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Joined: Feb 2014
Posts: 97
Likes: 13
From: West Central Wisconsin
Just got my renewal from Dairyland today. Three Harleys and it went up over $400 to almost $1500. Went online and checked Dairyland, Progressive and Harley. Interesting results. Dairyland was $1125.30 Harley was $1282.78 and Progressive was only $512. I have high coverage and when I did the on-line comparison, there was some differences from my current policy but all three on-line quotes were as close as possible.
Can someone explain the reason for the difference between Progressive and the others? What am I missing?
Can someone explain the reason for the difference between Progressive and the others? What am I missing?
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Joined: Jun 2019
Posts: 260
Likes: 157
From: Wisconsin
Multivehicle Discount
Just got my renewal from Dairyland today. Three Harleys and it went up over $400 to almost $1500. Went online and checked Dairyland, Progressive and Harley. Interesting results. Dairyland was $1125.30 Harley was $1282.78 and Progressive was only $512. I have high coverage and when I did the on-line comparison, there was some differences from my current policy but all three on-line quotes were as close as possible.
Can someone explain the reason for the difference between Progressive and the others? What am I missing?
Can someone explain the reason for the difference between Progressive and the others? What am I missing?
>>> jim@motorcycleagent.com
__________________
Jim Palmer
Motorcycle Agent by The MVP Insurance Agency
Motorcycle Insurance Agent
Extended Service Plan Specialist
Phone / Text: (800) 920-0890
Fax: (888) 322-2090
Email: jim@motorcycleagent.com
Website: www.motorcycleagent.com
👉 Warranty Coverage in ALL States
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Jim Palmer
Motorcycle Agent by The MVP Insurance Agency
Motorcycle Insurance Agent
Extended Service Plan Specialist
Phone / Text: (800) 920-0890
Fax: (888) 322-2090
Email: jim@motorcycleagent.com
Website: www.motorcycleagent.com
👉 Warranty Coverage in ALL States
👉 Insurance License in 30+ States
👉 100% Online Enrollment
👉 Dedicated Agent (Me!)
✔️ Replacement for Life Insurance Policies
✔️ Liability Insurance Policies
✔️ Extended Service Plans
✔️ Tire and Wheel Protection
I've been with Progressive for over 5 years with my Ultra and just added a 2022 Street Bob to my policy. I looked into Markel and they were almost double what I am paying with Progressive ($683 for Progressive/$1204 for Markel). Those loyalty rewards and multi vehicle/policy discounts really add up.
Seasoned HDF Member
Joined: Oct 2013
Posts: 9,238
Likes: 5,784
From: On the Big Blue marble
From your friend in the insurance business. Sometimes the cheapest option IS NOT your best option. Ever have a claim and fought tooth and nail to be put whole? I learned a few good lessons from personal experience and a large portion of my career with Chubb and Lloyds.
My claim with Progressive was on a brand new bike (less than 100 miles on it - a RGU) where I was rear ended while moving. Progressive did a great job. I did change to Geico about 3 years ago as Progressive did a blanket raise of about 25% in my area.
You're approach is correct in asking fellow riders their factual opinions. There are carriers that are Nightmares to deal with (I wont name them) but the 2 you mentioned I have heard nothing bad about. Every carrier does have a convenience charge for staged payments. The reason is insurance companies objective is to have a -5% to +5% sway in premium intake vs. payout on claims. They make their money on reinvestment. Not having cash on hand, that fee is a small part of the offset.
Let us know where you land
My claim with Progressive was on a brand new bike (less than 100 miles on it - a RGU) where I was rear ended while moving. Progressive did a great job. I did change to Geico about 3 years ago as Progressive did a blanket raise of about 25% in my area.
You're approach is correct in asking fellow riders their factual opinions. There are carriers that are Nightmares to deal with (I wont name them) but the 2 you mentioned I have heard nothing bad about. Every carrier does have a convenience charge for staged payments. The reason is insurance companies objective is to have a -5% to +5% sway in premium intake vs. payout on claims. They make their money on reinvestment. Not having cash on hand, that fee is a small part of the offset.
Let us know where you land
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