Grom insurance?
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was quoted $300 a year full coverage by AAA
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Comparatively speaking I have found the Grom is actually expensive to insure.. My 2007 Hayabusa was $650 a year for full coverage vs a quote on the Grom from same company same coverage was $270.. When u think the busa was 4x the cost, 1174cc more bike and one of the highest risk bikes the grom is pricey
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That's scary I insure a 12 multistrada, 09 hypermotard, 08 fjr1300, 2 07 crf230ls, 07 te610, 05 cbr1000, 97 nighthawk 750 and 96 xr400 all with full coverage $100 deductible for less than $2200 multiple tickets but 40 years exp.
Roy
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254 Posts
Kyle's post is a bit scary. I never bothered to ask my agent what the change in insurance was for adding the Grom. I'll add that to my list of things to do tomorrow... hopefully it's low. All of my other bikes are dirt cheap to insure.
That's crazy expensive. That's close to what I pay for 3 bikes! Progressive baby!
Yeah well apparently my age + experience means I'm going to total the bike every year
I'm told it should drop by about 25% by upon renewal, otherwise I wouldn't keep paying for it.. It's absurd, hell the ticket I could get for being uninsured costs less than I pay in insurance each year. And I've never been pulled over before, makes me wonder..
Too bad you're apparently not allowed to insure for just half the year in Ontario.. I hardly ride it in winter months anyways..
Insurance in Ontario is very high in general though, apparently due to no fault laws.. You can have an accident that in the end is deemed nobodies fault so both drivers get off with a clean record and it all comes out of the insurance companies pockets, causing astronomically high insurance rates.. at least that's what I was told the reason was.
Yikes, I think I pay about $150 a year on my SV650(WI, no tickets, marginal coverage). Not a wicked fast bike, but certainly a rocket compared to the Grom, no offense.
Do we think that its small stature has anything to do with the high prices? It's probable less people would see you on it versus a Goldwing or 'busa.
Do we think that its small stature has anything to do with the high prices? It's probable less people would see you on it versus a Goldwing or 'busa.
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Wow that's a good rate I Just called progressive and they were almost $400 full coverage. I have no tickets, no accidents, have taken a training course and have 14 years ON ROAD experience. Insurance is going to vary state to state & country to country but I wouldn't think that much, is what it is though. As to Kyle response of "that means nothing to me" you asked a general question with minimal information and I gave you an answer if you didn't like it a simple "hey thanks" would have sufficed not that crappy response. By the way this is the only bike in my garage at the time, had to sell the rest but last year my 08' klr650 was $390 by AAA
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Hopefully the insurance is affordable. Otherwise, it will put a damper on the economically friendly traits of ownership.
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It's a new bike to the system. It will take several years for the price to settle in. Some will insure it cheap based on CCs and others will error on the high side to cover their ass' until the repair/replace numbers start coming in. Based solely one MSRP and CC size is SHOULD be very cheap to insure. Especially in states where winter prohibits much use.
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The brave continue to ride all winter. I'm eager to see how well this performs in the snow. My KTM was all over the place because of wide tires and low weight. I'm expecting the Grom to be even worse.... still gotta try it though!
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Upper 20s, married, good credit. My KTM 625 SMC was $9 a month but my Grom is $13. It looks like the quote was messed up though as it shows my engine size at 625 still. I'm having them fix that and see if it drops any. Either way though my SV650 a couple years ago was $50 a month and my Concours14 is currently at $25-30 (I pay extra for bike mod coverage since I have a lot of expensive upgrades on it).
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