Voom Motorcycle Insurance | GTAMotorcycle.com

Voom Motorcycle Insurance

-Maverick-

-Maverick-

Well-known member
Forum Sponsor
Saw this on Ryan's latest F9 video as an ad at the end of the video. Seems like a great idea in theory...hopefully it, or something similar comes to Canada. And hopefully it addresses the owning of multiple motorcycles and paying full premiums for each:


canadamotoguide.com

VOOM introduces “pay-as-you-ride” insurance in US | Canada Moto Guide

Send in a pic of your odometer, get a pro-rated bill for your month’s insurance.
canadamotoguide.com canadamotoguide.com

The guy formerly known as Mladin.
 
Last edited:
Great idea. I doubt that we will ever see this in Ontario.
 
-Maverick- said:
And hopefully it addresses the owning of multiple motorcycles and paying full premiums for each:
Click to expand...
This was already addressed somewhat; call in and put fire on theft on your unused bikes.
 
Evoex said:
This was already addressed somewhat; call in and put fire on theft on your unused bikes.
Click to expand...
What if you want to ride your sportbike on the weekend and your supermoto as a daily? Call your insurance company every week? It used to be $50 per year per extra bike back in the 80's and 90's as you can only ride one bike at a time. But they wiggled around it stating that anyone in your household could technically get ahold of your bike. So full premiums on every motorcycle. It's a ripoff that's never been challenged.

The guy formerly known as Mladin.
 
Last edited:
-Maverick- said:
What if you want to ride your sportbike on the weekend and your supermoto as a daily? Call your insurance company every week? It used to be $50 per year per extra bike back in the 80's and 90's as you can only ride one bike at a time. But they wiggled around it stating that anyone in your household could technically get ahold of your bike. So full premiums on every motorcycle. It's a ripoff that's never been challenged.

The guy formerly known as Mladin.
Click to expand...
There was a time a few years ago that I could fax my Insurer 24 hrs prior to switching over coverage to a 2nd bike. So for weekend runs it worked well but over time they made it known that it wasn't welcomed on their part. They jacked up my rates the next season so moved to another Insurer and have two older bikes together for liability only and pay what they ask.
 
I use the caa version on my convertible and van works awesome. 200 a year and 20 dollars on my visa every 1000 k I use.

Sent from the future
 
Scuba Steve said:
I use the caa version on my convertible and van works awesome. 200 a year and 20 dollars on my visa every 1000 k I use.

Sent from the future
Click to expand...
Same here on my Bullitt ... it's called CAA MyPace. Too bad they don't have it for bikes too.
 
oioioi said:
Great idea. I doubt that we will ever see this in Ontario.
Click to expand...
You know, I could see it being attractive to insurers. Simple to administrate, and it magically resolves the argument they have to have with their customers any time somebody cancels their policy in the summer
 
Scuba Steve said:
I use the caa version on my convertible and van works awesome. 200 a year and 20 dollars on my visa every 1000 k I use.

Sent from the future
Click to expand...
I have caa. What exactly is this insurance?
 
  • Like
Reactions: LBV
Getting off-track but the CAA MyPace is a great idea if you have a 2nd "toy" car or simply drive less than 12k per year.

The premium will depend on the car but as an example, on my 2020 Mustang, it's $694/year plus $120 for every 1,000 km after 0. They send you an OBD device that only reports back mileage and there's also a MyPace app you can put on your phone to track where you're at re: the mileage and your trips etc..

Will likely save me about $700.
 
LBV said:
Getting off-track but the CAA MyPace is a great idea if you have a 2nd "toy" car or simply drive less than 12k per year.

The premium will depend on the car but as an example, on my 2020 Mustang, it's $694/year plus $120 for every 1,000 km after 0. They send you an OBD device that only reports back mileage and there's also a MyPace app you can put on your phone to track where you're at re: the mileage and your trips etc..

Will likely save me about $700.
Click to expand...
Indeed. Just got off the phone . Looks like my 2013 Matrix with about 3000kms/year (retired) would be around $150. That's stupid cheap.

EDIT: do I need a smart phone for this?
 
  • Wow
Reactions: LBV
timtune said:
Indeed. Just got off the phone . Looks like my 2013 Matrix with about 3000kms/year (retired) would be around $150. That's stupid cheap.

EDIT: do I need a smart phone for this?
Click to expand...
I don't believe so but best to check with them.
 
LBV said:
Getting off-track but the CAA MyPace is a great idea if you have a 2nd "toy" car or simply drive less than 12k per year.

The premium will depend on the car but as an example, on my 2020 Mustang, it's $694/year plus $120 for every 1,000 km after 0. They send you an OBD device that only reports back mileage and there's also a MyPace app you can put on your phone to track where you're at re: the mileage and your trips etc..

Will likely save me about $700.
Click to expand...
I have it on a 2005 van and 98 Camaro they don't get used much, they are both under 200 plus the 30 per 1000 they both get used less than 4k a year so stupid cheap.

Sent from the future
 
  • Like
Reactions: LBV
CAA MyPace look interesting. I'll look into this.

Combining my commute to work (if I drove everyday) and weekly tasks I'm about 25-30km's a week and the same for my wife's car.
 
Ontario has had usage-based-insurance (UBI) for years, and like others have said it's already offered by some companies. It's up to the companies to determine how to use/implement them.
Forum Sponsor
 
You must log in or register to reply here.

Back
Top Bottom