I've essentially called as many brokers as I can in Ontario and the majority of them refuse to insure me. I'm 20, with an M1 (M2 doesn't seem to make a difference.) and a CF MOTO 150cc E-Charm scooter. The ones that have accepted me (such as TD.) have a year fee for about 3000-3100.
I was under the impression that scooters were cheaper on insurance, but they seem to cost just as much as a motorcycle.
I've come across quite a good amount of brokers and insurance companies that take people with the age of 21+ (Riders Plus) Should I wait a year, or just deal with the 3k payment
this year and get the experience? (is paying 3k and getting the experience worth it?)
I've tried StateFarm (5 years of G experience required), Jevco (taken over by Intact, required 21), RBC (required full M, or something along those lines.)
My options seem pretty scarce right now, I have applied to facility association through a broker. If someone could explain how facility works; it would be great. Will I get a cheaper premium than the 3150 from TD than facility?
So yeah, either I just get my M2 and wait a year (until I am 21.), or I go for TD or facility. What should I do?
Recent quote from Desjardin's assuming I have an M2 (no age restrictment at Desjardin's, woo!): $1420 for a year.
I'll most likely do a course and get the M2 in 2 months, and go with that
I was under the impression that scooters were cheaper on insurance, but they seem to cost just as much as a motorcycle.
I've come across quite a good amount of brokers and insurance companies that take people with the age of 21+ (Riders Plus) Should I wait a year, or just deal with the 3k payment
this year and get the experience? (is paying 3k and getting the experience worth it?)
I've tried StateFarm (5 years of G experience required), Jevco (taken over by Intact, required 21), RBC (required full M, or something along those lines.)
My options seem pretty scarce right now, I have applied to facility association through a broker. If someone could explain how facility works; it would be great. Will I get a cheaper premium than the 3150 from TD than facility?
So yeah, either I just get my M2 and wait a year (until I am 21.), or I go for TD or facility. What should I do?
Recent quote from Desjardin's assuming I have an M2 (no age restrictment at Desjardin's, woo!): $1420 for a year.
I'll most likely do a course and get the M2 in 2 months, and go with that
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