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Old 09-11-2005, 11:24 AM   #1
eekadog
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Default Re: Insurers in hot pursuit of the motorcycle market

geico is expensive...
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Old 09-11-2005, 11:54 AM   #2
balpo
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Default Re: Insurers in hot pursuit of the motorcycle market

GEICO is the same company that asks cagers if they have a radar detector (then raises their rates or drops them). Caveat Emptor.
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Old 09-11-2005, 12:13 PM   #3
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Default Re: Insurers in hot pursuit of the motorcycle market

Two sides to this sword. This could mean lower rates from more competition. This is a good thing.



And it could mean that the Insurance Institute for Highway Safety comes after us. Not so good.
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Old 09-11-2005, 12:14 PM   #4
jjasper
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Default Re: Insurers in hot pursuit of the motorcycle market

Who is a good insurer in LA, I live out by Pasadena.
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Old 09-11-2005, 12:16 PM   #5
mikenomad
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Default Re: THE GEICO GUN

GEICO spends all of its money on advertising and giving out free radar guns to law enforcement.



They don't have any money left to pay claims.



And they're expensive.
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Old 09-11-2005, 01:19 PM   #6
sarnali
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Default Re: Insurers in hot pursuit of the motorcycle market

I thought the IIHS was already after us.



I have to admit State Farm has been pretty responsive handling my claim for the Trophy. I haven't got a settlement yet, but they already paid $400. for towing and storage and agreed to replacement (market) value for the bike.



State Farm goes by engine size and driving record for their rates, so far they've been pretty competitive for me.
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Old 09-11-2005, 02:02 PM   #7
smackd2k
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Default Re: Insurers in hot pursuit of the motorcycle market

That's great if you live somewhere other than Massachesetts. None of those insurers can operate here. Sucks. My rates are retarded.
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Old 09-11-2005, 02:18 PM   #8
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Default Re: Insurers in hot pursuit of the motorcycle market

You weren't, by chance, hit at an on-ramp on the way to Steamboat?
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Old 09-11-2005, 02:43 PM   #9
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Default Re: Insurers in hot pursuit of the motorcycle market

I love the new rider who bought his first motorcycle, a "non-performance" VTX1300C. He goes on to call motorcyclists who "white-line" idiots. Well you know what? My 11 years, 4 bikes, MSF, ARC trained, white-lining ass thinks the same of new, late thirties-something riders on 1300cc Honda VTX's!
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Old 09-11-2005, 03:23 PM   #10
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Default Re: Insurers in hot pursuit of the motorcycle market

Amen Brother! Can I also add a sermon for those of us to have to pick 20 yr old kids out of the middle of 6 lane roads after they cart wheeled their new GSXR1000 across the median. Yes it was their first bike, yes they had been drinking, and yes they were is shorts and muscle shirt (but had shoes and helmets). Can't afford insurance period at my age (20) because of it. I have yet to see any benefit from added competition. Unfortunately they don't want any customers my age.



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