20-24 year olds - how much did your insurance change this year?

[Jlin]

Cbr125,first year riding $1662 full coverage with jevco
This year, $842 liability only.
If I were to upgrade to a ninja250, it'd be $893 a year. Problem with Jevco is that they won't let you change your policy or cancel it until it expires...

Oh, and I'm 22

Not true.

[VifferFun]

Problem with Jevco is that they won't let you change your policy or cancel it until it expires...

FALSE! You have the RIGHT to change or cancel your policy.

[cbr_rr]

FALSE! You have the RIGHT to change or cancel your policy.

Yeah, but you get no refund on the policy you already have. To change my policy, Jevco wanted me to pay the difference between the two policies as if it were day 1, but with the same expiry date.

So my policy: 1300, desired policy: 2900. difference: 1600. If i want to change my policy 1 day before it expires, they want 1600, and then i'm up for renewal in a day.

so, technically i guess you do have the right...

[VifferFun]

Yeah, but you get no refund on the policy you already have. To change my policy, Jevco wanted me to pay the difference between the two policies as if it were day 1, but with the same expiry date.

So my policy: 1300, desired policy: 2900. difference: 1600. If i want to change my policy 1 day before it expires, they want 1600, and then i'm up for renewal in a day.

so, technically i guess you do have the right...

That doesn't make any sense . . . a change in your policy should only affect the portion of the policy that remains. I'm thinking that your broker was wrong. Ask Avi what he would do in this situation.

[Syphen]

I have never had problems changing bikes mid-season on my policy. I've always paid insurance upfront so the remaining balance was put towards the new bike and I had to pay maybe an extra $50 for the year with the new bike.

I need to stop buying and selling bikes like they are stocks!

[Buttocks]

Ok after reading some of your premiums, I feel like I got such a bad deal.

I am 22, second year riding, located in East York, Honda Shadow Ace 750. Paying $2180 full coverage. Does this seem too much to anyone else? This is with Jevco. I have nothing else insured with them.

[adri]

Ok after reading some of your premiums, I feel like I got such a bad deal.

I am 22, second year riding, located in East York, Honda Shadow Ace 750. Paying $2180 full coverage. Does this seem too much to anyone else? This is with Jevco. I have nothing else insured with them.

Insure the 250R you're trying to sell, it'll come out to under $1,000. I tried for a 750 with Jevco and got quoted the exact same rate, and I'm approaching year 4, but it makes no difference to them.
Extra 500cc will cost an extra $1,200.

[wearelopey]

19 years old when I got my first bike, 1984 yamaha virago 500, $2800 for just liability with kingsway (now part of jevco).
This year riding a 2008 ninja 500. $2100 liability only form Jevco, $2600 full coverage...(im 20 now). No tickets or anything

[vince492]

Kawasaki EX650R 2007

19 y old (in Quebec): 1750$ (plate included)
20 y old (in Quebec): 1750$ (plate included)
21 y old (In Ontario, M1): 1912$
22 y old (In Ontario, M2): 1912$

I tought it will be cheaper...I'm thinking of throwing away my street bike to keep the track bike Or

[Dinh250R]

I'm paying $800 full coverage on my 250 Ninja..

[VifferFun]

I'm paying $800 full coverage on my 250 Ninja..

And you are under 25yo? That's not too bad.

[spacemonkey]

21 with state farm.

03 sv650 and mustang totaling 290 a month.

State Farm rates on the CC's of the bike. Good if your riding a super sport. If you plan on keeping the SV, check with some other companies. I think you may be pleasantly surprised. Melloche Monnex, TD, Jevco, Primmum.

CAA gave me a very good quote as well. But I don't know if they have any requirements.

[Dinh250R]

And you are under 25yo? That's not too bad.

Turning 23 this June. I was surprised myself too when I got the quote.

[VifferFun]

Turning 23 this June. I was surprised myself too when I got the quote.

I this your first year of riding, or have you had your M1/M2 over a year?

[JackBoss]

wth, I just got a quote from Andrew from cornerstone and they want $3550/year for a CBR125... My 50cc Tomos streetmate r is currently insure by them for $680 a year. ?? under $700 for a 50cc and $3550 for a 125cc, same company, person, options everything... weird huh? Btw I am 19 with an m1.

[Carriers]

$1900 to $1600. Switched companies. State Farm to Jevco. M2

[frekeyguy]

im paying about the same as last year

[adri]

wth, I just got a quote from Andrew from cornerstone and they want $3550/year for a CBR125... My 50cc Tomos streetmate r is currently insure by them for $680 a year. ?? under $700 for a 50cc and $3550 for a 125cc, same company, person, options everything... weird huh? Btw I am 19 with an m1.

Your Tomos is a pedal assisted moped, which in terms of insurance is different than a 50cc motorcycle (scooter) would be. Your comparison is a little apples to oranges but you're right to be upset about that $3500 quote. What's your record like?

[jiggatwist]

I am getting shafted here! I'm currently with Nordic and paying $3200 I believe?!

Full Coverage (Fire/Theft, Laib.), Age 23, 1 Minor Ticket; In Leaside.

For a 2000 GSXR 600.

[optionfa]

You're in DT T.O. uder 25 and ride a SS, expect to pay 3grand ish =/