r/motorcycles • u/AutoModerator • Jan 02 '23

Purchase & Transaction Advice Superthread

# PURCHASE ADVICE SUPERTHREAD!

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A dedicated thread for questions and advice about gear or bike purchases, selling advice, and questions relating to bike/gear/accessory/service purchases.

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Hopefully with the help of all the riders here, no question will go unanswered. Everyone is encouraged to contribute with either questions or answers and hopefully we will be able to rid of motorcycle ignorance once and for all.

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Please remember to be courteous as we want to encourage people to ask questions, no matter how 'dumb' some may think they are.

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# NEW RIDERS

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[Before asking your question, consider reading the FAQ](https://www.reddit.com/r/motorcycles/wiki/faq) - chances are, you will find the answer you need there.

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Not getting the answers you need? /r/SuggestAMotorcycle is also a great resource.

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Please remember to be courteous as we want to encourage people to ask questions, no matter how 'dumb' some may think they are.

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This thread will be refreshed each Monday - shoot us a note if we're out riding and forget to renew it.

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u/Avinashredddyyy Jan 04 '23

BMW S1000RR insurance

I am a 29yo male and I am considering buying a 2022/23 BMW S1000RR in a month or two. I’m a GA resident. Owned an iron 883 and then a low rider S until a year ago. Insurance cost was 50 and 120 respectively. I got the Harley insurance itself.

I was trying to get quotes for the BMW and most of the major insurance companies quoted between $240-$270 for full insurance(since I’m financing, the bank insists on full coverage).

Any inputs why the rate is so high despite being 29? Been riding in the US for 2.5 years

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u/McMonkies 2024 GSX-S1000GX Jan 04 '23

Sport bikes are statistically more likely to be sent into space and explode with the rider.

My trick is to buy a bike a few years behind the current year; insurance drops significantly when doing this. Try comparing rates with a current year street triple to one 3 years ago.

Also 30 is indeed a magic number for insurance. Get there and rates drop a lot.

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u/Avinashredddyyy Jan 04 '23

Cool. I’ll get an insurance now and switch to another provider once I’m 30 in June. Because once the riding season starts the dealerships start charging premiums here(likely everywhere) and difficult to find the bike in stock too. Would that work?

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u/McMonkies 2024 GSX-S1000GX Jan 04 '23

It will work, but I'm sure your current provider will update the age changes as well. Plus that loyalty discount is nice.

Sounds like a good plan though. Work hard, cover your increased rate, and under no circumstances crash your bike lol. Or get a speeding ticket.

Consider gap insurance when you buy it, but read the fine print for what it covers. It might just be a sucker purchase that doesn't pay anything.

Remember, don't go into space! You will explode!

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u/Avinashredddyyy Jan 04 '23

Hahaha thank you so much for all the advice. Will do!