kawamaniak
Active member
Not dirty, this was 20 years ago. I had my Romanian license and an international licence also. It was ok in the states. I was able to insure and operate a bike. I was paying $28/month for a supersport.
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Can you get insurance with M1 only?
- Thread starter kawamaniak
- Start date
Trials
Well-known member
All the insurance company cares about is a record of current consecutive coverage they can call up,
next is your current location and financial status plus the VIN of the vehicle.
Why don't you approach the company that insured you in the USA, you have history with them that will either help you or hurt you.
next is your current location and financial status plus the VIN of the vehicle.
Why don't you approach the company that insured you in the USA, you have history with them that will either help you or hurt you.
kawamaniak
Active member
It's ok, they won't care anyway.
Looks like I've got my answers.
I can get insured with M1 and the course.
Why do you keep mentioning credit? it is not legal for them to consider it for under writing.
Mad Mike
Well-known member
That’s true. Both my wife and kids were insured the day after they passed the course, both had to wait a few weeks for the m2 licence, but not for the insurance. My wife saved about 25%, kid almost 50%.
my wife was nervous so I took the course with her, I called my insurance company to ask about a discount... they just laughed.
Mad Mike
Well-known member
Credit is not a risk factor for underwriting, only a risk for providing you credit on monthly payment plans.
Nikola Tesla
Well-known member
Shop around, call insurance brokers. I was able to get insurance right away on my m1 if I showed proof that I registered with a safety course. I rode on my M1 for 3 months then did the safety course to get my m2. I’m with dejardins and my quotes were amazing. I’m a younger rider too....
Trials
Well-known member
Possibly they can't hold bad credit against you,
but are you certain you can't qualify for a small discount with good credit
at least a few years ago it was unlawful for them to use credit score when factoring rates, the door swings both ways.Possibly they can't hold bad credit against you,
but are you certain you can't qualify for a small discount with good credit
if you have evidence to the contrary since then feel free to share it.
Does My Credit Score Affect My Car Insurance Rate?
Insurance companies may wish to use consumer credit scores when calculating auto rates because it can indicate the level of risk a driver poses.
rates.ca
I've switched insurance companies lots of times in the last 5 years and can confirm that credit doesn't come into play at all - I watch my credit history closely and there's never been any pulls from any of the insurance companies, ever.
I wish there was a discount for good credit history as I indeed have one....but yeah, they don't give a crap either way.
I wish there was a discount for good credit history as I indeed have one....but yeah, they don't give a crap either way.
at least a few years ago it was unlawful for them to use credit score when factoring rates, the door swings both ways.
if you have evidence to the contrary since then feel free to share it.
Does My Credit Score Affect My Car Insurance Rate?
Insurance companies may wish to use consumer credit scores when calculating auto rates because it can indicate the level of risk a driver poses.
Is this true for house insurance too? Because I believe my guy flat out said they were doing a soft check because it can affect what your rate will be.
i think you missed the quote, yes house insurance can be affected.
Trials
Well-known member
If some insurance companies want you to have insurance for 6 years consecutive before they will even touch youat least a few years ago it was unlawful for them to use credit score when factoring rates, the door swings both ways.
if you have evidence to the contrary since then feel free to share it.
Does My Credit Score Affect My Car Insurance Rate?
Insurance companies may wish to use consumer credit scores when calculating auto rates because it can indicate the level of risk a driver poses.
how does that Not relate to them requiring good credit history, they are looking for you to have a good history of paying your insurance bills are they not?and why are we trying to understand Ontario motorcycle insurance rates once again when we all know there is no logic.
Yes indeed I did miss that quote hiding in there! My bad. Good to know
we are discussing the law, not logic.If some insurance companies want you to have insurance for 6 years consecutive before they will even touch you
and why are we trying to understand Ontario motorcycle insurance rates once again when we all know there is no logic.
do they want you to have insurance for 6 years or have your license for 6 years? first I've heard about a 6 year previous insurance requirement.
Trials
Well-known member
No you made it about some law. I received a discount on my motorcycle insurance in 2014 for having good credit, that is a fact. Has my insurance gone up since then because they can't legally ask about my credit any more, not that I am aware of. Once again I was discussing something that actually happened.
How many times has it been expressed on this forum by various other riders that Wawa does not touch sportbike insurance unless you have 6 years riding history and this is the first you heard that
It's not about legally asking for your credit, it's about legally not using it regardless of what the answer is. Why is that so hard for you to grasp?No you made it about some law. I received a discount on my motorcycle insurance in 2014 for having good credit, that is a fact. Has my insurance gone up since then because they can't legally ask about my credit any more, not that I am aware of. Once again I was discussing something that actually happened.
How many times has it been expressed on this forum by various other riders that Wawa does not touch sportbike insurance unless you have 6 years riding history and this is the first you heard that
Okay so now you're making a claim that refutes mine. Great! Maybe back then it wasn't illegal? I didn't research the law and i don't care to. Maybe your insurance company broke the law in doing so? Either way it's not legal to do so now.
We good?
Duh. I've said the same about Wawa myself, very recently, you even ASKED me about it. But let's be very specific what exactly are they asking for; 6 years riding experience or 6 years of insurance? They are not the same thing.
HighwayHog
Member
I've been with these guys since I got my M1 about 4 years ago. Just saw they have a quoter for M1 now: Instant M1 Motorcycle Insurance Quote | Mitchell & Whale Ltd.
kawamaniak
Active member
M1 but only with the M2 course completed. It looks like these days that's how it goes.
HighwayHog
Member
Pretty sure they insure anyone with a license
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