Factors that Affect your Motorcycle Insurance Premium



Results 1 to 5 of 5

Thread: Factors that Affect your Motorcycle Insurance Premium

  • Share
  • Thread Tools
  • Display

Threaded View

Previous Post Previous Post   Next Post Next Post
  1. #1
    VifferFun's Avatar
    Join Date
    Jul 2008
    Location
    West of Toronto
    Posts
    7,486

    Exclamation Factors that Affect your Motorcycle Insurance Premium

    Hey Guys,

    There's a LOT of information and misinformation here on GTAM about what impacts your motorcycle insurance premium. I have put together a couple of tables of rating variables that can affect your premium. Your motorcycle insurance premium is determined based on a COMBINATION of many different rating variables. To get that absolute lowest rate possible, you would have to be the best within every category (some which may not be within your control).

    Hopefully this will put to rest the hundreds of repeated questions asked every season.

    Enjoy!


    Variables with Larger Impact:
    http://i982.photobucket.com/albums/a...g?t=1312474908


    Variables with Smaller (or ZERO) Impact:
    http://i982.photobucket.com/albums/a...g?t=1312475304



    Can anyone tell me why these Photobucket Pics are showing at 50% instead of full size?




    Last edited by VifferFun; 08-04-2011 at 12:29 PM.
    I'm an Actuarial Analyst for a Major Canadian Insurance Company. I analyse claims patterns to determine overall rate changes, as well as relative premium differences by various risk characteristics (eg. age, experience, claims, convictions, usage, etc.)

    Unless it's private, please post insurance-related questions in the forum rather than sending me a PM.

    Current: 2001 Suzuki GSXR1000 (4th Season)
    Previous: 1996 Honda VFR750F (4 Seasons)
    Previous: 1998 Kawasaki Ninja EX250 (3 Seasons)

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •