Insurance for classic/vintage bikes

**momoneymohoney** · 02-22-2012, 02:12 PM

Called Jevco to get a quote for a 1985 Suzuki GS 450 L, and the quote was pretty close to my 2003 Katana 750 (around $1200). SF giving me the same thing too. over 25, G1 since I was 17. Is this normal?

**Hachi-Roku** · 02-22-2012, 02:36 PM

Originally Posted by momoneymohoney

Called Jevco to get a quote for a 1985 Suzuki GS 450 L, and the quote was pretty close to my 2003 Katana 750 (around $1200). SF giving me the same thing too. over 25, G1 since I was 17. Is this normal?

Normal for Who?

**momoneymohoney** · 02-22-2012, 03:11 PM

Originally Posted by Hachi-Roku

Normal for Who?

In terms of price, is it normal for them to be quoting so much for a 450cc classic bike. Is there like a high accident rate on these bikes or something? I was hoping to downgrade to a slower bike in order to get a bigger savings on my insurance.

**Gryph** · 02-22-2012, 03:26 PM

I just got an 1150 quote on my '79 KZ400 from Jevco, sounds like similar specs to you (27/GM/1ticket). I didn't insure this bike last year for the same reason and it looks like i won't be able to find cheap insurance for it this year either. Worst part is that if my bike was a newer 400 insurance would be next to nothing with my company (TD Meloche Monnex).

**RicoChet** · 02-22-2012, 04:35 PM

I have a 1982 CB900F Super Sport that's $1000 a year from State Farm. 30 with full M license.

**nobbie48** · 02-22-2012, 05:03 PM

I thought classic bikes were 15 or more YO+ and vintage cars were 25 YO+. From the viewpoint of a devil's advocate I wouldn't see a 25 YO run of the mill bike as something someone would baby like they would a Brough Superior, Vincent etc. I would think more in line of it being a cheap, possibly poor handling bike to hammer around with hence high on the liabilty scale. A Vincent would be low on the liability scale but high on the theft / comp part. The last time I insured an older bike it was a 23 YO Goldwing with basics for about $500.00.

**momoneymohoney** · 02-22-2012, 09:03 PM

Originally Posted by nobbie48

I thought classic bikes were 15 or more YO+ and vintage cars were 25 YO+. From the viewpoint of a devil's advocate I wouldn't see a 25 YO run of the mill bike as something someone would baby like they would a Brough Superior, Vincent etc. I would think more in line of it being a cheap, possibly poor handling bike to hammer around with hence high on the liabilty scale. A Vincent would be low on the liability scale but high on the theft / comp part. The last time I insured an older bike it was a 23 YO Goldwing with basics for about $500.00.

I actually didn't know the difference between classic & vintage, thanks. Guess I'm stuck with the Kat, really was hoping for a cheaper price for the lower old and lower cc bike.

**nobbie48** · 02-23-2012, 06:35 AM

Originally Posted by momoneymohoney

I actually didn't know the difference between classic & vintage, thanks. Guess I'm stuck with the Kat, really was hoping for a cheaper price for the lower old and lower cc bike.

I'm throwing apples and oranges as I'm not sure of the official definitions. A classic can be almost instant if it creates a new class of vehicle. Vintage is more like being an adult or senior citizen. If the number is there you're it. The numbers are all over the place.

**Lunatic** · 02-23-2012, 09:14 AM

OP, What class (M1, M2, M) and how long have you had your M license?

Also, what level of coverage are you being quoted?

Jevco is charging me about $1200/yr to cover both of my bikes, liability only.

**momoneymohoney** · 02-23-2012, 10:46 AM

Originally Posted by Lunatic

OP, What class (M1, M2, M) and how long have you had your M license?

Also, what level of coverage are you being quoted?

Jevco is charging me about $1200/yr to cover both of my bikes, liability only.

Had my M2 License for about 3 years now (getting M this spring). It was liability only. You probably have experience and full M on me maybe, but that's a really good rate.