Hello Everybody!
A bit about myself:
I got my M1 in August of 2009, took the RTI course and got my M2 in October of 2009 (I was 17 at the time). I haven't been able to actually start riding because my parents will not support my motorcycle infatuation, however they don't have a problem if I spend my own money. That being said, insurance has been the biggest obstacle. I was quoted over 3000/year for liability only on a 2001 Ninja 250.
Now that I'm slightly older (maybe slightly wiser as well
), and have had my M2 for quite some time I am thinking of starting riding. I have done thorough research on motorcycles, insurance, gear and maintenance costs and have saved up enough to cover all of the above, plus a bit extra just in case. I am set on getting a 2009 or 2010 Ninja 250 as I will have to be taking my M2 exit test soon and insurance is unreasonably expensive on anything bigger. Meloche Monnex gave me the lowest quote of 1300/year full coverage. They said that their renewals are in February and the rates may change.
I am currently having a dilemma; if I take advantage of the low prices of the bike now, the insurance may increase such that I cannot afford it anymore, and will just be stuck with the bike. If I wait until the new rates come out in February, the bike prices will go up and I wont be able to get that good of a deal. Having the experience that you have, which would you guys/gals recommend?
Thanks for taking the time to read this and I'm open to any comments/suggestions!
A bit about myself:
I got my M1 in August of 2009, took the RTI course and got my M2 in October of 2009 (I was 17 at the time). I haven't been able to actually start riding because my parents will not support my motorcycle infatuation, however they don't have a problem if I spend my own money. That being said, insurance has been the biggest obstacle. I was quoted over 3000/year for liability only on a 2001 Ninja 250.
Now that I'm slightly older (maybe slightly wiser as well
), and have had my M2 for quite some time I am thinking of starting riding. I have done thorough research on motorcycles, insurance, gear and maintenance costs and have saved up enough to cover all of the above, plus a bit extra just in case. I am set on getting a 2009 or 2010 Ninja 250 as I will have to be taking my M2 exit test soon and insurance is unreasonably expensive on anything bigger. Meloche Monnex gave me the lowest quote of 1300/year full coverage. They said that their renewals are in February and the rates may change. I am currently having a dilemma; if I take advantage of the low prices of the bike now, the insurance may increase such that I cannot afford it anymore, and will just be stuck with the bike. If I wait until the new rates come out in February, the bike prices will go up and I wont be able to get that good of a deal. Having the experience that you have, which would you guys/gals recommend?
Thanks for taking the time to read this and I'm open to any comments/suggestions!
