I just got my statement for my Dalton Timmis policy and it's $933 now. C'mon.....!!! I pay far less for my beater car with the same company.
Only liability and personal injury, ie. the minimum I need to be on the road.
Since the FJ is such an old motorcycle, a lot of insurers don't go back that far, or they don't want motorcycles unless it's thrown in with your house and other vehicles - neither of which I have to offer, except for said beater car. That's why I went with Dalton Timmis in the first place and I've been behaving myself and not making waves as long as they'll still insure it. But... $933.
Any suggestions from Ontarians for alternative insurers that are open to a 1984 FJ on its own, no bundles?
Wow!
Do they (Government) hate motorcycles up there? :unknown:
Mine is almost exactly 1/10th of that cost per yr here in Colorado.
The problem in Ontario is due to "No Fault" Insurance which should really be called "Your Fault" Insurance. If you get into an accident and it isn't your fault, your insurance company still pays for the repairs to your vehicle as well as your medical / rehab expenses. The intent (apparently) was to prevent insurance companies from going after each other to cover accident expenses. Since the severity of injury tends to be much greater on a motorcycle than a car, the rate is that much higher, regardless of the value of your motorcycle. Motorcycle insurance rates in Ontario won't ever go down significantly unless they get rid of No Fault insurance. As I recall, we can thank Bob Rae and his NDP government for that one!
Zwartie.
Zwartie answered my Question while I was typing.
Hi Charley,
That sucks! :diablo: I pay $735. for my FJ from Allstate, but that with two trucks
and a corolla and the house. They should give my the bike for free. I cant complain
to much they already told me they don't insure sport bikes over 1000cc.And yours and mine
are not considered a Turing bike. Or that's the crap they tell me. My renewal is Sept 1
I'm not looking forward to opening that one.
Bob
Quote from: Charlie-brm on June 22, 2015, 09:32:36 AM
I just got my statement for my Dalton Timmis policy and it's $933 now. C'mon.....!!! I pay far less for my beater car with the same company.
Only liability and personal injury, ie. the minimum I need to be on the road.
Since the FJ is such an old motorcycle, a lot of insurers don't go back that far, or they don't want motorcycles unless it's thrown in with your house and other vehicles - neither of which I have to offer, except for said beater car. That's why I went with Dalton Timmis in the first place and I've been behaving myself and not making waves as long as they'll still insure it. But... $933.
Any suggestions from Ontarians for alternative insurers that are open to a 1984 FJ on its own, no bundles?
My only suggestion is grin and bare it, I pay $960, talk about taking it in the ass, I think fellow riders out west pay less than half of what we pay and our big neighbour below us pay even less, Ontario is the whipping boy for these farging ins companys. White collar morons. Yes I am bitter having to pay out that much cash for only 5 months or less of riding. :dash2: :ireful:
Gday Charlie
Living in a part of Australia that only gets snow on the TV, and can ride all year round. Would it be possible to pay your insurance for the full year, then when you mothball your bike for the snow (whats that ) season cancel the policy and get around half back in a refund ?
I cringe whenever I read threads about Canadian or Australian bike insurance. :shok:
Doing a little digging for Ontario, I see that: "Minimum coverage for Third-Party Liability is $200,000, but most drivers choose $1 million."
Minimum here in California is "15/30/5" That means $15,000 per individual injured in an accident, $30,000 for all parties injured and $5,000 property damage. For that coverage here it's $80/year. I don't know what the cost would be in California for a policy at $200,000.
Hey Charlie,
Check with Allstate and insist they insure it as a 'sport touring' , I was able to get the 'sport touring' rate but I also had to insure my truck and house with them...
I changed to Aviva this year after being with Primmum/TD for many years. Aviva is $739 a year for my '85. 1 million liabilty plus normal stuff but no collision. Its $149 less than TD quoted me this year and my driving record is clean. Unfortunately Aviva was the best rate I could find in my area for standalone bike insurance. Good luck.
Rob
Quote from: Hemi Bob on June 22, 2015, 12:50:32 PM
Hi Charley,
That sucks! :diablo: I pay $735. for my FJ from Allstate, but that with two trucks
and a corolla and the house. They should give my the bike for free. I cant complain
to much they already told me they don't insure sport bikes over 1000cc.And yours and mine
are not considered a Turing bike. Or that's the crap they tell me. My renewal is Sept 1
I'm not looking forward to opening that one.
Bob
Mighty fine looking '85 Bob!
Rob
I pay 600 for the 90 FJ and 600 for the GTS. MY91 FZR 1000 is now considered a sport touring bike and was 730.All with Aviva. I have had a bike license for 33 years. And yes we have much greater coverage here than most people realize. We don't have a choice, but as a friend of mine always says, " Johnnie if you wanna play you gotta pay".
Im with an allstate agent in Kgn and because we have our other ins with them we pay 450ish per bike for the year. AND, yes they forgive the first ticket in a 7(?) year period.:biggrin: They saved us a bundle with our house ins too. We did shop around ALOT to get those rates....
After a renewal with them our rates pretty much stayed the same.
So far so good.
Bike insurance aaaaaaaaaaaaaaaaaaaaaaah :ireful: I had to fight tooth and nail with the guy that has been my insurance agent for 15/16 years, when I received my renewal this spring. He wanted an extra couple hundred dollars, which would put my insurance, for the '85 FJ, to $1,024.00 a year :wacko3: ...and for the privilege of having basic insurance :bomb: At 61 and a clean licence, I told him to go f**k himself and come back sensible :mail1:
In the end we did house, Cathy's CRV, my Trailblazer and the '92 with one company...Intact. It brought my house, cages and bike insurance down...but my FJ insurance is still in the high $8's
I did, at one point, consider selling the FJ and getting a smaller CC bike...sure your insurance goes down but not enough to make me sell my '85 FJ...so I went up 100cc's. Stupid really when you think about it...
Many insurance companies here in Ontario won't insure older bikes, mid 85 and older, for some unknown reason...ask why and they can't give you a good/decent reason :nea:
Buy insurance, ride for 5 or 6 months and close off your insurance until next year...you may just have a harder time getting insured for the next season...B'stards :diablo:
As long as the government mandate insurance here in Canada, then be prepared to bend over for the privilege of, in this case, riding a bike in our great country :bye2:
Rant over...
John.
p s Charlie, shop around my friend...
Incredible; these rates are absolutely insane! :crazy: :wacko3: :bomb: :dash2:
And I thought our companies over here in Germany are expensive... I pay something about $ 120,- (CDN) per year (EUR85,-) for my '92 FJ1200.
Greetz Jo
Unfortunately it doesn't work that way. Insurance is pro-rated based on them knowing which part of the year we do the most riding. If I took a policy out in say, March and then cancelled it in October I would be lucky to get $20 back for the rest of the year. So when you think that our coverage is really only based on a 7-8 month riding season it makes it even worse!
Quote from: Andells1200 on June 22, 2015, 05:21:06 PM
Gday Charlie
Living in a part of Australia that only gets snow on the TV, and can ride all year round. Would it be possible to pay your insurance for the full year, then when you mothball your bike for the snow (whats that ) season cancel the policy and get around half back in a refund ?
Yes, those insurance rates are obscene for motorcycle insurance, but what does a Canadian citizen pay for their health insurance premium? Down here in the US of A, those rates are extreme for any person who is trying to purchase health insurance on their own. I pay a lot for health insurance, that has a high deductable, and shitty coverage for services, but it is better than having nothing.
As difficut a decision it would be for me, I could give up motorcycling, and its attendant high insurance costs, but I couldn't do the same for my health insurance. There's just too much at stake.
Insurance companies (like any business) are in it for a profit, not a loss.
Tiger, Intact is actually the insurance company. Thanks giving me a reminder to clear that up. Dalton Timmis would be the broker then ( Interchangeable terms to me).
And yes, hard to insure older bikes and for that reason I don't rock the boat or play games like canceling and renewing. I don't have any other leverage like a home or expensive vehicles to bargain with.
That's nuts that these old birds are not in a more sedate category like sport touring or "relic" LOL.
When I had the 1979 XS750, you bet I had to make a lot of phone calls in 2005 to find a company that could even find it on their list. The ones motorcycle riders in Ontario are always suggesting were the least helpful. Those ads about being motorcycle specialized and friendly are bull. They want the easy pickings and work on volume, just like bad (and highly successful) real estate agents.
I lucked out with a person at TD/Primmum who bent over backwards to accommodate me, considering the bike was a piece of crap, over 25 and therefore not on their list. I had to have it appraised for crying out loud. Anyway, that's the past.
(http://i1296.photobucket.com/albums/ag17/Charliebrm/XS750/before_after_xs750_zps1pv4lm9u.jpg) (http://s1296.photobucket.com/user/Charliebrm/media/XS750/before_after_xs750_zps1pv4lm9u.jpg.html)
But I digress . . .
It sounds like I could try Aviva and see what they come up with, just for piece of mind I do my due diligence.
Quote from: FJ1100mjk on June 23, 2015, 07:32:59 AM
Yes, those insurance rates are obscene for motorcycle insurance, but what does a Canadian citizen pay for their health insurance premium? Down here in the US of A, those rates are extreme for any person who is trying to purchase health insurance on their own. I pay a lot for health insurance, that has a high deductable, and shitty coverage for services, but it is better than having nothing.
As difficut a decision it would be for me, I could give up motorcycling, and its attendant high insurance costs, but I couldn't do the same for my health insurance. There's just too much at stake.
Insurance companies (like any business) are in it for a profit, not a loss.
The insurance companies here in Oz, now ask how often you ride it. Mine is classed as casual and gains an extra Discount.(But there`s no check on how often I ride when I do a claim!) I`ve noticed them advertising for discounts when they detail your needs that can be applied to a lower risk, in most aspects of insurance now, except Health Insurance. However I don't get any discount for having numerous registered bikes, no one else licensed in the family or at the policy owner`s address and me only having one arse!
Health insurance is the only commodity I know that is permitted to keep you in the dark about what you`re paying for....until after the service is complete....I really do question the logic of my monthly purchase for the top coverage, when a public hospital provides the same service at no charge without any wait time if urgent. The so called private Hospital will provide the service and then bill you for additional cost for the practitioner (same practitioner free in public hospital)...because he can. (He just assumes you have money because you`re paying huge private insurance imho.)...off topic a bit but I needed ta Vent! ....many patients now say they don`t have private Insurance when asked by receptionist, when they in fact have private Insurance.
Saves heaps cause they can still claim later. Note: a public hospital here is often the same address as the classified Private Hospital in many areas. :ireful:
I have not bothered to look up my portion of insurance for my FJ as I am sure it is very small compared to having 2 teenager$$$ on our policy. But our insurance requires that we report our annual mileage on each vehicle insured. So miles driven are factored in in SoCal...
Now youve done it... brain getting hot... anger building... Hulk Smash! :ireful: Also dont forget theyprice it according to your postal code. Having the privelage of living in Scarborough (E Toronto) adds at least $200-$300 to my rate. Which by now is over $100 per month. If I was able to move an hour north, then that extra fee would disappear. Now must go Smash :mad:
A number of years ago (maybe 20 or more) there was a disproportionate increase to my insurance rate when my policy was due for renewal. I had a clean record and couldn't understand the rational behind such an increase. I called my insurance agent at the time and she explained that all insurance rates had gone up significantly because the stock market had been doing so poorly. I don't remember asking my insurance company to play the stock market for me! I'm sure that had the stock market done well they would have dropped my rates accordingly...NOT!
Zwartie
One more thing regarding motorcycle insurance in Ontario. It's very cost prohibitive for young riders. I've heard new young (16-25 yr old) riders tell me that they've had quotes between $3,000 and $6,000 per year, depending on the bike and the insurance company. We are seeing fewer and fewer young riders take the motorcycle training course every year - they just can't afford to ride!
Zwartie
Maybe this entity can help...
http://www.canmocycle.ca/ (http://www.canmocycle.ca/)
They have brokers that: "have insurance coverages for specialized needs of motorcyclists."
And offer: "Representation to all levels of government and other bodies affecting motorcycle legislation."