Insuring Multiple Motorcycles | Page 2 | GTAMotorcycle.com

Insuring Multiple Motorcycles

Xhumeka

Well-known member
A Grom shouldn't be in the same price category -- probably not worth your hassle to switch ever time you want to change rides.
Good point - I also have multiple bikes under one policy, and when I added the '82 CT 110 to the policy it only increased by like $150/yr. I don't have collision on it though, so keep that in mind.
 

Relax

Well-known member
If you go this route make sure your property insurance covers theft/fire on the bike(s) that you currently aren't insuring through your auto.
I can't remember if I was with State Farm or converted to Desjardins at the time, but my agent told me my home insurance does not cover a vehicle, even if it's inside the house, nevermind the garage. If yours does, please let me know which one. I have searched high and low for any insurer that can cover the bikes I don't ride on the street for fire/theft. I do have one grandfathered policy from State Farm for one of my Hawks that was "parked" (suspended liability, accident benefits, etc. but kept fire/theft/vandalism) and never put back on the street, so at least it's covered.
 

GreyGhost

Well-known member
Site Supporter
I can't remember if I was with State Farm or converted to Desjardins at the time, but my agent told me my home insurance does not cover a vehicle, even if it's inside the house, nevermind the garage. If yours does, please let me know which one. I have searched high and low for any insurer that can cover the bikes I don't ride on the street for fire/theft. I do have one grandfathered policy from State Farm for one of my Hawks that was "parked" (suspended liability, accident benefits, etc. but kept fire/theft/vandalism) and never put back on the street, so at least it's covered.
FWIW TDMM sent me a certified letter cancelling the policy on a vehicle I left "parked" for too long. Apparently they need liability on for at least four months every year but only occasionally audit their files to see who has been parked too long. Once they flag your file, there is no way to keep that vehicle insured with them, it is out. If you want it back in, you need to reapply, get a new appraisal . . . .
 

Relax

Well-known member
I guess we’ll see with Desjardins, but it’s been “parked” for 3 years so far. My agent said if I try to make any changes to that policy the system will automatically add liability back on and I lose the grandfathering. 2 years ago when I wanted to ride it, I bought a separate policy with TD, but didn’t renew after that so now it sits, still covered by Desjardins (Certas actually).
 

TK4

Well-known member
I guess we’ll see with Desjardins, but it’s been “parked” for 3 years so far. My agent said if I try to make any changes to that policy the system will automatically add liability back on and I lose the grandfathering. 2 years ago when I wanted to ride it, I bought a separate policy with TD, but didn’t renew after that so now it sits, still covered by Desjardins (Certas actually).
Desjardins/Certas is now part of State Farm. We'll see if anything changes when I try to insure the 1981 Yamaha.
 

Relax

Well-known member
Desjardins/Certas is now part of State Farm. We'll see if anything changes when I try to insure the 1981 Yamaha.
My understanding is that State Farm sold its Canadian insurance business to Desjardins. My State Farm agent is now a Desjardins agent. But my pink slips say Certas as the insurer. Talk about confusing.
 
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Xhumeka

Well-known member
And where does someone get property ins. that covers motorized vehicles?
As I said, make sure yours does if you go this route (assuming you lose coverage on bikes you are "toggling" insurance for). If you're fine losing all coverage on the bike you're not riding then it's no concern.
 

The Bachelor

Well-known member
Site Supporter
My house insurance does NOT cover the vehicles inside the garage. I asked, so now I pay for fire/theft while the car is parked for the winter.
 

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