General Category => Other Things Simplex => Topic started by: cotton on October 04, 2015, 04:13:15 PM
-
I don't know if this has ever been talked about before, but I was wondering what some of you were doing about insurance. We should at least have liability - the cheapest I've been able to find is $100 a year on each of my bikes. Does that sound reasonable or are there better deals out there? Thanks for any replies, Dwayne
-
Right now , I only have storage coverage for $6K . That comes to a grand total of $5.90 for the year .
Sorry that I can't help anymore than that .
Pete . :)
-
I have Hagerty Insurance on my bikes. They are a stated value policy. I have 3 bikes insured for a total of $16,000, and it costs me $183 a year.
-
I have two bikes insured with Hagerty and valved at $11,500. The annual cost of my policy is $125.
-
Hagerty for me as well.
If you are not familiar with Hagerty, it's not like typical insurance most folks are used to. Hagerty does full coverage policies for agreed value. How much it costs depends on what you're insuring and what the agreed value is along with the usual things like where you live, etc.
I spend $175 per year for two machines insured for an agreed $10k each located in TX.
The price includes all of the state required minimums for insurance, too, including liability coverage required to obtain registration.
I'd highly recommend checking them out.