Frustrated with Quotes

[jeffjones]

Yes I realize that. But they're never going to find out.

Yes they will never find out until you need them and then you get charged with insurance fraud and the little bit you saved has to pay for your repairs when they cancel your claim and put an insurance fraud flag on your record.

[Berreta]

Are you riding without insurance?

OP, try TD Insurance and try an online quote first here.

I'm not riding. I'm getting insurance for my bike in 2 months (after I turn 21 in may). Got my bike a year ago and found out you need to be either 21 or have M1 for a full year. Didn't have either.

[invictus43]

Yes I realize that. But they're never going to find out.

Good luck with that.

[tricky]

OP, did you try TD Molloche Monnex? You might get a discount because you're a student. They do 12 payments too, so that can ease the burden

[GateKeeper]

Well I'm sure HE'S an expert in insurance... Sigh.. If you give a false address and your insurance company finds out you lied, that's called insurance fraud.

Yes I realize that. But they're never going to find out.

They match your drivers license and the address on it, to what you tell them and if it don't match, they will use the one from your DL, every now days is computerized and interconnected, they will find out, and know about

[Two50noob]

Yes I realize that. But they're never going to find out.

Yea people get charged with this type of fraud all the time. List the posted above me said they match your drivers abstract info when they run your initial check. Even if that does not have the address on it and you manage to get insurance with the fake address you will have a Drivers licenses and insurance documents without matching addresses. If you get pulled over that’s a fine they HAVE to match and that’s when you will get caught

So yea you might get away with it but most likely you won’t even be able to do it and if you can your risking some massive financial penalties not to mention being flagged for fraud.

[Two50noob]

Yea people get charged with this type of fraud all the time. List the posted above me said they match your drivers abstract info when they run your initial check. Even if that does not have the address on it and you manage to get insurance with the fake address you will have a Drivers licenses and insurance documents without matching addresses. If you get pulled over that’s a fine they HAVE to match and that’s when you will get caught

So yea you might get away with it but most likely you won’t even be able to do it and if you can your risking some massive financial penalties not to mention being flagged for fraud.

To quote an insurance broker from another thread

"you want ownership, driver's licence, and insurance slips all to match for address. Simply tell your company where the bike is garaged, and they will override the postal code in the policy, thereby rating it for the correct location. With some motorcycle companies, they only distinguish between rural and urban areas - so it makes sense that North York and Thornhill are the same price. Auto insurance is a whole other story... I've had clients move down the street and premiums jumped or dropped significantly! Always call broker/company ahead of moving when dealing with car insurance - It might influence where you move if your auto insurance is a big chunk of your monthly budget."

You can however Garage your bike at a different location. However if you lie about were you store it .. Still insruance fraud.

[Corey McNeely]

I have worked in insurance claims for about 3-4 years (now doing sales) and can tell you without doubt, that we can find out if you are trying to fix your insurance. With the internet, there are many ways to confirm information and many ways of asking questions without it looking like we are to catch you on something. Remember that you decide to lie to your insurance company you have to keep all your storiess straight. They document every call you make and keep all documents you send to them. Very few people get away with it.

Also I would not take insurance advice from your driving instructer, police or anyone else. When you are sick do you ask your real estate agent what to do?? no you ask the person who knows. Same with insurance.

[Bweixz]

hmm i reside at waterloo and thornhill but i just told them to put down my waterloo address. I am living back and forth for 4 month periods, am i supposed to notify them every 4 months my address is changing . . . since i will be bringing my bike back and forth.

[Two50noob]

hmm i reside at waterloo and thornhill but i just told them to put down my waterloo address. I am living back and forth for 4 month periods, am i supposed to notify them every 4 months my address is changing . . . since i will be bringing my bike back and forth.

I would say it would come down to were it is the MOST but its a question for your insurance people and they might want to to default to were your address is.. IE on your drivers permit

[unL33T]

Great idea until you get caught.

Agreed. I'm moving to Toronto and my insurance is going to go up by over $400 per year. All my friends keep telling me to just leave it as my parents' address but I don't want to risk having my coverage dropped in the event of an accident.

[Hachi-Roku]

I have worked in insurance claims for about 3-4 years (now doing sales) and can tell you without doubt, that we can find out if you are trying to fix your insurance. With the internet, there are many ways to confirm information and many ways of asking questions without it looking like we are to catch you on something. Remember that you decide to lie to your insurance company you have to keep all your storiess straight. They document every call you make and keep all documents you send to them. Very few people get away with it.

Also I would not take insurance advice from your driving instructer, police or anyone else. When you are sick do you ask your real estate agent what to do?? no you ask the person who knows. Same with insurance.

If I Change my License info
and my Mailing address with the Post office

Please tell me how you can "without doubt" know I'm not actually staying at a Friends house When not at home

[unL33T]

Also I would not take insurance advice from your driving instructer, police or anyone else. When you are sick do you ask your real estate agent what to do?? no you ask the person who knows. Same with insurance.

The cops are the worst. They always act like they know what they're talking about, too. Any time I've been in an accident that the cops got called to they told the people involved completely incorrect information.

[jeffjones]

If I Change my License info
and my Mailing address with the Post office

Please tell me how you can "without doubt" know I'm not actually staying at a Friends house When not at home

If you have absolutely no bills under your name it would be hard to prove.
Will you be claiming on your taxes that you live at the address of your insurance?
Do you not pay rent, mortgage?
They would wonder why you are paying Hydro, Rent, TV, Phone etc for a place you "don't live at" if you have any bills under your name?

[Two50noob]

If you have absolutely no bills under your name it would be hard to prove.
Will you be claiming on your taxes that you live at the address of your insurance?
Do you not pay rent, mortgage?
They would wonder why you are paying Hydro, Rent, TV, Phone etc for a place you "don't live at" if you have any bills under your name?

This. You seem to be under the impression you cant get caught. Will you? Probably not... Can you ? Absolutly? If you do are u willing to pay the financialy burden that will be put upon you? Risk VS reward

[Corey McNeely]

You would also be surprised how many people leave wonderful bits of information on their MySpace, Linkedin, Facebook, Twitter accounts. Also people don't usually care to send their 10,000 cheque to a friends house. You get into an accident, do you think your mind is not preaccompied with the accident or theft that you can keep up with your lies?

[djbordie]

state farms rate with just the bike will be your best bet. similar to the ninja 250 rate, $1100/yr

call sandy mckenzie state farm google...talk to heather

[VifferFun]

if you have any friends that go to school outside the city or family that live outside the city, like london, waterloo, hamilton... change your address to that address and their will save you some money. If i do decide to do that, my quote will go down to $3000 a year almost.

I know another friend thats quoted 400$ a month for his address in toronto but $300 a month using his address in waterloo

this might help you save a bit... hope it helps!

That is insurance fraud.

[VifferFun]

hmm i reside at waterloo and thornhill but i just told them to put down my waterloo address. I am living back and forth for 4 month periods, am i supposed to notify them every 4 months my address is changing . . . since i will be bringing my bike back and forth.

Where is the bike garaged the most during the riding season? That is the address you should use.

[VifferFun]

I have been talking to brokers and comapnies all morning, and all of them have been very unhelpful. I am starting to get very disheartened. I am getting quotes from $3800-$4500 All I want to do is insure my bike, so I can ride.

Anyone know of a insurance company, broker or agent that is easy to deal with and would give me a cheap quote and insurance. Maybe one that gives discounts?

My Stats,

I am 21 years old. I am a female. I have had my Full G for about 5 years. I have no tickets, but 2 parking lot accidents in the last 10 years both were partial fault. I am a student and I work for a company with a union. I just got my m2 license last week. I am trying to insure a Honda Cbr250.

Any help is appreciated.

How many at-faults (partial or otherwise) have you have in the last SIX years? If both your claims were in the last six years, you are going to have a heck of a time finding affordable insurance. Even if just one was in the last six years, it will be tough. You are young, so two at-faults on your record is a really big deal.