979 Yamaha 650 Special
1978 CB750
1980 Yamaha 650 Special
1983 Honda V65 Magna 1100c
1984 GL1200I Interstate

Re: Insurance

Postby starfleetengineer » Wed Jun 01, 2011 10:49 pm

Gpa_Joe wrote:I was amazed with my qoute from progressive.
4K 'replacement' value, I purchased for 2k...
200/yr full coverage, and then some...


I got Progressive as well. 4k replacement, road hassard, 100k medical, liability, ect and pay $35.00 a month.
How many times do I have to tell ya,,, The right tool for the right job!

patton57
Posts: 7
Joined: Thu Jun 02, 2011 7:23 pm
Location: Huntsville, AL
Motorcycle: 1994 GL1500 SE

Re: Insurance

Postby patton57 » Thu Jun 02, 2011 7:24 pm

I feel for you Canadian riders.

Basic Liability for my Gl1500 is $86/year.

BladeRunner9
Posts: 59
Joined: Sat Jul 18, 2009 10:44 am
Location: Ontario Canada
Motorcycle: 1987 GL1200 Aspencade
1984 GL1200 Standard
1988 GL1500

Re: Insurance

Postby BladeRunner9 » Fri Jul 01, 2011 3:50 pm

Thanks for the sympathy..we get BENT OVER BIG TIME.... :twisted: :twisted:

wayne ian
Posts: 57
Joined: Sat Jul 30, 2011 7:37 am
Location: Ontario Canda
Motorcycle: 2006 GL1800 2006 suzuki C50ct

Re: Insurance

Postby wayne ian » Thu Sep 22, 2011 8:39 pm

I have a 2003 gl1800 and a 2006 C50CT. 1100 yr for wing 750 yr for C50. For you riders from Ont. Do you have the new FLYING PARRELS. this is one I got nailed with. Joe cager throws coke can out window, I get hit. Insurance company says, your not covered TO BAD. Welcome to Ontario...




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