November 27th, 2009, 10:07 AM | #1 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Motorcycle insurance in Canada.
So I called one place for a quote because I want to be 100% ready for everything in the spring. So with fire and theft and PL PD no collision they want $100/month. My god is there some way to get cheap insurance???? Thats so impractical!
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November 27th, 2009, 01:42 PM | #2 |
ninjette.org member
Name: shellneil
Location: myrtle beach,sc
Join Date: Sep 2009 Motorcycle(s): 1999 kawasaki ninja zx6r Posts: 56
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i have full coverage.....33 a month...i have a perfect driving record...mc licence....msf classes...and 26 years old.. i go through allstate........
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November 27th, 2009, 02:01 PM | #3 | |
Professional belly dancer
Name: James
Location: Toronto
Join Date: Apr 2009 Motorcycle(s): 1992 GSX-R 750 Posts: A lot.
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Quote:
Check with statefarm. Their rates are based on engine size. |
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November 27th, 2009, 02:15 PM | #4 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Alright man thanks for the heads up. The bike is $125 a month I am willing to pay half that for insurance but not anymore then 50% my land!
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November 27th, 2009, 03:17 PM | #5 |
ninjette.org member
Name: Ben
Location: Ottawa
Join Date: Jul 2009 Motorcycle(s): 2005 CBR600RR Posts: 132
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Until your over 25 years old... expect expensive insurance on ANY bike.
Once you turn 25 it becomes a little more manageable. I'm turning 24 in december living in Ottawa paying 120$/m for theft and 1M liability. I havn't had a speeding ticket since i was 17 and never been in any accidents and i'm with Statefarm. Next summer I plan on taking the ninjette to the track so I can max out my skills in preperation for a bigger bike when i turn 25
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2005 CBR600RR - 2:19 Calabogie Motorsports Park, Ontario, Canada |
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November 27th, 2009, 03:22 PM | #6 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
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November 27th, 2009, 06:24 PM | #7 |
ninjette.org guru
Name: Remy
Location: Moncton
Join Date: Apr 2009 Motorcycle(s): '04 sv650s Posts: 438
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I pay 280$ a year for full insurance through state farm.. I had to bring my car too there, but the savings are insane.. I'm 27 too and in New-Brunswick. This was my first year with a bike lisense too. Give them a call ! I pay around 120$ and that includes my car bike and renties insurance! I seriously coudln't beleive it.. I was paying more for my scooter before than my ninja, lol.
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There's 2 types of people in this world, those who complain and those who act. |
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November 27th, 2009, 06:43 PM | #8 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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I went with Allstate $380/year. Was going to go with State Farm which they quoted me $218 but they wanted $400/year more for my vehicle than i am currently paying.
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I'm not small, I'm fun sized |
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November 28th, 2009, 09:48 AM | #9 |
dirty old man
Name: Chris
Location: Hazel Green, AL
Join Date: Nov 2008 Motorcycle(s): Blue '08 Ninja 250 Posts: A lot.
Blog Entries: 1
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Whoa, and I though US insurance was expensive.
nb
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Death tugs at my ear and says, "Live, I am coming." -Oliver Wendell Holmes, Sr., poet, novelist, essayist, and physician (1809-1894) www.friendsofsanonofre.org |
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November 28th, 2009, 10:54 AM | #10 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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i'm also a newbie rider. next year my rate go down even more. when you take your course mikey the insurance will consider this as a year experience.
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I'm not small, I'm fun sized |
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November 28th, 2009, 11:14 AM | #11 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
Thanks so much for all of the help everyone! |
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November 28th, 2009, 11:24 AM | #12 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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these prices are everything included per year. i did not have the option of just putting plpd (basic coverage)
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I'm not small, I'm fun sized |
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November 28th, 2009, 10:01 PM | #13 |
Professional belly dancer
Name: James
Location: Toronto
Join Date: Apr 2009 Motorcycle(s): 1992 GSX-R 750 Posts: A lot.
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*sigh* I wish I had insurance figures like that. The people in and around Toronto are getting screwed big time by the insurance companies. It's actually not uncommon to see some people paying close to $380 per MONTH for a supersport around here.
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November 29th, 2009, 09:51 AM | #14 |
ninjette.org member
Name: Ben
Location: Ottawa
Join Date: Jul 2009 Motorcycle(s): 2005 CBR600RR Posts: 132
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It seems like Toronto has a severe Sport Bike theft problem.
On the GTAM forum atleast once a week somones posts about their 08-09 sport bike being litterally lifted out of their underground parking spaces into trucks and vans. I don't understand why the cops don't setup a sting.
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2005 CBR600RR - 2:19 Calabogie Motorsports Park, Ontario, Canada |
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November 29th, 2009, 09:56 AM | #15 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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The insurance companies (was i was told by them) look at where you live and how many accidents and claims are filed in that area and base their rates from that. If i lived 20 min north from where i am i would pay more because they have more accidents then we do. Kinda sucks because i was looking at maybe moving in that area but I'll stay where i am and keep looking in my neighborhood.
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I'm not small, I'm fun sized |
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November 30th, 2009, 08:07 AM | #16 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Talked with state farm. He basically told me to come back once i buy the bike. .. . .. So I have to buy the bike and pray to GOD I get a good insurance deal He said things can change so much. He did ask me some stuff. Even though I don't have a car I am insured on a friends car. Also I am 27 clean record. And I told him I can swing life and furnish over to his agency as well. . . .I hope this works out. I know it a ways away but I have to be ready.
Talk about a Gamble. .. . .. UPDATE! Called Primmum Insurance in N.S. and they said they can insure me here in N.B They have a section of their insurance company set up just for motorcycles FINGERS CROSSED! Last futzed with by Asuna; November 30th, 2009 at 09:31 AM. |
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November 30th, 2009, 11:17 AM | #17 |
ninjette.org member
Name: Rob
Location: Montreal, Canada
Join Date: Apr 2009 Motorcycle(s): '09 Ninja 250R Posts: 171
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It's not all bad. I'm 21, male, virgin record, been driving for 4 years and motorcycle for 1(June 08, got my bike Apr 09) and it costs me 340$ a year for liability and fire/theft/vandalism.
I'm with Jevco thru a broker. Keep looking.
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Back on the road again Season 2010 Dam it feels good! |
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November 30th, 2009, 11:23 AM | #18 |
ninjette.org member
Name: Mike
Location: Barrie, Ontario, Canada
Join Date: Mar 2009 Motorcycle(s): 2009 Ninja 250R SE Green Posts: 217
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wow you guys have some cheep insurance out east.
I'm paying $575/yr with statefarm and i thought that was cheep (liability, fire, theft and vand). I'm 26 with a full G for my car, and 2 yrs experience on my bike with my M2, one minor speeding ticket. I hope my rate drops more when that ticket comes off. |
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November 30th, 2009, 06:27 PM | #19 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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Asuna i wouldn't cross my finger with primmum they quote me over $1,000/year. I've contacted every insurance company in the maritimes that i could find even online ones and a lot of them will not insure the Ninja 250 because it's classified as a sportbike and the ones that do insure them want a lot of $$$.
The thing that is killing you is you lack of having a vehicle insured under your name which they take a as a lack of driving experience. I'm surprised that State Farm did not give you a quote I would call another State Farm office. Insurance companies aren't supposed to refuse a quote if your in the market for a vehicle that is the deciding factor when i'm shopping around. I would suggest that you also try RBC insurance and TD insurance to see what they quote you to see what your figures your looking at.
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I'm not small, I'm fun sized |
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November 30th, 2009, 11:30 PM | #20 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
Yeah the State Farm guy just wanted off the phone |
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December 1st, 2009, 04:53 AM | #21 |
ninjette.org sage
Name: don
Location: Port Elgin NB Canada
Join Date: May 2009 Motorcycle(s): 2009 blue ninja 250R Posts: 742
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I insured with Co-operators here in Labrador. It took a bit of convincing with the local agent but eventually the Ninja was considered in a lower risk category in part because it's only a 250. I got a rate that was much better than larger displacement sport bikes.
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December 1st, 2009, 09:19 AM | #22 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
they quoted me $1500 for PLPD fire/theft I am gonna go see them and argue with them as well. |
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December 1st, 2009, 11:59 AM | #23 |
ninjette.org member
Name: Rob
Location: Montreal, Canada
Join Date: Apr 2009 Motorcycle(s): '09 Ninja 250R Posts: 171
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Another trick is introduce it as a EX250. As soon as you say Ninja and 250 "R" they're opinion changes.
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Back on the road again Season 2010 Dam it feels good! |
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December 1st, 2009, 06:29 PM | #24 |
ninjette.org certified postwhore
Name: Lil One
Location: NB Canada
Join Date: Mar 2009 Motorcycle(s): '09 Ninja 250 Black Posts: A lot.
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I forgot to give you some info on Allstate. Allstate first informed me that they would be going with another company to insure my bike with a quote of $600+ because it was classified as a sport bike and was told that allstate doesn't insure them. A couple of days before i was due to go and pick up my paperwork i got a call from my representative and she did some arm twisting and explained to Allstate that this bike was just a little 250. To my surprise they agreed to insure the bike so if they say that they don't insure it and they go to a with a private company explain to them that they have done this for me. There's no reason they can't do it for you. All my quotes were over $1G except State Farm and the private company that Allstate was using. So you might have to cough up over $100/month. Not great news but something you may need to take in consideration if you have a tight wallet.
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I'm not small, I'm fun sized |
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December 1st, 2009, 08:29 PM | #25 |
Professional belly dancer
Name: James
Location: Toronto
Join Date: Apr 2009 Motorcycle(s): 1992 GSX-R 750 Posts: A lot.
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^^Wow really? My car is with Allstate and when I tried to get an insurance quote for the ninja 250 with them, they said that they've blacklisted any bike with the name "ninja".
It's great that your agent went the extra mile to get you insured under them! |
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December 1st, 2009, 11:32 PM | #26 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Ahhh Ninja.
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December 2nd, 2009, 05:23 AM | #27 |
ninjette.org sage
Name: don
Location: Port Elgin NB Canada
Join Date: May 2009 Motorcycle(s): 2009 blue ninja 250R Posts: 742
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Rob makes a good point. Ninja is a bad word for insurance companies. My agent gave me a good rate when I said it was an ex 250 and not a model with an 'R' in their list. it was the turning point in my argument for a lower rate.
Good Luck |
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December 2nd, 2009, 07:43 AM | #28 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Thanks for the heads up I'll do it!
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December 2nd, 2009, 11:24 AM | #29 | ||
ninjette.org member
Name: Ben
Location: Ottawa
Join Date: Jul 2009 Motorcycle(s): 2005 CBR600RR Posts: 132
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Quote:
Quote:
The wikipedia states that the EX250 is the base model for all 250cc ninjas and they attach the final suffix based on the market place. So if the bike was bought in Canada or the USA it's technically an EX250-R.... as you can't buy just an EX250 because your missing the suffix. Regardless or not... Insurance companys LOVE the fine print and i would'nt be suprized if they would throw your claim out the window if they found this discrepency. It is their JOB to make money... not loose it. Just saying...
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2005 CBR600RR - 2:19 Calabogie Motorsports Park, Ontario, Canada |
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December 2nd, 2009, 01:51 PM | #30 |
ninjette.org certified postwhore
Name: Alex
Location: Belfast, ME
Join Date: Jul 2008 Motorcycle(s): 2010 Honda NT-700-V, formerly, Green 2008 Ninja 250R Posts: A lot.
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I am insured through Progressive and have full coverage. I did increase the Uninsured Motorist portion because one of our neighboring states does not mandate insurance (it is optional) My rate is $290 a year. I have been riding and driving for 50 years with no accidents and no tickets. If I had not increased the uninsured driver portion and had a higher deductible (I have $500 deductible), the rate would have been lower. Any sportbike, especially one called Ninja carries a higher premium regardless of the rider`s age or record. Insurance companies consider sport bikes a poor risk because, according to their statistics sport bike riders ride more agressively and supposedly have more accidents. Sport Bikes are also costlier to repair because of their lighter construction. A friend, who is an insurance agent, gave me this information.
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December 2nd, 2009, 02:24 PM | #31 | |
ninjette.org member
Name: Ben
Location: Ottawa
Join Date: Jul 2009 Motorcycle(s): 2005 CBR600RR Posts: 132
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Quote:
I know that with my insurance(Statefarm): -My premium plummets the day I hit 25(statefarm). -State farm doesn't CARE if the Bike is an EX250 or Ninja 250R... Statefarm only looks at CC's. They don't care if it's a sport bike or cruiser. I'm not sure how this works at other insurance brokers... Somthing tells me insurance companies have a base number to work with... then given some lee-way to set the prices themselfs? I just find it hard somone younger then me is paying 1/3 the price... even if they live in the across the country. I'm defintly missing some information... like a 2nd vehicle or on your parents insurance....
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2005 CBR600RR - 2:19 Calabogie Motorsports Park, Ontario, Canada |
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December 2nd, 2009, 07:15 PM | #32 |
ninjette.org certified postwhore
Name: Alex
Location: Belfast, ME
Join Date: Jul 2008 Motorcycle(s): 2010 Honda NT-700-V, formerly, Green 2008 Ninja 250R Posts: A lot.
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Ben, I guess what I was trying to say is that the insurance companies in Canada and the US work with a set of statistics (which nobody can understand) based on where you live, etc. It is a good thing that in Canada the premium plummets after age 25 and that the Canadians view a 250 as a 250 whether it is a sportbike or cruiser. I find it interesting that we are dealing with the same insurance companies (State Farm, Allstate, etc) who have such different approaches. In the US, the displacement of the bike is not considered. A 250 Ninja would cost 1/3 more to insure than a 1500 cc Harley. It really is a racket.
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December 2nd, 2009, 08:14 PM | #33 |
Professional belly dancer
Name: James
Location: Toronto
Join Date: Apr 2009 Motorcycle(s): 1992 GSX-R 750 Posts: A lot.
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What Alex said is still true for the most part, as Statefarm is pretty much the ONLY company that goes by engine size. I'm fairly sure that in the near future, they may revise this policy...but until then we might as well take advantage of it.
The "name" of the bike is important, yes, but I find that the insurance companies give these bikes their own label. What the bike is called on the Kawi website or Wiki will hold little value, as someone in the insurance company has already "pre-labelled" these bikes in their own database. Calling the bike an EX250 instead of a "NINJA" 250 may only assist the particular agent helping you. In fact, when I went in to sign my initial papers with Statefarm, they made sure that they had the correct model number. (EX250F, as my bike is american, vs the canadian zzr250 or EX250H). And for the record, I believe the new-gens are designated as EX250J...officially anyway. |
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December 3rd, 2009, 09:04 AM | #34 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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State farm wants $2000/year
This is really pissing me off. |
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December 3rd, 2009, 09:40 AM | #35 |
Professional belly dancer
Name: James
Location: Toronto
Join Date: Apr 2009 Motorcycle(s): 1992 GSX-R 750 Posts: A lot.
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Holy CRAP!
Are you fully licensed? Statefarm's rates are only good if you're a fully licensed driver, and have been for more than 5 years. The only other alternative would be to get an older ninja...say a 2000-2003 model or so (or something equally as cheap....around $2000-$2500), and get liability only insurance. If you're planning on getting a brand new or close to new 08-09 model you're gonna be out of luck on that one. |
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December 3rd, 2009, 09:50 AM | #36 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
See I'll be newly licensed in may 2010. And I want a brand new 2010. So I'm gonna have to bite the bullet and pay the insurance. It'll be worth it in the long run. I've heard lots of peopel say it's not worth owning a bike because the insurance kills teh fun. I guess they are right. . .. .
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April= |
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December 3rd, 2009, 10:00 AM | #37 |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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OK tried my Girl who is only a friend but let me stay on her insurance policy because she is awesome and wanted to help me when I get my bike's insurance company and they said around $700-$900 roughly!
So there may be hope yet!!!!! She is gonna get back to me. If I can keep it under $100 ill be ecstatic at this point!!!!!!! Fingers crossed. P>S> Sorry for the post whoring but I am sot gonna let anything ruin my dream of getting a 2010 green ninja!
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April= |
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December 3rd, 2009, 05:50 PM | #38 | |
ninjette.org guru
Name: Remy
Location: Moncton
Join Date: Apr 2009 Motorcycle(s): '04 sv650s Posts: 438
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Quote:
PS: Are you mystere on MSC ?
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There's 2 types of people in this world, those who complain and those who act. |
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December 3rd, 2009, 07:57 PM | #39 | |
ninjette.org member
Name: Rob
Location: Montreal, Canada
Join Date: Apr 2009 Motorcycle(s): '09 Ninja 250R Posts: 171
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Quote:
As far as the model issue, You were right, EX250R. They did the correction, but price didn't change. However check on the owner's manual. While they do call it the Ninja 250R the Technical model name that appears in the important documents is EX250J9. The 9 signifies the year. I guess it's going to be J10 this year. No R in that one and that's what I gave them.
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Back on the road again Season 2010 Dam it feels good! |
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December 3rd, 2009, 09:55 PM | #40 | |
ninjette.org member
Name: Mikey
Location: N.B. Canada
Join Date: Nov 2009 Motorcycle(s): None yet Posts: 46
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Quote:
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April= |
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