Buy now,store it until the spring ��
|
|
|
Hold On Insurance During Winter?
- Thread starter 2016rider
- Start date
ScorpionT16
Well-known member
The plan is to have 2 bikes next year, and just get 1 good bike now, good gear, and licensing done this year (and save for trips). he's owned over 14-15 bikes in his lifespan, and doesn't want something underpowered nor waste time upgrading year after year.
Like i asked before, what would the advantage to this be, in the long term and would there be any cost savings, since a policy now basically covers next summer with the bonus of some warm day riding now?
Ontariomystic
Well-known member
My policy starts on June 1st each year. I reduce the coverage on 2 bikes to comprehensive usually around October 1st. So only ridden for 4 months, comp for the remaining 8. Should mention I have 4 bikes and the other 2 are insured for the whole year so always something to ride. This works out so give me substantial savings on the 2 which are sport bikes.
cf1340
Well-known member
you can't reduce the riding (driving) coverage but you can drop the collision and/or comprehensive (fire/theft) coverages to save a few bucks.
Last edited:
I doubt you're saving as much as you think you are the way motorcycle insurance premiums are weighted towards the summer months.
PLau
Well-known member
Jan - 2%
Feb - 2%
Mar - 4%
Apr - 8%
May - 12%
Jun - 16%
Jul - 16%
Aug - 16%
Sept - 12%
Oct - 8%
Nov - 2%
Dec - 2%
|
|
|
|
|