You are correct Citoriplus, bodily injury and property coverage are mandatory in Florida. You can waive the bodily injury coverage (10k min) if you show financial responsibility. The trouble is, most insurance companies don't check to see if you have the cash. I wanted to get 100/300 uninsured/underinsured coverage for myself, and 10/20 liability coverage.I figure that my bike won'tdo much property damage tothe other party,while they could put me in a world of hurt.The insurance company wouldn't allow me to do this. They said I can't insure myself for more thanI have in liablity coverage. So if I want 100/300 coverage for myself, I have to also have to have 100/300 in liablity. Whatever.

DJK

 

All my bikes are 'debt free', but I still keep full coverage on them.

Not that expensive, and you never know when you might need the additional coverage....

 

It is if youonly have minimalcoverage. What does "I have full coverage" mean anyway? I see a few people on this forum proudly announce that they have "full coverage" for $300 a year.I say baloney. I can buy a policy for $300 or get one for $1400.All from the same company!The $1400 policy is truly "full coverage".

Progressive Quotes:

10/20 Liability - 500 deductable Comp/Collision - $2000 Custom Parts = $410.00 per year

100/300 Liability - 500 deductable Comp/Collison - 100/300 unstacked Uninsured/Underinsured
$2000 Custom parts = $1,442 per year.


DJK

 

I am stationed in England and have USAA. $640 for 12 months offull coverage with a $500 deductible, however, I drop my coverage to fire and theft during the winter months and it saves me big $$$$

 

94' Heritage, andI only pay $175 a year full coverage, $500 deductable. Farmers Ins.
Theyquoted me the same priceon a new harley.

 

Its your call, you got a ton of vehicles like me
My springer is paid off, but im keepin full coverage for now [sm=goodidea.gif]

 

On autos yes, but on MC's no. Most states don't even require insurance on MC's. However, if you have a loan with the bike as the lean, the lender will probably require full coverage to insure "them" against loss.
Have you ever seen an MC cause serious damage to an automible? It's usually the other way around. Liability for a bike is rediculous, unless you ride at 100 mph and broadside a car, you're not going to cause enough damage to warrant liability insurance.

 

In my county a sport bike ran a read light doing well over a 100 mph hit a vehicle making a turn in front of him. Kill himself and the driver of the vehicle. He didn't have insurance or tags on his bike. So yes you can do serious damage to a vehicle with your bike. Of course more than likely you will be dead if you do.

I think you should get insurance to cover what you want to lose. If you don't care if your bike is totalled and you get nothing out of it than don't get collision. If you don't care if your bike is stolen and you get nothing back than don't get comprehensive.

 

Yes, a motorcycle can do serious damage to a car, even at sane speeds. In '59, a friend of mine was riding about 60 MPH on his Bonneville when some idiot ran a stop sign in front of him. Totaled the bike, the friend and the idiots '57 Plymouth. Keep in mind that, back then, Triumphs were a lot lighter than Softails and cars (at least US made ones) were a lot more sturdy than todays tincans.

 

All,

Thanks for the great advice and sorry for not replying sooner. My wife and I were out of town dropping our only child off at the airport ... he is heading to boot camp, Air Force (Air Traffic Controller) of course

I will call USAA today and get the real scoop of what exactly I am covered for and cost if I drop it down. Man I wish I only paid <$600/year.

Will keep you posted

V/r