buying used bike. . . do you just put on old plates and go stealth?

Same as I buy a car. I have insurance and valid plates before I ever pick up the vehicle...
 
I actually recently bought a new bike. I called my insurance and they said that since I still have insurance under my old bike, insurance would also apply to the new bike for a 48hrs period (or something like that). Anyway, he didn't give me any hassles about it. When I sold my first bike, the guy who bought it did the same thing. He slapped on his old plates and told me that he called insurance to let them know what he was doing and they were ok with it.
 
Having valid insurance and valid plates are 2 different things that are only kind of related. Why not just go get valid plates if you have insurance?
 
mahnoy said:
I actually recently bought a new bike. I called my insurance and they said that since I still have insurance under my old bike, insurance would also apply to the new bike for a 48hrs period (or something like that). Anyway, he didn't give me any hassles about it. When I sold my first bike, the guy who bought it did the same thing. He slapped on his old plates and told me that he called insurance to let them know what he was doing and they were ok with it.
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I was told by my broker that it will fall under newly acquired vehicle. I just googled it and straight from TD insurance they say;

Purchasing a new car
If you currently have a policy, your new automobile will be covered by the insurance company under the same terms. This only lasts 14 days from the date of purchase. So if you've bought a new car, contact us. We'll help you update your insurance policy.
 
RedDogDarren said:
Then just make a 2 minute phone call to your broker, get insurance, and risk the $125 with no further repercussions if you deem it worth it. Get a temp permit a bit later if you don't want to risk the $125.

This is a no brainer.
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+1. The highest damage to your wallet and record is for getting caught with no insurance, which is easily fixed with a simple phone call once you have the VIN.

Sure, it takes a whole trip to Service Ontario to get proper registration and plate, but there is no excuse for riding it home with no insurance considering that any respectable company will email you a "proof of insurance" slip within minutes of notifying them of your new purchase.
 
You have to go to the MTO to transfer ownership, anyway, just get the plate while you're there.
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