Start insurance end of riding season?

[DR.ZED]

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Had an injury that has healed a lot quicker than I anticipated.

6 weeks ago I pulled the insurance off the bike thinking I wasn't going to be on it for the year.

Turns out I'll be ready in about 4 weeks.

What are my options? Full premium right now for the balance of the year?

 

[Sushii]

Had an injury that has healed a lot quicker than I anticipated.

6 weeks ago I pulled the insurance off the bike thinking I wasn't going to be on it for the year.

Turns out I'll be ready in about 4 weeks.

What are my options? Full premium right now for the balance of the year?

Your premiums wont really change unless your birthday is coming or a ticket/conviction is going off your record. If everything is staying the same, i doubt your rates would change much.

E.G. Lets say your rate is $1500/year

It should be roughly the same regardless if you start from now (2011) to next year (2012) July 4th or December 1st (2011) till next year December 1st (2012).

 

[DR.ZED]

Okay, so I still have to come up with the $950 right away, or quarterly I guess?

Is there a bike insurance company comparible to Jevco at $950 that I can pay quarterly or monthly?

 

[Sushii]

Okay, so I still have to come up with the $950 right away, or quarterly I guess?

Is there a bike insurance company comparible to Jevco at $950 that I can pay quarterly or monthly?

Jevco offers 4 Payments, TD offers 7 payments i think and statefarm offers month to month. So give them a try.

Just because its 4 payments doesn't mean its quarterly though, they want it consecutively.

 

[smergy]

depending on what your policy is, I just went through this with SF, in May I put insurance on a new bike, but since they are 6 month policies, the first 6 months is extra $$ b/c its during riding season. So even though I pay about $1200 a year, its really $1000 during the summer 6 months and $200 during the winter. They told me it was $100/month billed monthly. Boy was I surprised at the first couple bills. They'll use the extra premium paid in winter months to cover the following year summer months, but not vise versa, so just a heads up.

 

[Sushii]

depending on what your policy is, I just went through this with SF, in May I put insurance on a new bike, but since they are 6 month policies, the first 6 months is extra $$ b/c its during riding season. So even though I pay about $1200 a year, its really $1000 during the summer 6 months and $200 during the winter. They told me it was $100/month billed monthly. Boy was I surprised at the first couple bills. They'll use the extra premium paid in winter months to cover the following year summer months, but not vise versa, so just a heads up.

Yep and this is why you sometimes owe them money if you cancel before your policy expiration date.

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