To the specialists...



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Thread: To the specialists...

  1. #1

    Join Date
    Oct 2009
    Location
    Richmond Hill
    Posts
    242

    To the specialists...

    I think a friend of mine is paying far too much for insurance, although because my bike is the only insurance I've ever been responsible for, I don't really have anything to compare it to. He's 21 with his G2, has one conviction, and is financing a 2006 Acura TSX. He was paying ~$500/month, and I just heard it went up, so I decided to throw it out there. Does that sound about right? I know this is gtamotorcycle but I'm hoping you guys can shed some light on this. It just seems incredibly high to me!

  2. #2

    Join Date
    Apr 2008
    Location
    Stouffville
    Posts
    174

    Re: To the specialists...

    Tell him to shop around.

    Try quoting on www.kanetix.ca . This will give him quotes from various insurance companies. Also tell him to contact an insurance broker for quotes as well. When I first stated driving, I just went with the insurance company that my parents were with then later switched to the insurance company that I worked for. It was not until a few years ago when I was shopping for bike insurance that I looked at my auto premiums. I found that shopping around saved me money.

    Each insurance company has different rates geared towards certain target markets. He needs to find the company that wants him as a customer; you can tell this by their lower rates.

    Keep in mind that rates change year to year and he should shop around for prices at every renewal.

  3. #3
    Avi Singh's Avatar
    Join Date
    Apr 2006
    Location
    Toronto
    Posts
    1,342

    Re: To the specialists...

    Quote Originally Posted by joelsephstalin View Post
    I think a friend of mine is paying far too much for insurance, although because my bike is the only insurance I've ever been responsible for, I don't really have anything to compare it to. He's 21 with his G2, has one conviction, and is financing a 2006 Acura TSX. He was paying ~$500/month, and I just heard it went up, so I decided to throw it out there. Does that sound about right? I know this is gtamotorcycle but I'm hoping you guys can shed some light on this. It just seems incredibly high to me!
    He can call some brokers. The more companies a broker has, the better a job they're able to do.
    Twitter @Avi_Singh_
    www.avisingh.com

  4. #4

    Join Date
    Mar 2007
    Location
    Markham
    Posts
    618

    Re: To the specialists...

    Quote Originally Posted by joelsephstalin View Post
    I think a friend of mine is paying far too much for insurance, although because my bike is the only insurance I've ever been responsible for, I don't really have anything to compare it to. He's 21 with his G2, has one conviction, and is financing a 2006 Acura TSX. He was paying ~$500/month, and I just heard it went up, so I decided to throw it out there. Does that sound about right? I know this is gtamotorcycle but I'm hoping you guys can shed some light on this. It just seems incredibly high to me!
    bellair direct should be much cheaper, but shop around everywhere

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