Damn insurance...

Apoc · 03-05-2010, 12:23 PM

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!

Rider · 03-05-2010, 12:40 PM

Yeah look around. That's crazy. I was only paying $470/yr on a brand new GSXR750 with full coverage.

Apoc · 03-05-2010, 12:43 PM

Quote:

Originally Posted by Rider

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

smileyman · 03-05-2010, 12:44 PM

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...

wildchild · 03-05-2010, 12:47 PM

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.

Apoc · 03-05-2010, 12:47 PM

Quote:

Originally Posted by smileyman

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...

CrazyKell · 03-05-2010, 12:49 PM

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?

Apoc · 03-05-2010, 12:51 PM

Quote:

Originally Posted by CrazyKell

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.

RedRider2k2 · 03-07-2010, 01:54 AM

Quote:

Originally Posted by Apoc

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.

RedRider2k2 · 03-08-2010, 05:21 PM

Quote:

Originally Posted by Apoc

Neither of them insure in NB.

Just heard Allstate commercials on local radio earlier too.

03-05-2010, 12:23 PM	#1
Apoc For Science. You Monster. Join Date: Nov 2008 Location: Canada Moto: '08 HD FLSTSB Posts: 3,546	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! __________________ Android OS causes gay. Dont let your child use Android (unless she's a hot female). And dont let your babies grow up to be cowboys, either.

03-05-2010, 12:44 PM	#4
smileyman White Trash Hero Join Date: Mar 2008 Location: NW Arkansas Moto: Buell 1125R Porco Rosso Edition Posts: 4,895	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... __________________ Arkriders.com To be the best you must first be willing to risk the worst!

03-05-2010, 12:40 PM	#2
Rider Moto GP Star Join Date: Feb 2008 Posts: 12,156	Yeah look around. That's crazy. I was only paying $470/yr on a brand new GSXR750 with full coverage.

03-05-2010, 12:47 PM	#5
wildchild cruiser Join Date: Nov 2008 Location: on the run Moto: '09 HD superglide, 16 Yamaha FZ 09 Posts: 2,749	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.

03-05-2010, 12:49 PM	#7
CrazyKell Vrooom Join Date: Nov 2008 Moto: 06 ZX6R Posts: 4,427	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?