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Thread: Insurance

  1. #1
    Georgia SUNRIDER711's Avatar
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    Insurance

    How much do I need to carry? If anyone has any thoughts on this,,,
    my bike(R1200C) is 10 years old and I carry full coverage.

    Georgia

  2. #2
    Registered User womanridge's Avatar
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    Hello Sunrider711,
    I have a new bike so I carry full comprehensive and collision. Not sure you need all that on a 10 yr old bike. I'm sure others will give you their thoughts on that.
    You certainly want liability and uninsured motorist. I carry 250/500 and 100,000 property damage.
    Good luck.
    Karen Jacobs
    Moderator
    2012 R 1200 RT
    MOA-133005, RA32109, IBA #37923

  3. #3
    ABC,AMA(LIFE),MOA,RA,IBMW MANICMECHANIC's Avatar
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    You might also consider medical coverage on your bike insurance. I advise this after taking a helicopter ride last year and fighting with my medical insurance. The bike is negotiable, but are you?
    F.O.G.Rider, Rounder #6,
    Ambassador, Biergarten co-chair
    BMWRA Wisconsin Region Rep, camping chair

  4. #4
    rabid reader dbrick's Avatar
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    Georgia,

    Given how vulnerable we are on bikes, I think that the really important coverage is not liability (you can't do a whole lot of damage to others) or collision/comprehensive (it's only a bike), but uninsured/underinsured motorist coverage, which protects you if the other driver is not insured, or not insured enough to cover your injuries. I buy the highest limit my bike policy allows.
    David Brick
    Santa Cruz CA
    2007 R1200R

  5. #5
    Registered User widebmw's Avatar
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    Quote Originally Posted by dbrick View Post
    Georgia,
    Given how vulnerable we are on bikes, I think that the really important coverage is not liability (you can't do a whole lot of damage to others)
    Liability is very improtant if you want to keep you money.
    I know of one rider who ran into the rear end of another rider.
    The medical bills for the other rider went way beyond his minimum liability insurance.
    They were friends and it went to court and was settled years later.
    If the rider who ran into the other rider had had enough liability insurance
    ($100,000) there would not have been a problem.
    They are not friends anymore.

  6. #6
    rabid reader dbrick's Avatar
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    Quote Originally Posted by widebmw View Post
    Liability is very important...
    I agree. In reality, one can only buy uninsured/underinsured coverage up to the regular liability limits. Thus, it makes sense to buy as much liability protection as you can, and make sure that the UI/UM coverage is up to the same level.
    David Brick
    Santa Cruz CA
    2007 R1200R

  7. #7
    Georgia SUNRIDER711's Avatar
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    Thank you all for your input. I have 50,000/100,000 on my U/UM and Liability. Actually, I did have an incident a few years back where a pickup truck rear-ended me at a stoplight. My insurance had to cover the damage initially,,,the driver claimed she never hit me,, even though a police report was filed.

  8. #8
    Registered User Bullett's Avatar
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    And don't forget to shop rates. We've been shopping rates for our new policy period beginning in May. We discovered that we can save about 50% on our auto insurance and about 20% on the bikes over our current carrier for the same coverage.
    Sharon
    '07 R1200RT (my favorite!); '12 Yamaha Super Tenere (El Gordo); '07 Suzuki DR650SE (!);
    '59 R 26 (my first)

  9. #9
    Registered User bmwgsrider's Avatar
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    The cheapest coverage I have found is through Dairyland.

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