Quote Originally Posted by Mystique View Post
Not too sure about the whole statistical data you're providing there. I'll definitely shop around again when the big 3-0 hits.
The vast majority of insurers in Ontario define their best risk class as 25yo+ (with the except of the TD companies). There may be other companies that use 30yo, but they are definitely the exception to the norm. Generally, once you reach 25yo, your rate will no longer decrease as a result of your increasing age.


Quote Originally Posted by Mystique View Post
It's not just the age, it's the risk category being female and maintaining a clean driving record is also key and since I'm with State Farm, I've also insured a few other things with them as well.
Once you are 25yo, your gender doesn't factor into your rates any more. The key drivers of your Auto/Motorcycle rate when you are 25yo+ (in no particular order) is:

  • Years Licensed
  • Years At-Fault Claims Free
  • Convictions History
  • Discounts (Multi-product, Multi-vehicle, Renewal, etc.)
  • Geographic Location (although more of an impact to Auto Ins than Bike Ins.)
  • Vehicle Use (Pleasure, Commute, etc.)
  • Annual Mileage
  • Motorcycle Class (Sport, Cruiser, etc.)
  • Auto/Motorycycle Displacement
  • Statistical Frequency/Severity of Auto/Motorcycle claims for your particular model
  • Level of Coverage (Liability Limit, Collision, Comprehensive, etc.)