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Insurance - need I say more?
Posted: Tue Mar 15, 2005 5:38 pm
by JJ
The cost of insurance is ridiculous here in Ontario. Last year I got so pee'd off I e-mailed every manufacturer I could find along with MMIC to complain about insurance. The reason I e-mailed the manufacturers was to let them know I would recommend that any new biker check out insurance rates before signing on the dotted line. I e-mailed MMIC to complain about their Open Road program and the costs. If they are an industry association how are they doing their job by approving a member (the insurance carrier, Primmum) to raise the rates so much and remain in their program.
I'm riding a cruiser and last year my bill was just under a $1,000. It went up to almost $1200 and some sports bike people I know were paying over $5,000. Yeah I sh*t my pants too when I heard that.
Well Golly, about 2 weeks after I sent all those complaining e-mails there were MMIC petitions at dealerships to complain about insurance. My Insurance is now $810/yr after switching companies. It's the cheapest I could find.
Any appetite to have an e-mail campaign to get them even lower?
:
JJ
Posted: Wed Mar 16, 2005 9:47 am
by oldnslo
An alternative would be to drop the comprehensive and collision and theft from the policy. It is a personal call, though, because your exposure is much greater that way.
Posted: Wed Mar 16, 2005 11:33 am
by sv-wolf
Hey, how come I don't get to register a vote here on this one? Or am I still recovering from the new year?????
Posted: Wed Mar 16, 2005 11:42 am
by 9000white
that's another good thing about the 20 year old standards.liability is all i have on all mine.
Posted: Wed Mar 16, 2005 1:13 pm
by totalmotorcycle
I only have 1 million liability insurance on my motorcycle and I pay $165 a year. It seems Alberta is really quite cheap for motorcycle insurance compaired to the rest of Canada.
In Ontario I'm looking at over $600, and the same in British Columbia.
Mike.
Posted: Wed Mar 16, 2005 1:26 pm
by JJ
sv-wolf wrote:Hey, how come I don't get to register a vote here on this one? Or am I still recovering from the new year?????
Let me see: The question - are you happy with the cost of insurance
yes !!! 1%
no !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 99%
JJ
Posted: Wed Mar 16, 2005 1:27 pm
by JJ
totalmotorcycle wrote:I only have 1 million liability insurance on my motorcycle and I pay $165 a year. It seems Alberta is really quite cheap for motorcycle insurance compaired to the rest of Canada.
In Ontario I'm looking at over $600, and the same in British Columbia.
Mike.
That's a good price! I'd move there but there are no twisty roads
JJ
Posted: Wed Mar 16, 2005 1:41 pm
by totalmotorcycle
JJ wrote:totalmotorcycle wrote:I only have 1 million liability insurance on my motorcycle and I pay $165 a year. It seems Alberta is really quite cheap for motorcycle insurance compaired to the rest of Canada.
In Ontario I'm looking at over $600, and the same in British Columbia.
Mike.
That's a good price! I'd move there but there are no twisty roads
JJ
Well JJ, there is the Canadian Rocky Mountains just 30 minutes away and there are LOTS of twisty roads you can take there.
Mike.
Posted: Wed Mar 16, 2005 1:44 pm
by JJ
HMMMM
Could you send me the Edmonton Journal Career section?
JJ
Posted: Wed Mar 16, 2005 4:27 pm
by High_Side
JJ wrote:HMMMM
Could you send me the Edmonton Journal Career section?
JJ
You mean the Calgary Herald don't you? Edmonton is hours away from the rocks, poor sods, and they probably still have snow on the ground
By the way basic liability on my VTR1000 is $140 a year here in Calgary. I can get the full load for about $540..... You're right, you guys are getting screwed big time!