Insurance Info!?!

LawnBowler77 · 05-16-2014, 11:05 PM

Howdy Folks, I just got my M1 a short time ago and now I am trying to get insurance
for my bike. (So I can get the plate for it) Must places are quoting me between
$1200 - $1450 for a year [without a course] and a few told me if I took the course
that the price would drop by $300 - $450. What I am wondering how does that
work, if I got the higher price insurance then in 60 - 75 days I take the course
would my insurance drop after that?!?!?!?!?!?!?!?

P.S. = I live in Ontario, Canada

blaine · 05-17-2014, 07:13 AM

Quote:

Originally Posted by LawnBowler77

Howdy Folks, I just got my M1 a short time ago and now I am trying to get insurance
for my bike. (So I can get the plate for it) Must places are quoting me between
$1200 - $1450 for a year [without a course] and a few told me if I took the course
that the price would drop by $300 - $450. What I am wondering how does that
work, if I got the higher price insurance then in 60 - 75 days I take the course
would my insurance drop after that?!?!?!?!?!?!?!?

P.S. = I live in Ontario, Canada

I think so.Man your rates are high.Here on the Island they are around $400.00 to $450.00 for a new rider.

raul10141964 · 05-17-2014, 01:36 PM

I pay under $200 a year

Water Warrior 2 · 05-21-2014, 07:06 AM

Insurance costs in most parts of the GWN are beyond reason. That is one of the reasons I bought an old used bike. Anything over 25 years of age in stock condition can be insured as a classic in B.C. which is 20% of a newer bike insurance rate.

mainlinecoffee · 05-21-2014, 12:16 PM

I only pay 13 bucks a month through State Farm,what could you possibly do to get quoted 100+ a month? Seems way too high

Water Warrior 2 · 05-21-2014, 03:16 PM

Quote:

Originally Posted by mainlinecoffee

I only pay 13 bucks a month through State Farm,what could you possibly do to get quoted 100+ a month? Seems way too high

In Canada it is a punishment for not riding a bus.

My 2007 Ranger is over $100 a month with a 40% discount for a clean driving record and not driving to work every day.

mainlinecoffee · 06-13-2014, 11:05 PM

God,they'd probably try to euthanize me if I ever attempted to insure my ride up there.

Water Warrior 2 · 06-14-2014, 05:42 AM

Just be glad you don't live Down Under. From what I've read the price is even worse than the GWN.

Plavanchy · 06-14-2014, 11:37 AM

11 bucks a month for me through state farm

05-16-2014, 11:05 PM	#1
LawnBowler77 Junior Member Join Date: Apr 2014 Posts: 5	Insurance Info!?! Howdy Folks, I just got my M1 a short time ago and now I am trying to get insurance for my bike. (So I can get the plate for it) Must places are quoting me between $1200 - $1450 for a year [without a course] and a few told me if I took the course that the price would drop by $300 - $450. What I am wondering how does that work, if I got the higher price insurance then in 60 - 75 days I take the course would my insurance drop after that?!?!?!?!?!?!?!? P.S. = I live in Ontario, Canada Login or Register to Remove Ads Last edited by LawnBowler77; 05-16-2014 at 11:10 PM.
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05-17-2014, 01:36 PM	#3
raul10141964 Senior Member Join Date: Apr 2012 Location: Elkhart, Indiana Posts: 369	I pay under $200 a year Login or Register to Remove Ads
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05-21-2014, 12:16 PM	#5
mainlinecoffee Senior Member Join Date: Oct 2013 Location: lexington ky Posts: 223	I only pay 13 bucks a month through State Farm,what could you possibly do to get quoted 100+ a month? Seems way too high Login or Register to Remove Ads
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05-21-2014, 07:06 AM	#4
Water Warrior 2 Senior Member Join Date: Dec 2006 Location: Squamish B.C Canada Posts: 11,409	Insurance costs in most parts of the GWN are beyond reason. That is one of the reasons I bought an old used bike. Anything over 25 years of age in stock condition can be insured as a classic in B.C. which is 20% of a newer bike insurance rate.
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06-13-2014, 11:05 PM	#7
mainlinecoffee Senior Member Join Date: Oct 2013 Location: lexington ky Posts: 223	God,they'd probably try to euthanize me if I ever attempted to insure my ride up there.
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06-14-2014, 05:42 AM	#8
Water Warrior 2 Senior Member Join Date: Dec 2006 Location: Squamish B.C Canada Posts: 11,409	Just be glad you don't live Down Under. From what I've read the price is even worse than the GWN.
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06-14-2014, 11:37 AM	#9
Plavanchy Senior Member Join Date: Jun 2013 Location: Muncie, Indiana Posts: 128	11 bucks a month for me through state farm
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