Secondary Rider
- Thread starter Anarion
- Start date
OpenGambit
Banned
Anything is possible, this is just about money.
The insurance rate will be as per the highest risk rider. Due to your age and experience the insurance will rise to what you would pay if you went to insure the bike yourself. Doesnt matter if you only ride once in a while.
So in otherwords yes its possible but it'll be expensive.
18 year old trying to insure a 400 ninja is gonna cost.
So in otherwords yes its possible but it'll be expensive.
18 year old trying to insure a 400 ninja is gonna cost.
The answers are as stated above and the question has been asked many times.
The rate is based on the highest risk drivers / riders living where the vehicle is garaged. Messing with that is fraud and everyone involved could end up being black listed and having to go to facility insurance.
The rate is based on the highest risk drivers / riders living where the vehicle is garaged. Messing with that is fraud and everyone involved could end up being black listed and having to go to facility insurance.
Pretty much. Its not going to be a difference cost wise and you only risk getting denied a claim for fraud if its all registered at your moms place and you crash it in another city. Specially if you are found to be the primary rider.
I would start calling insurance companies so you know what you are looking at cost wise.
oo alright thanks a lot for all your help, would u happen to reccomend any insurance company in particular that can give me a good rate given my situation?
Drake_Demi
Well-known member
Might as not bother going on your moms insurance and just ride the bike anyway. You'll be covered under her insurance if something were to happen. If you had your own policy on something else you could transfer if you were found at fault in the accident
OpenGambit
Banned
I would call everyone and anyone. Sucky part is under 25 you miss out on talking to a couple of insurance companies, but still call as many as you can. Call different brokers too. I made a list of 10 people/places that I called. Was surprising all the different numbers. And I started my insurance at 21 so I know how sucky being under 25 can be for the costs.
Its hard to compare people because theres soo many variables that affect your quote.
Nope. That dear Mr Drake is insurance fraud would if you are found guilty of seriously hinders you getting insurance for anything ever again. Unlike tickets which vanish at the 3 year mark, cancelled insurance never does and even getting renters insurance I've been asked if I was ever denied insurance or ever had it cancelled.
Plus now the system is set up so your license has the vehicles registered to you and insurance information. Lovely little thing I found out about when I got a letter from MTO informing me that TD messed up the vin for my car. So a cop knows from just scanning your plates whether or not you have insurance and they love to focus on bikes.
Drake_Demi
Well-known member
Hey I'm just saying what my insurance told me. So long as the owner of the bike has insurance, and you don't have any, it goes under the owner of the bikes insurance. You can then transfer it onto your car insurance
But with doing that im just screwing up my moms bike insurance lol
Drake_Demi
Well-known member
Either way. If I was misinformed or misunderstood the best thing to do in any case is to contact the insurance company and verify any concerns you may have. Ask for the answers you receive in writing.
The guy is prob thinking you'll ride the bike once in a blue moon. If your caught on it say once a month or once a week then its insurance fraud. But I'm gonna let the insurance experts answer that cus gut tells me you can run into issues even if its once in a blue moon and you crash. I've never ridden someone elses bike without having my own insurance set up.
Just think of it this way....people pay you to insure them then suddenly you have to shell out say $200,000. Aren't you going to do some paperwork and calling to be sure that you don't have an excuse to turn that money down? Specially in a province where insurance fraud is a big issue.
+10000000
Definately. All you can do is call around and get several opinions and go from there.
Drake_Demi
Well-known member
That is a very good point. But the absolute BEST thing to do is, don't crash haha
OpenGambit
Banned
The issue arises when you live at the same address as the other person. That is different than letting your buddy ride your bike, which is where that other information comes from.
When I was high-risk years ago and lived with my mom I had to sign a sheet saying I would not be covered for any insurance purposes if I was caught driving her car until an accident came off my record.
It was because when she got insured they asked for everyone in the houses license and they would refuse to insure her unless I signed that slip.
I believe I remember them asking me if anyone else in my house would rid ethe bike at all, If they asked your mom thta and she said no and you got in an accident then you would get nothing.
