How Much Are Insurance Rates for a Honda Grom?

Motorcycles
1

I’m thinking about getting a Honda Grom and one of the things that’s been on my mind is the insurance cost. I’ve seen all sorts of prices online, but I’m really looking for some real-world numbers from people who actually own a Grom.

Here’s What I’m Curious About:

  • Actual Premiums: What are you all paying for insurance on your Groms?
  • Insurance Companies: Which insurers have you found to be the best (or worst) for motorcycle insurance?
  • Coverage Options: What coverage types do you have, and do you feel they are worth it for the price?
  • Personal Experiences: Any tips or tricks for saving on insurance premiums?

I know that rates can vary quite a bit based on factors like location, age, and riding experience, but I’d really appreciate any feedback or insight you can share. Let’s help each other out! Thanks in advance!

2

Insurance rates for a Honda Grom can really vary. Factors include your age, location, and how long you’ve been riding. Generally, younger riders might face higher premiums due to inexperience.

3

Absolutely! I’ve noticed that in urban areas, insurance can be significantly higher compared to rural areas due to theft rates and traffic density.

4

Driving history matters too! If you’ve had accidents or violations, they can definitely hike up your insurance cost. Staying accident-free can really help keep rates lower.

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5

Exactly! My sister had a few speeding tickets, and her Grom insurance ended up being quite pricey. Avoid those tickets!

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6

Don’t forget about coverage options! Full coverage usually costs more than just liability. I went with liability since I’m on a budget, but I might upgrade later as I get more experienced.

7

That’s a great point! I think some riders overlook the importance of their coverage level. In some cases, more coverage provides peace of mind.

8

I think it varies by provider too. I shopped around and found a fantastic rate with a local company that really understands motorcycle riders!

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9

How old is your Grom? Sometimes, newer models can have higher premiums because of replacement costs and parts availability. My 2019 model is a bit more expensive to insure.

10

Rider age is definitely a big factor. A new rider might pay close to double what an older, experienced rider would pay for the same bike!

11

Wow, I didn’t think it would be that much! Good thing I’m over 30 now! Haha.

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12

Yeah, it’s a bit of a double-edged sword. Older riders often have more experience, but they might also have more responsibilities, which comes with its own stress.

13

You could also consider taking a motorcycle safety course. Some insurers even offer discounts for that, and it’s a good way to reduce your chances of an accident!

14

I want to look into that! I believe investing in safety is always worth it. Plus, who doesn’t want a discount? It’s like a win-win!

15

Ultimately, it’s crucial to do your research. There are so many factors at play that any advice is just a starting point.

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16

I recently got quotes for my Grom and found that Geico had the best rates for me. Just make sure to include all your discounts!

17

That’s great to know! I was considering Geico too. How much were you quoted if you don’t mind sharing?

18

I checked a few insurers, and Progressive was surprisingly competitive as well. It really pays to shop around!

19

Progressive gave me a quote much higher than Geico, but my record is a bit spotty. Anyone else got different experiences?

20

Was there a specific discount that worked for you with Progressive?

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