Does car insurance increase if you add a motorcycle endorsement to your license? - Sportbikes.net
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post #1 of 13 (permalink) Old 07-05-2011, 12:17 AM Thread Starter
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Does car insurance increase if you add a motorcycle endorsement to your license?

I successfully completed my MSF course and now I plan on getting a new license to show my motorcycle endorsement. I don't own a bike right now, but I do own a car and pay insurance. Will adding a endorsement to my license in any way effect my insurance rate? My dad thinks that the insurance will go up. He doesn't want me riding a motorcycle, but I have to disagree to both.
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post #2 of 13 (permalink) Old 07-05-2011, 12:19 AM
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no. if anything you should get a discount.

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post #3 of 13 (permalink) Old 07-05-2011, 12:29 AM
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Your dad has an ulterior motive in telling you that. He doesn't want you riding, so he tells you that it will cost you more on your car insurance in the hopes that this will sway you away from riding.


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post #4 of 13 (permalink) Old 07-05-2011, 12:36 AM Thread Starter
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Quote:
Originally Posted by binx_19 View Post
no. if anything you should get a discount.
How? Now that i understand about motorcyclists on the road?

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Your dad has an ulterior motive in telling you that. He doesn't want you riding, so he tells you that it will cost you more on your car insurance in the hopes that this will sway you away from riding.
It was b/c my younger brother got his license and insurance increased and maybe to put negativiity to riding.
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post #5 of 13 (permalink) Old 07-05-2011, 08:16 AM
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I've never heard of car insurance going up because you get a motorcycle and insure it.

Some places will give you a multi-car discount. I say, some, because mine doesn't. They refuse to count motorcycles.
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post #6 of 13 (permalink) Old 07-05-2011, 08:28 AM
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Like was said- if anything it should go down because you've had additional training. They can't raise your rates because you got an endorsement. That's silly. They might be able to do something once you get a bike and insure it.... but only if you insure it through them. And even then, it'll most likely discount your car insurance at least a bit.

Motorcycle insurance is normally a HUGE scam, though. You need to find a company that offers reasonable rates.... it takes some work, but it's worth it.

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post #7 of 13 (permalink) Old 07-05-2011, 01:58 PM
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Your rates should not change at all for simply adding an endorsement. You're not adding any vehicles at this time, and essentially all you have done is added training, and passed a test showing competency in another area of driving. This should look GOOD to an insurer, not bad. If anything you are a lower risk to them because of your extra training. When you actually add a bike to that policy things will change, but that has nothing to do with the endorsement.

FYI, my bike insurance went down after having my M1 for a year. Had I gotten my license and done nothing with it for a year I would have started out at the lower rate, so basically the earlier you get your M1 the better off your future rates will be, even if you're not actually riding anything right now. A friend of mine just recently started riding her own bike, but had gotten her M1 about 6 years ago because she planned on starting and never did. Her insurance now is based on 6 years of riding experience, even though she actually has almost none.

Truly though the answer to basically every insurance question is the same. Call your insurer and ask. They cant change your rates for asking about a potential change in status, but they can tell you how it will effect your rates. Everything posted here are assumptions and personal experiences, which mean very little to you and your situation.
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post #8 of 13 (permalink) Old 07-05-2011, 06:32 PM
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Quote:
Originally Posted by godrilla View Post
i successfully completed my msf course and now i plan on getting a new license to show my motorcycle endorsement. I don't own a bike right now, but i do own a car and pay insurance. Will adding a endorsement to my license in any way effect my insurance rate? My dad thinks that the insurance will go up. He doesn't want me riding a motorcycle, but i have to disagree to both.
no
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post #9 of 13 (permalink) Old 07-05-2011, 07:27 PM
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FYI, my bike insurance went down after having my M1 for a year. Had I gotten my license and done nothing with it for a year I would have started out at the lower rate,
just out of curiosity did you turn 25 in that 1 year? when you turn 25 your rates drop.

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post #10 of 13 (permalink) Old 07-06-2011, 02:59 AM
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No, I turned 23. They dropped again when I turned 25, and hopefully will again next year when I hit 30. One of the things Geico asks when you get a bike insurance quote is "have you had a motorcycle license for at least a year?" I hadn't, and probably got quoted more because of it, but after that year my rate was cheaper.
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post #11 of 13 (permalink) Old 07-06-2011, 08:06 AM
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Quote:
Originally Posted by stnkbg1 View Post
One of the things Geico asks when you get a bike insurance quote is "have you had a motorcycle license for at least a year?" I hadn't, and probably got quoted more because of it, but after that year my rate was cheaper.
I should check with them again. I rode for quite a few years just on a permit, and I remember being quoted an absurd amount from Geico, something upwards of $2800 a year. Yea, right. I've insured my cars with them for around 15 years and have a spotless driving record, so it seemed insane that they'd quote me that much for a single bike.
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post #12 of 13 (permalink) Old 07-06-2011, 10:31 AM
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was that for full coverage or just liability? I called around a lot and got some retarded numbers for full coverage, like $5000 a year from progressive for a bike I paid $5500 for. Geico was pretty high for full coverage as well, but for the liability and comprehensive that I really needed they were by far the cheapest I could find. All insurers seem to vary wildly with location, bike choice, and rider stats though.
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post #13 of 13 (permalink) Old 07-06-2011, 10:56 AM
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Originally Posted by stnkbg1 View Post
was that for full coverage or just liability? I called around a lot and got some retarded numbers for full coverage, like $5000 a year from progressive for a bike I paid $5500 for. Geico was pretty high for full coverage as well, but for the liability and comprehensive that I really needed they were by far the cheapest I could find. All insurers seem to vary wildly with location, bike choice, and rider stats though.
It was a while ago, but I'm pretty sure that was just liability. I paid cash for the Busa, and I've never had collision on it. I remember commenting to the Geico agent that it seemed clear they just didn't want to insure sport bikes. I think progressive was $800 a year at first, now it's down to about $200 for liability+comp on the Busa and full coverage on the Triple. Getting married and having kids is good for something I guess
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