An unforeseen perk of going back to school... - Page 2 - Yamaha R3 Forum
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post #11 of 14 Old 10-29-2018, 05:32 PM
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Originally Posted by bweezy View Post
Where in CA is the R3 insurance same as a 600? I got a quote for an R6 and it was much more than getting my R3 insured.
Declared purchase price effects insurance rates. A 600 in the same price range as an R3 would be similar in price for insurance per discussion above.
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post #12 of 14 Old 10-29-2018, 08:38 PM
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Garage
I never had to say how much I paid for it so not sure if thatís applicable. Nor did have to do it when I first got the bike. Only the Ccís and is it a super sport or not.


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post #13 of 14 Old 01-14-2019, 01:31 PM Thread Starter
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Always nice to see parking services take care of the bike section...oh wait.
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post #14 of 14 Old 01-21-2019, 02:26 PM
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My insurance company didn't even ask the purchase price, just if there was a lien on it. My rate was based almost entirely on riding experience and the bike itself. Quoted an R6 at the same time and it was $250/mo vs $50/mo. My assumption is that they don't really care much how much the bike costs because in a motorcycle wreck, the thing that is gonna cost them the most is injuries to the rider. Faster bike/less experience means they're likely going to have to pay out substantially more in case of a mishap.

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Declared purchase price effects insurance rates. A 600 in the same price range as an R3 would be similar in price for insurance per discussion above.
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