Insurance

ggray · Post by **ggray** » Mon Jun 02, 2008 2:38 pm

Good help there RG.

Thanks!!!!

Gary

Geeky160 · Post by **Geeky160** » Tue Jun 03, 2008 12:13 pm

Wow, Progressive is charging me $247! In order to get cheaper I would have to sign off on no uninsured motorist with liability only. Then it would be $80. I have 2 other vehicles and am 49. Am I getting ripped here?

britman · Post by **britman** » Mon Jun 09, 2008 4:19 pm

Mr. Gray,

I have my CL77 and two old Bonnies insured with Foremost. I originally went through Harley Davidson Insurance for a Soft-tail I had and Foremost is a subsidiary they use for vintage machines. Their rates are great according to my wife who keeps the books. That is a fine job on your Scrambler, looks terrific.

ggray · Post by **ggray** » Tue Jun 10, 2008 7:30 am

Britman,

Thanks for the kind words and the tip for Foremost......I'll check them out.

Are they on the web?

Gary

britman · Post by **britman** » Tue Jun 10, 2008 7:19 pm

Mr. Gray,

Here you go.
http://www.foremost.com/

Give them a shot, as we all know it pays to shop around this day and time. I still use high test gas in all of my old ones. My insurance bill is about equal with my yearly vintage gas expenditures. Thank goodness I don't ride them that much.

ggray · Post by **ggray** » Wed Jun 11, 2008 7:32 am

Thanks Britman.

Gary

ggray · Post by **ggray** » Mon Jul 07, 2008 3:25 pm

Here's a company I found on the web for classic car and motorcycle insurance.

http://www.americancollectors.com/

They have very reasonable rates and they will insure for replacement value without an appraisal.

For Missouri, Liability was $46.00/yr. + $8.00 for medical payments of $1,000.00 + $4.00 for uninsured motorist + $3.00 for underinsured motorist equalling $61.00/year

For the bike's physical damage, use the following:

You simply state the value of your machine and pay a set rate per $100.00 of stated value based on the deductable you choose.

I.e., if you valued your bike for $4,000.00 and chose a $2500.00 deductable, you would pay $1.90/$100.00 of stated value per year, ($1.90 x 40 = $76.00)

$0 deductable is $2.20/$100.00 of stated value
$500.00 deductable is $1.60/$100.00 of stated value
$1,000.00 deductable is $1.30/$100.00 of stated value

This is in addition to the regular coverage of $61.00/yr for a total of $137.00/year.

Again, these are rates for Missouri and they could vary significantly by state.

I also got a quote from Geico for $81.00/year but that is without stated value coverage.

Have any of you used Americancollector or heard anything about them?

Thanks,

Gary