personally, I think insurance companies are one of the scums of the earth. They don't hesitate to take your money every month, but when you need their assistance, they blow you off and look the other way.

MXBUBS's idea about saying your quad parts were stolen works for me. An easier solution is to just insure your quads under your auto policy, that way if you wreck while riding they're also covered.

my $.02

BTW, Allstate can blow me.

 

My insurance man told me he could insur any quad for around $100 a year.A good dog and a gun work good too.

 

How do you insure your quad under your auto policy? That may only be possible in your state. It's not possible in Illinois.

 

you don't ins your quad under a auto policy you put it on a motorcycle policy
that way its covered by wrecks,liability, ect ect ect... mine went by CC's
my 660 was 110 bucks a year full coverage.... cheap peice of mind. i only insured
mine so when i went on trips with it and it has to sit out all night i am covered

my 10 cents

01BLU660R

 

I think insurance is fraud sometimes!
I got a quote from some insurance company for my grizzly and it was 980.00 per year I'm 24 years old!
For my 97 Vmax 500 800.00!
I'm not sure what the name of the insurance company is off the top of my head but the specialize in atv's and snomobiles.
You figure if I'm paying 980.00 for insurance and finance the quad I would be paying as much for the insurance and I am for the machine.
When I first bought the snomobile I got a quote for like 1500.00 granted I was only 20 years old when I bought the sled but wtf, that payment would have been more then the sled.
I envy you people that are getting 100-200 dollar quotes but for some reason that isn't working for me, I keep getting bent over!
Prudential raised my car insurance because I hit a deer!
Does Progressive think I intentionally hit the deer? The F-ing thing jumped in front of me and the accident couldn't be avoided, but for some reason it's an at fault accident.
Insurance = BS
The sad thing is they got you by the sack, you can't live without it!

 

WELL i think you age is killing you, ins won't go down until you hit 25
then when you get married it will go down even more....

i pay
01 raptor-$110
95 vmax 1200-$210
97 f 150 4x4- $600
01 explorer - $650
all full coverage

still too much!!!!!!!!!!

 

Insurance rates are also based on a companies familiarity with the item being insured and the amount of people insuring that item. If you owned an appliance store in a small town of lets say 1000 families would you tell everyone in town that for $20 a year you will warrantee {insure} that their appliances will keep working or you'll come and fix it? Let's look at the odds.
Of those 1000 families only a small percentage will pay the money. Let's say half.
So you're making$10,000 a year. The chances that you will have to go work on somones refigerator and install parts on it are fairly high. So assuming your time is worth $25 per hour and you'll take at least 2 hours to work on the appliance plus another $25 in parts. That's $75. So take your $10,000 and divide it by $75 you'll see that if more than 133 people need stuff fixed {or you have to make more than 133 visits} you will be paying to work on their stuff. Plus no-one can run a business and live on $10,000 a year.
Sears on the other hand can spread that "risk" over hundreds of thousands of people. Making it profitable to offer "extended warrantees" or insurance against failure of that appliance.
Sears also has excellent information on how long a certain appliance lasts and so they can make very good calculations as to the probablity of paying out.
Since young people as a group {not saying anything about anyone here} tend to do really stupid things, they tend to damage more stuff and thus they are at a higher "risk" of costing the company more money. Thus higher rates. Some companies have better information about young people of a certain group {college educated, married, living in certain areas like low theft areas} that make them more willing to accept a higher "risk" of losing money to insure that kind of person. You wouldn't expect to get a good car rate from a company that only insures appliances because they just aren't in that business. They may insure you but they keep the rates high in case a loss occurrs.
I have State Farm insurance on my Banshee. My policy has a $250 deductible and is insured with full coverage just like my car. My rates are about $250 a year I'm 35, a homeowner, married, and have my house and 2 cars insured with them. Right after I got my Banshee, it got wrecked. They paid me over $5,000 for the damage. At the time I had only paid them $250 to insure my quad. After they paid, I could have gone to another company and State Farm would not have gotten another penny from me. If that was the case that means that 20 other people would have to pay their premiums for a year just to pay off MY quad. Obviously the risk of insuring my quad has to be spread over thousands of people in order to even make it worth while for the insurance company to want to insure it.
The best companies to insure your stuff with are the ones with the most money! They are the only ones in a position to give you the best rates and pay for the damage when it occurrs.

 

Nope, it doesnt...Insurance is the biggest scam going...for the last 5 years, BLUE CRAP BLUE SHIELD...has been the biggest privately owned money making company in the state of Louisiana....they profited more money every year for the past five years than any other privately owned company in this state.....now, about the cost of insuring quads.....if you guys read the fine print, I believe that most all companies will not pay over 1000$ the blue book value of a quad due to aftermarket parts.....an 88 250r blue book value might be 2000$....and thats what they will go by, say you got 10000$ in aftermarket parts....you will not get anymore than 3000$......so where does that leave us? It leaves us out of 7000$.....so you do like I suggested.....claim the parts separately....it is just a suggestion......

DILL.....I know where you are coming from.....ALLSTATE, YOU CAN BLOW ME!

 

Basically it's all in the policy. Don't assume that the insurer will pay just 'cause you gave 'em the money. The policy is a legally binding contract. If they don't live up to their end of the deal then sue them. The only way they can sue you is for fraud.