Erdoc48
Site Supporter
- Joined
- Jan 25, 2009
- Messages
- 1,436
- Age
- 59
- Location
- Myrtle Beach, SC/ Sometimes Colorado
- Bike
- 94/00/04 STs, FSC600
I have a 2000 and 1994 ST (ABS on the 94), so the oldest one is now 23 years old and the newest one is now 17.
Here's the question: Full coverage at $563 (with $500 deductible) or liability only coverage at $392? The way I'm looking at it is that my insurance carrier (Progressive) will give me what the bike is worth (assume ~ $3000-3500 per bike), or total it if in a collision or low side/ high side with substantial damage (and reduce the above figures by $500 for the deductible)- what are some opinions?
It's a difference of $171, but I wonder if it's worth keeping full coverage on 2 older bikes.
Thanks!
Here's the question: Full coverage at $563 (with $500 deductible) or liability only coverage at $392? The way I'm looking at it is that my insurance carrier (Progressive) will give me what the bike is worth (assume ~ $3000-3500 per bike), or total it if in a collision or low side/ high side with substantial damage (and reduce the above figures by $500 for the deductible)- what are some opinions?
It's a difference of $171, but I wonder if it's worth keeping full coverage on 2 older bikes.
Thanks!