Insurance companies are pretty much untouchable as they have been allowed to have a lot of authority and are almost unregulated to make up their own clauses. It's a two edged sword, the law here says you HAVE to have insurance and all the insurance companies are in cahoots to drive the prices...
I remember one owner saying he gets his bike covered for legal closed course drag racing. I'm sure he paid a lot more but it might be worth checking into if you race. You might be able to buy coverage for a one time event. LOL I doubt any insurance company will cover that for racing on public roads though! Then again, never heard of an insurance company denying coverage for a high speed crash where the vehicle was obviously exceeding the speed limit. I'll bet you the adjuster reports that though and I'll bet you even more your insurance company keeps a record of such things even if there's no ticket for a violation.
About $100/6 months, liability only. If you don't crash, have theft or act of god damage, it will probably pay to not have the bike covered. I guess I'd go with comprehensive for the first couple years on a new bike but after that, I don't think it's worth it. Just save a couple hundred dollars a year incase you need it.
My gen 2 has full coverage including replacement for $750 a year...
$1500 a year for full coverage. 29 years old and clean record for a Gen 2 with Progressive
Progressive paid out for every aftermarket part that was damaged when I had my accident a few years ago. Only reason for that was that I opted for the accessories coverage.
Hahahah mine is $3360 a year and I have a very good driving record... we have only 1 insurance company in sask and you have to have it. Any bike over 1300cc or bigger are all $3360 a year no matter age or class..... they also pay for their own police force to enforce driving laws.
Well lucky I only pay for about 6 months and the other 6 are snow.... but yah motorcycles where I live are basically getting outlawed through insurance increases it started at $180 a month when I started riding for a R1 or a ZX10 now its $280 not even 10 years later. If you have a bad driving record it would be roughly $320-400 a month.
There must be someone with a Gen3 in the US who got it insured. I can't understand why the coverage would be a whole lot more than a Gen2 considering the engine and hp are basically the same. ...of course, it does cost almost twice as much as the Gen2 did and that might be the whole reason.
Hahaha the only issue is the roads I just came back from alberta and it is literally night and day once you hit the border our roads are as worse as a third world country!Hard to believe Saskatchewan has such high rates! It's so flat there that if you actually hit something, you saw it fifteen minutes before the crash!
You are definitely more dedicated to riding than I am, if my insurance were even half that, I would either move or get rid of the bike in a second...
