Chris-CJ
Well-known member
What is the amount of liability coverage that you recommend I have on my motorcycle policy?
Liability insurance provides protection against damage you inflict on other people and their property, but does not cover any of your own damages and is a mandatory coverage. Ontario's requirement is $200,000 in liability coverage on a vehicle insurance policy.
Currently I have $1,000,000 and my broker is recommending that I increase this to $2,000,000 and this will increase the premium.
Even though the increase is not a large amount, every penny counts.
I ride a street bike and mostly during daylight hours and the mileage per year will not exceed 10,000 km.
Reference: What is Liability Car Insurance? | BrokerLink
Liability insurance provides protection against damage you inflict on other people and their property, but does not cover any of your own damages and is a mandatory coverage. Ontario's requirement is $200,000 in liability coverage on a vehicle insurance policy.
Currently I have $1,000,000 and my broker is recommending that I increase this to $2,000,000 and this will increase the premium.
Even though the increase is not a large amount, every penny counts.
I ride a street bike and mostly during daylight hours and the mileage per year will not exceed 10,000 km.
Reference: What is Liability Car Insurance? | BrokerLink