Because I put in that I am 54 years old. Full M and have been licensed and insured since I was 16 years old. Hence the low rate.How come you got a better rate then the OP on his bike? assume you did not say you have additional vehicles and/or household.
I know that for some bizarre reason even your good credit rating can reduce your insurance rate, can only assume bad credit rating would increase rates.
Not sure why it is a bad postal code if you look it up he is in Ayr outside Guelph in a rural area.The problem is he's 18. Insurance is brutal until your in you're 20s. Combine that with an bad postal code and you're going to get $5k+ rates on most bikes. You're only options really are get a 125cc or pay up.
Oh, I thought the 5533$ was his bike model using his rider profile.Because I put in that I am 54 years old. Full M and have been licensed and insured since I was 16 years old. Hence the low rate.
If you are taking about the Versys 300 that is the price they quoted for him same details as the other 2 bikes I tried. He didn't get a quote from TD as fr as I know.
It is the price for him not me. All three pics are his profile. The next post was just showing what a dramatic decrease it is with my profile on a Ninja 250.Oh, I thought the 5533$ was his bike model using his rider profile.
Started seeing "[resolved]" in the title yesterday or day before.Thread is titled [resolved] did it say that before?
or guessing he took the 5533$ deal which is only about twice as much as it should be imho.
My insureance for 2005 Ford Focus is $400/month
...
I got a quote for $2800/year for the 2017 Versys X300.
- Postal code? We all know certain areas of Toronto are the kiss of death for insurance rates.
They probably want to see it like the U.K. model and see you on a 125 to start and put a great big learner signs on your back, but they should at least Say that and make something affordable to the younglings that Need the real life experience.
If they prove to be bad riders then SOL for riding, become a driver.
There are no downsides. We should revert to the UK/Australia model.They should move to this model (UK) and use that to regulate the insurance companies. Then the actuaries only need to look at any driving history and neighbourhood. Not whether the 18 year old likes launching him or herself into town on a hayabusa. Theft most likely won’t be an issue either unless they develop gold plated 125s. There’d also be a boost to the track day scene if youngsters could get their cc hit there. Boost to more interesting low cc bikes. It would make sure people learn control on forgiving bikes and have better skills as they move up the cc chain.
I don’t honestly see too many downsides.
Any litre or 600cc sport bike or even 650s for that matter. Atleast SSs are tame in lower to mid RPMs. Nakeds are unforgiving from the get go.... No young inexperienced person should be able to ride an S1000RR as a first bike.