Insurance rant

[paulfj03]

I valued the bike at $2000. It is a 1989 in mint condition. I should have mentioned,they do have a time payment option.But the bulk of the payment is only made over a 5 month riding period.So $1620 divded by 5 = .The rest of the year we pay about $10.00 per month. I figure if I get pulled over the fine will be $200.00 if I don't register it.So since it isn't insured anyway,only a plate on it   .....Wait what I'm I saying,that would be illegal

I'm just renewing mine here! I have been shopping as my rates jumped to $700 for the year for liability only.. I think we are going to go with Allstate at $525/yr for the 92fj (clean record: no tickets, never speed, non smoker, blue eyes, less hair, 29yrs old,  ....... )
Thats a bit lower than what I was paying   Maybe having all our ins with them helps with the discount thing.

[crzyjarmans]

Mine is $132. a year for full coverage, Sorry dude

[paulfj03]

Mine is $132. a year for full coverage, Sorry dude

yeh... we are getting hosed. ...

[keand3]

I live in Manitoba Canada. I just checked what my bike insurance will be this year. No collision,no theft basically my plate on the back......$1620.00. If I was to put full coverage I'd be over $2000.00. If I could ride more than 5 months out of the year,I could almost except that, but this is getting crazy in my part of the country.Because its classified as a sport bike they really make it expensive. The worst part is there are no other options for insurance here. The provincial gov't has the monopoly on it.
Anyone else pay sky high premiums?

I see Canada and Norway have more in common then I tough...

[Sabre093]

I'm around same boat as Tiger mine for 86 is 720 for liability and theft,clean record and that's with multicar policies..2 cars,bike and house its Economical.
I tried Allstate and was looking at 800+...and to drive in Ontario without ins it's 2500$ fine

[motohorseman]

Mine is $132. a year for full coverage, Sorry dude

I think mine is even less than that, but everything is lower here in Missouri, including wages, but it balances out.....

[Derek Young]

Mine is $132. a year for full coverage, Sorry dude

Mine is a little more than that.... PER MONTH!!!

Derek

[ddlewis]

Mine is $132. a year for full coverage, Sorry dude

yeh... we are getting hosed. ...

Hey I pay $137/yr full coverage.. I'm getting screwed too! 

[BadBro]

The cost of "peace of mind".  Only feasible way in BC, Canada is the collector plates program.  If your mc isn't old enough (25 years) you're going to pay the big bucks.  One would think that these government agencies and/or private companies would be non-profit given the service they provide, but nooooo!  When I asked why the premiums are so high, I get a different answer everytime.  "Bikes are easy to steal, bikes are dangerous", added together with natural and man-made disasters, we're hooped.

[paulfj03]

The cost of "peace of mind".  Only feasible way in BC, Canada is the collector plates program.  If your mc isn't old enough (25 years) you're going to pay the big bucks.  One would think that these government agencies and/or private companies would be non-profit given the service they provide, but nooooo!  When I asked why the premiums are so high, I get a different answer everytime.  "Bikes are easy to steal, bikes are dangerous", added together with natural and man-made disasters, we're hooped.

I was told that collector plates are not available for bikes in Ontario....
I don't recall seeing one either! 

Mine is $132. a year for full coverage, Sorry dude

yeh... we are getting hosed. ...

Hey I pay $137/yr full coverage.. I'm getting screwed too! 

Ouch!!!!  that hurt.....

[Dads_FJ]

I was going to come up with some smart aleck response with the possibility that Lloyds of London would be cheaper.  I'm not trying to change the direction of this thread, but man do they have a wicked building! 
http://www.lloyds.com/lloyds/about-us/the-lloyds-building





Back to your regularly scheduled rant...

[HARTLESS]

I pay around $220 a year for liability with one mc wreck and one car "bump"( can't really call it a wreck) and 1 ticket. Oh and I'm 22 years old

[Zwartie]

I pay around $700 per year for liability only. It's been roughly the same for the past 10 years or so. I usually shop around every 2 or 3 years just to compare rates and have stayed with the same company (Jevco, I believe) for quite a while. What really bugs me is that I need to pay full insurance for any additional bike. I am the only licenced rider in my household so it should stand to reason that I will only ride one bike OR the other. They want $400 per year for my '77 KZ200. Just too much for a bike that I may put a couple hundred kms on per year. So it sits. A few of my buddies are with State Farm and the work-around is that they call the agent on say, a Friday and say they want to switch insurance from their main bike to the second one. The agent starts the process but doesn't plan on submitting the paper work until Monday. They ride the second one for the weekend and then call on Monday morning first thing and ask the agent to cancel switching insurance. My insurance agent is a broker and as such, can't do that for me. I looked into switching to State Farm and they want as much to insure just the FJ as it would for both bikes combined with my current insurance company.

Sigh...

Zwartie

[Windmill]

Phew, how much Guess I'll stay in UK then.

I have three bikes roadworthy at the moment. No NCD 57yrs clean license. First Insd MZ Skorpion 660 for £77. Then was amused to be able to insure FJ1200 for £66.........cheaper than MZ, how come??? Then got a slight shock, got quotes for 1963 Mobylette 50cc moped, £97   why? Can't see any sense in bike premiums here but man do I feel sorry for you guys, all mine are what you would call liability + fire +theft. Are car premiums high too or is it just an antisocial biker tax???

[crzyjarmans]

Mine is $132. a year for full coverage, Sorry dude

Mine is a little more than that.... PER MONTH!!!

Derek

Mine would be a little more, if I paid monthly, But I'm cheap!, So I pay the full amount to save my dollars