m2 to full M

D

Double_J

Member
Next year I will be moving to a full M. I was curious what sort of rate decrease can I expect? Does a 10% drop sound reasonable?

I know there are many factors that impacts insurance premiums. that is why I am going by percentage.
 
I didn't get any drop when I went from M2 to M. If any drop in premium occurs next year it may be because you have an additional year of riding experience.
 
Same here. I called Riders Plus last year to tell them I was newly married and fully M-licensed. Guy was like "Oh okay." No change. Bastids.
 
Intact told me once I get my full M to let them know and they will apply a 10% discount.
 
No change for me when I got mine -- That said, I am learning now some insurance companies seem to provide discounts to riders who have had a full M for 4+ years.
 
You know you're no longer young when you pay $700/yr on a gsxr750, lol

Yolo!
Hola!
 
conundrum said:
No change for me when I got mine -- That said, I am learning now some insurance companies seem to provide discounts to riders who have had a full M for 4+ years.
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Hey,

I know with Allstate you can get a 30% discount (Elite Rider Discount) when you have had your M license for 4+ years and have a car with us.
 
From what I was told, by an insider who works in the industry, for the most part you need to go into your policy with an M for most companies. So if you want the discount of having a full M you may need to switch companies.
 
Most companies don't give a discount going from a M2 to M license.
Motorcycle insurance is different from car insurance, motorcycle it's all about a clean record and years of experience without any claim
 
Nice handle, playing on my lawn Eh! Going to get messy around here.....:agave:
 
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With M, more Insurance companies will be willing to issue you a policy, less companies give insurance to M2 holders (for example RBC requires you to have full M). Price drop will depend on years of insurance, claims, tickets etc.
 
samurai said:
With M, more Insurance companies will be willing to issue you a policy, less companies give insurance to M2 holders (for example RBC requires you to have full M). Price drop will depend on years of insurance, claims, tickets etc.
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Rbc is full M plus insurance for 3 years or at lead that's why I was denied insurance.

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Boots said:
Rbc is full M plus insurance for 3 years or at lead that's why I was denied insurance.

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Yes correct, very reasonable insurance for CBR1000RR with discounts if you have car and home with them
 
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