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Discussion Starter #1
I have had my insurance with Markel for quite a few years and have been satisfied with them. I just got my premium notice and they added uninsured and under-insured motorist coverage. I knew this was going to happen so that wasn't a surprise.

What was shocking was the cost. Without that coverage the premium is $273. With it the cost jumps to $673! This seems to be way out of line and I am calling them tomorrow. Does it even make sense to have that coverage on the bike? Is that premium cost out of line with other companies? Wouldn't my normal health care policy cover me if I am injured and the one who caused it doesn't have insurance?

Sad to say, but living in Arizona there are a lot of folks who don't even have US driver's licenses let alone the required insurance.
 

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Here in SC, I don't have the under insured, but do have the non-insured. If one has insurance in SC, they are required to have a certain minimal coverage. If they are driving un-insured, then my un-insured coverage would pay. As far as the medical coverage is concerned, if you have regular health insurance, and you are in an accident, it should cover you based on the limits of your health insurance policy. If you had the extra coverage for the medical insurance on the motorcycle, then your health insurance would subrogate with the motorcycle health insurance, anyway, and you might not get the money the motorcycle policy pays toward medical expenses, as the amount of coverage would probably go to reimburse your health insurance. I am not an insurance specialist, but perhaps someone on this board can better answer.....
 

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That's a big jump. I have full coverage plus 3k accessories, road side, un and under insured for an 08LT and I pay 275 per year.
 

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WELL i had to respond to this one HERE in CANADA i pay $1200 per year full coverage you have to pay the full premium in 5 months may to sept so there.s no sense to cancel my insurance cause you get nothing back BUT MPI Manitoba Public Insurance (government Run ) say i can ride for free all winter long when its 20 below well thanks alot
 

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In Oregon, UN and UNDER insured policies are required by law. For example: If your passenger gets hurt, even if it wasn't your fault,the passenger's medical costs will get paid by someone, and if the other guy doesn't have insurance, you get the bill. The passenger may not want to sue you but his health insurance company will. I pay $350 per year including liability, comprehensive, collision, and UN and UNDER with State Farm.
 

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Discussion Starter #7
OregonRider said:
In Oregon, UN and UNDER insured policies are required by law. For example: If your passenger gets hurt, even if it wasn't your fault,the passenger's medical costs will get paid by someone, and if the other guy doesn't have insurance, you get the bill. The passenger may not want to sue you but his health insurance company will. I pay $350 per year including liability, comprehensive, collision, and UN and UNDER with State Farm.
The point about an injured passenger is certainly a valid one. Your cost through State Farm seems to be reasonable too. I have all the coverages you mentioned plus roadside assistance and replacement cost. I expected my premium to go up maybe $100; but, $400 just seems to be out of line. I am going to have a chat with them tomorrow and see what their story is.

Regards,
 

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Here in Calif where they screw you pricewise for everything I'm paying about $300 a year for full coverage with Allstate.
 

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You cannot really compare different states or countries - the only way to price shop is to do it within your own state.. When I moved from Mass to CT, my auto insurance dropped by almost $1000/year for the exact same coverage.

Last year I called around and found a $400 difference between three different carriers when I bought the RT. Shopping around can be key.

In some states, it's so controlled that shopping around has more to do with the services & customer satisfaction than with the cost.
 

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I have a 2006 K1200lt in Mississippi. Geico is $248.00/year
State Farm wants $1,050,00
Foremost wants $650.00
Progressive wants $375.00
Dairyland wants $1,100.00

Guess why I chose Geico. Keep in mind that I also insure everything else I own with State Farm. Did not seem to make a difference
 
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