Your a young rider. You have had had your m2 for a month, and your not even fully licensed to drive a car alone. It makes sense to me.
Wait a year with your motorcycle experience and your jevco rate will drop.
The thing that annoys me the most is that we don't have the freedom to choose how much liability we want, $1m is ridiculous. My friend (who is my age) in the US is getting his Ninja 250r this year and he was quoted $250/y with fire and theft...
There are hundreds of threads already devoted to your frustrations. And FYI, 90% of the $3000 premium is to cover your human body, not your bike. As an insurer, we don't care so much about the Ninja 250 if you were involved in a collision -- the big payout is for your injuries (or the injuries of others that you cause).
If an insurance company in the US can cover a rider like me (my friend who I mentioned earlier) for under $300 a year with fire and theft, then something is gloriously ****ed up here, where $3000 is the minimum I'm looking at.
It's not like Canadian insurance companies have to cover the free medical care I'd receive at Canadian hospitals if I ever get into an accident... With liability only, basically all the insurance companies have to pay out on is if some lazy ****ing cager looking to hop on easy street tries to sue because he has a sore neck from whiplash or some bulls#it even if he was at fault. Although that's a whole other problem...
I know a guy from the states with an 08 CBR1000RR and he pay $227/year for full coverage.
So the moral of the story is, If you want cheap insurance move to the states and pay your own medical bills when you are involved in an accident.
Insurance companies look at teenagers as a liability. As 99% of younger people that get motorcycles get them to show off and have NO driving experience (not just motorcycle) and they don't know how to react in a situation that a more experienced driver would know how.
In your case you have 0 experience on driving as you don't even have your G2 and have never driven in a scenario where you don't have 2 pairs of eyes watching the roads.
Also alot of teenagers think they are amazing drivers and that is the first thing that will get them into trouble and not be able to get out of due to lack of experience.
The thing that annoys me the most is that we don't have the freedom to choose how much liability we want, $1m is ridiculous. My friend (who is my age) in the US is getting his Ninja 250r this year and he was quoted $250/y with fire and theft...
If your friend gets into an accident, a ton of money will come out of his pocket to get minimal care.
If the same thing happened to you, you'll sit at home with all the medical attention you need at no extra cost.
Please edumacate yourself in how much Ontario insurance covers you for before you complain.
Is your 18 year old *** really complaining? If you want to ride, suck it up and pay it. If you're going to keep on 'ranting' about it, move to the states and get cheap insurance.
I pay insurance for 3 bikes im old and i will still rant or whine as you call it.
Insurance in ontario is a rape and it prevents me, a member of the middle class to my pursuit of happiness of collecting bikes.
So if i have limited or some medical coverage from government i have to pay more insurance? A bike will cause dammage to anything it hit but compared to a 1 ton car it can only do so much.
End rant/ whine and i wil move soon
Is your 18 year old *** really complaining? If you want to ride, suck it up and pay it. If you're going to keep on 'ranting' about it, move to the states and get cheap insurance.
So if i have limited or some medical coverage from government i have to pay more insurance? A bike will cause dammage to anything it hit but compared to a 1 ton car it can only do so much.
End rant/ whine and i wil move soon
There are hundreds of threads already devoted to your frustrations. And FYI, 90% of the $3000 premium is to cover your human body, not your bike. As an insurer, we don't care so much about the Ninja 250 if you were involved in a collision -- the big payout is for your injuries (or the injuries of others that you cause).
Viffer, don't you get sick of typing the same things over and over? Either your the nicest person on this forum or you love typing. Lol, nice of you either way. Now link the fellow to your insurance guide sticky!
We're all in the same position. There is absolutely nothing you can do about it except wake up to the realization whatever is causing this the public is screwed and no one really wants to fix the problem.
He gets it, you dont (He's talking about if someone has a third party insurance that covers his/her medical bills). Sure insurance will cover your *** when sued but there many other things that cost money when a collision is involved. Fixing up a bike or writing it up is probably the least of their worries and most likely the cheapest...
Now let me make this clear... i do agree with you that insurance is high as **** in toronto and you have to accept that. But you comparing OUR insurance coverages with ones in the states makes no sense at all as they have MINIMUM coverage so they'll probably have to file bankruptcy if a major accident does happen while in canada you can bet that you wont have to spend a single dime.
This is the reason why I have a bike just sitting there till spring for me to insure it (license matures to 1 year). THey are probably quoting you with Nordic and your quote is better than mine. Mines $3500 but is going to drop to about $1900 (like 1898 or something)
My first bike was a fj 1100 that cost $1200 to insure 20yrs ago at 20yrs old.The reason your insurance is so expensive is volume,with 30 million people in Canada and over 300 million in the U.S the rates drop.
I paid my own way growing up,had a good job but barley made ends meet.Today everything is far more expensive so your bitching is totally founded and i cant blame you.
Coverage is coverage no matter where you are the difference is we pay into a medicare system that makes medical care equal for everyone.It's not cheap and it's far from free for those who think it is.We are forced to have they are not.In the states they have the choice of how much care they want to buy or if they want it at all so you have to add that to your buddies tab as well.Insurance will only pay out to the max amount of the policy you choose and then your on your own.Both systems have good and bad points but neither will let you die when you come into the emergency room with life threatening injuries.
On a side note the hospital i work at runs and average yearly deficit of 600000 for Americans who get injured here and then skip across the boarder and never pay there bill.
Yeah, the difference is that one will take everything you own and the other one won't...
Is insurance here too high? I, and most, think so. Don't we all think that EVERYTHING is too expensive??? Who wouldn't be all for cheaper bikes, or cars, or gas, or chips, or or or....
But to try and compare between two different countries is idiotic.
Yeah, the difference is that one will take everything you own and the other one won't...
And thats why they have to buy health insurance separate and we don't under most circumstances.Im all for social health care but it's far from perfect and eats 50% of you tax dollars.
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