High insurance rate, who is to blame?

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elton_t

Well-known member
Everyone knows our insurance rate is climbing every year and ridiculously high for novice rider. Is the government making a lot of benefits mandatory hence the high premium or because of fraudulent claims/reckless riding?

In the USA, UK, Asia, Africa, basically everywhere else has cheaper insurance than we do, but they get fake claims and stupid riders over there too. What is going on here?
 
it`s a business that gets help from gov... IT`s not about any payouts insurance companies make ridiculous PROFITS every year.. Reminds me of the mob forcing businesses to pay for "Protection" .... except the government makes it mandatory....hence legal... those are my two cents
 
elton_t said:
Everyone knows our insurance rate is climbing every year and ridiculously high for novice rider. Is the government making a lot of benefits mandatory hence the high premium or because of fraudulent claims/reckless riding?

In the USA, UK, Asia, Africa, basically everywhere else has cheaper insurance than we do, but they get fake claims and stupid riders over there too. What is going on here?
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You are comparing Africa? Lol
In the usa you can get cheaper rates with less coverage. I had full coverage in the usa and the price was only about 25% cheaper than in Canada. Rates are going up in the usa as well.
 
No fault bulls#%t and insurance companies in bed with govt.
 
DownUnder said:
No fault bulls#%t and insurance companies in bed with govt.
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yep.. all that plus the high number of claims here by riders by having their SS stolen, or crashed.
 
DownUnder said:
No fault bulls#%t and insurance companies in bed with govt.
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So, you mean, it's better to go to court for every single accident, give 80% of all the money you may get to a bunch of crooked lawyer, or even better, lost everything you have in your life because of an accident? Yeah right, go live in the state if it's that much better. Everybody on the planet complain about the same ****ing ****, thinking other countries are better than theirs. Live with it or GTFO.
 
Well on the bright side, if it were easily accessible insurance wise there would be more motorcyclists on the roads which might be a good and a bad thing at the same time.
A dumb kid in a 90s civic speeding is less dangerous to himself than that same kid on a motorcycle
But at the same time, motorcycling could make him more aware and make him a better driver.

There's no solution lol
 
LePhillou said:
Well on the bright side, if it were easily accessible insurance wise there would be more motorcyclists on the roads which might be a good and a bad thing at the same time.
A dumb kid in a 90s civic speeding is less dangerous to himself than that same kid on a motorcycle
But at the same time, motorcycling could make him more aware and make him a better driver.

There's no solution lol
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Safety has nothing to do with it..a person on a motorcycle may e more dangerous to himself but less to OTHER people since a bike can do less damage than a car. All the gov. Wants is to keep lawsuits down and I'm not just ranting. My friend has epilepsy he was required to give in his car license in and is not allowed to drive a car HOWEVER he was told that he is allowed, if he wants to get his motorcycle license. I was with him at the gov office and in the lady's own words "in a car you can put a lot of other people at risk, however on a bike you're mainly a danger only to yourself" ...my jaw dropped when I heard that..take it as you wish...
 
Money. Follow it. Question answered.

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@Militarii

That's just ridiculous. And somewhat awesome at the same time (for your friend)
 
vince492 said:
So, you mean, it's better to go to court for every single accident, give 80% of all the money you may get to a bunch of crooked lawyer, or even better, lost everything you have in your life because of an accident? Yeah right, go live in the state if it's that much better. Everybody on the planet complain about the same ****ing ****, thinking other countries are better than theirs. Live with it or GTFO.
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wow someone got sand in their vag. I didnt understand most of what you are trying to say but in Aus i paid $300 for insurance on a 1000 ss, if i pulled the passenger pegs off and put the rear seat cowl on I could register the bike as a single seater and pay $150 a year. This was for compulsory third party injury, every vehicle on the road must have it there. If i then wanted fire theft or full comprehensive i can pay extra about $500 a year for full comp with good record.

The system here in Ontario makes it VERY hard for people to Start their driving life. Even harder to start their motorcycling life. Its corrupt and retarded, full stop. Go over to alberta or manitoba and have a look how much they are paying.

I cant believe someone can defend the set up here.
 
My insurance went down by $200 moving from California to Southern Ontario. What makes it even more interesting is that my coverage here is better (lower deductible, higher liability). Cheap insurance can be found in the U.S. if you want something like $15K coverage; you want equivalent to what is standard in Canada, you pay similar rates.
 
revrandy said:
My insurance went down by $200 moving from California to Southern Ontario. What makes it even more interesting is that my coverage here is better (lower deductible, higher liability). Cheap insurance can be found in the U.S. if you want something like $15K coverage; you want equivalent to what is standard in Canada, you pay similar rates.
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Thats interesting. But I think everyone's problem is that we don't have a choice to choose what kind of coverage we want, which, by what you're saying you can do in uS? (correct me if I'm wrong) We're forcefed these policies.
 
Militarii said:
Thats interesting. But I think everyone's problem is that we don't have a choice to choose what kind of coverage we want, which, by what you're saying you can do in uS? (correct me if I'm wrong) We're forcefed these policies.
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Yup we are. At the same time you wont go in bankruptcy for getting in an accident in most cases thanks to said coverage
 
All companies offer multi vehicle discount. Not sure what you are referring too. Also the coverage in Austrailia, US , AB or Manitoba have little to no injury coverage which is a gigantic difference. Look at your premium breakdown and see how much you pay for Third party Liabilit and Accident benefits. I bet it makes up at least 60% of you premium.
 
Tovarish said:
What really really really really sucks is multi-vehicle discounts.. or rather lack of.
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That is a wonderful scan.
You are a car collector or bike collector or you just have a combination of each yet you have to keep every vehicle insured.
They will say well other people live in your household.
They never have a proper answer when it is only you that live in your household.
 
Corey McNeely said:
All companies offer multi vehicle discount. Not sure what you are referring too.
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... 5%? 7% multi vehicle discount? That's hardly a discount.

I should only pay once for coverage that only affects one vehicle at a time. I can't be driving two vehicles at the same time. This is the "accident benefits" part of it ... the biggest part of it!

I can understand paying close to full pop for fire and theft on each separate vehicle, because they can all separately catch fire or be stolen and it's not fully dependent on which one is being operated at the time. But accident benefits and collision coverage is only possible to claim for the one vehicle that I am operating at a time. If I'm operating that vehicle then the others are inherently parked. Charge accident benefits and collision for the highest-premium vehicle for driver A, second-highest-premium vehicle for driver B, etc., and if you run out of drivers before you run out of vehicles, the others should be free. If I happen to be driving one of the cheaper-premium vehicles and have a claim, it's still to the insurance company's benefit that I wasn't driving the more-expensive-premium vehicle. A 5% multi-vehicle discount does not come even remotely close to this - I'm over-paying for accident benefits coverage.

As I understand it, BC has done what I just described for antique/collector vehicles. You pay for the most expensive one to cover, and they're all covered.
 
vince492 said:
So, you mean, it's better to go to court for every single accident, give 80% of all the money you may get to a bunch of crooked lawyer, or even better, lost everything you have in your life because of an accident? Yeah right, go live in the state if it's that much better. Everybody on the planet complain about the same ****ing ****, thinking other countries are better than theirs. Live with it or GTFO.
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Everyone hates brutal lawyers until they want to sue someone. Then they want one that goes for the throat.
 
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