Ninja H2 Insurance Speculations

I wonder if insurance companies will pick up on this and make the changes to reflect that it does produce power along the lines of a 1000cc although it's a 750.

Hopefully, we don't get banged over the head with insurance rates for the H2.

Should be same as ZX-10R rate ???

ninja boy said:

Hopefully, we don't get banged over the head with insurance rates for the H2.

Should be same as ZX-10R rate ???

Click to expand...

I'm hoping that it's at least within the range of the ZX-10R but seeing how this is a forced induction bike, it has me worried that insurance might see it as a reason to jack rates up a good amount.

I think that the insurance for this bike is not going to be cheap. I am preparing myself for the worst but hoping for the best.

Insurance quote

I, a 45 year old male with 20+ years motorcycle riding experience and great record, am getting quoted $2k/year with collision/comprehensive, underinsured/uninsured coverage.

OOgnirts said:

I, a 45 year old male with 20+ years motorcycle riding experience and great record, am getting quoted $2k/year with collision/comprehensive, underinsured/uninsured coverage.

Click to expand...

ouch! Where are you geographically? The reason I ask is because I'm getting into my late 40s and have close to 30 years "legal" street riding experience and also a great record, same insurance company for over 30 years. Since I'm close to Chicago my rates are higher than they could be

I am in the Phoenix AZ area. I can ride all year here, so my rates are probably going to be a bit higher for that reason.

OOgnirts said:

I, a 45 year old male with 20+ years motorcycle riding experience and great record, am getting quoted $2k/year with collision/comprehensive, underinsured/uninsured coverage.

Click to expand...

I am in So Calif. I am 72 with no tickets. Been riding since I was 16. I have 3 other bikes. I only put 1k mileage per year per bike. With 100/300 liability comprehensive, uninsured coverage I was quoted $818 with $1000 deductible with Geico. Other bikes have a $500 deductible.

Is it possible we're also too early to be recieving accurate quote information from the insurers? I know when they are unfamiliar with a new product/bike they will often err on the side of caution, considering there is little precedent for factory boost jobs I think I', going to hold of until the new year to begin poking around for insurance quotes...

Bazza said:

Is it possible we're also too early to be recieving accurate quote information from the insurers? I know when they are unfamiliar with a new product/bike they will often err on the side of caution, considering there is little precedent for factory boost jobs I think I', going to hold of until the new year to begin poking around for insurance quotes...

Click to expand...

When I received the Quote from Geico, they were aware of the H2 & already had it in their system.

$2k seems expensive for insurance, but if there was any bike that a company would want to jack the prices up, it would probably be this one.

als 15 h2 said:

When I received the Quote from Geico, they were aware of the H2 & already had it in their system.

Click to expand...

That is a bit surprising to me, didn't expect them to have it logged in their system that quick.
I was expecting people to talk about that being an issue, good to know that at least with geico that isn't the case.

One way to get past some of the outrageous price of insurance is to either pay it off when you purchase or get a personal loan that is not tied to the bike and then go with minimum insurance package, liability alone.
If you crash it the cost for a fix is yours but if someone hits you go after their insurance.
Personal loans require excellent credit or very good collateral. Remember when it comes time to sign the papers at the dealer you MUST show proof of insurance if the loan is tied to the bike (auto loan kinda thing).

The diff between liability only and full coverage could easily be 75% less for the liability only. Check Geico.

If you go for a personal loan do not mention that you are going to purchase anything with a VIN number, they will ask why you want this loan and tell them it's for school or home improvement etc...

I'm thinking not much more if any than a typical liter bike. It should be based on engine size like most insurance companies do.

I Was told $1400 full coverage.

OneArmBandit said:

I Was told $1400 full coverage.

Click to expand...

One area where being old and in the UK helps - my H2 will be insured on my business trade policy (at no extra charge so effectively FREE !) but even if I took out a separate policy I would be looking around £125 for an unlimited cc, fully comprehensive, rider policy (covers me to ride any bike whether I own it or not)

I need to move my business to the UK.

Can I have a job at your place pebble35 and then you can put mine on the company policy too

You guys are getting off light. My wife just had a 5 mph wreck in her car and I just checked on my coverage for the zx1000nffl with Progressive. After going through various options, it came back at $2700 per year for full coverage with 1000 deductible. Just for entertainment, I plugged in my 19 year old son's info to see the cost - the same coverage was $12,900 per year! Guess we won't see the normal 19 year old squids riding this thing.

I will probably check a few other companies to see if the rates vary much.