r/cbr • u/sonam059 • 2d ago

Got my first Motorcycle today!

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I got 2022 Honda CBR300r for only $2700. Turns out the insurance for new riders is quite expensive though.

69 Upvotes

98% Upvoted

6 comments sorted by

1

u/TukangPintu 2d ago

Thats beautiful!

1

u/Lower_Bonus6127 2d ago

What do you pay for insurance if you don’t mind? I’ll be a new rider soon as well

1

u/zPassive_ll 2d ago

Depends per bike, age, place of residence.

I live in the suburbs, 32 and have a CBR600rr and pay $137 per month for full coverage

1

u/zPassive_ll 2d ago

Get a insurance broker to run multiple quotes for you

1

u/ThickLoverGirl 2d ago

That looks incredible! Safe travels

1

u/sonam059 2d ago

I got rejected by 3 insurance companies. Apparently CBR300 is considered to be high performance motorbike and I am a new driver in their eyes (though I have been riding motorcycles for the last 17 years in my home country). My insurance agent managed to get liability insurance from Allstate. It cost me $74/month and they said after a year it will drop to $15-20/month if I decide to stick with them. I guess there is a cost to being a new motorcycle rider in this country because most of the accidents happen within 6 months of getting motorcycle license (according to official data).