Do you carry collision on your insurance

[WhiteStripe]

my '06 S2R is my first owned bike.  I am in MA, my collision insurance is getting quoted at about $250 per year with a $500.00 deductible.

Wondering what they would even cover?

With the value of a bike so low (relative to a car) is it worth carrying collision?

Thanks.

Tim

[swampduc]

Do you owe much on your bike? If so, you should probably keep coverage.
Can you easily afford a replacement? If so, you might not need to worry about it - I don't know what your s2r is worth.
EDIT: I keep collision on mine - a couple hundred a yr is no big deal, and the bike is pretty new (M696), so the loss would be substantial if I totaled it. And we all know how easy it is to total a moto

[corndog67]

It's required with my loan.  My CBR900RR was $82/year for liability only, the Duc  with full coverage is a little over $200/year.

[El Matador]

Hilarity.

I just quoted my 695 at 307 for just basic liability. Full coverage? 1800

For shits and giggles I asked about my ex-trackbike, the 996. Liability: 756 Full coverage: 8351. Yup, you read that right, that's more than the bike costs .

The kicker? I only have 1 speeding ticket and no accidents on my record. It sucks to be 21 sometimes

[NAKID]

Hilarity.

I just quoted my 695 at 307 for just basic liability. Full coverage? 1800

For shits and giggles I asked about my ex-trackbike, the 996. Liability: 756 Full coverage: 8351. Yup, you read that right, that's more than the bike costs .

The kicker? I only have 1 speeding ticket and no accidents on my record. It sucks to be 21 sometimes

With what company???

[swampduc]

Hilarity.

I just quoted my 695 at 307 for just basic liability. Full coverage? 1800

For shits and giggles I asked about my ex-trackbike, the 996. Liability: 756 Full coverage: 8351. Yup, you read that right, that's more than the bike costs .

The kicker? I only have 1 speeding ticket and no accidents on my record. It sucks to be 21 sometimes

Check it out in New Orleans! My premiums on everything nearly doubled when I moved from Houston to NOLA.

[El Matador]

With what company???

Ducati foremost 

[WhiteStripe]

State matters a lot - in NH (where i have a house) total (with Collision) = $295 per year, in MA (where i am a resident) pretty close to $800.

Good point on totaling it - was thinking tank dings etc.  The bike is low miles (although i put 300 on it yesterday).  Good piece of mind i guess for a couple hundred bucks.  Thanks!

[the_Journeyman]

No, neither are financed.  Both are aged & have plenty of miles and I got 'em cheap.  I'd probably pay the purchase price in a year or two in collision premiums ~

JM

[NAKID]

Ducati foremost 

That's who I have in CT and when I was in AZ and the full coverage ins was/is $40 a month...

[Spidey]

I carry full coverage including collision.  It would cost a grazillion dollars to try to replace my bike. 

[Scottish]

I discovered if you are handy with tools and have a good place to find replacement parts(like the DMF) full coverage is NOT worth the price unless you want a new bike. I DO carry liabilty, uninsured, and extra medical though. Only the bike can be repaired or replaced cheaply, you and your limbs are gonna be expensive to fix. Uninsured is a no brainer for me, especially here in NM we have one of the hiighest uninsured rates in the country I believe.

[Popeye the Sailor]

I carry full coverage including collision.  It would cost a grazillion dollars to try to replace my bike. 

It'd be worth *way* more if you took out Stu.


Just sayin'.

[erkishhorde]

It'd be worth *way* more if you took out Stu.


Just sayin'.

How's that thing about artists go?

FYI, SoCal board had and insurance thread a little while ago. Here it is if you'd like to see what some of us are paying
http://ducatimonsterforum.org/index.php?topic=21579.0
But of course rates can vary a lot based on region.

[corey]

I hate to say this, but give Progressive a call.
I ditched them for my car insurance... but i just can't beat their price on my bike, no matter where i look.
I'm 23 (started coverage when i just turned 22), it's my first bike, and i DO have a speeding ticket AND an accident on my record.
$42/month for FULL coverage. I'm talking Collision, Comprehensive, Liability, Medical, and $3000 worth of Gear/Accessories protection.
Cheaper than limited liability on my Dodge Neon...
I don't understand it, and never will... It's all arbitrary IMO.