Insurance Groups

[Renton]

Would you expect to pay a higher insurance premium on a R6 than a SV650? The R6 is only 2 years older, I have no idea if that has any contribution.

Suzuki SV650S 2002

Yamaha YZF-R6 2000
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This is my motorcycle. There are many others like it, but this one is mine.
Without me, my motorcycle is useless. Without my motorcycle, I am useless.

[Benson_JV]

Quite a lot more I'd expect.
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Willson - "If you go out on that CBR600 in the winter, you're going to do more miles on your side than on your wheels."
Riding: CBR600FW Driving: Audi A6
Previous Bikes: '96 Bandit 600, '96 GPz305

[edeaton]

Id say the R6 would be at least 2 groups higher, its statistically higher risk???

The SV is very cheap for me to insure, possibly becuase it is thought of as more sports tourer rather than supersports for the R6.
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Current: 1997 Triumph Daytona T595 (new engine)
Past: 1989 Honda VFR400 NC30 & 2001 Honda CG125

[MonkeyKnuckle]

It's more 'likely to be stolen' plus the fact it's a sports bike will make it quite a bit more expensive.


My CBR600RR cost about £400 to insure, a Z1000 of similar age costs about £250.
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MKGaming.com
2000 Honda CBR600F - Sold! 2003 Honda CBR600RR - Current!

[Renton]

I had looked at the insurance group ratings given by MCN, but to be honest, I don't trust them.
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This is my motorcycle. There are many others like it, but this one is mine.
Without me, my motorcycle is useless. Without my motorcycle, I am useless.

[Maruchino]

Someone will be along shortly to confirm whether or not this is BS.. anyway I believe the insurance "groups" were an old Norwich Union thing that in the modern world do not give an accurate reflection of what you would pay now that the insurance companies have found new and interesting ways to make you more "at risk on your shiny shiny" than ever before.

[The Tot]

R6 is group 15 AFAIK. The SV is group 9/10 depending if you have the naked or faired.

Insurance takes into account MANY variables and it's a bit of a scam.

Your postcode also has its own insurance group, I think from A-H? Have a search of it on here. It's been posted numerous times. This has everything to do with statistics - accident tallies and theft stats! Inner city areas tend to be the worst. A being the best - so it's usually some place rural and quiet.. H would be some place like Hackney or any town in Norf Weezy. Big cities fall into the D-H band. Somebody correct me on this.

Chances are, to even get a temptingly cheap quote, you'd need the following.

1) A garage - it sometimes drops 25% on premiums, especially sports bikes
2) Thatcham approved alarm / immobiliser - because it acts as a deterrent, both to thieves and to an unassuming rider stuck at the petrol station! It's a scam! It realistically only lops 5%-10% off your premium. Not much point declaring a plethora of security devices since insurers ALWAYS go by the highest rated device. So if you have a disk lock and alarm, it doesn't make it cheaper than if you only had an alarm
3) No accidents or claims - That put a stinger to my premium.
4) Age ... no need to ask why!

So, if you're a a young city-dwelling rider without a garage, good luck getting insurance.

That said, it's all about shopping around! Last year, I managed to insure my fireblade in London with business usage, NO garage, no alarm, 1 claim and 3 points, 3 years NCB, riding other bikes... for £440 TPFT with protected no claims.

This year, I've moved to cheltenham. Job's the same, 1 year extra on no claims and most places were quoting me 500! I went for TPFT for £320 without business insurance.

It's swings and roundabouts. But long and short... YES you will pay higher premiums.

But a load of the guys here seem to get R6 insurance for around about 400-600 quid and they're all still young. It's all circumstantial
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[Renton]

I know the variables involved in the insurance process. I just wasn't sure how much more high risk a R6 is considered compared to a SV650.
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This is my motorcycle. There are many others like it, but this one is mine.
Without me, my motorcycle is useless. Without my motorcycle, I am useless.

[woodyfjr]

Just double your SV premium and if its less it will be a result.

Even though I'm a Yam fan why are you after an R6 it will be a bit of a buzz bomb compared to the SV650?
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If you don't pay your exorcist you can get repossessed.

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[Ol]

i'm 25, bikes garaged, 2 years no claims, no points, decent(ish area) - I pay £109 FC for a 99' SV650s - been looking at getting a GSXR600 Srad / ZX6R / thundercat etc, and insurance on most comes out about £190 / £200 for the same level of cover, if that helps.
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Previous: Cub50, NRG50, TS50, YB100, CB125, NSR125, ZZR600, CBF1000, SV650s, ZX6R B1H, XT250, Mito Powered Crosser, WRF450, , FZ600, VN800, GSXR600 - Currently CB1000R

[Acemastr]

Groups mean nothing, my CBR600FV 1997 was group 15, i was paying £400 insurance, moved to a CBR600RR, same group, £700.

Best to ring up and get some quotes, there's no other definitive way of calculating the difference.
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2017 KTM 350 XC-F - 2014 Yamaha R6 - 2005 Yamaha YZ125
2016 Toyota Tacoma Limited

[The Artist]

Isn't this what confused.com was made for?

[Renton]

[G]

The SV is a particularly underwhelming bike to my mind - while some bikes seem to be encouraging you to rev it a bit more; get on the brakes a bit later and harder - the SV seems to 'want' you to change up early and it's lacklustre stock suspension and brakes lack sparkle

However, for back-road road riding, not sure I'd want much more generally.

[Renton]

[kenny]

i went from my 2001 sv650s to a 2004 r6 only added about £50 more to insurance all depends on things like area, ncb, if its garaged, and if the insurance co have a blacklist for that type of bike
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KeNNy 100cc peugot speedfight 125cc Honda NSR125R 650cc suzuki SV650R 125cc suzuki GZ125 600cc yamaha YZF-R6

[woodyfjr]

[ms51ves3]

R6s are cheap to insure for me.

We're talking £800+ for the other Japanese 600 sports bikes, but only £350 for an R6.

Insurance is corrupt, best way to find out if one is cheaper than another is get lots of quotes.

[G]

[ws4936]

as mentioned, there are variables and not to be taken litteraly, but :
::Clicky:: Guide to insurance groups.
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If everything seems under control, you're just not going fast enough.

[kenny]

well i just got my quote for my gz125, sv650 and r6 all on 1 policy £314 so i cant see you having to pay out massive amounts more
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KeNNy 100cc peugot speedfight 125cc Honda NSR125R 650cc suzuki SV650R 125cc suzuki GZ125 600cc yamaha YZF-R6

[Renton]

[Polarbear]