Jevco has modified their sport bike surcharge list. The below listed Ducati & Aprilia bikes will be surcharged. All others will be considered standard and not subject to a surcharge. Jevco previously classified all Ducati & all Aprilia (except the Scarabeo) as sport bikes subject to surcharge...
I've got some good news and bad news with regard to the sport bike list. The good news is that only the below listed Ducati & Aprilia bikes will be surcharged. All others will be considered standard and not subject to a surcharge. Jevco previously classified all Ducati & all Aprilia (except...
The overall average increase will be 7.3%. How that breaks down we do not yet know. My speculation would be that younger more inexperienced riders may see a little more and older more experienced riders a little less than the average. As I mentioned earlier if you are in a position to proceed...
The 5% loyalty discount would apply to those that have had their bike insurance with Jevco for two or more years. It would not become a 10% discount after an extended period.
The 2011 rating manual will be out shortly with an effective date of May 1st for new business and June 10th for renewal business. Below are some highlights:
1) An average 7.3% rate increase. This is an average. Some may see a little more and others a little less. Details to follow. Although the...
I think we're all hopeful the lower ab limits will actually have some beneficial impact premium wise. The ab changes were implemented for new business last Sept 1st so we really won't know their impact until the end of the riding season.
The 2011 rating manual will be out shortly with an effective date of May 1st for new business and June 10th for renewal business. Below are some highlights:
1) An average 7.3% rate increase. This is an average. Some may see a little more and others a little less. Details to follow...
Jevco only requires that you have had your motorcycle license for one full year including the M1 period to qualify for their Preferred rates. You're best to speak to a Jevco Broker directly in order to receive an accurate quote.
Jevco has updated their rating manual and rates effective May 1st for new business and June 1st for renewal business. Some riders may see an increase, others may see no significant change, and still others may see a small decrease with the advent of a new age 40 rating classification.
No...
On April 6, 2010, A.M. Best upgraded JEVCO’s rating to B++ (Good). This is excellent news for Jevco and their policyholders. It reflects the stability of the company going forward under the new solid ownership of Westaim.
Well obviously that would not be correct. The system does work pretty well. It sounds like your data was not entered correctly. If you continue to have problems call the office. It will take about two minutes to verify your quote on the phone.
There doesn't seem to be a problem. We've been receiving quotes all day. I just completed a test quote and everything appeared to be in order.
Feel free to try again or call the office and we can give you a quote over the phone.
The product name was KPlus. It was designed to compliment the Kingsway General non standard auto product. Kingsway General specialized in the surcharged business and the Jevco product specialized in non surcharged non standard business. An example would be a driver that had a couple of at...
They are currently offering non standard auto insurance in Ontario. Non standard auto insurance means that they specialize in drivers that have difficulty attaining insurance on the standard market due accidents, convictions, and insurance history.
They are an alternative to Facility...
They decided to exempt the 1994 and older super sport bikes from the surcharge several years ago. They have not updated that on a year to year basis; thus 1994 has remained the relevant model year for this exemption.
There is always the possibility that this could change when the rating manual...
Actually prior to the recent merger of Kingsway General and Jevco under the Jevco name; both companies provided motorcycle and non standard auto insurance. In preperation for the merger Jevco wound down their non standard auto insurance program.
Now under the Jevco name both motorcycle and non...
Yes they sold non standard automobile insurance. This means that they specialized in insuring those that have difficulty in attaining insurance through the standard markets due to accidents, convictions and insurance history. This will continue.
They will also be offering commercial...
If you are a current policyholder you will not be affected. The positive news is that Jevco will have strong financial backing which will provide stability and allow them to grow in our market place.
In a province with very few motorcycle insurers this is good news for all motorcyclists.
Kingsway Financial Services Inc. (KFS) issued a press release on January 25th, 2010 announcing that they have entered into an agreement to sell Jevco Insurance to Westaim Corporation subject to certain conditions including regulatory approval.
Westaim invests, directly and indirectly, through...
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