MA insurance

[Kham]

seriously people. i need to insure my bike asap. i'v paid over $1200 last yr and let it cancel a month ago. insurance company is Commerce and the agent is around my area.

my area is not a high rate. im sure i can do better somewhere else.

any recommendations?

[benVFR]

Everyone's MA rates are supposed to be dropping quite a bit... even if you just wait and renew you should see it go down.

[skiierx]

Kham, Lowell is an expensive area to insure bikes/cars. There are a lot of thefts in that area. That would be one reason your price is high. Also don't you have a ticket or two that has affected your step? Those with your zx-10 = high cost to insure.

[Kham]

Originally posted by skiierx
Kham, Lowell is an expensive area to insure bikes/cars. There are a lot of thefts in that area. That would be one reason your price is high. Also don't you have a ticket or two that has affected your step? Those with your zx-10 = high cost to insure.

it's in Chelmsford. big difference in rates. i don't know how much difference.

my step was 9 + 1 tickets = ? what is my step?

[Billy]

Originally posted by chr|s sedition
I *think* everyone starts at 15, and for every year your dont have an..."incident", a point comes off, bottoming out at 9.

I found out some interesting information. It looks like Commerce links your motorcycle step and car step together. I was under the impression that your motorcycle and car were two seperate things.

I've had this insurance policy on my car since 1998 and I'm a step 10 going to a step 9 this fall.

I bought my first motorcycle in June of 05 and got it insured shortly after. I'm looking at my motorcycle insurance policy and it's at the same step as my car (10).


SWEEEEEEEEEEEEEEEEEEEEEET

[RandyO]

Originally posted by BadBoyBilly
I found out some interesting information. It looks like Commerce links your motorcycle step and car step together. I was under the impression that your motorcycle and car were two seperate things.

I've had this insurance policy on my car since 1998 and I'm a step 10 going to a step 9 this fall.

I bought my first motorcycle in June of 05 and got it insured shortly after. I'm looking at my motorcycle insurance policy and it's at the same step as my car (10).


SWEEEEEEEEEEEEEEEEEEEEEET

your driving record is your driving record...... why should it be different, your motorcycle license is not a different license, just an endorsement tyhat you are have met the minimum qualifications to ride a bike on the road, just like a commercial or school bus endorsement

[Billy]

I thought that since you're riding a different vehicle you would be considered a new driver on the different vehicle.

[RandyO]

Originally posted by BadBoyBilly
I thought that since you're riding a different vehicle you would be considered a new driver on the different vehicle.

if you get a speeding ticket on your bike, it will affect both your car and bike insurance, juar likw id you are speeding while driving someone elses car, you are the operator, it goes on your record, what vehicle makes no difference

[tls25rs]

Just a quick clarification on how a step should have affected your insurance, if you had multiple policies, up until this point in time.

If you happen to be a "safe driver" and your step is less than a step 15 then all of your policies are subject to a "safe driver" discount. This discount is based on your SDIP rating number. When less than 15 there are certain percentages of certain sections of your policy that are given as a credit.

If you happen to be a driver who's SDIP rating has gotten to a point higher than 15 this will cause you to be surcharged by the insurance company due to your driving history. The insurance company can only surcharge you on one policy at a time. Therefore if you have two policies, 1 car and 1 bike, whichever policy is the more expensive policy will have your SDIP step assigned to it and the second policy, the cheaper one, will be assessed as a step 15 or "neutral step".

I don't know how the "new" way of handling the points will affect this but up until this point in MA this is the way the policies are handled.

I wound up doing a ton of research about this stuff when I was paying stupid amounts of money for my car and bike policies. Boy was I happy when I realized that the insurance company had been overcharging me for the last 4 years and that they had to give me a refund for the extra money they had charged. Took a while to get the check but I got it nonetheless.

L8R

Joel

[nefarious]

my insurance is 2700 a year.. im only a step 15/16 in MA but I have the bike registered in RI.. fuck RI

[bigred875]

Originally posted by nefarious
my insurance is 2700 a year.. im only a step 15/16 in MA but I have the bike registered in RI.. fuck RI

switch compaines...I pay 700 full cov...lol

[nefarious]

yeah i should look into it, but its still a little more complicated than that.. I dont win the bike, and its not even in my name...

oh btw nice hoodie! kept me warm on the way to work today...

[bigred875]

Originally posted by nefarious
yeah i should look into it, but its still a little more complicated than that.. I dont win the bike, and its not even in my name...

oh btw nice hoodie! kept me warm on the way to work today...

[Kham]

so no insurance salesman here?

are people just jealous and wants other to pay more than them? or is this a touchy subject and im just a dumbshit?

nice community.

[nefarious]

Originally posted by bigred875

just kidding its in the back of my truck i just never stay at work late enough to come by your place.. that will all change on monday though...

[dhuze]

Originally posted by Cue Ball
Wow, a Step 34! You worked at that one, the worst you can be is a 35. I work @ Commerce Ins in MA, I would suggest calling your agent, they should be able to tell you what the cut offs are for CC displacement. With your step rating, you are going to pay thru the ass even if it was a moped.

Originally posted by Kham
so no insurance salesman here?

are people just jealous and wants other to pay more than them? or is this a touchy subject and im just a dumbshit?

nice community.

RTFT

[Kham]

ok listen up!

i just talked to the girl at the insurance agency. she doesn't know how the new system works yet but this is what she said. a new system just came out last week that uses points. a person with new license and no records starts off at 0 and the best driver point is 99. the SDIP system does not apply anymore.

anyone know how this works?

i started off with 0 points due to one fuckin ticket in 2004 even i'v been driving over 6 yrs.

[bigred875]

Originally posted by nefarious
just kidding its in the back of my truck i just never stay at work late enough to come by your place.. that will all change on monday though...

werd holla ...or something

[Kham]

ok screw you.

this is cool. i just talk to another agency and she quoted me $448 full cover but i have to pay in full. im like hell, i can do that... see next week...

[benVFR]

I visited my insurance agent this morning.

They said the new stuff is coming out in April or May, my policy is up for renewal in June and will show the new points system & rates then.

My step was at 14 when they made my policy last year, which was a $52 credit on the policy. It dropped to 12 later on but they won't lower the rate until you renew the policy.

Since we are all talking about different policies in the interest of being clear I paid $933 last year.

Breakdown:

BI to others - 20k/person, 40k/accident - $86

PIP - $8000/person - $16

BI caused by uninsured auto - $20k/person, 40k/accident - $15 (This is the minumum legal coverage)

Damage to others property - $100k/accident

Optional BI to others - $50k/person, 100k/accident - $57

Collision - $1000 deductible - $546!

Comprehensive - $500 deductible - $169


The collision is the killer but otherwise I'm carry higher then the minimum on a lot of stuff.

I'm going to seriously talk to the agent about dropping the collision when I renew the policy as I won't have the loan.

If the bike is worth $5000-6000 I'm not sure that $546 is worth it for collision in an accident that is my fault.

ISTR a discussion when I took out the policy, having a $500 deductible on collision was going to raise the collision a lot more, like maybe to $1000/yr.

[Kham]

is PIP optional?

a lawyer told me before a PIP for motorcycle is expensive and they wouldn't sell it to you.

man i feel like im getting ripped-off left and right.

[benVFR]

Well based on my policy it's all gravy except collision.

If I drop Collision I'm probably going to be paying like $400.

I'm still not sure if I'm going to do that but obviously nothing else is expensive.

PIP is listed as compulsory on the policy but it doesn't say what the minimum is... but $16/yr makes it a "who cares" thing.

[Kham]

Originally posted by benVFR

They said the new stuff is coming out in April or May, my policy is up for renewal in June and will show the new points system & rates then.

the new stuff is in effect as of now.

btw- i lost my motocycle training certificate as soon as i got it. how or where can i get a new copy?

[benVFR]

That was just commerce dragging it's ass, they haven't converted to the new stuff.

Or at least that's what she said.. the main guy wasn't there this morning.

[Kham]

Originally posted by benVFR
That was just commerce dragging it's ass, they haven't converted to the new stuff.

Or at least that's what she said.. the main guy wasn't there this morning.

the first agency i talked to this morning is associated with Commerce and they'v been charging me over $1200. what a fuckin ripped off.