hi guys new to motorcycling, is it true that motorcycle insurance is fairly inexpensive the first year, but the next year your insurance company will jack up the premium? my buddy is a rider and is paying 70 bucks right now, he is a new rider. but next year he'll probably be paying about 200 bucks a month. is this the case for you guys?
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Insurance true or false
- Thread starter 1500_cc
- Start date
usually it is the other way around, i paid 1/2 as much in my second year of riding.
Tiggy
Well-known member
negative. Insurance for the first year WILL be expensive if you have no previous exp. and yes, it could go up, but it could also go down. There are many factors that determine the outcome of insurance, bike size,age& experience,type of bike, etc etc. either way bike insurance is not "cheap".
rideitlikeyoustoleit
Well-known member
False
False.
My quoted at 2500 this year for a GS500F. I'm 24, perfect driving record, held my G license since I was 18. I asked them if I were 25 this year and I had my M2 license for a year, how much would my insurance be? They told me 1100. This was consistent across kanetix.ca applications, the Druffry dude or whatever, and the Cooperators.
My quoted at 2500 this year for a GS500F. I'm 24, perfect driving record, held my G license since I was 18. I asked them if I were 25 this year and I had my M2 license for a year, how much would my insurance be? They told me 1100. This was consistent across kanetix.ca applications, the Druffry dude or whatever, and the Cooperators.
outkastland
Well-known member
False, what the rest said.
This. My first year is $120/month, 2nd year, barring I don't get in an accident will be $70/month. And that's high because I let my G2 expire 6 years ago and didn't get my G1 back until I got my M1.
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