Insurance drop after a year in Ontario? | GTAMotorcycle.com

Insurance drop after a year in Ontario?

whatwhy

New member
I'm debating upgrading next season to a bigger bike (fz6, sv650, or even a DRZ400) or doing work over the winter if upgrading isn't an option. My insurance guy said there are too many factors for him to tell me what it will drop to next summer but my record is still clean .
So how much did yours drop after a year if it all?

For the record i have my M2, 22 year old male, and im with aviva
 
Mine dropped from $3500 -> $1950 -> $1450 on a CBR125 (I didn't ride the first year). Sitting on my 4th year on a ninja 300, my premium sits at $1550/yr in 12 payments.

Note: I have an at-fault claim in a car on my record.

It also varies drastically depending on where you live and what your coverage is, and what your deductible is. My rates are for $1M liability, fire and theft, and vandalism. Deductible of $500.
 

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