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Insurance

Posted: Fri May 20, 2011 4:29 pm
by fatslob
Hi, Just would like to know if any insurance companies out there give reduced rates for older bikes (1977). Kind of like classic car insurance for older cars.

Thanks, Bob

Re: Insurance

Posted: Fri May 20, 2011 9:14 pm
by tallman21
i dont think so. i know it will be cheaper just because it is so old.

Re: Insurance

Posted: Sat May 21, 2011 5:29 pm
by dwight007fchr
Bob.......Yes, the antique motorcycle insurance is really cheap. I have had antique cars for many years, and have always used JC Taylor to insure them. My 83 GL1100 Interstate is 28 yrs old, and classified as an antique, and JC Taylor only charges about $50/year for basic insurance.....but no medical. I should limit the amount of driving I do on it. I have antique tags, and since it is registered as an antique, the Wing does not have to have yearly state inspections.

So, it is worth checking into if you dont plan to drive it megga miles.
dc

Re: Insurance

Posted: Sat May 21, 2011 6:22 pm
by BladeRunner9
You boys have it good! Up here in Ontario we pay mega bucks, not only that,but, we can't get a 6 mo rate..even though the season is pretty much half of the yr we have to pay for the full yr :evil: AND! Even though I've had 25 or so bikes and have been riding on and off for 47 yrs, (accident/ claim free) if you haven't had insurance in the previous 3 yrs ( I haven't) then you are considered...A NEW RIDER!! :evil: :evil: Add to that our lovely govenrment has allowed the insurance co's to cut benefits by 50%! That was just a few mo's ago, meanwhile the insurance co's were quietly RAISING the rates before that new law came into affect....so we get screwed TWICE, don't ask me how I REALLY feel!! :twisted:

Re: Insurance

Posted: Sat May 21, 2011 10:09 pm
by dwight007fchr
Bladerunner........Yea, sounds like they are really milking you for all your worth up there in Canada......must be hard to afford the insurance to ride....they are going to squeeze everyone so hard that soon there is gonna be some good old-fashioned rebellion going on. Riding bikes should be affordable to the average Joe, not taxed in excess.

So, you dont have Antique Motorcycle insurance up there? I think that is why I am glad to have an older Wing......the insurance on a newer one would probably be 20 times higher.

dc.

Re: Insurance

Posted: Mon May 23, 2011 1:04 pm
by brian964
In my experience it is cheaper getting quotes online. Some of the top insurance companies offer discounts when ordering online, because it is less work for them. But to be safe you could compare rates online, pick the best offer and try a local agency to see if they can match it or do better: http://www.quotes-center.com/average-mo ... ance-rates

Re: Insurance

Posted: Mon May 23, 2011 6:42 pm
by vtxcandyred
dwight007fchr wrote:Bob.......Yes, the antique motorcycle insurance is really cheap. I have had antique cars for many years, and have always used JC Taylor to insure them. My 83 GL1100 Interstate is 28 yrs old, and classified as an antique, and JC Taylor only charges about $50/year for basic insurance.....but no medical. I should limit the amount of driving I do on it. I have antique tags, and since it is registered as an antique, the Wing does not have to have yearly state inspections.

So, it is worth checking into if you dont plan to drive it megga miles.
dc
WOW. I have a 93 SE and an 02 VTX retro and the insurance is only like sixty bucks a year per bike. As many miles as I want for just liability. I do have a thousand dollar extra clause for the "extras" on the bikes.

Re: Insurance

Posted: Mon May 23, 2011 7:04 pm
by Britanicus
I am 43, biking legally for about 25 years. No accidents or tickets in the last 10 years. I pay 700 per year for public damage and public liability. In Ontario. I drive a 1982 wing but alas there is no antique clause for bikes.

Re: Insurance

Posted: Mon May 23, 2011 10:59 pm
by Gpa_Joe
I was amazed with my qoute from progressive.
4K 'replacement' value, I purchased for 2k...
200/yr full coverage, and then some...

Re: Insurance

Posted: Tue May 24, 2011 11:57 am
by Alex2010
New rider in Mississauga Ontario.
I got a 82 1100GL, and paying about $1300/year.
I'm 47 years old, with a clean record.
The insurance is likely more expensive than the bike...
From talking to people, my rate is pretty good.

Re: Insurance

Posted: Tue May 24, 2011 5:24 pm
by dwight007fchr
Alex......wow....ouch! Youre right.....that yearly insurance is more than some older wings can be bought for. That seems way high to me, and you may want to go online and get some more quotes, and even consider just bare bones mininmum insurance without all the added coverage.

dc

Re: Insurance

Posted: Thu May 26, 2011 8:40 am
by Alex2010
Trust me I've looked.
Got quotes from 2500 to 1800 then best was 1300.
Common story up here...
Unless, I can get insurance from a US based company...

Re: Insurance

Posted: Wed Jun 01, 2011 10:49 pm
by starfleetengineer
Gpa_Joe wrote:I was amazed with my qoute from progressive.
4K 'replacement' value, I purchased for 2k...
200/yr full coverage, and then some...
I got Progressive as well. 4k replacement, road hassard, 100k medical, liability, ect and pay $35.00 a month.

Re: Insurance

Posted: Thu Jun 02, 2011 7:24 pm
by patton57
I feel for you Canadian riders.

Basic Liability for my Gl1500 is $86/year.

Re: Insurance

Posted: Fri Jul 01, 2011 3:50 pm
by BladeRunner9
Thanks for the sympathy..we get BENT OVER BIG TIME.... :twisted: :twisted:

Re: Insurance

Posted: Thu Sep 22, 2011 8:39 pm
by wayne ian
I have a 2003 gl1800 and a 2006 C50CT. 1100 yr for wing 750 yr for C50. For you riders from Ont. Do you have the new FLYING PARRELS. this is one I got nailed with. Joe cager throws coke can out window, I get hit. Insurance company says, your not covered TO BAD. Welcome to Ontario...