Bike insurance

[muskrat]

I just got a quote from http://www.strictlycycles.com at 972-540-1900, his name is Wayne.

It's half the price of what I'm paying for all three bikes at $632 with Dairyland.  Thought  I'd pass it along.

[fastwin]

Dax,

How'd you find this guy and who is the underwriter on the policy? Is it also full coverage? As theft, un-insured motorist, collision and liablity.

Thanks for posting.

[system error]

I called and the guy gave me a great quote but it was without un and underinsured coverage.  He said to just use my major medical insurance instead.... still not sure.  When I added my exact coverage that I have now it was more expensive.   

[muskrat]

It's Dairyland and I don need medical as I'm covered through work as long as I'm wearing a helmet which I always do and yes all the coverages mentioned

[greenohawk69]

It's Dairyland and I don need medical as I'm covered through work as long as I'm wearing a helmet which I always do and yes all the coverages mentioned

If I am reading your response correctly, your insurance company requires you to wear a helmet to be covered?  Or is it your place of employment? 

[muskrat]

I'm not required to by our Health providor BUT they can deny a claim.........so it says but I know the AMA has filed a discrimination lawsuit to that end. 

[calscrazy]

That is true dax. Aetna denied a claim a few months back for that reason. The state that it happened in had a helmet law and that was what gave them the edge!

[muskrat]

Just read the policy and it doesn't cover uninsured so I'll check back tomorrow n report findings

[TresGatos]

Hmmm.  Insurance is so fing complicated!  I chose Geico for all my coverage for multi discount, but I still pay for all the stupid commercials
At least they paid 4K for my ten year old stolen DR650. 

[muskrat]

update........$563 full coverage for all three bikes per year.  I'm not carrying uninsured because I have major medical and comprehensive covers property damage and bike replacement for some asshole without insurance.

[system error]

Never hurts to review the policies.  I checked and saw that I had more un and underinsured coverage on the bikes than I did on the car  .  So, after calling to make that adjustment I ended up saving $444 a year which I then turned around and used to help fund an umbrella policy for 1.5MM which cost $150 a year.  They made me increase my renters coverage to 300k for an extra $9 a year and my auto liability to 500k for an extra $60/yr so net net I have WAY more coverage and still ended up saving over $200 a year.  Works for me.   

[muskrat]

I kept my umbrella policy with state Farm forthe same coverage