And i thought your insurance rates go DOWN when you turn 25?

[Corey]

Man, I hate to say it, but that's not bad. You've got a lot of things that go against you. One, you're insuring your first bike. Two, it's a Hayabusa. And three, you really haven't been riding all that long in the eyes of insurance. Also, you're in South Florida, so the potential riding season is far greater, meaning you have the possibility of being on the road more, meaning you're exposing yourself to greater potential of getting in an accident.

Really, 25 is a nice milestone that would cut a nice chunk off of your premiums. If you don't believe it, run that same quote with your age listed at 24 or 23 to see where you're getting a cut, but that's about the only thing you have going in your favor. If you want to increase your discount, see if you would save more money by moving your auto policy to the same company for a possible multivehicle/multi policy discount. That'll help a little, but it's still not gonna be much. The biggest ding against your right now is that Hayabusa. It's a high horsepower sportbike that probably generates an obsene amount of collision and theft claims. The insurance companies are going to rate the bike according to the assumed risk that it creates and how much losses they take annually on that make and model.

Your best bet is to try and get every discount you qualify for. The things that knock off chunks of change are multiple vehicles or policies with the same company, marriage, homeownership, and having kids. Things that offer a smaller discount are having the MSF Course, being an AMA member, and certain other memberships, depending on the insurance company. Will the discount offered by being an AMA member offset the yearly membership fee? Dunno that one, but it's something to check out. Otherwise, that's just the breaks, and you're probably not going to see a substantial discount on that bike for years, or unless you move or get married or buy a house.


Edited to add: After a year of continuous coverage with a motorcycle policy, you should also see a bit of a drop in your premium. You may also qualify for other companies who won't take someone without continuous coverage.