It is possible to go under their adress on insurance/ is it legal to ride in gta on a daily basis and have the insurance under their adress ??? Yes and Yes but u will have to register the bike under that adress.
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Last edited by barrebeast; 05-03-2012 at 09:05 AM.
It is possible to go under their adress on insurance/ is it legal to ride in gta on a daily basis and have the insurance under their adress ??? Yes and Yes but u will have to register the bike under that adress.
The rates vary by region because claims vary by region. You must tell the agent/broker where your bike is garaged the majority of the riding season, which is Toronto and not your parents' home. It doesn't matter where your bike is registered or anything else people may tell you. Lying to your insurer is fraud and can result in the denial of any claim you might need to make in the future (and insurance companies are pretty good at finding out when people are lying, especially when your claim is in Toronto but you say that you live in Waterloo).
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.
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Someone else looking to beat the insurance company. How novel.
Do a search and you see this question get's asked every spring, for the same reason you are and the same answers are given. Usually to the OP's annoyance.
And honestly he's just saying what most people think when they read these threads .
BTW if you do register the bike at your parents address make sure no one in the house has their bike license and a worse record than yours. Your rates will be based on the highest risk rider in the house.
u guys, so cool
see you in the streets
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