Motorcycle Insurance (600cc vs 750cc)?

Question

I am picking up a new sportbike (Suzuki GSX-R) here in a couple weeks and I was wondering the average cost of motorcycle insurance per month (or year if you pay gross). The bike will be totally paid off when I purchase.
Thank you for your time,
Kevin
BTW: I am 25yrs old in Florida. It will be either a 600cc or 750cc.

Answer 1

I also live in Florida, and pay $240 a year for my H-D FXDWG. The info in the next paragraph is quite a few years old, but I'm sure it still pertains today.

When I was in the service I had a 650 Yammie. It was set up as a cruiser, and I paid $94 a year. (With the military discount.) My buddy, just a year younger than me, had a squid bike with all the fiberglass panels and other doo-dads. His was just a 500, but he paid just under $150! When he asked about it they said his bike would be much more expensive to fix than my naked bike.

Back to the the new stuff. Kind of the same with my hog. When I had a Sporty with no goodies I was paying $136 a year. When I got the FXDWG I paid $188. When I dressed it out with all the goodies (A set of SEII pipes, an S & E carb, windscreen, case savers with hiway pegs, sissy bar, chrome accent kit, etc, it went to $224 a year.) I just had a set of SE II cams put in and some headwork done, and now I'm up to $240.

I think it's a combination of age, years in the saddle, and how much it will cost to fix, or pay of if it's a total, the bike. For you at 25, that's one of the cutoff points for discounts. For every five years older you get, your insurance goes down. (At least with my company.) Years of safe driving with M/C insurance also lower your rates, or at least keep them from going up.

I'm thinking that Suzie has some fiberglass. Probably alot of fiberglass. That's gonna cost 'ya. But not as much if you were 24, and lots less than if you were under 21! I certainly would not be paying $240 a month on a $16,000 motorcycle (Not worth that much now, but...) if I didn't have an accident and ticket free record for the last 20 years on two wheels.

Insurance is relative. Shop around. I just got car insurance for the first time in years. First quote I got was $1,100 a year for a 15 year old Buick! (Since I didn't have car insurance for so long was the excuse.) I called a few more companies, and one company asked me if I carried full coverage on my bike, i.e. medical, etc. I said yes, and they told me that they would give me credit for that. My bill went down to $400.

If you also have a car, you may be able to cut a deal with your current company. If not, look for a company that covers both. I can't get my car insurance with my provider since it's through H-D, and they don't insure cages. Got the car with Unitrin. And if the cost is way too high well, M/C insurance is not mandatory in Florida! (But it's still a damn good idea!)

There are quite a few companies out there that will insure both, and since they know you can't ride and drive at the same time, will cut you some slack. And if you owna home, you may be covered under your homeowners policy on the bike. (For recreation only, not a daily commute. That's what I use mine for.) Just remember that if you get a speeding ticket on a bike, those rates are gonna take off like the shuttle leaving the Cape!

Forgot one other item they include. Rate of theft. If you have a popular bike that gets stolen alot, you will pay extra for that also. Not actually pay extra, but they work it into the rate. You can get discounts for Lo-Jack, (Yes, they make it for bikes now.) and active security systems. Good luck! If there is anything I failed to cover here, or that has you confused, drop me a line. I do IM and e-mail. Take care, ride safe. Ciao!

P.S. I commute through downtown Sarasota every day on 41. Location plays a part also. When I lived in Venice, on the Island, I paid a few bucks less. It went up $8.00 a year when I moved to the city.

Answer 2

Displacement was not a factor in my insurance.
1450cc is the same as 750cc.
Mine runs about $215 for 6 months, renewable or change to storage for a lower rate. I renew so I can ride all winter (in NH).
per month is $36.00, with $3.00 of that being an installment payment charge.
Where you live is a large factor in determining your rate. They go by Zip Code, which can screw things up sometimes. I used to live in a small town, where our mail was delivered by a rural carrier from a post office in Concord. The Zip Code was changed when the Post Office started delivering from a different town. We lived in the same place, but our insurance skyrocketed.

Answer 3

I know in NH motorcycle insurance is 600/year (but that's also knowing we cant ride in the winter time. I would assume 1000/yr for Florida).

If it's your first bike I would suggest getting a 600 *unless you are over 220lbs. 600cc is a lot of power for a first bike. Other than that, enjoy. Be safe!

Answer 4

The displacement of the motorcycle (600 or 750 cc) makes little difference when insuring it, aside from the actual cash value of the bike.

Your age, education, driving experience, accidents and tickets will play huge into the insurance rates. What you do for a living and where you live and garage the bike will also be factors.

Answer 5

All insurance rates vary from state to state. Here in Texas I bought my motorcycle insurance at a cost of $43.00
per year.

Answer 6

I recommend you this site to get quotes - INSURANCEGRADES.INFO-

RE Motorcycle Insurance (600cc vs 750cc)?

I am picking up a new sportbike (Suzuki GSX-R) here in a couple weeks and I was wondering the average cost of motorcycle insurance per month (or year if you pay gross). The bike will be totally paid off when I purchase.
Thank you for your time,
Kevin
BTW: I am 25yrs old in Florida. It will be either a 600cc or 750cc.

Answer 7

2000

Answer 8

For free insurance quotes

Answer 9

It really depends.. Driving record? I know people that pay up to $2500 a year. I however have a clean record, 36 years old. I would have to pay around $250.00 a year.

Answer 10

Regardless of whether you plan to purchase a new 600 cc or 750 cc motorcycle, did you ever consider a used BMW with its excellent handling and ability to maintain a smooth, non-vibrating ride. Before buying a cafe racer which will wear you down on long trips, due to handlebar vibration, take a test ride on a BMW. Again, consider all options, before spending your hard earned money on a bike that will lose in depreciation as opposed to a BMW that holds it value from day one.

Good luck!