read only is ur insurance inclined, no bogus :)

[salamonbandit]

Iam getting a blue suzuki bandit 650s 02' from my uncle
the thing is, the bike is under my uncles name(ownership). is there anyway we could make it a duel ownership or something like that so i dont have to ride under his insurance?


iam 18 years old, male, m2/g2. no driving infractions/violations.
where do you guys think or who should i call,
what do you guys beleive is a good price,
i want to get out and ride early this spring ,
doesnt everyone!

even a 1984 Maxim 400, i wish i could get my hands on one of those. quote + price,

i don't any quick replys, so yea take ur time writting them. everything and anythign would be appreciated.

cheers guys and galls.

[DarylMac]

just call up some brokers, theres a nice list of em on the main insurance forum, and ask, never hurts to ask. I have a 88 600 katana and im lookin at 2k$ a year for 200,000$ liability only :S

[eastcoast_gsx]

Jesus christ, when did Ontario do away with reading and writing tests?

PS: Welcome

[menglor]

I think you could get away with being on his policy if you live in the same house.

as for the reading / writing thing, Some people have learning disabilities, but if your posting online, you could try using a spell check before posting.

[Avi Singh]

Iam getting a blue suzuki bandit 650s 02' from my uncle
the thing is, the bike is under my uncles name(ownership). is there anyway we could make it a duel ownership or something like that so i dont have to ride under his insurance?


iam 18 years old, male, m2/g2. no driving infractions/violations.
where do you guys think or who should i call,
what do you guys beleive is a good price,
i want to get out and ride early this spring ,
doesnt everyone!

even a 1984 Maxim 400, i wish i could get my hands on one of those. quote + price,

i don't any quick replys, so yea take ur time writting them. everything and anythign would be appreciated.

cheers guys and galls.

First off, the insurance has to be in the name of the registered owner. In order to purchase any type of insurance the onus is on you to prove you have an "insurable interest" in the item being insured.

Legally if something happens to your "uncle's" bike you have lost nothing. There is no financial implication to you. So you can not insure a bike belonging to him. Likewise I can not insure someone else's home, or a life that I have no interest in.

[mat2312]

First off, the insurance has to be in the name of the registered owner. In order to purchase any type of insurance the onus is on you to prove you have an "insurable interest" in the item being insured.

Legally if something happens to your "uncle's" bike you have lost nothing. There is no financial implication to you. So you can not insure a bike belonging to him. Likewise I can not insure someone else's home, or a life that I have no interest in.

then how do insurance companies get away with insuring other insurance companies

[rukus]

then how do insurance companies get away with insuring other insurance companies

Quis custodiet ipsos custodes?

[Avi Singh]

then how do insurance companies get away with insuring other insurance companies

The insurance company is buying insurance for itself not for another company.

[mat2312]

The insurance company is buying insurance for itself not for another company.

So why can't he buy insurance for himself to use that motorcycle?

[Avi Singh]

So why can't he buy insurance for himself to use that motorcycle?

Because he doesn't own it. Legally speaking if the bike is stolen, he isn't the owner, so he has no financial interest in it, He's lost nothing, but his uncle has.