Ducman Posted April 3, 2004 Report Share Posted April 3, 2004 I know there was a couple of posts asking about insurance for their quads a while back, and I not sure that this insurance covers quads but it probably will. I just got my policy renewal for my Ducati 996 through GMAC Insurance and the rates actually went down by $50 for this year to $450 per year for full coverage with a $500 deductable on comp and collision along with some extra's in coverage. If you aren't familiar with the full coverage insurance premium rates on crotch rockets $450 is friggin good! Now motorcycle rates vary over a wide range, so for a cruser or a duelsport the premiums aren't too bad, but let me tell you, on a super high performance crotch rocket, especially the new 1000cc rockets the premiums are sky high. I have heard many quotes as high as $3000 per year, yeah, more than the payments! I myself have been quoted $2000 per year by McGraw recently and I had Progressive for a year at $500 with the bear minimum full coverage I could carry while making payments and not owning the title and by the next year they re-evaluated the premium for the 996 and wanted $1600 for the bear bones full coverave insurance even though I maintained a solid good drivers record. The same thing happened before when I got insurance through a company that got the insurance through McGraw and the underwritter. They kept jacking the rates even though my record was staying clean. I haven't got any tickets on my record for 5 1/2 years now (on my insurance record that is, had to take traffic school once to keep a point off my record recently), I also have had a motorcycle liscense and motorcycle insurance for 10 years now, and the rates have still been stedily going up over the last several years causing me to have to shop around for the best rate every other year, so I'm happy to finnaly see a rate go down and not have to shop around again this year. I was about to sell the duck rather than pay $1600 per year on insurance because we were buying a house that year and my wife shopped around for me. She didn't have any luck untill she called the Ducati dealership and they gave her the tip. Many thanks to my honey. So I'm pretty happy with GMAC Insurance, maybe if you have a bike or possibly a quad you should give them a try. The customer service # is 1-800-325-1190 Quote Link to comment Share on other sites More sharing options...
deathmetal2004 Posted April 3, 2004 Report Share Posted April 3, 2004 ive heard nothing but bad things about progressive, if you have to file a claim they skrew you. sometimes they can save you money, but as far as ive found its a rare happening. they wanted 900 and something a year for my banshee, and 2000 a year for my truck, i guess thats what i get for being a 19 year old male. i have 2 accidents from about 2 years ago and a speeding ticket from almost 3 years ago.luckly i found ins for my banshee for 290 a year with pretty good coverage. i hate insurance, them nazi politicians make you have it, so the insurance companies run their monopolies and jack up prices when they feel like it.kinda like OPEC. they got everyone by the balls. Quote Link to comment Share on other sites More sharing options...
Otis Posted April 4, 2004 Report Share Posted April 4, 2004 tell me about it..... I was paying 2000 a year for full coverage, on my R1.. 31 and clean driving record.... I dont know how they sleep at night....... Congrats on that rate.....450 is sweet, on a Duc no less... Quote Link to comment Share on other sites More sharing options...
sdshee Posted April 4, 2004 Report Share Posted April 4, 2004 I have full coverage with $100 deductable from Allstate...$205.00 year on my 04 Banshee Quote Link to comment Share on other sites More sharing options...
Ducman Posted April 4, 2004 Author Report Share Posted April 4, 2004 I have full coverage with $100 deductable from Allstate...$205.00 year on my 04 Banshee That's pretty cheap, one bent axel, tweaked handel bars and levers to go with and It has paid for itself. Quote Link to comment Share on other sites More sharing options...
sdshee Posted April 5, 2004 Report Share Posted April 5, 2004 You are right on the money Ducman...I had the same ins. on my 700 Kawi quad and got hit by a bike....bent the rear axle and back wheel...$900 dollars....2 months later I rolled it down a dune and totaled it....Allstate paid cash value(actual price of a new quad) plus they paid me for every after market part I had a reciept for.....I know I sound like an Allstate Salesman but you really cant beat the cost if you ride hard or have bad luck like I seem to be having....As long as Its not a racing type acc. your covered.....I really didnt like the 700 anyway...put thousands of $ into it and still got my ass kicked by Banshees....Thats why I bought one.....sd Quote Link to comment Share on other sites More sharing options...
bansheeman95 Posted April 5, 2004 Report Share Posted April 5, 2004 hey ducman, I called and they said they wouldnt insure atv`s in oklahoma, whats the deal, are they territoiral? i think they said they werre based in north carolina Quote Link to comment Share on other sites More sharing options...
Ducman Posted April 5, 2004 Author Report Share Posted April 5, 2004 hey ducman, I called and they said they wouldnt insure atv`s in oklahoma, whats the deal, are they territoiral? i think they said they werre based in north carolina I dont think they are territorial, I'm in CA. I'm not sure about all of their coverage policies as far as what states and which vehicles, just the best rate on sportbikes that I know of and no rate hikes. Also they allow you to pay only half of the year up front and the rest a few monthes later. Quote Link to comment Share on other sites More sharing options...
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