Insurance question

MyronGanes · March 31st, 2013, 01:33 PM

My last season was $2000 for the year for my 2008 Ninja 250. I just turned 25, got my M2 and completed the safety course. How much will my insurance go down? I live in Ontario, Canada.

xSean13 · March 31st, 2013, 01:45 PM

Wow, lol.

lgk · March 31st, 2013, 01:56 PM

Dont know but my insurance costs dropped by 30% after 24
Probably due to a good driving record and no accidents.

Eta: never was as high as $2k though

Jiggles · March 31st, 2013, 02:06 PM

Your rates will go down to $1340/year

LoneRonin · March 31st, 2013, 02:18 PM

It should drop to less than 1500ish I'd guess, if not more. What are your riding stats?

I paid that much at 22, third year riding clean record with M2...

I got quotes for $2000 for a 636 and $2500 for a ZX10r if I was 25. At 24 they were $6500 and $8800....aka an ass rape.

This is the worst place to ask insurance questions, majority of the guys here are from the US and they pay a fraction of what we do.

Mauchner · March 31st, 2013, 02:26 PM

Quote:

Originally Posted by LoneRonin

It should drop to less than 1500ish I'd guess, if not more. What are your riding stats?

I paid that much at 22, third year riding clean record with M2...

I got quotes for $2000 for a 636 and $2500 for a ZX10r if I was 25. At 24 they were $6500 and $8800....aka an ass rape.

This is the worst place to ask insurance questions, majority of the guys here are from the US and they pay a fraction of what we do.

Ya, don't ask about insurance or really pricing for anything. These Americans pay nothing for anything, we get ass raped

Although I just moved to BC from Ontario and things got HELLA cheaper.

lgk · March 31st, 2013, 03:17 PM

Quote:

Originally Posted by LoneRonin

This is the worst place to ask insurance questions, majority of the guys here are from the US and they pay a fraction of what we do.

Why is that?

LoneRonin · March 31st, 2013, 03:48 PM

Quote:

Originally Posted by lgk

Why is that?

why what?? Why should he not ask you Americans or why do you guys pay a lot less?

NealWright · March 31st, 2013, 03:52 PM

I know my car rates went down significantly at 25 ... My bike I just insured, at 38, 2005 Ninja 250 ... $93/year liability ... $130/year full coverage.

What surprised me were the super bikes ... $110/year liability, for every 600cc we could think of. I was looking at a Shadow 750 that was slightly higher.

lgk · March 31st, 2013, 04:37 PM

Quote:

Originally Posted by LoneRonin

why what?? Why should he not ask you Americans or why do you guys pay a lot less?

Why the cost disparities?

LoneRonin · March 31st, 2013, 05:15 PM

Quote:

Originally Posted by lgk

Why the cost disparities?

Mostly because our minimum requirements are higher. Also here we suffer from lots of insurance fraud and then the companies take it out of our pocket.

In some parts of Canada where insurance is government run its a bit better but my province (Ontario) is not and we have the highest rates because we have the most accidents and fraud...

My rates starting at 19 were, $3500, $2300, $1800, $2000. I'll be lucky if it stays the same or drops, because its actually been on the rise as of late...

Bentley813 · March 31st, 2013, 05:19 PM

Holy crap! I'm 28 and pay $212/year and it's my first bike.

Mauchner · March 31st, 2013, 08:53 PM

Ontario also has very dangerous roads and highways. Its no place for young bikers really, in my eyes.

lgk · March 31st, 2013, 08:59 PM

Quote:

Originally Posted by LoneRonin

Mostly because our minimum requirements are higher. Also here we suffer from lots of insurance fraud and then the companies take it out of our pocket.

In some parts of Canada where insurance is government run its a bit better but my province (Ontario) is not and we have the highest rates because we have the most accidents and fraud...

My rates starting at 19 were, $3500, $2300, $1800, $2000. I'll be lucky if it stays the same or drops, because its actually been on the rise as of late...

Thanks, i have been looking for an answer for a while.
It really made no sense why you guys were paying 3-4 times as much. Now i understand.

March 31st, 2013, 01:33 PM	#1
MyronGanes ninjette.org member Name: Jim Location: Ontario Join Date: Oct 2012 Motorcycle(s): 2006 R6 Anniversary Edition Posts: 16	Insurance question My last season was $2000 for the year for my 2008 Ninja 250. I just turned 25, got my M2 and completed the safety course. How much will my insurance go down? I live in Ontario, Canada.

March 31st, 2013, 01:56 PM	#3
lgk ninjette.org certified postwhore Name: Jason Location: Norfolk, VA Join Date: Dec 2011 Motorcycle(s): 2012 EX250, 2014 EX300 Posts: A lot.	Dont know but my insurance costs dropped by 30% after 24 Probably due to a good driving record and no accidents. Eta: never was as high as $2k though __________________________________________________ Ethioknight Memorial Fund- Sticker sale http://www.ninjette.org/forums/showthread.php?t=111700

March 31st, 2013, 02:06 PM	#4
Jiggles Jigglin' your Jiglets Name: Sean Location: San Jose, Ca Join Date: Jun 2011 Motorcycle(s): 2009 K1300S, 2013 Ninja 300, 2011 Ninja 250R, Faster than Unregistered's ninjette Posts: Too much. Blog Entries: 1 MOTM - Apr '13	Your rates will go down to $1340/year __________________________________________________ If the Ninja 250 doesn't have enough power for you, then you don't know how to ride it. AFM #676 Supersports are for n00bs

March 31st, 2013, 02:18 PM	#5
LoneRonin ninjette.org sage Name: Jason Location: Mississauga Join Date: Mar 2011 Motorcycle(s): 09 Ninja 250r Posts: 634	It should drop to less than 1500ish I'd guess, if not more. What are your riding stats? I paid that much at 22, third year riding clean record with M2... I got quotes for $2000 for a 636 and $2500 for a ZX10r if I was 25. At 24 they were $6500 and $8800....aka an ass rape. This is the worst place to ask insurance questions, majority of the guys here are from the US and they pay a fraction of what we do. __________________________________________________ ”Any man dies with a clean sword, I’ll rape his f*ing corpse!”- The Hound

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March 31st, 2013, 01:45 PM	#2
xSean13 ninjette.org certified postwhore Name: Sean Location: Middle TN Join Date: Apr 2012 Motorcycle(s): 2010 Ninja 250r (sold) / '03 CBR 600RR Posts: A lot.	Wow, lol.

March 31st, 2013, 03:52 PM	#9
NealWright ninjette.org member Name: Neal Location: Indiana Join Date: Mar 2013 Motorcycle(s): 2005 Ninja 250 Posts: 40	I know my car rates went down significantly at 25 ... My bike I just insured, at 38, 2005 Ninja 250 ... $93/year liability ... $130/year full coverage. What surprised me were the super bikes ... $110/year liability, for every 600cc we could think of. I was looking at a Shadow 750 that was slightly higher.

March 31st, 2013, 05:19 PM	#12
Bentley813 ninjette.org member Name: Steve Location: Oswego, NY Join Date: Aug 2012 Motorcycle(s): 2013 White 300 Posts: 221	Holy crap! I'm 28 and pay $212/year and it's my first bike.

March 31st, 2013, 08:53 PM	#13
Mauchner ninjette.org member Name: Kyle Location: Kelowna Join Date: Mar 2013 Motorcycle(s): 2011 Ninja 250 Posts: 115	Ontario also has very dangerous roads and highways. Its no place for young bikers really, in my eyes.