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Discussion Starter · #1 ·
What\'s Your Monthly K5 Insurance Rate

My insurance rose from $450 a month (accident free lifetime) to $520 a month canadian. I just don't get it. This amounts to about $460 American monthly. It's seems state farm decided to increase my rate just for the heck of it. Even more perplexing is the fact that the insurance companies posted a huge profit last year here in canada. Sometimes, i just think of burying my bike and making false claims. I could used free spare parts.
In all honesty though, it's getting ridicolurs over here. I wan't to get a touring bike and i can't afford insurance for two bikes. Any body has it this bad? Am 27 years old and i think we beign scammed for too darmn long in toronto. What's your monthly rate?
Sums up my feeling for these suckers.
 

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Re: What\'s Your Monthly K5 Insurance Rate

my god, that's horrible. you're going to pay that bike's value in less then 2 years.. christ that's a lot.

I suppose it's full coverage correct?
 

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Discussion Starter · #3 ·
Re: What\'s Your Monthly K5 Insurance Rate

Yes, but over here in toronto, my rate is probably average. It's that ridiculours. The agent told me that he was gonna give me a $100 reduction if i insure my house/car with them. Sadly, i live in my moms basement. I also eat her food. Come to think about it, i watch her tv as well; all on favourable monthly rate. Working full time, studying part time, pretty much leaves me with no option.
 

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Re: What\'s Your Monthly K5 Insurance Rate

$563 a year ($42 a month) full coverage on mine. just got it last friday...

Through state farm in metro detroit
 

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Re: What\'s Your Monthly K5 Insurance Rate

Almost $1500 a year here in jersey, thats about the cheapest you`ll find in this ripoff state. I`m 40 yrs. old btw.
 

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Re: What\'s Your Monthly K5 Insurance Rate

$36 a month
 

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Re: What\'s Your Monthly K5 Insurance Rate

$1433 a year for full coverage in NJ. 27 and clean record.
 

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Discussion Starter · #8 ·
Re: What\'s Your Monthly K5 Insurance Rate

$36 a month?

Am headed towards us immigration office afterwork. Am moving to the states.
 

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Re: What\'s Your Monthly K5 Insurance Rate

$100 a month liability... and yes, i know the risk of only having liability on a new very powerful bike
 

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Re: What\'s Your Monthly K5 Insurance Rate

just paid my insurance today $2900 full coverage on a K5 1000.

25y/o 2 minor speeding tickets, no accidents etc
 

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Re: What\'s Your Monthly K5 Insurance Rate

$300.58 a year State Farm no tickets, perfect record.
 

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Re: What\'s Your Monthly K5 Insurance Rate

$36 a month
Thats full coverage on 05 1000 I used to pay $30 a month on my 03 1000.
Statefarm
 

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Re: What\'s Your Monthly K5 Insurance Rate

RIDER INSURANCE 1233 IN NJ
 
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