Guzzi cheaper to insure than BMW ?

[unclepete]

I keep two bikes insured for liability , medical , and uninsured motorist ; 1976 Guzzi T-3 and 1987 BMW R80 , same limits on both bikes . No comp/coll .
Seems the two bikes from an insurance risk point of view are very similar , but the BMW , despite being lighter and less powerful costs about  60% more to insure .

[clubman]

Same deal. My V7C costs the same as my Triumph Sprint. The 900 Monster I just bought costs the same as both of those together. Same liability only policy on all 3. Lady says it was because of more claims on Ducati's? 

[Don G]

Well up here in the Great White North the cost to insure your T-3 for 12 months would depend a bit on your driving record but typically you are looking at anywhere from $1024.00 - $1200.00. The BMW would run about $1274.00 - $1442.00 .  DonG

[RinkRat II]

Good timing on the question, I just renewed mine......87K75s... 93.00
                                                                                     03KLR 650...69.00
                                                                                     00 V11 Sport...120.00
   Old guy Discount........... ..priceless

       Paul B

[oldbike54]

 Uh fellas , let's leave the politics out of this . Thanks .

 Dusty

[SportsterDoc]

Safeco
No crashes for over 27 years (prior to that, none were at fault)
No tickets for over 40 years
Age 70

Liability, bodily injury $250K/500K $35
Liability, property damage $18
Medical $2,500 $64
Uninsured $100K/$300k $263
Comprehensive $250 deduct $14
Collision $250 deduct $124
Custom parts up to $3,000 N/C
Roadside assistance $10
Total $528 per year

[SportsterDoc]

Uh fellas , let's leave the politics out of this . Thanks .

Dusty

Since I am new, please educate me.   Which part of this thread has a political tone?

[oldbike54]

Since I am new, please educate me.   Which part of this thread has a political tone?

 The parts we edited out .

 Dusty

[fotoguzzi]

The parts we edited out .

 Dusty

good job.. for a minute I thought it was the BMW vs Guzzi part.

[arveno]

I keep two bikes insured for liability , medical , and uninsured motorist ; 1976 Guzzi T-3 and 1987 BMW R80 , same limits on both bikes . No comp/coll .
Seems the two bikes from an insurance risk point of view are very similar , but the BMW , despite being lighter and less powerful costs about  60% more to insure .

The BMW is 11 years newer.

Here in NY , the older the bike ...the cheaper. I dunno know if it the reason or just a coincident .

[oldbike54]

good job.. for a minute I thought it was the BMW vs Guzzi part.

 Yeah , get Chuckie and Leafy on one side , then Ohiorider and me on the other and that can get ugly enough 

 Dusty

[LowRyter]

why should liability , medical , and uninsured motorist be more expensive for one bike over another?   

it appears any "risk" is with rider and the amount of coverage -not the bike- since the bike isn't insured.   



I just don't get it.   

[Chuck in Indiana]

The Scura costs the most by far out of my fleet because it has "Sport" in it's name. Even more than the new Norge when I had that.
It's worth it. 

[Hymes Inc.]

Both my Guzzis cost me $135 a year combined. One is liability and the other is full.

[oldbike54]

Both my Guzzis cost me $135 a year combined. One is liability and the other is full.

 Who are you insured with ? That sounds almost too good to be true .

 Dusty

[not-fishing]

Here on the west coast 60% of my Griso 1100 & v11 Lemans insurance is for uninsured drivers.

Heck even my baby boy's '03 Aprilia 150 scooter 60% of the cost in for uninsured drivers.   

Still at least I'm not in Los Angeles where 40% of the accidents are hit-n-runs.

Mark

[Hymes Inc.]

Who are you insured with ? That sounds almost too good to be true .

 Dusty

Progressive.

[oldbike54]

Progressive.

 Wow , they charge me $120.00 a year for liability on one bike and I have no tickets or accidents . Also don't live in a high risk area . Are you 100% sure one bike has full coverage ?

[Hymes Inc.]

Wow , they charge me $120.00 a year for liability on one bike and I have no tickets or accidents . Also don't live in a high risk area . Are you 100% sure one bike has full coverage ?

Yup. Have a loan on the bike, they require proof of full coverage.