Okay, Here's the deal.
Parents are moving to Columbus Ohio, and I'm going to be back and fourth between living at my place in Canada and seeing them. But from what I hear insurance is A LOT cheaper in the US. I am currently paying 1700 +/- for an '05 GS and I'm 20. So I was thinking I would just get it insured there and everything and then bring it to Canada for when I am here.
So I'm looking up insurance quotes to see if it's worth doing, and I was wondering if someone can let me can help me out on us value/miles. As all the online things are asking for them.
My bike has 4600 km and is valued here at 5200$ approx.
Does anyone have a ballpark of what those figures are US wise? Or a ballpark of how much I would pay per year if I changed and got it insured down there. Thanks
Dunno how it works in North America but in the "United sates of Europe" the EC you have to insure in your country of residence, usually this gives the legal minimum coverage in other countries. For instance I have "Fully Compreshensive" cover in UK but if I cross the water and ride I am covered for what you probably call "Liability" only (we call it "Third party")
Working on the assumpion that there is probaly some international protocol about this and that insurers are generally whelching shysters anyway it probably works that way in NA as well. If you can select your country of residence and need only minimum insurance of course you are onto a winner. "Select" is the weakness here.
Well, according to google, $5200 CD is $4432.70 US. That seems about right to me (but what do I know, I don't even have a bike), and $1700CD is $1449.15 US, which seems high to me. Is that full coverage (i.e., comprehenseive)? I know most of the people on this board don't pay near that.. I know that when I checked rates for myself on Progressive.com that I would be paying less than that (I'm a 19 year old Male with a clean record), but that was for just liability for me.
Judging by my experience moving the opposite direction (Minnesota to Saskatchewan) make sure you talk to any and all gov't agencies before you move a vehicle and attempt to register it. I got different answers from everyone I talked to and it got to be pretty rediculous. Customs offices on both sides have their own requirements, and local governments have their own as well.
I won't share all the gory details, as your situation is different than mine, but definitely look into it real deeply before you do anything.