F*&cking Insurance!
12-16-2008, 12:13 PM
#1
Senior Member
SuperSport
Thread Starter
Join Date: Jul 2005
Location: NYC
Posts: 562
F*&cking Insurance!
Ha! I should have come here before I went off the deep end with Allstate.
Having recently moved to NYC from the West Coast, I am in the process of finding a new insurance policy. The only agent I have been able to get a hold of quoted me $2900 for the same policy was paying $600 for out West (and I thought that was high). It blew me away.
Part of the problem is having two citations on my record in the last 4 years. In CA they keep these citations on record for 3 yrs ... not here in NYC .... it's 5 yrs. This, combined with the nature of one of the citations (yep, it was bogus), makes me f**king pissed off.
I'm calming down.... Will I be riding? Not if it's gonna cost over $800 in insurance to do it.
If you live in NYC and have recommendations for insurance, I'd appreciate hearing them.
Thanks!
Having recently moved to NYC from the West Coast, I am in the process of finding a new insurance policy. The only agent I have been able to get a hold of quoted me $2900 for the same policy was paying $600 for out West (and I thought that was high). It blew me away.
Part of the problem is having two citations on my record in the last 4 years. In CA they keep these citations on record for 3 yrs ... not here in NYC .... it's 5 yrs. This, combined with the nature of one of the citations (yep, it was bogus), makes me f**king pissed off.
I'm calming down.... Will I be riding? Not if it's gonna cost over $800 in insurance to do it.
If you live in NYC and have recommendations for insurance, I'd appreciate hearing them.
Thanks!
12-16-2008, 12:40 PM
#2
Senior Member
SuperBike
Join Date: Sep 2005
Location: Buffalo, NY
Posts: 1,572
Not NYC but on the other end of NY I have Geico and they aren't bad, I believe its unbder $800/yr for both of my bikes with full coverage. NY insurance is usually higher than other states - kinda like the taxes.
Ha! I should have come here before I went off the deep end with Allstate.
Having recently moved to NYC from the West Coast, I am in the process of finding a new insurance policy. The only agent I have been able to get a hold of quoted me $2900 for the same policy was paying $600 for out West (and I thought that was high). It blew me away.
Part of the problem is having two citations on my record in the last 4 years. In CA they keep these citations on record for 3 yrs ... not here in NYC .... it's 5 yrs. This, combined with the nature of one of the citations (yep, it was bogus), makes me f**king pissed off.
I'm calming down.... Will I be riding? Not if it's gonna cost over $800 in insurance to do it.
If you live in NYC and have recommendations for insurance, I'd appreciate hearing them.
Thanks!
Having recently moved to NYC from the West Coast, I am in the process of finding a new insurance policy. The only agent I have been able to get a hold of quoted me $2900 for the same policy was paying $600 for out West (and I thought that was high). It blew me away.
Part of the problem is having two citations on my record in the last 4 years. In CA they keep these citations on record for 3 yrs ... not here in NYC .... it's 5 yrs. This, combined with the nature of one of the citations (yep, it was bogus), makes me f**king pissed off.
I'm calming down.... Will I be riding? Not if it's gonna cost over $800 in insurance to do it.
If you live in NYC and have recommendations for insurance, I'd appreciate hearing them.
Thanks!
12-16-2008, 01:16 PM
#3
Senior Member
MotoGP
Join Date: Aug 2007
Location: Way Out West
Posts: 2,547
Book value on the VTR doesn't justify full coverage IMO. I'd go with the minimum required liability or make friends with somebody outside the city and use their address for "official" purposes.
12-16-2008, 01:56 PM
#6
Senior Member
MotoGP
Join Date: Mar 2007
Location: Phoenix, AZ
Posts: 3,132
Try State Farm, at least in AZ they are consistently the cheapest when I call actual agents.
And don't bother with full coverage, you can replace the bike for less than a year's worth of full insurance.. But do get as much medical as you can.. (or at least that is what I do)
And don't bother with full coverage, you can replace the bike for less than a year's worth of full insurance.. But do get as much medical as you can.. (or at least that is what I do)
12-19-2008, 06:46 PM
#8
Senior Member
SuperSport
Thread Starter
Join Date: Jul 2005
Location: NYC
Posts: 562
I was quoted $450 a year for basic liability through Progressive. I used to have State Farm back in CA but I think there are few agents here for some reason. Someone suggested McGraw - I'll check it out.
As for full coverage, I agree that my SH isn't worth the extra cost. On the other hand, my bike has a lot of mileage on it - over 50K - and selling it won't be easy. If it gets stolen here - not a remote possibility in Brooklyn - it would be in my favor to have it insured. So far I've had good luck parking it on the street under cover. It's garaged for the next few months now.
Thanks for the responses!
As for full coverage, I agree that my SH isn't worth the extra cost. On the other hand, my bike has a lot of mileage on it - over 50K - and selling it won't be easy. If it gets stolen here - not a remote possibility in Brooklyn - it would be in my favor to have it insured. So far I've had good luck parking it on the street under cover. It's garaged for the next few months now.
Thanks for the responses!
12-20-2008, 05:53 AM
#10
Senior Member
MotoGP
Join Date: Aug 2007
Location: Way Out West
Posts: 2,547
I have McGraw's. Every other one of the several quotes I got for minimum legal liability on the VTR was over $250/yr. I pay $80/yr with McGraw. Don't know about full coverage cost or if they write in N.Y. but here's a link.
http://ridewithmcgraw.com/net.data/ride.ndm/motorcycle
The McGraw Group of Affliated Companies
http://ridewithmcgraw.com/net.data/ride.ndm/motorcycle
The McGraw Group of Affliated Companies
12-20-2008, 06:23 AM
#12
Senior Member
SuperSport
Thread Starter
Join Date: Jul 2005
Location: NYC
Posts: 562
I do have a couple of tickets, but they're from four years ago. Turns out that Allstate in NY keeps these on file for 5 years. Allstate in CA keeps 'em for 3.
I think the big difference between your situation and mine is Phoenix vs. Brooklyn. New York is expensive in pretty much all ways, and where crime is concerned even more so. Not that where I live is a hell hole, by no means, but there are a lot of people here and along with that goes increased crime.
Regarding tickets .... One thing that burns me up is that the two tickets I mentioned are the only tickets I've gotten in 30 years of riding and driving, and one of 'em is bogus. And yet insurance companies don't take that into acct. They appear to abitrarily set a time limit. Whatya gonna do?
I think the big difference between your situation and mine is Phoenix vs. Brooklyn. New York is expensive in pretty much all ways, and where crime is concerned even more so. Not that where I live is a hell hole, by no means, but there are a lot of people here and along with that goes increased crime.
Regarding tickets .... One thing that burns me up is that the two tickets I mentioned are the only tickets I've gotten in 30 years of riding and driving, and one of 'em is bogus. And yet insurance companies don't take that into acct. They appear to abitrarily set a time limit. Whatya gonna do?
12-20-2008, 07:21 AM
#13
Senior Member
SuperSport
Join Date: Jun 2004
Location: Thornwood, NY
Posts: 817
Hey... I'm right here in Mount Vernon NY... Progressive and Geico are by far your best choices... all the other big players are laughable...
I moved from college in North Carolina where I was paying 300 a year full coverage, to Chicago, which doubled the cost, to NY where it tripled from that until I dropped everything but liability.... I have no tickets, no accidents... it doesn't matter.
I have Progressive right now simply because Geico increased my rates for no reason other than they said a lot of people in my area are making claims and getting tickets, so I need to pay more... I switched to Progressive and saved 30 bucks. I don't remember off hand, but I think it's around 340 a year just for liability... I honestly don't think you'll do better than that even with a clean record.
As for you bike getting stolen... trust me, if it's on the street get at least 2 locks... one for the front wheel, and a one with a cable long enough to chain it to something they can't move. When I was in Hoboken for 1 year with the bike on the street, I went through 3 ignition locks in one year. If you want to make sure you keep it, a switch on the battery under the seat, or a separate kill switch isn't a bad idea.
Good Luck,
J.
I moved from college in North Carolina where I was paying 300 a year full coverage, to Chicago, which doubled the cost, to NY where it tripled from that until I dropped everything but liability.... I have no tickets, no accidents... it doesn't matter.
I have Progressive right now simply because Geico increased my rates for no reason other than they said a lot of people in my area are making claims and getting tickets, so I need to pay more... I switched to Progressive and saved 30 bucks. I don't remember off hand, but I think it's around 340 a year just for liability... I honestly don't think you'll do better than that even with a clean record.
As for you bike getting stolen... trust me, if it's on the street get at least 2 locks... one for the front wheel, and a one with a cable long enough to chain it to something they can't move. When I was in Hoboken for 1 year with the bike on the street, I went through 3 ignition locks in one year. If you want to make sure you keep it, a switch on the battery under the seat, or a separate kill switch isn't a bad idea.
Good Luck,
J.
12-20-2008, 07:24 AM
#14
Senior Member
SuperSport
Join Date: Sep 2008
Location: Delmar NY
Posts: 805
You might try e-surence online. I had been progressive but switched. I'm in albany, not the the city, but up here I pay $75! no collision or comprehensive, but still 100/300 liability. Had a ticket 4 years ago, but Esurence only went back 39 months. Thats why I switched. Progressive was still counting it and would have been $40 more.
Unless you are forced to have collision (loan?) it doesn't make sense. Blue book is too low, and there are plenty of good cheap used parts available.
Unless you are forced to have collision (loan?) it doesn't make sense. Blue book is too low, and there are plenty of good cheap used parts available.
12-20-2008, 07:28 AM
#15
Senior Member
SuperSport
Join Date: Sep 2008
Location: Delmar NY
Posts: 805
Hey... I'm right here in Mount Vernon NY... Progressive and Geico are by far your best choices... all the other big players are laughable...
I moved from college in North Carolina where I was paying 300 a year full coverage, to Chicago, which doubled the cost, to NY where it tripled from that until I dropped everything but liability.... I have no tickets, no accidents... it doesn't matter.
I have Progressive right now simply because Geico increased my rates for no reason other than they said a lot of people in my area are making claims and getting tickets, so I need to pay more... I switched to Progressive and saved 30 bucks. I don't remember off hand, but I think it's around 340 a year just for liability... I honestly don't think you'll do better than that even with a clean record.
As for you bike getting stolen... trust me, if it's on the street get at least 2 locks... one for the front wheel, and a one with a cable long enough to chain it to something they can't move. When I was in Hoboken for 1 year with the bike on the street, I went through 3 ignition locks in one year. If you want to make sure you keep it, a switch on the battery under the seat, or a separate kill switch isn't a bad idea.
Good Luck,
J.
I moved from college in North Carolina where I was paying 300 a year full coverage, to Chicago, which doubled the cost, to NY where it tripled from that until I dropped everything but liability.... I have no tickets, no accidents... it doesn't matter.
I have Progressive right now simply because Geico increased my rates for no reason other than they said a lot of people in my area are making claims and getting tickets, so I need to pay more... I switched to Progressive and saved 30 bucks. I don't remember off hand, but I think it's around 340 a year just for liability... I honestly don't think you'll do better than that even with a clean record.
As for you bike getting stolen... trust me, if it's on the street get at least 2 locks... one for the front wheel, and a one with a cable long enough to chain it to something they can't move. When I was in Hoboken for 1 year with the bike on the street, I went through 3 ignition locks in one year. If you want to make sure you keep it, a switch on the battery under the seat, or a separate kill switch isn't a bad idea.
Good Luck,
J.
Good luck
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