Would motorcycle insurance be cheaper if I get an M1 now and not drive?

[Doug Tait]

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I got a question. So if I get a 50cc scooter and insure it for the cheapest coverage, would it help me to build my insurance history? Would it enable me to get a break when I get 600cc?

Yes, it will - so long as this scooter is licensed for road use. (whether it's actually driven on the road, or not)

 

[Doug Tait]

They look at the date you got your M2 not your M1, if he gets his M2 in October and a bike next year in October it counts as 1 year to insurance companies... Regardless if he's been insured or not.

That has not been my experience. I've been fully licensed to operate a motorcycle, since before there ever was a separate license, issued for this purpose. Didn't matter "squat" to the insurer - they were only concerned with how long I'd had a bike continuously insured.

 

[Macs]

They look at the date you got your M2 not your M1, if he gets his M2 in October and a bike next year in October it counts as 1 year to insurance companies... Regardless if he's been insured or not.

Nope, Jevco which is one of if not the only one to offer the 1 year licensed discount, counts it from when you got your M1.

 

[munchkins]

I'm now thinking of getting a dirt bike or something similar, but I'm just not sure if it's street legal or if it's even a good beginner bike.

I think that's a good idea than having an M1 for a beginner. Get your license first though. It'll also give you an experience about having an insurance for the first time. Goodluck
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http://www.onlineinsuranceportal.com/average-motorcycle-insurance/

 

[fastar1]

Should I get motorcycle insurance under my parents name?

So is this question off the table now? Because it sounds like fraud to me, which damn well better be cheaper or you're doing it wrong!

 

[FemmeFatale]

I asked state farm this same thing a while back and they said all they care about is years of INSURED riding. So just holding an M1 doesn't really do anything for them.

This is what I was told as well.

OP the M1 will expire after 90 days. So unless you plan on getting the the M2 in the dead of winter, your just wasting your time.

Also, if you get you M2 through one of the riding courses offered you can do your M in 18 months instead of 22 months. Keep in mind that the M2 expires after 5 years so you have to get your M within the 5 years or start the process over again.

Go get the motorcycle handbook at any mto or Canadian Tire. It will answer all your questions.

Call your insurance company for a quote. Your 21...the quote they give you will wake you up.




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