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Discussion Starter · #1 ·
Progressive studies more than 2 million motorcycles; Finds which bikes are most and least likely to be stolen, crashed

MAYFIELD VILLAGE, Ohio (June 20, 2005) – A recent study of claims data on more than two million motorcycles insured over the past three years by The Progressive Group of Insurance Companies, the country’s largest motorcycle insurer, uncovers the makes and models of bikes most and least likely to be stolen or crashed.

Motorcycle Thefts:

Most Likely to be Stolen
Least Likely to be Stolen

1. Suzuki GSX-R Series
1. Suzuki Savage

2. Yamaha YZF Series
2. BMW R1200C

3. Honda CBR Series
3. Honda Rebel Series

4. Suzuki Hayabusa
4. Honda Shadow Series

5. Kawasaki Ninja Series
5. Yamaha V-Star


Motorcycle Crashes:

Most Likely to be Crashed
Least Likely to be Crashed

1. Suzuki GSX-R Series
1. Yamaha Virago Series

2. Kawasaki Ninja Series
2. Honda Rebel Series

3. Suzuki TLR
3. Suzuki Savage

4. Yamaha YZF Series
4. Harley-Davidson FXR

5. Honda CBR Series
5. BMW R1200C


So what does this mean for bikers?

If you choose a motorcycle that’s involved in more crashes or is stolen more often you’ll most likely pay more for insurance.

“Insurance rates are based on a lot of information about you and your driving record as well as the make and model bike you ride,” said Rick Stern, motorcycle product manager, Progressive. “If you buy a bike that’s stolen often, you may pay more for comprehensive coverage, and if you buy a bike that is involved in more crashes then you may pay more for collision. We want bikers to be aware of what drives rates so they can make better, more informed insurance decisions.”

The Progressive Group of Insurance Companies, in business since 1937, ranks third in the nation for auto insurance based on premiums written and provides drivers and riders with competitive rates and 24/7, in-person and online service. The Drive Group of Progressive Insurance Companies offers insurance through more than 30,000 independent insurance agencies that market their products and services through the Drive Insurance from Progressive brand. To find an agent/broker, go to driveinsurance.com. The Common Shares of the Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:pGR. More information can be found at progressive.com.

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Discussion Starter · #2 ·
Re: a recent study (Utopia)

My CBR ranked #3 in most likely to be stolen, but #5 in most likely to be crashed?
 
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Discussion Starter · #4 ·
Re: (cutter)

Yeah, but did you see #3, MLTBW. The TLR- strange(to me at least) as there are not many of these bikes around, not like the cbr's or gixxers.
 
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Discussion Starter · #6 ·
Re: a recent study (Utopia)

i thought it was common knowledge that crash rates and theft rates affected premiums?otherwise,insurance would be the same for similar value bikes.
as for the TLR being one of the most crashed-i know,experienced it first hand.newbie who used to have a 600 gets a TLR.thinks he can just wack the throttle open mid corner.once the pace gets up pretty fast,he tried this and does one of the most stupendous(is that a word?)highsides i've ever seen...right in front of me.

Chris
 
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Discussion Starter · #7 ·
Re: (MNwilly)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by MNwilly »</TD></TR><TR><TD CLASS="quote">I wish somebody would steal my CBR.</TD></TR></TABLE>

I can arrange that
 
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Discussion Starter · #8 ·
Re: (Utopia)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Utopia »</TD></TR><TR><TD CLASS="quote">

I can arrange that
</TD></TR></TABLE>

Sssshhhhhhhhh!!!!!!
 
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Discussion Starter · #9 ·
Re: (waterboy420)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by waterboy420 »</TD></TR><TR><TD CLASS="quote">

Sssshhhhhhhhh!!!!!!
</TD></TR></TABLE>

MNWilly- if you want it back go to Mankato. I'll IM you the address! Look for a Mazda Millenia parked in the driveway
 
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Discussion Starter · #12 ·
Re: a recent study (Utopia)

I think rc51's are harder to steal because it would be incredibly hard to steal a bike with the rider sitting on top of it.
 
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Discussion Starter · #13 ·
Re: a recent study (pitbull)

Hmmmm.....interesting. And about the TLR, apparently, there are some handling issues with the Shock set-up and highsides with newbies was known to be common.

As for our beloved RC, I think it just happens to be flying under the radar at the moment. Make no mistake, the bike is in demand... and seems to get more and more popular. I know of two people who had their RC's jacked either from the Garage or one - while the owner was in the house. Keep your bikes safe.
 
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