Insurance

[ConqSoft]

Anyone have their dirt bikes insured against fire/theft? I was quoted a total of $150/year to cover both bikes.

[Pete]

Would your homeowner's policy not cover them, if you had enough coverage on contents?

[ND4SPD]

A friend of mine has his 4-wheelers insured. They cover it if it's wrecked too. Better than tossing $4-$5k out the window if you let it go down a raveen or sumpin'

$150/yr for both is incredibly cheap. I'd say do it

[ConqSoft]

Originally Posted by Pete

Would your homeowner's policy not cover them, if you had enough coverage on contents?

Nope. They said it wouldn't.


ND, That's for theft/fire only. If I wanted collision, it would be about $500/year total.

[ND4SPD]

Originally Posted by ConqSoft

Nope. They said it wouldn't.


ND, That's for theft/fire only. If I wanted collision, it would be about $500/year total.

Makes sense, either way, that's still cheap.

You woould really have to check with your insurance company to see what exceptions they have in your coverage. Some compaines will cover it though all under 1 policy for home and auto/bike.

Originally Posted by ConqSoft

Anyone have their dirt bikes insured against fire/theft? I was quoted a total of $150/year to cover both bikes.

You definitely need insurance on dirt bikes. I got mine added to my auto insurance. Premium: $150/yr. Multiple vehicle discount: $200. They actually sent me a check for $50 when I added my dirt bike.

$150 a year is about what I pay for my XR Conq. I have Foremost insurance. I too thought I was covered under my home policy but after speaking with my Farmers agent, found out that I had to get an off-road specific policy. I personally don't feel the need to have collision as I don't ride the street with it but maybe 1% of the time. My blade gets the other 99%!

[luvtolean]

Originally Posted by Pete

Would your homeowner's policy not cover them, if you had enough coverage on contents?

I recently changed all of my insurance to State Farm, and he basically said homeowner's (renter's ins in my case) covers everything without a motor.

Full coverage for my bike for the year was $250 or something. Planning to add it soon. He also said once a year I can turn off the comp/collision for a certain period and it will only cover fire and theft at home. That is something like $10/mo.

Originally Posted by ConqSoft

Anyone have their dirt bikes insured against fire/theft? I was quoted a total of $150/year to cover both bikes.

I have my XR600 fully insured for fire, theft, collision and liability. It was a trivial amount of money for the extra coverage and if I bent the thing in 1/2 around a tree I'd get another one!

Definitely sounds like "cheap insurance" Conq - go for it!