Father / Daughter Insurance | GTAMotorcycle.com

Father / Daughter Insurance

Sig_Girl

Sig_Girl

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I have had my m2 for 1 year now. But due to insurance being so expensive, I did not get a bike.

My dad is interested in getting his m1 and a bike.

When he gets his m1 and his bike, Am I allowed to ride it?

If he gets his m1 and insurance and lets his m1 expire but keeps on paying for insurance, can I ride it?

Thanks,
 
Hoping resident insurance experts will chime in... for a grandfather/grandson (my nephew) situation also... would love to see the kid in the saddle... but insurance is CRAZY in Onscario for the under 21 set!!!
 
Sig_Girl said:
I have had my m2 for 1 year now. But due to insurance being so expensive, I did not get a bike.

My dad is interested in getting his m1 and a bike.

When he gets his m1 and his bike, Am I allowed to ride it?

If he gets his m1 and insurance and lets his m1 expire but keeps on paying for insurance, can I ride it?

Thanks,
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As far as I know, you're allowed to ride it. My insurance company asked me how many license holders were in the house, then I set a main driver and a secondary driver. If your dad doesn't want to pay for your premium, he may have to sign something saying that you're not riding it... at least that was the case for my buddy's brother (as I understand it).
 
Sig_Girl said:
I have had my m2 for 1 year now. But due to insurance being so expensive, I did not get a bike.

My dad is interested in getting his m1 and a bike.

When he gets his m1 and his bike, Am I allowed to ride it?

If he gets his m1 and insurance and lets his m1 expire but keeps on paying for insurance, can I ride it?

Thanks,
Click to expand...

When he gets his M1 and a bike and insurance for it, you are allowed to ride it. If you live under the same address, the insurance rate will be based on the highest risk driver/rider (you). So if this is your way of trying to pay less for insurance it wont work. If you are living under different addresses, you can ride it "occasionally", but just keep in mind that it is not your bike and not your insurance policy so you cannot be the primary operator, if you happen to get into an accident and the insurance finds out that you were a primary operator of the said bike, the claim will be denied and you are liable for everything.

M1 expires in 90 days, he is required to have the proper license to insure the bike. Lets say it was not required, is he going to do it again when renewal comes? Doubtful.
 
Sig_Girl said:
I have had my m2 for 1 year now. But due to insurance being so expensive, I did not get a bike...

......

Thanks,
Click to expand...

Hope you can get the bike/insurance and enjoy riding soon.

On a totally unrelated note, where do you shoot?

PM me if you like ;)
 
Sushii said:
When he gets his M1 and a bike and insurance for it, you are allowed to ride it. If you live under the same address, the insurance rate will be based on the highest risk driver/rider (you). So if this is your way of trying to pay less for insurance it wont work. If you are living under different addresses, you can ride it "occasionally", but just keep in mind that it is not your bike and not your insurance policy so you cannot be the primary operator, if you happen to get into an accident and the insurance finds out that you were a primary operator of the said bike, the claim will be denied and you are liable for everything.

M1 expires in 90 days, he is required to have the proper license to insure the bike. Lets say it was not required, is he going to do it again when renewal comes? Doubtful.
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I thought it would be under her dad, no? Maybe a little higher with her as a secondary? Though, if you are riding it 90 percent of the time and get into an accident and they find out, you would probably be screwed.
 
Joe250 said:
I thought it would be under her dad, no? Maybe a little higher with her as a secondary? Though, if you are riding it 90 percent of the time and get into an accident and they find out, you would probably be screwed.
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Yes it would be under her dad, but insurance companies tend to rate the highest risk operator. Essentially the samething as getting an insurance policy on her own minus some discounts her dad would get.
 
My Daughter is listed as secondary driver on my wifes bike at no extra cost . She is 17 and got her M2 last year. We looked into a few different companies and it differs, Intact wanted her to be primary driver @ $3500, we got the policy through TD for $650.
 
I'd be careful with this and follow the letter and intent of the policy as otherwise you're heading towards insurance fraud which you really don't want on your record.
 
31Smokinjoe said:
My Daughter is listed as secondary driver on my wifes bike at no extra cost . She is 17 and got her M2 last year. We looked into a few different companies and it differs, Intact wanted her to be primary driver @ $3500, we got the policy through TD for $650.
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Daughter is listed as secondary on wifes bike at no extra cost, OK, so what is the $650 for ? coverage for your wife on the wifes bike ? I still don't see how you can have a person insured on a vehicle and not be paying anything for that person.....?

wish I could do that with my boys, have them on the policy but pay nothing for them to be on there....

do tell me how to get this done.....I can save thousands......

.
 
31Smokinjoe said:
My Daughter is listed as secondary driver on my wifes bike at no extra cost . She is 17 and got her M2 last year. We looked into a few different companies and it differs, Intact wanted her to be primary driver @ $3500, we got the policy through TD for $650.
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Most insurance companies would do what Intact did. Are you sure TD understands that your daughter is a secondary operator? or an occasional operator? My dad has been with TD and they wanted extra to add me as a secondary driver but no extra charge if i was listed as an occasional driver (We live at different addresses).
 
You can ride it as long as he's the primary operator. If you are the primary operator you are committing insurance fraud. If his M1 license expires than you are obviously the primary operator and would be committing insurance fraud. If you got pulled over you'd probably be fine with the cops but if you are involved in an accident and insurance figures out what was going one they will likely refuse to cover the accident, drop you and your father from their company (and no other companies will insure you, it will stay on record for a number of years), and potentially press charges (although I've never actually heard of charges occurring but they could).
 
I think the key issue here is proper disclosure when getting coverage. I could save a ton of money saying my annual car miles are 10,000km vs the 30,000km it really is and my work commute is only 20km a day, not 70km. Might get away with this for a few years but if an accident happens then the adjuster takes over and starts to verify everything in the file........... I'd then be faced with possible denial of coverage and tagging of the file as insurance fraud. Then my premiums go up x 10?? for years. Save now, pay later big time.
 
ReSTored said:
I think the key issue here is proper disclosure when getting coverage. I could save a ton of money saying my annual car miles are 10,000km vs the 30,000km it really is and my work commute is only 20km a day, not 70km. Might get away with this for a few years but if an accident happens then the adjuster takes over and starts to verify everything in the file........... I'd then be faced with possible denial of coverage and tagging of the file as insurance fraud. Then my premiums go up x 10?? for years. Save now, pay later big time.
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How much is a ton to you?
I switched my commute from 5kms both ways to 100kms both ways and uped my yearly mileage from 10K to 25K and my insurance went up less than $4/month.
 
jeffjones said:
How much is a ton to you?
I switched my commute from 5kms both ways to 100kms both ways and uped my yearly mileage from 10K to 25K and my insurance went up less than $4/month.
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You don't live in the GTA. Rates are driven by your home address/postal code and Cambridge is a relatively low risk address for insurance companies I think.

And your missing the point of my post.......... which is if you misrepresent info used to determine your rate and you risk signifcant consequences.
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