Well, I just made the switch. I had Geico, and asked them to look into the classification change. They still list the GT1000 as a sport bike. So, I got a quote with Foremost. I saved over $200 a year switching to Foremost with the same coverage.
I asked about their experience and this is what I got: The parent company of Foremost is Farmers Insurance. Foremost is a division that specializes only in motorcycles and recreational vehicles. The guy said the adjusters that come out only do motorcycles and that they have bikes right in the building's garage for training.
Clipped from the original announcement:
DUCATI AND FOREMOST LOWER INSURANCE RATES
Cupertino, CA (April 28th, 2008) - Ducati North America and Foremost Insurance are proud to announce that lower insurance rates are now available on several families of Ducati models. Announced in September 2007, the partnership with Ducati and Foremost has resulted in a number of benefits for Ducati owners and DOC Club members. The benefits include special discounts, dedicated motorcycle friendly customer service, as well as a unique partnership with the Pegram Racing Ducati Team. Ducati North America has now been able to communicate directly with Foremost underwriters to redefine how Ducati motorcycles should be categorized and rated. Ducati owners who ride Hypermotards, Monsters and Sport Classic’s can now take advantage of these new reduced pricing structures.Foremost Insurance now classifies the Hypermotard family as a “Dual-Sport”, and the Monster and SportClassic families have been moved to the “Standard” segment. These motorcycles were previously grouped into the “Performance” classification, which normally carries higher premiums.Foremost also offers discounts for clean driving records and multiple unit owner discounts. For more information including quotes, please visit
www.ducatiforemost.com.
