Best insurance in Ontario Canada

[PMac]

Hey everyone, I'm 21 and I bought an '06 GS500F. The best quote I got on it was with Kingsway General for $3016, which is manageable, but I was just curious if there are any young riders who might be able to suggest a better company to go with price-wise?! Obviously in Ontario, Canada! Thanks guys and girls.

[ajaxgs]

look on the gtamotorcycle.com  some ggod info on bike freindly insurance

[RoadToRuin]

Give Gerry Kaspard a call he'll hook you up.

[debtman7]

Holy crap $3,000 a year for a GS? Is that typical in canada? My 96' is costing a whopping $100 a year to insure. Granted I'm 29, clean driving record and have only liability, but still... Even with full coverage I think it'd only be around $300 a year.

[groff22]

That seems high. I paid under $1000 for full coverage back in 2004 when I bought the bike from the dealer ... I now have comprehensive for about $600.00 a year. If you haven't already, it might be worth looking into a rider training program. The completion of these programs tend to shave a bit of cash off the greedy amounts asked from insurance companies.

You can try Primmum, I believe they offer Insurance to your locale. They are known as being quite competative, price wise. Chek their website: http://www.primmum.com/en/home

Cheers,
J

[NiceGuysFinishLast]

Guys, that $3K CAD number sounds about right from what I've read from other Canucks. Seems like Canada is sucking people dry on MC insurance.

[groff22]

They sure are. A few insurance companies list the GS500 as a sport bike; which bangs the cost up several hundred dollars. There are ways to lower it, Ex: Get married, Get old, Be female, Have kids, Consolidate insurance coverages, Rob a bank, etc. A sad sad thing.

[airbrush]

Did an online quote from Primmum and it was $200 less than i'm paying right now with my current insurance...which is slightly over a grand...looks like its time to switch

[RoadToRuin]

I paid just over 2K for insurance in ontario on my 93 GS with liability only! (M 23, 2 minor tickets) Insurance really is legalized extortion.

I only paid $2200 for the bike for christ sake.

[spc]

I'm 21 with a spotty driving record and I only pay $160 for a year with progressive.  I checked and it'd only be $1100 for full coverage

[RoadToRuin]

I hate you guys.   

[spc]

LOL, I'm still wondering if maybe I typed in my License number wrong and they think I have a better driving record than i do   My parents hated the idea of me getting a bike at first Then I showed em how cheap insurance/ gas is, and they understood, kinda

[debtman7]

I guess being old has it's benefits Just check my policy, actually $75 a year for 100/300/100 liability and $1,000 Medical Payment coverage (good health insurance, only need to cover $250 hospitalization copay) for both my wife and I.

For fun I checked progressive with a 2007 GSX-R1000, amazingly for 100/300/100 liability only on a GSX-R1000 it came out at $155 a year. Full coverage with $500 deductables came out at $2,700 a year. Apparently comprehensive/collision on those bikes costs a heck of a lot more than liability.

[spc]

I checked for fun me + a 1098s  not bad for just liability 1400 a year.........but for full coverage    9300 a year   I was like f%$k I could buy two older 998's and just pay liability and have a parts bike and still come out ahead

[Bulwark]

I am riding my first street bike, though I do have a super clean record for cars.  I took the MSF course last summer and bought my 06' GSF in October 06'.

I am paying $700 with everything except collision, so thats with wind, fire theft, etc.. just not if "I" am the one that causes the accident.  The company wanted about $200 for plpd.  I am with the TD insureance company.  They were by far the cheapest company that i found. 

I am in New Brunswick btw.

Scott

[finmac]

Check out JEVCO, mine since almost two years ago (on a 2002 GS500) went from just under 2000 to 1200 now.

-Fin

[PMac]

Yeah I know about Jevco. My broker said that if I'm completely accident free and what not, I'll be covered for like $2000 with Jevco next year. That's a huge drop. Just gotta stay outta trouble for a year.

[WREX]

read through here for more info. on Ontario Insurance.

http://gstwins.com/gsboard/index.php?topic=26752.msg282316#msg282316


www.ridersplus.com

[paulb]

im 18 in ontario and i  got quoted for a 2000 GS500E 1873$ a year basic.

[CBR JOCKEY]

Man it sucks monkey nuts to be young and trying to insure a bike or car.... I pay  550 for basic in Vancouver.