Fla riders...............
Tourer
Joined: Feb 2011
Posts: 467
Likes: 0
From: Brandon, Fl.
Florida does not require Liability Ins. on a bike? If you have any kind of assets whatsoever I would carry Liability at the very least. If you can write a check tomarrow to buy a new bike if you wrecked yours and not bat an eye then I can understand waving the Collision/Comp.......
I might be reading you wrong though, I thought every state in the Union required Liability Ins.......
I might be reading you wrong though, I thought every state in the Union required Liability Ins.......
Road Master
Joined: Aug 2010
Posts: 1,058
Likes: 2
From: Gainesville, FL
Cost of new bike, $20k plus
Cost of annual insurance $450 per year (assuming it is an annual premium).
It would take you 44 years @ $450 per year before you spent the price of a new bike in insurance costs. Even if the premium was $900 per year, you're still looking at 22 years before you shelled out the equivalent price of a new bike in insurance costs.
Unless you have minimum $20k laying around to buy a new bike if anything happened keep the insurance.
Definitely shop around, however. Insurance prices are set based not only on your driving record, but also longevity with an insurance company, any other policies you have with said company (car, home, etc) and, believe it or not, credit rating
Cost of annual insurance $450 per year (assuming it is an annual premium).
It would take you 44 years @ $450 per year before you spent the price of a new bike in insurance costs. Even if the premium was $900 per year, you're still looking at 22 years before you shelled out the equivalent price of a new bike in insurance costs.
Unless you have minimum $20k laying around to buy a new bike if anything happened keep the insurance.
Definitely shop around, however. Insurance prices are set based not only on your driving record, but also longevity with an insurance company, any other policies you have with said company (car, home, etc) and, believe it or not, credit rating
Nope, and if you are wearing a helmet the popo want even bring it up while they are passing out the performance awards.
Tourer
Joined: Mar 2009
Posts: 399
Likes: 0
From: Orange Park / Jacksonville, Florida
Wow!! I went with Geico last year, $278 / year. We also have 2 cars with them, so that helps.
Ultimate HDF Member
Joined: Dec 2007
Posts: 9,254
Likes: 283
From: Lake City, Florida (Native)
Thats about what I pay for both of mine with Allstate but we have our other vehicles insured through them as well .. Uninsured motorist is thrown in because have the other policies ..
Last edited by JayStronghawk; Apr 2, 2011 at 06:22 PM.
HD Forum Stories
The Best of Harley-Davidson for Lifelong Riders
7 Surprising Harley-Davidson Products that Are Not Motorcycles
Verdad Gallardo
8 Best Harley-Davidson Motorcycles Ever
Pouria Savadkouei
10 Worst Harley-Davidson Motorcycles Ever
Pouria Savadkouei
Killer Custom's Jail Break Is The Breakout That Refused to Blend In
Verdad Gallardo
Crazy Bunderbike Build Looks Amazing, But Is It Impossible to Ride?
Verdad Gallardo
Harley-Davidson Reveals Super Cool Cafe Racer Concept
Verdad Gallardo
Engraved Rebellion: Inside Bundnerbike's Glam Rock II
Verdad Gallardo
10 Motorcycles You Should Never Buy
Joe Kucinski