600cc insurance $3 more than 300?

[Hero Danny]

I just called my insurance company out of curiosity and asked them how much it would be to add a 2009 cbr 600rr (value $7,000) to my insurance with the same coverage my 300 has (low deductable, etc.) And they said it would be the same cost and just add an extra $3.

How can this be? I had him double-check his entries and then I even gave him a VIN number and still all remained the same.

I was thinking about in the spring getting a 600 and keeping my 300 as well, with this info on the insurance it definitely seems feasible

What do you guys think? It seems kinda too good to be true to me.

[csmith12]

hmmmmm.... there are many factors but cbr's hold their value very well vs. a 300 which can be totaled by a simple tip over in the driveway.

[krolinked]

It's probably because your "adding" it. If you had it as the only vehicle it would be more. He probably has your 300 and primary and the new bike as "secondary" use

[Klondike1020]

thats weird. My insurance for my GSXR750 is the same as both my 250 and Vstar combined.... and then some.

So - who is your insurance provider?

[Panda]

It probably also depends on the coverage on the 300. How much is your uninsured coverage, is it a full policy or just liability etc.

[Brother Michigan]

A lot of insurance companies treat the 300 the same as any supersport. My first insurance provider charged me more than double what they did for my dad's $26K Harley (both full coverage, slightly higher deductibles for me than him), granted I was a new rider at the time.

[Hero Danny]

I have Liberty Mutual (fantastic insurance company) I noticed a slight bump in price from my newgen to 300 (about $50).

my 300 has liability and also has full comprehensive insurance with a $300 deductible (the lowest)

I applied the "exact" same coverage with the 600 and only got $3 even though the 600 was valued as $3,000 more than a 300.... huh.. Just doesn't seem right to me lol

I think maybe since I have cars on my policy and also I took the MSF course and am 22 years old am a full time student with a squeaky clean record. Might be the reason?

[Hero Danny]

Originally Posted by krolinked

It's probably because your "adding" it. If you had it as the only vehicle it would be more. He probably has your 300 and primary and the new bike as "secondary" use

I was thinking that too. Which is awesome, but now I'm curious if it was just the 600 because I really want to know how much more it would be for the 600 over 300.

[Sirref]

Interesting, for me it'd be a big jump. Multi-bike discount does a good deal though.

I remember looking into it for one of my favorite bikes, the triumph street triple r. A bike that I will own someday on the street. My insurance would go down if I were to sell my 300 and buy one brand new right now.

[Bigballsofpaint]

I had the opposite issue. I was going to take my 250 off my insurance but it was only going to change by 30 bucks for the year. My 1000 costs me.......too much.

[Sirref]

^ just another reason why I don't want a 1000 unless it's track only

I also don't need that kind of power

[Bigballsofpaint]

nobody NEEDS it . I got it as sport tourer, but sadly my insurance rate has it on the sportier side. a zx10 was only slightly more insurance wise.

[Sirref]

The isle of man tt racers would disagree with you but they're nutters anyway

[cadd]

Originally Posted by Hero Danny

I have Liberty Mutual (fantastic insurance company) I noticed a slight bump in price from my newgen to 300 (about $50).

my 300 has liability and also has full comprehensive insurance with a $300 deductible (the lowest)

I applied the "exact" same coverage with the 600 and only got $3 even though the 600 was valued as $3,000 more than a 300.... huh.. Just doesn't seem right to me lol

I think maybe since I have cars on my policy and also I took the MSF course and am 22 years old am a full time student with a squeaky clean record. Might be the reason?

How about collision coverage? Do you have that as well on the 300? Comprehensive coverage for me is just $18/yr. Collision coverage, on the other hand is a lot more expensive.

Try getting a quote with the 600 as the only bike.

For me (Progressive), a 600 is more than double compared to my 250 AND 300 combined. I guess lots of people wreck their 600s here where I live that contributes to the crazy high rates.

[Hero Danny]

Originally Posted by cadd

How about collision coverage? Do you have that as well on the 300? Comprehensive coverage for me is just $18/yr. Collision coverage, on the other hand is a lot more expensive.

Try getting a quote with the 600 as the only bike.

For me (Progressive), a 600 is more than double compared to my 250 AND 300 combined. I guess lots of people wreck their 600s here where I live that contributes to the crazy high rates.

I will call em again in the future and ask. But this is great, I'll just keep my 300 and just a 600 too (depending on my financial situation).

[Worldtraveller]

Originally Posted by krolinked

It's probably because your "adding" it. If you had it as the only vehicle it would be more. He probably has your 300 and primary and the new bike as "secondary" use

This. When I added my '89 Pacific Coast to my policy (and it was my main commuter, the CBR is for fun rides!), my policy actually went down $50/year!

Yay for old bikes!

[Sirref]

I just realized something, you really like buying bikes don't you danny?

pregen - newgen - 300 - 600?

[Hero Danny]

Originally Posted by Sirref

I just realized something, you really like buying bikes don't you danny?

pregen - newgen - 300 - 600?

What can I say, I love motorcycles <3


I didn't like how the pregen looked, also it kept giving me problems and my dad crashed it so that's why I sold it.

My newgen had high miles and needed a valve adjustment and I got a buyer who was going to give me 3,000 for it at the end of the season which was amazing. I wanted to upgrade to the 300 because of the fuel injection and once I test rode the 300 I was 100% that I wanted it.

I have no intentions on getting rid of my 300, I'd rather keep my 300 for at least another year. I just want to add another bike to the stable, maybe even get an R6 track bike or something, idk. Just an idea. I know this summer I want to go to the track, and i would prefer to have a separate bike for track and street.

Again this is all just in my head, completely unsure of everything, just enjoying it as I go. I'm getting a big raise at work so i'm either going to get a new car or add a bike. Either way, it won't be until the spring anyway.

P.S my next bike is going to have ABS.

[Sirref]

Before you get a track bike take the 300 to the track first, you'll love it. Also if you get a track bike you'll never need the abs so long as you're doing it right that's a street oriented feature.

[cadd]

And if the track bike is only for track use, you won't need insurance either. Most policies don't cover track damages.

(but make sure you have a trailer to take the bike to the track since it's not Street legal with no insurance).

It's awesome if your 600 insurance is as low as your 300 insurance. I'm jealous!!!

[Sirref]

Originally Posted by cadd

And if the track bike is only for track use, you won't need insurance either. Most policies don't cover track damages.

(but make sure you have a trailer to take the bike to the track since it's not Street legal with no insurance).

It's awesome if your 600 insurance is as low as your 300 insurance. I'm jealous!!!

seconded, I like the truck + bikes setup, no need for a trailer...yet

[Hero Danny]

Well, the 300 was going to be the track bike and the 600 was going to be for the streets. I know I'd miss the MPG of the 300. But I really think I would have more fun with the 300 at the track vs the 600.

My dad told me I can borrow his plow truck any time I want to bring to the track. I have a track within 50 miles of me so it would cost me about $30 in gas, but that's fine. I'd only go like 6-10 times during the whole summer.

[Roark]

Originally Posted by Hero Danny

Well, the 300 was going to be the track bike and the 600 was going to be for the streets. I know I'd miss the MPG of the 300. But I really think I would have more fun with the 300 at the track vs the 600.

My dad told me I can borrow his plow truck any time I want to bring to the track. I have a track within 50 miles of me so it would cost me about $30 in gas, but that's fine. I'd only go like 6-10 times during the whole summer.

That better be a super cheap track.. 6-10 times at the local track here would be upwards of $2,000

[Roark]

Originally Posted by Roark

That better be a super cheap track.. 6-10 times at the local track here would be upwards of $2,000

Hold on, closer to $4,000 at 10 times.. sorry

[tfkrocks]

Originally Posted by Roark

Hold on, closer to $4,000 at 10 times.. sorry

That's a really expensive track

[cbinker]

depends on your area for insurance costs, because of Sturgis Bike Week and all the crashes of 1200cc or higher the cost to insure bikes in that group are ridiculous. When I had my ZX14 i was getting pissed as my rates went up $20 a month in 2 years.

[Roark]

Originally Posted by tfkrocks

That's a really expensive track

It's an NHRA stop on the weekends, autocross track in the weekdays, and drag strip on weeknights.. Open track days are few and $uper far between

[Sirref]

Originally Posted by Roark

Hold on, closer to $4,000 at 10 times.. sorry

hmm, for me to go to my local track 10 times would run me $3,000. I assume you're including everything and not just the track day cost right? I'm including food, drink, tire depreciation, gas(bike), gas(truck), and the track day cost itself.

[slolane]

Originally Posted by cbinker

depends on your area for insurance costs, because of Sturgis Bike Week and all the crashes of 1200cc or higher the cost to insure bikes in that group are ridiculous. When I had my ZX14 i was getting pissed as my rates went up $20 a month in 2 years.

Exactly, so many factors for insurance... Driving record, zip code, number of bikes, coverage levels, etc.

Regarding the zx14, when I had mine I switched over to geico cause they were cheap, they don't consider it a super sport and my full coverage was 700/year, way cheaper than when I had other liter bikes. Now Im with progressive and pay 175/year full coverage for my 300, my fz09 is 400/year and my 20k victory cross country is 250/year.

As far as zip codes go several years ago I moved 5 miles down the road and landed in a new zip code, my insurance went way down, like half... I guess it's really all based on the statistics.

[LNasty]

Back when I was looking at getting a bike I had my insurance Co. (state farm) quote a 2012 636 for me. would have been $160 a month for full coverage. Glad I got the 250 (would have killed myself on the 636, being a noob at the time) full coverage still costs me $60 a month down here in Texas. Had I still been living in Colorado I would be paying $28 a month for the same coverage. Goes to show how ****** the drivers are down here.

[Brother Michigan]

Originally Posted by LNasty

Goes to show how ****** the drivers are down here.

It also has to do with the longer riding season in Texas compared to Colorado.

[Roark]

Originally Posted by Sirref

hmm, for me to go to my local track 10 times would run me $3,000. I assume you're including everything and not just the track day cost right? I'm including food, drink, tire depreciation, gas(bike), gas(truck), and the track day cost itself.

Yeah, that's a ballpark estimate. Track day by itself costs about 200-350. Throw in everything else, and easily 4,000!

..or pay no track fees and run loose in the back road twisties.

[LNasty]

Originally Posted by Brother Michigan

It also has to do with the longer riding season in Texas compared to Colorado.

ah, I never thought of that.

[Sirref]

Originally Posted by Roark

Yeah, that's a ballpark estimate. Track day by itself costs about 200-350. Throw in everything else, and easily 4,000!

..or pay no track fees and run loose in the back road twisties.

I can't ride as hard on back road twisties. I used to be able to but I've dropped my pace a good bit through those since I started going to the track.

[Hero Danny]

I was thinking... he said it would be "this amount for the year" hmm... did he mean the rest of the year, or a total year? I'm guessing he meant total year.. *shrugs*

I pay for my insurance every February.

[Hero Danny]

Update: Nevermind guys, I called my insurance and asked them what it would cost for an 08 cbr600rr if it replaced my ninja 300, and they said it would cost 282 (with same coverage that I have on my 300, and it would end up costing me $10 less than what I currently pay) she told me that since it's an 08 and I have a '13 that's why I see the fluctuation.

I guess everyone on the internet is wrong about 600cc insurance rates then. Hahaha, jk I know this is a unique circumstance and cannot be compared to others. I guess lesson learned, don't take everything on the internet as true.

[Bigballsofpaint]

I would think when your comparing that stuff you would have taken the year into consideration. How much did you pay for insurance with your pre-gen? New-gen? 300?

I paid a lot when my 250 was brand new, 600-700 a year. Its a 2011, and costs me around 200 with full coverage (if it was my only bike). With the 1000 it costs me 30 a year.

In retrospec, my 1000 cost 1400 a year, they are the same year as well. Prior to my lowside, it still cost me 1200 a year.

[cadd]

That's just crazy! A 600 costing less to insure than a 300?!?! Deal of the century!

[Hero Danny]

Originally Posted by cadd

That's just crazy! A 600 costing less to insure than a 300?!?! Deal of the century!

I know, right??? It makes you wonder, I was "arguing" with the lady for like 10 minutes and finally realized that I should just shut up and accept it. hahaha