I currently have my '83 GS400 insured by Nordic facility through john duffy. This cost me about $3000 for the year, starting feb. 28 this year. Now I'm buying a 2006 Vulcan 900, and I was wondering if I could insure it in December, and not have to pay the pro-rated extra I would have had to in the summer. This was my first year of riding, and I'm M2 licensed, so this bike would likely have cost me roughly $5000 to insure this past year, and will cost me about $3700 this coming year. This means that a non-summer-adjusted prorated increase would be something on the order of $500 to insure through the winter (lame!)
My thoughts come from this thread: http://www.gtamotorcycle.com/vbforu...immum-policy-Want-to-know-your-Penalty-Refund
Where most people are concerned with cancelling over the winter, I'm basically considering the opposite.
Some back story: I'm buying a bike through a friend, who's essentially trading it to the dealer (for a discount on a new bike), who's then selling it to me at cost. This way the total tax paid on both bikes equals the tax on the full price of the new bike. We considered postponing the transaction until February, but it seems kind of weird to me, either my friend has to hold off on his purchase, or the dealer needs to keep my bike at the dealership for 3 months.
So has anyone heard of this? Sort of odd I suppose, and I'll call them soon, but I just wanted to see if it was possible first.
EDIT:
A brief update for anyone interested: According to my broker's calculations, she thinks it might be free, but knowing Nordic, they'll try to sting me with something. She's trying hard to get a straight answer out of Nordic, but they were giving her the runaround, with multiple calculations methods etc.
Fire and theft alone for 3 months was $265, when a full year was something like $350! So I declined that, and it'll just have to stay cozily tucked away in a locked garage all winter.
Still waiting on the final word, probably next week.
My thoughts come from this thread: http://www.gtamotorcycle.com/vbforu...immum-policy-Want-to-know-your-Penalty-Refund
Where most people are concerned with cancelling over the winter, I'm basically considering the opposite.
Some back story: I'm buying a bike through a friend, who's essentially trading it to the dealer (for a discount on a new bike), who's then selling it to me at cost. This way the total tax paid on both bikes equals the tax on the full price of the new bike. We considered postponing the transaction until February, but it seems kind of weird to me, either my friend has to hold off on his purchase, or the dealer needs to keep my bike at the dealership for 3 months.
So has anyone heard of this? Sort of odd I suppose, and I'll call them soon, but I just wanted to see if it was possible first.
EDIT:
A brief update for anyone interested: According to my broker's calculations, she thinks it might be free, but knowing Nordic, they'll try to sting me with something. She's trying hard to get a straight answer out of Nordic, but they were giving her the runaround, with multiple calculations methods etc.
Fire and theft alone for 3 months was $265, when a full year was something like $350! So I declined that, and it'll just have to stay cozily tucked away in a locked garage all winter.
Still waiting on the final word, probably next week.
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