Anyone use TD Canada Trust Insurance?

[ontheroad]

Anyone using TD insurance ? What are you experiences? Their online quote system seems somewhat useful and competitive. I know other insurance companies are shaking in their boots about the thought of banking insurance providers, and I'm wondering if TD's undercutting temporarily. I've found that multi-vehicle policy quotes seem pretty reasonable....for example my recent quote;

2007 BMW F650GS Dakar...full coverage
2005 Honda CBR1000RR...liability only

$2200 CAD ! That doesn't seem too bad to me. What do you think ?

[Chosen_1]

Anyone using TD insurance ? What are you experiences? Their online quote system seems somewhat useful and competitive. I know other insurance companies are shaking in their boots about the thought of banking insurance providers, and I'm wondering if TD's undercutting temporarily. I've found that multi-vehicle policy quotes seem pretty reasonable....for example my recent quote;

2007 BMW F650GS Dakar...full coverage
2005 Honda CBR1000RR...liability only

$2200 CAD ! That doesn't seem too bad to me. What do you think ?

I just left TD back in Oct/07, IMO that doesn't sound too bad. Beware of their online quotes, realistically without exagerration those online quotes are about 3% accurate. Call and be sure to speak with someone and get confirmation, because they can get a little funny over there.
They had quoted me for my ZX6R $3845 CAD a year lol No accidents, no tickets, clean record and I was 25 at the time. Just giving you heads up, not deterring you, hope that helps in any way.

Good luck

[Blackenese]

if you're over 25 and you got multiple vehicles (car & bike) go with Statefarm, rates are REALLY good. the dude i bought my bike from had $80/month for a CBR600

[shayne100]

Anyone using TD insurance ? What are you experiences? Their online quote system seems somewhat useful and competitive. I know other insurance companies are shaking in their boots about the thought of banking insurance providers, and I'm wondering if TD's undercutting temporarily. I've found that multi-vehicle policy quotes seem pretty reasonable....for example my recent quote;

2007 BMW F650GS Dakar...full coverage
2005 Honda CBR1000RR...liability only

$2200 CAD ! That doesn't seem too bad to me. What do you think ?

on one hand their pro rated system allowed me to get on my bike for less then $300 because i bought in september but on a down note, they were the most expensive in February for my renewal, every one is different. try your best to deal with someone reputable and fair, for me i am switching to Jerry Kaspard and Cornerstone

[Superbman]

I'm with TD on a Queen's U alumni plan. $1100 theft/fire/$500 ded on a gs500f. I'm 24/GM2/1 car at fault in 2003.
I figured that wasn't bad. Just give them a ring, they're pretty helpful

[boundless]

(Generally) It's not TD that'll do the insurance - they have Primmum do it for you. Or if you're getting the quote via university alumni/professional program, you'll probably get Meloche Monnex.

Yes, they're all owned by the same parent company.

And yes, you'll probably get a better price by calling them. The online quote is notoriously inaccurate.

[Arai-ko]

I agree with certain things said above^^^.... you can't be to sure of what they quote you on the on-line service. My best suggestion is to take a day into calling every insurance company out there and get a one on one quote and find out which one works out for you and that what I did...

2007 Hyundai Santa Fe LE
2003 Honda CBR600RR
1996 Honda Prelude SRV
and house insurance... total...
$357 monthly

all under Statefarm Insurance... and "no" it was not a group purchase untill months later after my bike was insured, then I broke everything over from Royal Bank to them.

My bike insurance was with John Duffy 2003 was $1710, and then 2004 they went over 200% at $3475... I said "F" that took a day off work and searched the phone book till what I have today.. and my broker... HE'S awesome.. and ironic thing is his name is NEO... hahahah

[Speedtospare]

if you're over 25 and you got multiple vehicles (car & bike) go with Statefarm, rates are REALLY good. the dude i bought my bike from had $80/month for a CBR600

I will second that.... 06 CBR 1000RR, 33, one 10 km/hr over ticket and I pay 92 a month full coverage.

[Bambaataa]

I'm running away from TD and taking my business to statefarm. TD has my 12 yr old car insured for $2640 (full coverage) and want me to pay $1100 (Liability) for my 2006 GS500F renewal. Tried StateFarm and got a quote which is about $700 cheaper on a bigger and newer SS bike plus i get coverage for the contents of my apartment.

Also Note that TD (meloche monnex) has requirements (Professionally installed alarm, GPS Tracking Device, other things that i don't remember at the moment) before offering/giving you theft coverage on your bike.

From my experience, i can say Statefarm is 1000! times better than TD when getting multiple policies that include a motorcycle.

[mxs]

I left TD last month for State Farm. TD's bike rate they offered to me (38, no tickets at all) was ridiculous and not-negotiable (as per their manager).

I ended up moving all my business to State Farm as it does make sense with the discounts they have in place.


Cheers,

Marek

[kneedragger88]

I am with TD not by choice.
I started with Liberty Mutual which was bought by TD. They quickly closed all the branches and had me dealing with an area office in Markham. Then they closed that. Now I have an 800 number to Halifax. I suspect next I will be talking to a boiler room in India.
The other thing they did that ****** me off was they decided that certrain brands they own would no longer do certain types and just switched me to Primmum (which they also own) to a tune of 35% increase and didnt even tell me.I HATE TD! Everything I do is a pain in the ***** from adding a coverage to getting liability slips is a marathon call to the nice folks down 'ome.
I would switch but my gf has an at fault accident that hasnt gone yet and its killing the rates.
My suggestion is RUN!

[Riceman]

I left TD/Primmum a couple years ago for PC insurance, $190/month covers my car the old ladies van our house and my 05 gixxer 1k.....

[Lightcycle]

I left TD/Primmum a couple years ago for PC insurance, $190/month covers my car the old ladies van our house and my 05 gixxer 1k.....

I guess North Bay is not as bustling with bike and car thieves as Toronto is. And you'd more than likely get into a fender bender with a moose or a tree than another vehicle up there!

[psycho44]

TDCanadaTrust online quoted me $999 for my 2001 Tomos Targa moped. 5 times the cost of my bike lol.

But they have this "Pay-As-You-Ride" program where you spread your premium payments over the riding season.

Does any other insurance provider have this option?

[ontheroad]

Hey All ! Thanks for the tips ! I've been with Kingsway for the past few seasons. At the time, I didn't want to move all my insurance to SF, so I went with them. I'm 34 with a spottless record, so my premiums are pretty low, just thought I'd get some second opinions on TD ! Thanks for your help. Based on the customer service feedback from TD, I think I'll be steering all my coverage over to StateFarm !

[mehsham]

I just got insurace last week for 03 yahama r6. I just turned 25 and through statefarm i got 1225 full coverage for one year. I don't have teh summary on me right now hoever if memory serves me right, below are the breakdown

- 1000 dollars deductible ( my fault then pay first 1000 and rest by insu)
- 500 stolen (if bike stolen first 500 i pay and rest covered by insurance
- 1 million dollar liability (incase someone sues my ***)
- 500 fire (500 i pay and rest by insurace)
- best party - pay monthly and if you bring your car, house.. as said before u will even land up with a better deal.

Please pm me if you want my brokers info.. he was very pleasant to deal with and covered me right away.

Faisal