I've a good friend who is the GM of a large, multi-marque bike dealership in Omaha (PSP for those familiar).
Well, it seems the country's insurance underwriters are keenly aware of Kawasaki's new motorcycle.
My buddy signs every single
deal at the shop. A few days ago he had a 42-year-old professional prospect with very solid income. He made a cash deal on a ZX-10, but it fell apart when the guy called around for insurance.
For a decent policy with acceptable coverages and reasonably low deductibles, he would have been paying $1,200 a year for full coverage. A hundred bucks a month and he's got a clean driving record!
My pal was incredulous. The guy currently rides a 954 and pays around $200 a year for full coverage (about what I paid on my 954 as a 37 year old w/ a clean driving history, just for comparison).
Thus, sale lost. He wasn't about to pay a hundred bucks a month to ride a new 10R.
As impressionable youngsters who happen to land good jobs out of college continue to start with literbikes instead of 600s like they did in my generation, I suspect premiums will continue to swell for even we "mature" riders (as well as for young
guys who aren't squids).
I hate subsidizing other riders' because of their own inexperience and stupidity.