Just got quotes from Co-operators for my 76 CB750 F and my 68 CD125. $121 and $114 respectively.
Max 3000kms per year and no commuting. Since these bikes are for plunking around, not pounding big miles and as I'm retired there is no commute.
Their online quote won't allow you to enter a year older than 1991, so I'm guessing you called in? Or did you use a broker? Did they need you to get an appraisal?
The general consensus of the CVMG group I belong to is that you need to contact a broker at Co-operators for vintage insurance.
Not all brokers offer this policy.
No appraisal is needed because there is no collision coverage.
I have my 1980 V50 Moto Guzzi covered by this policy.
Even when I last renewed a mortgage my banker advised he was authorized to give a better rate than you will get online.
Their online quote won't allow you to enter a year older than 1991, so I'm guessing you called in? Or did you use a broker? Did they need you to get an appraisal?
My buddy had this on his bike and he sent contact info. I called them and got a quote after submitting some basic data on me and the bikes. They need pics and ownership to get the policy and an apprasial if you want comp.
The general consensus of the CVMG group I belong to is that you need to contact a broker at Co-operators for vintage insurance.
Not all brokers offer this policy.
No appraisal is needed because there is no collision coverage.
I have my 1980 V50 Moto Guzzi covered by this policy.
Even when I last renewed a mortgage my banker advised he was authorized to give a better rate than you will get online.
I had no collision coverage with NFP/Echelon and they required an appraisal. However I did have comprehensive, which is an absolute must (for me). So which brokers offer it that you know of?
I had no collision coverage with NFP/Echelon and they required an appraisal. However I did have comprehensive, which is an absolute must (for me). So which brokers offer it that you know of?
See Toni McEathron, LLQP | Associate Financial Advisor (Toni_McEathron@cooperators.ca)
Chad Buell & Associates Inc | Co-operators 96 College St W Belleville ON K8P 2G5
Tel: 613 966-5055
This is who a lot of Eastern Shield Division CVMG deal with.
I did not need an appraisal just ownership and drivers licence to prove number of years with
motorcycle operators permit (predates M designation)
Ontario records don't even go back to when I got mine in1968.
Just got quotes from Co-operators for my 76 CB750 F and my 68 CD125. $121 and $114 respectively.
Max 3000kms per year and no commuting. Since these bikes are for plunking around, not pounding big miles and as I'm retired there is no commute.
Go to an insurance broker and talk to a real person preferably some one over the age of 40.
There is no reason a serial number does not work if it is registered vehicle.
The members of CVMG do this all the time.
F$#K AI and its close relative AS (Artificial Stupidity)
This is the world we now live in.
Companies are shedding the top paid personnel and replacing them cheaper labour.
The problem is the loss of knowledge that go with experienced employees.
When you say you called where you actually talking to a real person?
Where you talking to someone at a call centre that has a list of 6 answers to all requests?
Make an appointment to see a real person and if they do not have the answer ask for their superior.
I am old, grumpy and when I die the world may be a better place.
FWIW My '66 350 is insured with Aviva through NFP brokers for $368 on an appraised value of $6500. The appraisal is good for 10 years and I may expire before it does. Unfortunately my appraiser has retired.
FWIW My '66 350 is insured with Aviva through NFP brokers for $368 on an appraised value of $6500. The appraisal is good for 10 years and I may expire before it does. Unfortunately my appraiser has retired.
From my original 'notice of new appraisal requirement' email from March 2021
"Moving forward, Aviva will require an appraisal every 10 years if valued under $15,000 and every 5 years if valued more than $15,000. The motorcycle must be appraised by an independent expert, authorized dealer or a restorer specializing in this class of vehicle. The appraisal must include colour photographs. Please note appraisals provided by the Ministry of Transportation are not acceptable."
Their policy may have changed but I have had no further requests for appraisals since 2021.
From my original 'notice of new appraisal requirement' email from March 2021
"Moving forward, Aviva will require an appraisal every 10 years if valued under $15,000 and every 5 years if valued more than $15,000. The motorcycle must be appraised by an independent expert, authorized dealer or a restorer specializing in this class of vehicle. The appraisal must include colour photographs. Please note appraisals provided by the Ministry of Transportation are not acceptable."
Their policy may have changed but I have had no further requests for appraisals since 2021.
I got the same "notice of new appraisal renewal" from Aviva a couple years ago as well. I couldn't find an appraiser in the Niagara Peninsula and when i informed them of that they told me that they would continue to insure me but would knock $250.00 off of the previous value of $7500.00.
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