Loaning your bike
- Thread starter ChiGGz
- Start date
Yes it will.
Of course. If they get pulled over and don't have one, they can get cited for failing to produce proof of insurance. At the very least, keep a photocopy of your current insurance slip and ownership (front and back, with current validation stickers) under your seat, most cops won't give you too hard a time if you have at least that.
the insurance is on the bike, not the rider (well, whoever is riding it becomes insured because it's the bike that's insured, and not the owner)
but the insurance policy owner will get dinged for any claims made by the rider, so you better trust (a lot) whoever you loan the bike out to.
but the insurance policy owner will get dinged for any claims made by the rider, so you better trust (a lot) whoever you loan the bike out to.
Read your policy...that is my suggestion. Don't assume anything - while visiting my folks over xmas, I borrowed my dad's car without his knowledge, and it turned out his policy did not cover other drivers.
Good point. If there had been a collision either your dad would have to pay the claim or charge you with theft. Nasty either way.
Do your folks live in Ontario?
There is no such policy in Ontario or any other province that I'm aware of. Unless you stole your Dad's car or your Dad specifically excluded you on his policy (by having BOTH you and him sign an OPCF28a driver exclusion endorsement) then you are covered on his policy. Did you sign such an endorsement?
http://www.fsco.gov.on.ca/en/auto/autobulletins/2005/Documents/a-03_05-1.pdf
Hey Viff. My friend has his nice new corvette and told me I couldn't drive it because his policy specifically excluded "any drivers under the age of 25" or something of the like. Was he feeding me B.S. so I wouldn't drive his car??
-Jamie M.
The only lies I tell about insurance are when people ask to borrow. Then "I don't think my insurance covers you"
This is an older person's way of telling you to "get lost". I hear people say this all the time, but I have no idea where it comes from. Some people falsely believe it's true, while others say it just to make you go away. Unless it's a classic car insured on an antique policy with special restrictions, there is no legal reason why you couldn't drive his Corvette; however, if it were my car, I probably wouldn't let you drive it either
Viffer - if you did loan your vehicle to a known bad driver (multiple tickets/court appearences/legal issues) would it ever be grounds to deny coverage?
I know it's legal to loan it to another licensed operator.
Like loaning it to a crackhead that had killed 4 people with a vehicle yet still maintains a license? At any point would they have grounds to say "you were stupid enough to lend it to him"......???
I know it's legal to loan it to another licensed operator.
Like loaning it to a crackhead that had killed 4 people with a vehicle yet still maintains a license? At any point would they have grounds to say "you were stupid enough to lend it to him"......???
Last edited:
Scary
Well-known member
Wait just one minute. So is this thread implying that if a parent insures their motorcycle, and their child (who has a motorcycle license but does not have their own insurance) rides the bike.... that's legal? And the child is insured while riding?
If that's the case, why arent' there more youngsters riding under their parents policy instead of attempting to get their own insurance at extraordinary rates?
If that's the case, why arent' there more youngsters riding under their parents policy instead of attempting to get their own insurance at extraordinary rates?
... that doesn't live at the same address
A child living in the same house as the parent must be listed as at LEAST the occasional driver on the vehicle, if not the primary. The insurance rate will be determined by the driver who poses the most risk, so other than multi product/vehicle discounts the parent might get, it wouldn't be any cheaper to do it this way
-Jamie M.
If the guy is legally allowed to drive, then the insurance company will cover him if he's involved in a collision. I don't suggest you loan your vehicles out to these people though
... that doesn't live at the same address
A child living in the same house as the parent must be listed as at LEAST the occasional driver on the vehicle, if not the primary. The insurance rate will be determined by the driver who poses the most risk, so other than multi product/vehicle discounts the parent might get, it wouldn't be any cheaper to do it this way
-Jamie M.
That is precisely the correct answer. Even if the child doesn't live at home, you still need to inform the insurance company if they will be using the vehicle on a somewhat regular basis.
