How to insure a chinese Bike and how much it cost?

Mightbaal · 06-09-2016, 04:31 AM

Well I bought a hawk 250 enduro it will be here Tomorrow and I called progressive and they said without the VIN they cant pull it up because it was not in their database. I had them quote me for just liability on a Honda CRF250L just to see what the insurance would be on a semi similar bike and they said it would be a one time payment of $75 for a full year on that bike which is like $6.50 a month or something like that. Are Chinese bikes more expensive to insure and anyone have problems insuring them? From Wisconsin here.

hertz9753 · 06-09-2016, 04:56 AM

I did it online after the bike was titled and registered. I had to click other and the price was $75 a year for liability. Don't steal my VIN number.

Mightbaal · 06-09-2016, 06:15 AM

Quote:

Originally Posted by hertz9753

I did it online after the bike was titled and registered. I had to click other and the price was $75 a year for liability. Don't steal my VIN number.

Yea that whole Title and registration thing takes time ugh I have to call the dealer after I get my bike give them the VIN then they have to get something from the manufacture and so on 1-2 weeks dunno how long I wana wait to ride it lol. Would my bike be temporary covered under my auto policy? Like I know in Wisconsin if you buy a new car you have 14 days your insurance provider has to cover that car until you call and insure it. Not sure if thats the same with bikes but I dont hold a motorcycle insurance right now because i do not have a bike...

hertz9753 · 06-09-2016, 07:24 AM

I got my MCO, title, registration and insurance before I got my bike. The bike is not covered under auto it is separate and you can't add it.

I got my MCO in the mail on May 23 and did everything the same day. The insurance started on May 31 and I got the bike on June 1.

kohburn · 06-09-2016, 07:25 AM

75 a year for only liability seems pretty normal.

it gets complicated when you get into collision and comprehensive. they are a bit leery of parts availability

my best price was with nationwide.

katoranger · 06-09-2016, 08:19 AM

Check with you auto insurer first. Sometimes you can get a good price for a motorcycle too.

$75/year liability is pretty normal. I had full coverage on my honda elite 150. It was about $100/year. The value of the elite would have been about $1500.

Eldric1 · 06-09-2016, 09:32 AM

If you already have the bike you can give them the VIN from the bike itself. That's what I did.

willguy · 06-10-2016, 05:31 PM

$75/year liability with Progressive is the standard rate I think. Me and my friend got the same rate for 3 different bike, Ninja 300, CBR 300 and a Suzuki DR200. Adding full coverage or comprehensive is where the differences comes. My DR200 with full coverage and the lowest deductible cost only $110/year but the Ninja with only comprehensive and double the deductible cost $270/year. I guess dirt bike or dual sport cost a lot less than a sport bike when it comes to insurance.

BARLOW · 06-10-2016, 11:02 PM

mine $125/ year for full coverage

jct842 · 06-10-2016, 11:51 PM

You ought to see what it costs to get full coverage on a big crotch rocket! A friend used to have a small motorcycle shop and would buy clean bikes to resell. He bought a hiabussa and said "maybe I will keep it to ride for a while" He checked and at around age 50 and no tickets it was over $2000 a year for him and that was 10 years ago! Since he financed all he bought he had to have full coverage.

Mightbaal · 06-11-2016, 02:48 AM

Quote:

Originally Posted by jct842

You ought to see what it costs to get full coverage on a big crotch rocket! A friend used to have a small motorcycle shop and would buy clean bikes to resell. He bought a hiabussa and said "maybe I will keep it to ride for a while" He checked and at around age 50 and no tickets it was over $2000 a year for him and that was 10 years ago! Since he financed all he bought he had to have full coverage.

Thats expensive I bought a 2006 CBR1000RR 5 years ago I was 25 years old my 2004 GTO that was totaled out was just off my record was pretty clean and it was cheap but I dont think I had to have full coverage I paid a lot of it with cash and the loan was lower than 5k so it was liability was pretty cheap I remember. Full coverage I think was $400 for the year if I remember right through progressive.

'16 TT250 · 06-11-2016, 11:18 AM

Quote:

Originally Posted by jct842

You ought to see what it costs to get full coverage on a big crotch rocket! A friend used to have a small motorcycle shop and would buy clean bikes to resell. He bought a hiabussa and said "maybe I will keep it to ride for a while" He checked and at around age 50 and no tickets it was over $2000 a year for him and that was 10 years ago! Since he financed all he bought he had to have full coverage.

My CBR1100XX and Ducati999s were over $2K ea. for full coverage, 45 years old and a squeaky clean record. I went with liability and medical only. People in other places get the same coverage for MUCH less, some as low as $400/year. It appears that So.Cal. is one of the most expensive for bike insurance.

06-09-2016, 04:31 AM	#1
Mightbaal Join Date: Jun 2016 Posts: 41	How to insure a chinese Bike and how much it cost? Well I bought a hawk 250 enduro it will be here Tomorrow and I called progressive and they said without the VIN they cant pull it up because it was not in their database. I had them quote me for just liability on a Honda CRF250L just to see what the insurance would be on a semi similar bike and they said it would be a one time payment of $75 for a full year on that bike which is like $6.50 a month or something like that. Are Chinese bikes more expensive to insure and anyone have problems insuring them? From Wisconsin here.
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06-09-2016, 07:24 AM	#4
hertz9753 Join Date: May 2016 Location: Bismarck, ND Posts: 868	I got my MCO, title, registration and insurance before I got my bike. The bike is not covered under auto it is separate and you can't add it. I got my MCO in the mail on May 23 and did everything the same day. The insurance started on May 31 and I got the bike on June 1. __________________ 2015 and 3/4 RPS Hawk 250. Most people would call it a 2016 but the MCO didn't.
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06-09-2016, 07:25 AM	#5
kohburn Join Date: Dec 2015 Location: Coastal NC Posts: 537	75 a year for only liability seems pretty normal. it gets complicated when you get into collision and comprehensive. they are a bit leery of parts availability my best price was with nationwide. __________________ -whatever you do, just be awesome. - 2008 Kawasaki Versys - 2016 CSC TT250
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06-09-2016, 08:19 AM	#6
katoranger Join Date: May 2007 Location: Altamont, Kansas Posts: 15,103	Check with you auto insurer first. Sometimes you can get a good price for a motorcycle too. $75/year liability is pretty normal. I had full coverage on my honda elite 150. It was about $100/year. The value of the elite would have been about $1500. __________________ You meet the nicest people on a Honda Clone.
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06-09-2016, 09:32 AM	#7
Eldric1 Join Date: May 2016 Location: Angier, nc Posts: 96	If you already have the bike you can give them the VIN from the bike itself. That's what I did.
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06-10-2016, 05:31 PM	#8
willguy Join Date: Apr 2016 Posts: 14	$75/year liability with Progressive is the standard rate I think. Me and my friend got the same rate for 3 different bike, Ninja 300, CBR 300 and a Suzuki DR200. Adding full coverage or comprehensive is where the differences comes. My DR200 with full coverage and the lowest deductible cost only $110/year but the Ninja with only comprehensive and double the deductible cost $270/year. I guess dirt bike or dual sport cost a lot less than a sport bike when it comes to insurance.
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06-10-2016, 11:02 PM	#9
BARLOW Join Date: Jan 2016 Location: central illinois Posts: 362	mine $125/ year for full coverage
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06-10-2016, 11:51 PM	#10
jct842 Join Date: Jan 2015 Location: arkansas Posts: 297	You ought to see what it costs to get full coverage on a big crotch rocket! A friend used to have a small motorcycle shop and would buy clean bikes to resell. He bought a hiabussa and said "maybe I will keep it to ride for a while" He checked and at around age 50 and no tickets it was over $2000 a year for him and that was 10 years ago! Since he financed all he bought he had to have full coverage.
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