My insurance was 700 a year and have had full coverage since I bought it in 2000. Not one claim by me but my family members is what screwed me into dropping or being dropped. I don't plan on selling bike but instead ride it till she locks up or blows up. I bought the bike with 19000 miles on it and ride 375 miles a week to work rain or shine. I refuse to give up on a ride due to water intrusion that was entirely not my fault. Had I drove it into a lake or something that would be a different story. I have AAA platinum coverage so I'm covered in that respect and I won't ever be taking this bike on any trip more than 100 miles one way. If after all this and carbs will need to be rebuilt that isn't bad seeing how I have never touched them in the 215000 miles on her.