Motorcycle insurance

[anon1]

I've been thinking of getting another bike but it's been years since I had one. I heard that insurance is VERY expensive now. I see a lot of bikes for sale at really good prices.
Is the cost now prohibitive for the casual rider?

 

[Indiana]

Sign your organ donation card.

 

[bazokajoe]

I've been thinking of getting another bike but it's been years since I had one. I heard that insurance is VERY expensive now. I see a lot of bikes for sale at really good prices.
Is the cost now prohibitive for the casual rider?

I think you mean a donorcycle.

 

[Chimmy]

I think if you keep it under 900 cc you are probably in the $100 per month range. That’s what I pay. Over that I have heard some crazy numbers. I remember telling my Dad I wanted a bike when I was 16 and he told me that he would buy me a bullet instead because it was faster and cheaper. So I moved out.

 

[Sonic Temple]

I think if you keep it under 900 cc you are probably in the $100 per month range. That’s what I pay. Over that I have heard some crazy numbers. I remember telling my Dad I wanted a bike when I was 16 and he told me that he would buy me a bullet instead because it was faster and cheaper. So I moved out.

You are correct mate - I pay just under that monthly for my 2015 Indian Scout.

 

[John_Jacob]

I think if you keep it under 900 cc you are probably in the $100 per month range. That’s what I pay. Over that I have heard some crazy numbers. I remember telling my Dad I wanted a bike when I was 16 and he told me that he would buy me a bullet instead because it was faster and cheaper. So I moved out.

Yup, in that price range range

 

[wellhungone]

Rode for years and usually was between $100 to $130 per month during riding season. Haven’t had a bike in since 2015 , not sure what rates are now. But if it’s anything like my car insurance it will be expensive.

 

[shack]

Sign your organ donation card.

Ouch. But very realistic.

I knew a guy in college, Malcolm. Always upbeat. He missed school for a year and when he came back he was using crutches as he lost both legs in an accident while riding his motorcycle. Tragic.

But I'll tell you, he seemed always just as upbeat...at least in public.

 

[shack]

he told me that he would buy me a bullet instead because it was faster and cheaper.

I like your dad's sense of humour.

 

[opieshuffle]

Paid $100/month as a new rider on a 250cc a few years ago. There's no such thing as "riding season" anymore according to my insurance provider. You pay for the year.

 

[Stelvio]

I live in Toronto and bought a bike this year after 30 years since my last one. All the insurance companies I spoke with considered me as a new rider since I hadn’t been insured on a motorcycle for so long. This appears to be the general rule after 10 years with no insurance. I have a 900cc sport/tourer and pay $130 per month

Opieshuffle is correct, you pay for the whole year. Insurance companies bell curve the premiums; most of the cost is for the riding season. So if you buy insurance in April and cancel in November for example, you get almost nothing back.

 

[dsc]

I been riding over ten years. Paying just over the $100 per month rate. Mine is a 1200cc HD Sportster.
I think there is only two companies that will provide insurance in Ontario. Intact is one and I don't remember the other.
Biggest jump in rates was when they allowed Sikhs to ride without helmets if they wore a turban, a few years ago.

 

[RZG]

A short preface.. if you haven`t ridden in a while, consider rider training, a number of colleges offer courses. it`s a really wise move. Get re-involved with a bike in the 300 to 500cc displacement class, not intimidating power but still very capable. Buy the best gear you can afford, spend a little less on the bike and upgrade your helmet, jacket, boots pants and gloves. No alcohol or drugging before riding...ever. On to insurance, try brokers like www.ridersplus.com or Mitchell & Whale 905-579-9701, now just named Mitch. I`ve ridden on the street since since 1973 and over 750K miles and raced off road, MX and enduros for 8 seasons. I`ve heard every doomsayer comment, don`t allow that mindset of being CNN`d that leaving your home equals certain death. Feel free to PM me if you like.

 

[Stelvio]

A short preface.. if you haven`t ridden in a while, consider rider training, a number of colleges offer courses. it`s a really wise move. Get re-involved with a bike in the 300 to 500cc displacement class, not intimidating power but still very capable. Buy the best gear you can afford, spend a little less on the bike and upgrade your helmet, jacket, boots pants and gloves. No alcohol or drugging before riding...ever. On to insurance, try brokers like www.ridersplus.com or Mitchell & Whale 905-579-9701, now just named Mitch. I`ve ridden on the street since since 1973 and over 750K miles and raced off road, MX and enduros for 8 seasons. I`ve heard every doomsayer comment, don`t allow that mindset of being CNN`d that leaving your home equals certain death. Feel free to PM me if you like.

Great point RZG regarding training. I did a refresher course through the Rider Training Institute. It was only four hours, max 8 students, using the school’s bikes. Most of the students were there for extra practice to prepare for the M2 exit exam. The course was prefect for me to get reacquainted with riding a bike. Plus the school also gives a certificate.

 

[HEYHEY]

100-200 a month depending on bike.
If you think you'll get it for summer and then cancel, think again.
Motorcycle insurance is pro-rated for the summer months. So if you cancel at the end of the season you'll probably still owe the insurance company money instead of getting anything back

 

[Conil]

You guys ride cowasakis?

 

[anon1]

I guess I'll just have to hang in there.

 

[anon1]

That's it, no bike for me. I was caught up in this today.

Motorcyclist with life-threatening injuries after serious collision on QEW in Oakville

All QEW westbound lanes at Third Line are closed while the OPP continues to investigate the crash.

www.thestar.com