02-25-2014, 09:06 AM
You should expect large disparities in policies costs since things like coverage amounts, location, coverage options and driving records pretty much combine to make the premium. That's a lot of variables.
In my case I have liability-only at 100K/250K. The straight liability policy would only cost around $30 yr., but the un/underinsured motorist coverage spikes it to $300. That's to be expected in a border state with a lot of uninsured (and unlicensed) drivers. My zip code is particularly bad in this respect.
Oddly enough, my CB750 policy has the same limits, but only costs half as much. When comparing the two, there is still the same big bump in the price for un/underinsured, but all of the amounts are about 1/2 as much as the CB11's policy. I've never figured out why the insurance company would double the liability price on the CB11 policy, when the bikes are so similar. I would think liability-wise, the CB11 should be less risky due to it's improved suspension and brakes. Go figure. (BTW, both bikes are with Progressive, for the time being).
In my case I have liability-only at 100K/250K. The straight liability policy would only cost around $30 yr., but the un/underinsured motorist coverage spikes it to $300. That's to be expected in a border state with a lot of uninsured (and unlicensed) drivers. My zip code is particularly bad in this respect.
Oddly enough, my CB750 policy has the same limits, but only costs half as much. When comparing the two, there is still the same big bump in the price for un/underinsured, but all of the amounts are about 1/2 as much as the CB11's policy. I've never figured out why the insurance company would double the liability price on the CB11 policy, when the bikes are so similar. I would think liability-wise, the CB11 should be less risky due to it's improved suspension and brakes. Go figure. (BTW, both bikes are with Progressive, for the time being).