Yamaha R7 Insurance

The Yamaha YZF-R7 — better known as the R7 — is the company’s answer to dwindling sales and interest in the 600cc supersport market. The R7 represents a simpler, rider-focused approach to the middleweight sport bike segment, featuring a 72-bhp “CP2” parallel-twin engine, more street-oriented ergonomics, and plenty of style.

“Yamaha, recognizing the need for change, created the YZF-R7 as a budget-friendly new approach to the segment, targeting the less experienced rider without sacrificing the fun factor and hardcore image of the supersport glory days.” —Cycle World

But whenever budgets and supersports are mentioned in the same breath, insurance has to be a consideration. After all, it can be prohibitively expensive to insure a sport bike, and the R7’s siblings — including the R6 and almighty R1 — are notorious for their insurance premiums. Fortunately, we can help you know what to expect and find a policy that fits your needs and budget.

Yamaha R7 Insurance Rates

Since the R7 is still a relatively new model, real-world insurance rates are tough to come by. That said, we were able to track down a few quotes from real owners:

• Male, 28, NY, Geico: $208 / year
• Male, 28, CA, Geico: $1956 / year
• Male, NY, State Farm: $1000 / year

As you can see, rates vary widely — even for the same rider and coverage!

“Four insurance companies quoted me $420-485 a month (absolutely insane) but State Farm quoted me like $80-90 a month. I’m a bit surprised at the difference and the policies seems to have the same stuff.”

For this reason, it’s incredibly important to compare rates and policies from several insurers — or you could be stuck paying way too much.

Yamaha R7: History and Specs

The Yamaha YZF-R7 was introduced for the 2022 model year, featuring the same tubular steel frame and 689cc “CP2” parallel-twin engine from the much-lauded MT-07 — a bike that Cycle World confirms “is as good as everyone says it is.”

In many ways, the R7 is a reaction against a field of production race replicas that, while gaining ever more power and shaving ever more seconds from track times, have become increasingly complicated, uncomfortable, and expensive. As MCN says of the R7:

“It’s well built, handsome and comfortable, but best of all affordable: half the price of an R1, twice as fun on the road.“

The CP2 engine makes a respectable 72 bhp at 8750 rpm, along with a nice “growl and howl” thanks to the 270-degree crank. The bike’s 0-60 time has been clocked at a lightning quick 3.27 seconds — fast enough to beat nearly anything with four wheels you’re liable to encounter at the stoplight — and top speed is around 130 mph.

Coverage Recommendations: Yamaha YZF-R7

As you probably know, most US states require you to carry a minimum amount of liability coverage on your motorcycle — no matter the make, model, or year. While carrying the minimum coverage possible may be the cheapest way to go, it’s rarely the best option…or even possible.

If your R7 is financed, the lender will almost certainly require you to carry full coverage on the bike. That means collision, comprehensive, and possibly uninsured motorist coverage. Even if you buy your R7 outright off the showroom floor or the preowned market, it’s strongly encouraged for sport bike riders to carry the most coverage they can afford. Even a simple drop in a parking lot could cost thousands of dollars in damage to the fairings — and no one wants to ride a rashed bike.

Keeping Your Costs Down

We have a few recommendations to minimize your R7 insurance costs.

1. Motorcycle Safety Foundation (MSF) Course

Even if you already have your M1 license, taking a simple weekend MSF course will not only enhance your riding skills, but most insurers will discount your premiums by 10-15%. Visit the MSF website to find a course near you.

2. Good Student Discount

Are you student? If so, most insurers offered a “Good Student Discount” for a GPA of 3.0 or above.

3. Clean Driving Record

This one is a no brainer. Citations for DUI, reckless operation, and speeding will raise your premiums for years to come, while more and more insurers are now offering “safe driver” discounts.

4. Multi-Vehicle Discount

Most insurers offer a multi-vehicle discount that can cut your premiums by up to 25%. That said, it’s still important to shop around, as that multi-vehicle discount might not make up for high rates from your current insurer.

5. Compare Before You Buy

Most importantly, you need to compare rates and policies from various insurers. Fortunately, we make it easy! Just enter your zip code to get started!