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Discussion Starter · #1 ·
I've seen this conversation happening in several threads and i figured it warranted its own place for discussion. How insurance companies will deal with the H2 is paramount right now. If its a 750cc producing 1000cc plus power will it be classed as a 750cc or a 1000cc plus?

Not to mention the last time there was forced bikes they all ended up on insurance blacklists...

Honda CX 500 Turbo / 650 Turbo
Yamaha XJ 650 Turbo
Suzuki XN 85 Turbo
Kawasaki Z 750 Turbo

The Honda, Kawasaki and Suzuki bikes were all listed on a State Farm insurance "blacklist" published by American Motorcyclist in 1989
 

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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.
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
 

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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.

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.
 

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Discussion Starter · #10 ·
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...
 

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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...

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

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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...
 

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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.
 

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I Was told $1400 full coverage.
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)
 

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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.
 
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