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Discussion Starter #1
Yup, Allstate has officially blacklisted sportbikes!

Looks like all the posts on the various forums about Allstate (& other companies) tripling or quadrupling rates on riders that hadn't done anything to deserve it (older, married, good record, no tickets or accidents) were just the beginning of things to come.

Due to a new memo they are 100% refusing to write new policies on all major sportbikes & some cruisers as well, even if you already have prior coverage.

Any insurance guys/gals on the board wanna talk about this?
 

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Discussion Starter #3 (Edited)
I am in the process of buying an 02 CBR1100XX & just today was told that it can no longer be insured by Allstate, I am good friends with my agent & I went down to the office & had a look at the memo myself... The list is huge. I am assuming it is company wide, but don't have verification of that.

BTW I have had Allstate insurance for years, have an 02 Xterra, 02 F150, 00 RC51 & an 02 919 all insured with them & have a perfectly clean driving record, but they won't insure the new bike for me.

Looks like I might be holding off on a new bike purchase for a bit...
 

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Lord Duckhunter said:
I am in the process of buying an 02 CBR1100XX & just today was told that it can no longer be insured by Allstate, I am good friends with my agent & I went down to the office & had a look at the memo myself... The list is huge. I am assuming it is company wide, but don't have verification of that.

BTW I have had Allstate insurance for years, have an 02 Xterra, 02 F150, 00 RC51 & an 02 919 all insured with them & have a perfectly clean driving record, but they won't insure the new bike for me.

Looks like I might be holding off on a new bike purchase for a bit...
You should switch everything over to progressive and tell allstate to f off! :finger: I imagine they'd lose a big chunk of change from you.
 

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Discussion Starter #5
Been doing some research & found that the memo came from the regional office in Nashville that has jurisdiction over most of the South.
 

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State Farm is raising rates too

Lord Duckhunter said:
Looks like all the posts on the various forums about Allstate (& other companies) tripling or quadrupling rates on riders that hadn't done anything to deserve it (older, married, good record, no tickets or accidents) were just the beginning of things to come.
State Farm just raised my VFR premium by $14 a year. Looks like I'll have to get a second job...er, a job.;)
 

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Here we go again!

This ain't the first time a blacklist has been around. Average age in here being what it is, folks probably don't remember it 'round '87 or so. There was a Senator who was an IIHS lackey who was pushing to have a number of bikes blacklisted/outlawed.

Iff'n you want to help and try to nip this in the bud, mebbe it's time to consider joining the AMA? If it wasn't for their intervention, many of you would probably not be enjoying yur hobby today!

Just something to think about...
 

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This happened back in '89, I believe, in the Province of Ontario Canada & took some time to straighten out.
If I recall correctly there was only ONE insurance firm that would handle m/c insurance & then they put the halt on what they called "bullet-motorcycles".
 

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I really think something should be done about these blacklists and insane insurance rates. I consider myself a responsible rider, I have taken the MSF course and am on my second year riding a GS500. I am taking my time and learning how to ride properly before purchasing my first sportbike. I also wear full gear every time I ride. What allstate and the other insurance companies should realize is that it's the rider that is dangerous, not the bike! Instead of charging me $3500 per year for a new R6 (I have gotten quotes this high from several companies), stop insuring the dumbass newbies who buy brand new 600 supersports as first bikes and go stunting in t-shirts and shorts! It makes me so angry that f---ing squids make it impossible for me to afford insurance on my dream-bike ('01 R6) until I'm like, 25! Seriously, I think we should have a graduated system of liscencing like they have in europe. (i.e. get your 500cc endorsement, then your 600cc, etc.) Sorry for the rant. :rolleyes:
 

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State Farm - So far so good

OK, you guys wanna cry? I pay $300 a year for full coverage on the R1. Yeah I know, I can't believe it either... R1s are known for exploding when they hit the ground. When they got dropped at the track they just disintegrate!! Ssssssssssshhh!!! Don't tell those insurance guys - I think they think the R1 is a scooter :)
 

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Think it is a Scooter?

Be careful, it is only a contract. Insurance companies are notorious with voiding contracts that contain inaccurate model information.
 

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Re: Think it is a Scooter?

DIRTYCURTYD said:
Be careful, it is only a contract. Insurance companies are notorious with voiding contracts that contain inaccurate model information.
The scooter comment was a joke...

They know that it's pretty than any scooters :D
 

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We pay $240/year for each of two bikes w/full coverage. Ninja 500R and 98 F3 with State Farm. There is no way I would pay what some of you guys post for insurance quotes. Or could pay...

Shop around for insurance. When getting quotes, get one that includes switching ALL your policies over--bike, auto, home, etc to show you will give them all your business if they treat you right.
 

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I think this is a sign of the times. And as another poster above pointed out I think most of the blame goes to very young and inexperienced riders buying bikes that their ability cannot even conceive to handle...and add stunters that make claims to that list. I try to promote responsible riding as much as I can...but sometimes I get blue in the face and just say f' it!!! Does responsible riding = boring riding? I think you know the answer to that. If you don't, then you're probably the ones responsible for sportbikes being blacklisted more and more.

BTW, here are my insurance premiums:
'00 Hayabusa $380/year, full coverage (when I still had it recently)
'01 600 Katana $180/year, full coverage (wife's bike)
'02 VFR $330/year, full coverage (current bike)
 

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Re: State Farm - So far so good

chris_y2k_r1 said:
...I think they think the R1 is a scooter :)
The way you ride, it may as well be one.:p ;)

I pay 219 per year for full coverage on the GSX-R with State Farm. But that's with everything else insured with them as well.
 
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