The freedom of the road is undeniable exciting and exhilarating. Whether you are going for long or short rides the joy to be on the bike cannot be match.
Motorcycle insurance can be very expensive and only very few Insurance companies will write a policy.
A proper insurance policy to cover you and your motorcycle are essential. Remember you get what you pay for. Why not purchase higher limits of coverage to making sure you will not be worried for additional out of pocket expenses.
- Inexperienced drivers
- Experience to power ratio
- Accident Benefits coverage
- Damage to motorcycle
- Seasonal use
- Area / Territory where you reside
Unfortunately all the above are not the fault of the Operator but premiums are charged based on the exposure and risk of offering a policy.
- Take Motorcycle Driver Training course
- Start off on a lesser CC bike while gaining experience.
- Higher deductible for Collision and Comprehensive if needed
- Decline acceptance of Collision and Comprehensive if not required.
- Proper Fitting Helmet – ask a professional at any bike store
- Proper safety gear – gloves, boots, pants
- Wear visible fluorescent clothing at all times
Liability coverage for auto is mandatory in Ontario with a minimum limit of $200,000 – however we highly recommend you carry a minimum $1,000,000 or higher limit. We are in a litigious society and many suits are seen far in excess of these minimum limits – higher limits are available at an additional cost.
Accident Benefits – provides coverage to the driver and any occupant that is injured in your vehicle. If others carry their own auto insurance or have parents that have their own insurance, their own insurance company will provide coverage. However if no other coverage is in place, the vehicle owners insurance will respond. Also included is coverage to aid rehabilitation. Income replacement is provided under the policy with for a basic limit of $400.00 net weekly income. Limits of income are available up to $1000 per week at additional cost. Please ask your broker for a quote.
Coverage applies only after any other personal or group income replacement insurance.
Collision – coverage for physical damage to your vehicle your fault. I.e.: hitting a curb, another vehicle, sliding on ice or snow, etc. A premium change may result from any claim under this section – weather conditions are not mitigating circumstances – it is up to you to drive according to the weather and road conditions. Deductibles apply.
DCPD – where damages occur to your vehicle by collision with another vehicle and it is clearly proven that there is no fault on your part. This section will pay for your damages or loss of use without cost to you on a no deductible basis or an alternate deductible you have chosen for a lower premium consideration.
Claims under this section do not affect your premium rating.
Comprehensive – covers, fire, theft, vandalism, windshield breakage, glass breakage, and falling objects and any other damage other than by collision or upset. (This does not provide against theft of contents stolen from inside your vehicle) Unless it is a part of your vehicle it is considered your own personal contents and should be covered under your home insurance or personal effects policy. Deductibles may apply.