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Old 03-05-2010, 12:23 PM   #1
Apoc
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Default Damn insurance...

Got a letter today. The company that was insuring me, for 1080$ a year, is no longer insuring motorcycles in my province. But my broker has a company that will insure my bike for 3870$/year! Almost quadruple what my insurance was, and i've had no tickets, and had a few dings from a few years back taken off of my record!

Now I gotta find new insurance. I am thoroughly pissed. The better my driving record gets, the more I pay!

Fuck!
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Old 03-05-2010, 12:40 PM   #2
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Yeah look around. That's crazy. I was only paying $470/yr on a brand new GSXR750 with full coverage.
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Old 03-05-2010, 12:43 PM   #3
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Yeah look around. That's crazy. I was only paying $470/yr on a brand new GSXR750 with full coverage.
when I was a new rider, back in 02, I paid 750 for full coverage on an RC51, and I had a horrible record. Since then, my record has gotten much better, and thats still the lowest I ever paid.

My CBR1kRR was 380$/month for insurance
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Old 03-05-2010, 12:44 PM   #4
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If it isnt required by your finance company drop it. 2 years premium should cover any damages you may incur. Or ask your finace co what the coverage limits are, maybe you can lower your premiums by raising your deductible, dropping off unisured motorist or something...
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Old 03-05-2010, 12:47 PM   #5
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WOW!! at those rates I think I would have to giver her up and just ride dirt.

my rates here are 450 per year. full coverage.
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Old 03-05-2010, 12:47 PM   #6
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Or ask your finace co what the coverage limits are,
Honestly, if the quotes dont get any better, im not asking anything. Im putting PLPD, Fire, and Theft on it, and they can go fuck themselves.

They 'require' full coverage, but with the financial shape HD is in, I dont think theyll be taking bikes from people who pay their payments every month.

Not while their dealing with all the people who arent paying, anyway! I hope...
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Old 03-05-2010, 12:49 PM   #7
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I'm in the same boat Apoc. The older I get the worse my rates get. I don't understand.

Have you tried All State or State Farm?
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Old 03-05-2010, 12:51 PM   #8
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I'm in the same boat Apoc. The older I get the worse my rates get. I don't understand.

Have you tried All State or State Farm?
Neither of them insure in NB.

Im checking with Royal Bank and Scotia Bank. They have reasonable rates, or so I hear.
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Old 03-07-2010, 01:54 AM   #9
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Neither of them insure in NB.
I know for a fact Statefarm does. They want a spotless record for three years though. Once Tracy's Speeding ticket disappears I will be making the switch. There are many people my age or younger and with higher risk bikes that pay less for full coverage than I do for Liability. Usually less than $1k, sometimes less than $500.
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Old 03-08-2010, 05:21 PM   #10
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Neither of them insure in NB.
Just heard Allstate commercials on local radio earlier too.
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