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I got my insurance bill today...

Started by Chris_B, May 22, 2006, 02:10:23 PM

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Dwn4whadever

Quote from: Chris_B on May 22, 2006, 02:10:23 PM
Well it came today. I'm a 17 year old male living in Ontario. Last year I paid $1900 or so, this year I got the bill for $6842. Bye bye GS.
What are you guys paying this year compared to last?

Did you get any tickets or anything.
A common mistake that people make when trying to design something completely foolproof, is to underestimate the ingenuity of complete fools....

Thanks to advances in automation, Nike shoes will be made by robots. Unfortunately, the robots will be made by children in Malaysia.

DMac

As other threads have said, Kingsway being one of the few to take bikes in Canada blacklisted the GS. They did change it back but w/ 400+ claims and only 2 ppl redoing quotes/renewals. Keep calling and bugging them, if not calla a company called Jevco. It's out of Quebec owned by Kingsway but they have affordable (2000 +/-) rates.

Keep trying and if you still have issues PM me and I can help you out. I've had a lot of contact w/ the companies recently.

Matty B 500

i pay 108 a year ... and im 16 .....   :cheers:

Matty B 500

i am on with my dads bike too. so that helps alot.  :thumb:

aworkmon

Yikes.  I pay 290 a year for full coverage, but I am 22 annd it's an '89.


CRXDrew

197 for liability 20yr old clean record.
New to motorcycles.... old fart with Turbo Hondas. :)

joedude

Yes, Insurance in Canada is much more expensive... But if you get in an accident... man that health care system sure has its preks! Oh and after an accident... You can't turn around and sue the other driver, your insurance company takes care of you, and their company takes care of them. They say it all balances out in the end, and avoids a hell of a bunch of expensive court time.

I agree that $6000+ is rediculous, but on a motorcycle... if you do get in an accident, you're at much higher risk to have serious injuries than if you had a cage around you.

I pay just under $1000 here in Winnipeg... but that's cause I declared the bike's value at $0 - $1000. The price would go much higher if I declared at the price I actually paid for it... but I only paid $1400 for it, so the insurance cost outweighs the benefit.
FTHRWYFL - Forget the Hype, Ride What You F@$#%&n Like!

1996 GS500, Red, w/ Fenderectomy, Complete LED Dash, K&N lunchbox, Rejet
Mods to be installed: Wileyco Slip-on, and Headlight Fairing

NWDave

Ok, I'm 22.  Have had my endorsement since March.  Baught my GS in March, it's a 95.. I have to pay liability and all that garbage.  $230 for the year.  Again, insurance on a R6 or GSX-R750 was gonna be like 1800 a year through GMAC.  Even at 1800 it's still somewhat affordable and doable for me, keep in mind that was for full coverage too.  But wow, I'd move to the US or something.

veeref

Quote from: Chris_B on May 22, 2006, 02:10:23 PM
Well it came today. I'm a 17 year old male living in Ontario. Last year I paid $1900 or so, this year I got the bill for $6842. Bye bye GS.
What are you guys paying this year compared to last?

That's just insane.  That's like paying the cost of a NEW BIKE every year, just in insurance!    :icon_confused: I guess they want motorcycles off the road!?

Here in Colorado, sportbikes like the CBR F4i, R6 and the like are 14-1600 a year, and that's enough to make me not want to own one right now. My GS costs me $307 a year for 250 comprehensive/collision deductibles with 100k/300k/100k BI/PD limits.

I can't believe you guys north of the border are getting hosed.  Write to your representatives!
2004 GS500F -- yellow. Pretty much stock.

rangerbrown

340 on the gs
190 on the 600


makes you wonder
nee down mother F***ers

werase643

Quote from: aworkmon on May 22, 2006, 06:55:03 PM
Yikes.  I pay 290 a year for full coverage, but I am 22 annd it's an '89.

why???
in two years time you could pay for another GS.....cheap assed bike....get cheap assed insurance
want Iain's money to support my butt in kens shop

daneilah

Quote from: Chris_B on May 22, 2006, 02:10:23 PM
Well it came today. I'm a 17 year old male living in Ontario. Last year I paid $1900 or so, this year I got the bill for $6842. Bye bye GS.
What are you guys paying this year compared to last?

Kingsway appears to have sorted out their insanity, but it didn't show up fixed on Kanetix.ca until last week.

Keep calling to get your renewal corrected.... or switch to another company.

2004 GS500F ... SOLD after 2 summers and 16,600km
2006 GSF650S Bandit

mike_mike

I pay 2200/yr for my '05 GS.  :cry:

I am getting fed up with Ontario, and Canada for that matter... I'm about ready to come join you folks in USA  8)
2005 GS500F (blue)
Location: Toronto, Ontario, Soviet Canuckistan

MrDan

Quote from: mike_mike on May 23, 2006, 09:50:02 AM
I'm about ready to come join you folks in USA  8)


uhhh .. we're closed

mike_mike

Quote from: MrDan on May 23, 2006, 09:52:03 AM
Quote from: mike_mike on May 23, 2006, 09:50:02 AM
I'm about ready to come join you folks in USA  8)


uhhh .. we're closed

ok, i'll join the folks in australia then!  :cheers:
2005 GS500F (blue)
Location: Toronto, Ontario, Soviet Canuckistan

Dwn4whadever

A common mistake that people make when trying to design something completely foolproof, is to underestimate the ingenuity of complete fools....

Thanks to advances in automation, Nike shoes will be made by robots. Unfortunately, the robots will be made by children in Malaysia.

Chris2P

I payed 106.00 dollars for the year.  Full converage.

Chris
K&N Lunchbox,  40 pilots 140 mains 2 #4 washers, Yoshimura slip-on, Progressive suspension, gsxr 600 shock, sv mirrors


Give a man a fish, and you have fed him for a day.  Teach a man to fish, and he'll sit in a boat and drink beer all day.

pnaberhaus

'89 GS..........$65/yr w/liability & roadside assistance only.....age 59, riding for 40 yrs, no accidents, no claims, yadda, yadda, yadda....
It's not how fast you go, rather "how" you go fast!

GS Jenn

Can't believe how much things vary even between Canadian provinces. I'm in Alberta, paying $380 per year for my 05 (I'm 27, clean driving record, but only have my class 6 three weeks), for $1 million liability and comprehensive. My BF pays a little less for his bike, with collision as well, since it's not a sportbike (Kawasaki KLR).
05 Naked GS, blue.... windscreen, fenderectomy, Progressive springs

Mitch

I just got insurance today.  50/100 + comp + 2500 medical.  $450 for a year :icon_mrgreen:

I'm in st.louis, missouri.  23/male/clean driving record.
01 GS500.

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