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Monthly Archives: January 2014

Motorcycle Insurance Rates Steady – Thefts Lower

Motorcycle Insurance Post Date January 29th, 2014 – People who steal come in all shapes and sizes. Further, they have a preference on the things they steal. Thieves whom steal vehicles just don’t steal cars, trucks and SUV’s.  In fact, some are not only attracted to cars at all.  In fact, if it were not for motorcycle thieves, there would not be motorcycle Insurance and Motorcycle Insurance Rates. Those whom are motorcycle enthusiasts have all types of interests when it comes to the type of motorcycles they own and ride. These two-wheeled vehicles do not come cheap and losing them to thieves can be a big loss if you have not bought Motorcycle insurance.

Motorcycle Insurance Rates are very low in comparison to the risk of ownership

Although the National Insurance Crime Bureau (NICB) recently reported a decline on the rate of motorcycles stolen in 2013 compared to 2012, but still the risk remains the same. Further the rates on Motorcycle Insurance have also remained the same. The NCIB reports a total of motorcycle’s stolen across the United States declined over 5% last year.

Motorcycles attract thieves for their value. They can range from hundreds of dollars to 10’s of thousands. Some motorcycles even cost $50,000 or more. Either a thief would sell the stolen motorcycle as a whole unit, or the bike would be stripped for its parts and used to reconstruct another motorcycle. The reason Motorcycle Insurance Rates are not in decline even though thefts are down – is the ease of a motorcycle to steal. Still Motorcycle Insurance Rates are still very reasonable.

More Japanese brand motorcycles topped the NCIB list with the most number stolen. Honda had the most with over 11,000 reported stolen.  Yamaha had nearly 9000. Suzuki follows the pack with a little under 7300. Kawasaki came in 4th with 5,000 motorcycles stolen.  The last and the most surprising is Harley-Davidson came in fifth with a little over 3,000 bikes stolen.

As to the states with the most number of motorcycle thefts, California is at the top of the list with nearly 6000 bikes stolen while Texas is # 2 with 4000. In the United States, nearly five hundred thousand motorcycle were sold in 2013. Regardless how much you spend on your motorcycle, it’s important to purchase motorcycle insurance. If you have not purchased motorcycle insurance in the past, you will be surprised how inexpensive it truly is.

Connecticut Auto Insurance Rates Spawn Complaints

Post Date January 21, 2014 – In one case, just about $100,000  in fines were recovered by the Connecticut Insurance Department (CID) for the state’s insurance buying consumers.  Connecticut auto insurance rates have been the subject of many consumer auto insurance complaints in the third quarter of 2013. Connecticut Auto Insurance Rates and errors need… Continue Reading

Pennsylvania Homeowners Insurance Claims Game

Post Date  January 21, 2014 – After a major storm like Super Storm Sandy struck hundreds of homeowners across the Keystone State were left with Pennsylvania Homeowners Insurance Claims.  The one good thing is these  PA residence will not be paying hurricane deductibles on their Pennsylvania Homeowners Insurance Claims. Bad news is, Pennsylvania homeowners insurance… Continue Reading

Obamacare Health Insurance Penalties To Sky Rocket

Post Date January 19, 2014 – Obamacare Health Insurance analysts say 6 million Americans will face penalties in 2016 if they refuse to purchase Obamacare Health Insurance as President Barack Obama’s health care overhaul is being fixed. Obamacare Health Insurance Penalties are also unaffordable The number of scoff laws is estimated at almost 50 percent higher than the… Continue Reading

Ohio Car Insurance Has New Rules

Post Date January 16, 2014 – Does the new Ohio Car insurance buyers guide really help Ohio Car Insurance consumers with their decision buying an Ohio car insurance policy? Do any state insurance auto insurance guides help auto insurance consumers make a well-informed decision?  Although you may be skeptical, the answer for the majority of auto… Continue Reading

Business Auto Insurance Policy Covers Your Family

Post Date January 12, 2014 – Business Auto insurance Coverage is very different than Personal Auto Insurance. In the past, Business auto insurance would not cover and family members living in your household.  A recent court ruling states Underinsured Motorist coverage will be provided through a business auto insurance policy to cover a family member’s damages from… Continue Reading

Low Cost Car Insurance Rates For Hybrids

Post Date January 10, 2014 – With in excess of one million cars sold, Toyota Motor company is the number one (1) top-seller for hybrid electric motor car. Not only does the Toyota Prius hold the top spot for top selling car, it holds the top spot for low cost car insurance rates. Low Cost… Continue Reading

Proof Of Ohio Car Insurance Goes Electronic

Post Date January 8, 2014 – More and more states are now discussing  proposals that drivers can present their proof of auto insurance coverage electronically through their mobile phones, computers and even tablets. It appears the State of Ohio is no different.  Proof of Ohio car insurance in an electronic format is being considered as… Continue Reading