Cost of Insurance - Page 2 - Triumph675.Net Forums
Reply
 
Thread Tools Display Modes
post #11 of 25 Old 01-19-14, 09:20
Brutus
Junior Member
 
Join Date: Apr 2013
Location: Houston
Posts: 35
Thanks: 0
Thanked 1 Time in 1 Post
Quote:
Originally Posted by RickT View Post
Just curious what my fellow Triumph riders pay for insurance. I'm originally from Nova Scotia and last time I had insurance there it was very cheap. Now that I live in Ottawa I still think it's not bad but hear a lot of my buddies complaining.

So, just wondering what you pay for insurance.

I'm insured with TD Meloche Monnex (qualified for their affinity program)
$662/yr for $1Mill Liability and Collision/Comp with $1,000 deductible
52 yrs of age, riding since forever, no accidents/tickets in the past 5 yrs.

I also have my home and car insured with them which is supposed to worth a 10% discount.
I'm about your age and my insurance is just a little more. But I'm in Houston.
Brutus is offline  
Sponsored Links
Advertisement
 
post #12 of 25 Old 01-19-14, 09:37 Thread Starter
RickT
Senior Member
Threadstarter Threadstarter
 
RickT's Avatar
 
Join Date: Oct 2008
Location: Ottawa, Ontario Canada
Posts: 922
Thanks: 3
Thanked 8 Times in 6 Posts
Thanks for the replies guys. I posted this in the CANADA thread in hopes of getting a better idea of what my fellow riders pay in the different Canadian Provinces.

I know there will be no statistical relevance to the numbers provided but it will be interesting to see given how much whining my fellow Ontario riders do over out perceived high cost of insurance.
RickT is offline  
post #13 of 25 Old 03-01-14, 19:21
danfost
Junior Member
 
danfost's Avatar
 
Join Date: Nov 2008
Location: Calgary, Alberta, Canada
Posts: 95
Thanks: 3
Thanked 1 Time in 1 Post
OP, I know you're in Ontario but for those 675 owners in Alberta, Blue Circle has really good specialized motorcycle coverage.
I just switched to them this month with the home, auto and motorcycle covered.
I believe they're only available to Alberta residents though.
I pay $800 per year with full coverage including:
-$2 Million liability
-$500 deductible
I'm 35, had one at fault single vehicle accident (bike written off, no property damage), one speeding ticket, both in 2010.

Last edited by danfost; 03-02-14 at 11:56.
danfost is offline  
 
post #14 of 25 Old 03-01-14, 21:01
f4nm4n
BOTM Winner
 
f4nm4n's Avatar
 
Join Date: May 2012
Location: Oakville, Ontario
Posts: 258
Thanks: 0
Thanked 1 Time in 1 Post
In Ontario (outside of the GTA) im paying 2100/yr for my 12 st3r. 30 yrs old with 1 speeding ticket and 1 mobile device ticket. Supposed to drop to 1200/yr in may when the speeding ticket comes off. With state farm since most other insurance companies said they wont insure my bike.
f4nm4n is offline  
post #15 of 25 Old 03-06-14, 19:15
AGMZ
Junior Member
 
Join Date: Feb 2013
Location: Toronto
Posts: 28
Thanks: 0
Thanked 0 Times in 0 Posts
$2100/yr full coverage with state farm. 26yrs old, no tickets or claims and in the gta.

2012 Triumph Daytona 675
AGMZ is offline  
post #16 of 25 Old 03-06-14, 20:19
Mikesterloc
Junior Member
 
Mikesterloc's Avatar
 
Join Date: Oct 2013
Location: Toronto
Posts: 34
Thanks: 0
Thanked 0 Times in 0 Posts
I live in peel region and pay $2200/year full coverage. I'm 40+ and have one speeding ticket. I'm currently insured with TD. I also have 3 vehicles and my home insured with TD. They tell me that I'm receiving a discounted premium for insuring multiple vehicles. Could have fooled me!! State Farm quoted me full coverage for $1200/year but wouldn't insure me due to my speeding ticket.


Sent from Motorcycle.com Free App
Mikesterloc is offline  
post #17 of 25 Old 03-07-14, 13:14
Scottie
Senior Member
 
Scottie's Avatar
 
Join Date: Jun 2009
Location: Burlington, Ontario
Posts: 923
Thanks: 0
Thanked 2 Times in 2 Posts
I live in Stoney Creek (Hamilton area), Ontario. 30 y/o, full M for 10 years with no claims/tickets

$541/year with TD Meloche Monnex with Professional Engineer discount
$1M liability
$1000 deductable

Note: I also have my car and home with them. Car isn't the cheapest, but the bike and home make up for it with the multi-line discount.

Scott
Scottie is offline  
post #18 of 25 Old 03-07-14, 19:47
Jbaltus666
Member
 
Jbaltus666's Avatar
 
Join Date: Jun 2013
Location: Trenton, ON
Posts: 191
Thanks: 5
Thanked 10 Times in 10 Posts
Quote:
Originally Posted by Mikesterloc View Post
I live in peel region and pay $2200/year full coverage. I'm 40+ and have one speeding ticket. I'm currently insured with TD. I also have 3 vehicles and my home insured with TD. They tell me that I'm receiving a discounted premium for insuring multiple vehicles. Could have fooled me!! State Farm quoted me full coverage for $1200/year but wouldn't insure me due to my speeding ticket.


Sent from Motorcycle.com Free App
You're 40 and paying that much?? Why would State Farm not insure you for having a ticket..? They insured me when I had a ticket, and even now when I have an accident. I would try calling other SF brokers in the area
Jbaltus666 is offline  
post #19 of 25 Old 03-09-14, 09:09
Mikesterloc
Junior Member
 
Mikesterloc's Avatar
 
Join Date: Oct 2013
Location: Toronto
Posts: 34
Thanks: 0
Thanked 0 Times in 0 Posts
Im not sure why they wouldn't insure me. This is what I was told. A year ago, I was riding a ninja 300 and was only paying $900/yr. Something about bikes greater than 500cc I guess. I also started riding the last few years and only possess an M2.


Sent from Motorcycle.com Free App
Mikesterloc is offline  
post #20 of 25 Old 03-19-14, 01:49
obidon
Junior Member
 
obidon's Avatar
 
Join Date: Mar 2012
Posts: 67
Thanks: 0
Thanked 0 Times in 0 Posts
I'm studying in California now and my bike was stolen, but I was paying ~$240/month which is about $2880/year with a downtown Toronto address on StateFarm.
obidon is offline  
Sponsored Links
Advertisement
 
Reply

Bookmarks

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Triumph675.Net Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode


Forum Jump

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

 
For the best viewing experience please update your browser to Google Chrome