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Discussion Starter #1
So while I'm waiting for my bike to arrive, I started checking insurance rates. I am still having a bit of trouble as most sites don't have it listed yet. I am 25, no wrecks, tickets ect, riding for 3 years. Question is, what insurance companies have you found to have the best rates on this bike? I pay $400 full coverage for my Fz6 now through progressive. They want like 1200 for the Fz 09 which I would never pay. Nick that got his bike already, what are your rates looking like? I want to be around $600-800. Any more and ill really have to question buying this bike.
 

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I have a scooter insured with Progressive through USAA, and with Uninsured Motorist at 10 w/$250, it goes up $120 for a year.

The FZ-09 is available from the drop-down list.
If I don't explicitly state it, it's not in the coverage. I picked Accessory 1-3000 which seems logical for a new bike with no mods or accessories, but required.

I just pulled these other quotes (seems like 250 deductible is the sweet spot):
-All of these have Disappearing Deductible, Roadside w/Trip Interruption, Accessory 1-3000.

1000 Deductible:$469 increase - 1000 comp & 1000 collision

500 Deductible: $620 increase - 500 comp & 500 collision

250 Deductible: $684 increase - 250 comp & 250 collision

100 Deductible: $982 increase - 100 comp & 100 collision
 

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I checked pricing through State Farm, Geico, Progressive and Allstate. My current bike insurance is through Progressive and is ridiculously low for my 07 Suzuki DRZ400SM, just $28/mo for full coverage. I recently had a 2010 Yamaha Raider insured with State Farm for $42/mo. So far, the cheapest I have found for the FZ09 is $85/mo with State Farm, more expensive than both bikes combined and as much as the 07 CB1000RR I owned prior to the Raider. I think part of the problem is that NONE of the insurance agencies I spoke with had the bike in their records. I'm hoping, once they start to deliver I can get an accurate quote. To be honest, anything over the $60/mo range will be a deal breaker. I'm 42 with a perfect driving record... admittedly a bit of a hooligan, but damn!
 

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My 09 Er-6n was a whopping 89/yr with progressive.. I quoted the FZ out on progressives site a while back and I don't think it was above 150/yr.. I'll have to check again..

Just checked Progressive's site again and my quote says 91/yr..
 

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in another thread, someone mentioned Rider Insurance. (I posted there, too)

Rider insurance covers states from NJ to Ohio, and their policies are significantly cheaper than progressive, even with my USAA discount.

Here's an example, solid $250 deductible:
Bodily Injury $50,000 per person/$100,000 per accident N/A $ 38.00
Property Damage $25,000 per accident N/A $ 10.00
Comprehensive Not Applicable 250 $ 69.00
Collision Not Applicable 250 $ 176.00
Underinsured BI $50,000 per person/$100,000 per accident N/A $ 82.00
Uninsured BI $50,000 per person/$100,000 per accident N/A $ 109.00
This Vehicle includes the following discount(s)
Preferred Operator Discount 25% $ 161.00
Total $484 annual

Complete list of Rider covered states: Delaware, Indiana, Maryland, New Jersey, Ohio, Pennsylvania, Virginia or West Virginia.
 

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Just got off phone with Geico 10 minutes ago. Posted on another thread but put it here too

They have my 2014 CTX700N insured.
CTX 229.00 by itself (250 deductible 6k miles per year)
FZ-09 by itself 976 (1k deductible 6k per year) 1210.00 (250.deductible 6k per year)

more miles per year = more money.

CTX plus FZ-09 then 229 + 518 add on (3k miles per year each 1k deductible on FZ)

Rated sort of like the FZ-8 Sport bike.

45 years riding, no tickets, no accidents, full coverage including uninsured.
Looks like 19 per month for the ctx and 43 per month for the FZ.
 

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Insuring your FZ-09

I checked with a cousin who owns an insurance agency. As I'm sure most of you are aware, the companies base their rates on a few different criteria, so everyone's quotes may vary even from the same company. Among them or course are engine displacement, motorcycle category, rider age, and rider driving record.

When the insurance companies classify a motorcycle as a "sport bike" hold on to your wallets. They have bean counters (accident counters) who know what kind of rider is drawn to sport bikes, and how they tend to ride them.

I know it doesn't seem fair, but they just look at actuary tables that project their probability of paying a claim. Those damn statistics will get you every time. Doh!
 
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