Yeah im 16 with my M1 and i have finally gathered up enough for a used 2007-08 cbr125r. Thing is that insurance is out of this world for me. Now i have heard that if you have a parent with their license (my mother has her m1) you can go under her name. Do i go under a second rider or occasional ? My friend was paying around $120 a month for a brand new 2012 ninja 250 while his mom only had her m1, which is very good compared to him being insured on his own. IS IT POSSIBLE TO GO UNDER A PARENTS NAME ON THE MOTORCYCLE AS A SECOND RIDER ? Also is it gonna be like $40 for my mom and do i gotta pay extra to add another rider (myself) ? THANKS !
44 Year Old Women With A CBR125R
- Thread starter Yekta21
- Start date
And here we go......
This is insurance fraud. If you are using the bike more than 50% of the time, but you don't disclose this fact to the insurer, it is considered Material Misrepresentation. Some part or all part of a claim could be denied.
The only way for that to work would be for your mom to take ownership of the bike, but have you listed as the primary operator. As stated above, if you end up with a claim and it's discovered your mom rides less than 51% of the time, you're in a heap of trouble.
Right now my mom was the owner of both my car and bike (she has her M2) but I'm listed as the primary on both since she's the primary on her car. I've had a claim and didn't have any issues with that system. Switched the bike into my name when I moved up north though. Insurance is nothing up here.
Right now my mom was the owner of both my car and bike (she has her M2) but I'm listed as the primary on both since she's the primary on her car. I've had a claim and didn't have any issues with that system. Switched the bike into my name when I moved up north though. Insurance is nothing up here.
Last edited:
PLau
Well-known member
A lot of people do this and it just comes down to how much of a risk you want to take.
You can save a few thousand dollars over a couple years but if insurance does find out that you've committed insurance fraud, they will most likely cancel your policy and it would be near impossible to find another company willing to insure you with a reasonable rate for a long time.
Worst case scenario is that they find out after you get in to an accident (especially at fault as they tend to try to find a reason not to pay out). If you were to injure someone and they decide to sue for their injuries and lost wages and w/e, you're kind of screwed.
But once again, it comes down to "that chance" that something could happen and if its worth taking.
I myself am 20 and have my own insurance policy cause I don't think its work the risk.
You can save a few thousand dollars over a couple years but if insurance does find out that you've committed insurance fraud, they will most likely cancel your policy and it would be near impossible to find another company willing to insure you with a reasonable rate for a long time.
Worst case scenario is that they find out after you get in to an accident (especially at fault as they tend to try to find a reason not to pay out). If you were to injure someone and they decide to sue for their injuries and lost wages and w/e, you're kind of screwed.
But once again, it comes down to "that chance" that something could happen and if its worth taking.
I myself am 20 and have my own insurance policy cause I don't think its work the risk.
vociferous
Well-known member
most companies (if not all) will charge per the highest risk user, not by "primary & "secondary."
Is it considered fraud if the mother planned to be the rider at least 51% of the time but, due to real world variables, ended up riding less than that? Or what if the daughter rides it to school and back all summer long and the mother puts in 1 solid week of non-stop riding at the end of season to pick up the slack?
Or is it less about mileage and more about "regular use" (ie, function of time)? I'm genuinely curious, not trying to be smart.
Or is it less about mileage and more about "regular use" (ie, function of time)? I'm genuinely curious, not trying to be smart.
We have adjusters on here that can answer better, but I think it comes down to seat time/risk.
If I ride for 5 weeks into the city and back home, then my mom tours the province for one week and we end up with the same mileage, I still caused the most risk. Honestly, it was such a hassle, the second my license became old enough we did an ownership transfer and I have my own policy.
