I don't know your age or marital status, makes a big difference. I remember my rates for a Kawasaki 700 LTD (My first bike at 18 years old) back in 1989. Damn they put the screws to me, but I was young, male (still am), and single.
The Versys is classified as a "sport" bike. Just take a look at the Kawasaki Website.
You will find that your rates go down some if you pay by the year instead of the month. Location has a lot to play into the equation as well.
I am 41 years old, roughly 24 years of riding experience (Progressive asks this), Male, Married, MSF certificate. I bought my bike outright so I can choose less than full coverage.
I just checked and my first two years were ~$244 per year for full coverage. Since then, I dropped down to just liability/uninsured motorist and my cost is now $110 a year.
If you are young, male, and single, you are a much larger insurance risk than if you were married and older.
Progressive has been the cheapest EVERY time I have quoted the big names. Never made a claim, so don't know how good they are. Claim time is when you really know how good your insurance is.