Best broker for a young rider on a 250?

**Nofear** · 08-25-2011, 11:42 AM

I'm looking to be insured next year when I actually get my bike, so I was just wondering which brokers I could call who would possibly give me the best rate?

Basic rider info:
19 y/o male
Had M2 for a full year, and G1/G2 since 16 y/o (no claims or tickets)
2008 kawi ninja 250r

I called John Duffy and got a quote for $1973 per year (for just $1m liability), which is still a bit steep for me.

If anyone has some brokers that they would like to recommend me and I could call for a quote, please do!

**rideitlikeyoustoleit** · 08-25-2011, 08:47 PM

Originally Posted by Nofear

I called John Duffy and got a quote for $1973 per year (for just $1m liability), which is still a bit steep for me.

You answered your own question. John Duffy (Jevco) will be your cheapest option. $1973 is steep for you? What do you kids do with your money these days?

**Nofear** · 08-25-2011, 09:49 PM

Well its kinda bull s#!t when Progressive in the USA can insure a rider my age for around $300 per year

I have about $7500 saved for motorcycling (going to throw more money in the hole when next summer rolls around for me to get another job) I was hoping insurance would be $1500/year max...

**VifferFun** · 08-26-2011, 05:01 PM

Originally Posted by Nofear

Well its kinda bull s#!t when Progressive in the USA can insure a rider my age for around $300 per year

I have about $7500 saved for motorcycling (going to throw more money in the hole when next summer rolls around for me to get another job) I was hoping insurance would be $1500/year max...

There are plenty of threads explaining the difference between the US and Canadian insurance scenes.

At 19yo, you aren't going to find insurance for $1500 or less. The Jevco quote with Duffy is probably the best you are going to get.

**rideitlikeyoustoleit** · 08-31-2011, 12:23 PM

Be glad that you're one year younger than me and your insurance is almost half of mine.

**jimmers** · 08-31-2011, 01:02 PM

That's a pretty good quote for your age. Don't take it for granted. It could be a lot worse.

**jeffjones** · 08-31-2011, 01:43 PM

Originally Posted by Nofear

I was hoping insurance would be $1500/year max...

If you want that price the only way to get it is to sell your 250 and get a CBR125. That one of the better quotes I have seen for someone your age

**VifferFun** · 09-01-2011, 01:59 PM

Originally Posted by jeffjones

If you want that price the only way to get it is to sell your 250 and get a CBR125. That one of the better quotes I have seen for someone your age

The CBR125 won't be much cheaper than a Ninja 250 -- in fact, it is probably the same premium with many insurers.

**Two50noob** · 09-01-2011, 02:04 PM

Get your Full G wait a year and go with state farm.

**VifferFun** · 09-01-2011, 02:19 PM

Originally Posted by Two50noob

Get your Full G wait a year and go with state farm.

The "wait-a-year" strategy only applies to Jevco, since they consider you experience after simply being M1/M2 licensed for one full calendar year.

State Farm requires that you have your full G AND you have been licensed on a car for 5 complete calendar years. State Farm rates are very attractive for people who have been driving a car for a while, but are buying a bike with zero experience.

**PLau** · 09-07-2011, 01:27 AM

Originally Posted by VifferFun

The CBR125 won't be much cheaper than a Ninja 250 -- in fact, it is probably the same premium with many insurers.

I called many insurance companies and asked for a quote for both the bikes and they were exactly the same. (I dont know about state farm cause I dont qualify)