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k1prototype · October 16th, 2009, 05:19 PM

As many have previously said, insurance is very subjective based on your coverage and location. It's very difficult to compare insurance apples to apples, its more like apples to oranges. To just say you have full coverage or liability doesn't really mean anything. It can range anywhere from 20/40/15 (which is 20,000 per vehicle | 40,000 total per accident | 15,000 property damage) to the millions depending on what you want. Anyways here's mine:

GEICO

2008
KAWASAKI
EX250-J NI

Premium per year (living in Chicago's suburbs):
$567.00

Coverages Limits / Deductibles Total Vehicle

Bodily Injury Liability $50,000/$100,000 | $61.00
Property Damage Liability $50,000 | $15.00
Medical Payments $2,000 | $31.00
Uninsured Motorist Bodily Injury $50,000/$100,000 | $72.00
Underinsured Motorist $50,000/$100,000 | $46.00
Comprehensive $500 Ded. $74.00
Collision $500 Ded. $261.00
Towing and Labor Non Deductible $7.00

Also on a side note for those of you who aren't sure what exactly you have, don't be so ignorant and check on your coverage. The last thing you want is to be in a situation where you are screwed when time comes to file a claim on your car or bike.

Good example:
My friend living in Jersey with a 2001 25th anniversary Nissan Maxima recently got hit from behind trying to switch lanes. The police and the insurance company of the guy that hit him said because my friend was switching lanes the accident is his fault. If the guy would have hit him if he wouldn't have been switching lanes then the accident wouldn't be his fault.

When he went to go file a claim with his insurance company they told him he only had liability and not full coverage. He's a student and when he told his dad needless to say his dad was surprised and pissed because my friends car is covered in his dad's policy along with his other cars, house, and business. The insurance agent apparently quoted his dad a cheap price to get him to buy the policy but my friends dad never paid attention to what he was getting. Now my friend has to pay about 4,000 in damages out of pocket.

October 16th, 2009, 05:19 PM	#188
k1prototype k1prototype Name: k1prototype Location: The world Join Date: Jun 2009 Motorcycle(s): Ducati ST4 Posts: 93	As many have previously said, insurance is very subjective based on your coverage and location. It's very difficult to compare insurance apples to apples, its more like apples to oranges. To just say you have full coverage or liability doesn't really mean anything. It can range anywhere from 20/40/15 (which is 20,000 per vehicle \| 40,000 total per accident \| 15,000 property damage) to the millions depending on what you want. Anyways here's mine: GEICO 2008 KAWASAKI EX250-J NI Premium per year (living in Chicago's suburbs): $567.00 Coverages Limits / Deductibles Total Vehicle Bodily Injury Liability $50,000/$100,000 \| $61.00 Property Damage Liability $50,000 \| $15.00 Medical Payments $2,000 \| $31.00 Uninsured Motorist Bodily Injury $50,000/$100,000 \| $72.00 Underinsured Motorist $50,000/$100,000 \| $46.00 Comprehensive $500 Ded. $74.00 Collision $500 Ded. $261.00 Towing and Labor Non Deductible $7.00 Also on a side note for those of you who aren't sure what exactly you have, don't be so ignorant and check on your coverage. The last thing you want is to be in a situation where you are screwed when time comes to file a claim on your car or bike. Good example: My friend living in Jersey with a 2001 25th anniversary Nissan Maxima recently got hit from behind trying to switch lanes. The police and the insurance company of the guy that hit him said because my friend was switching lanes the accident is his fault. If the guy would have hit him if he wouldn't have been switching lanes then the accident wouldn't be his fault. When he went to go file a claim with his insurance company they told him he only had liability and not full coverage. He's a student and when he told his dad needless to say his dad was surprised and pissed because my friends car is covered in his dad's policy along with his other cars, house, and business. The insurance agent apparently quoted his dad a cheap price to get him to buy the policy but my friends dad never paid attention to what he was getting. Now my friend has to pay about 4,000 in damages out of pocket. __________________________________________________ 2001 Ducati ST4 Bleu 2008 Ninja 250R Rouge ~ Sold!