I sold my cruiser back in February and purchased a Ninja Motorcycle and currently insured with it. I am looking for a second bike now, a similar cruiser to what I had and was insured at $600 annually which was descent. I called for quotes before heading over to see the new used bikes Im interested in seeing and the insurance company quoted me $1000 annually. So same or smaller dispacement bike 2 months after cancelling my one policy for $600 is now $1000 to get coverage. WTF!! They told me there rates have gone up but cmon not like 40%. Can anyone in the indusrty or not explain to me why this is happening and any suggestions I do on this issue would be nice.
Thank you
Thank you