G
Guest
·I'M in Canada and i'm 20 years old and i wanna buy zx12r and insurance for my bike should cost about 4-5 grand a year....is there any sneaky ways to make it loweR?
</p>
</p>
What's the cheapest way to do insurance????any ideas?
1 - 18 of 18 Posts
Joined
·
464 Posts
ALIEN HERE <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/alien.gif ALT="0]">
AH NOPE <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/smile.gif ALT="
">
WAIT NOW THAT I THINK ABOUT IT.. THERE IS A WAY REGISTER THE BIKE TO A 97 Y/O PERSON AND CONVINCE THE INSURANCE COMPANY HE IS THE MAIN RIDER <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/laugh.gif ALT=":lol"> <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/roll.gif ALT=":rollin">
YOU LOOK TO BE OUT OF LUCK MAN! BASIC COVERAGE IS THE ONLY WAY TO KEEP IT CHEAP
ALIEN OUT <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/alien.gif ALT="0]">
FAST AS FAST CAN BE YOU CAN NEVER CATCH ME</p>
AH NOPE <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/smile.gif ALT="
"> WAIT NOW THAT I THINK ABOUT IT.. THERE IS A WAY REGISTER THE BIKE TO A 97 Y/O PERSON AND CONVINCE THE INSURANCE COMPANY HE IS THE MAIN RIDER <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/laugh.gif ALT=":lol"> <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/roll.gif ALT=":rollin">
YOU LOOK TO BE OUT OF LUCK MAN! BASIC COVERAGE IS THE ONLY WAY TO KEEP IT CHEAP
ALIEN OUT <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/alien.gif ALT="0]">
FAST AS FAST CAN BE YOU CAN NEVER CATCH ME
</p>Buy a 600.
I'm serious. You are gonna be insurance poor.
Your other option (at least here in the states, I don't know about CAN) would be to pay cash for the bike and then just carry liability.
Anything happens to the bike (like stolen) its your loss. But with the kind of insurance cost you are talking 2 years insurnace would pay for the bike anyway.
"Here, hold my trophy while I kiss your girlfriend."</p>
I'm serious. You are gonna be insurance poor.
Your other option (at least here in the states, I don't know about CAN) would be to pay cash for the bike and then just carry liability.
Anything happens to the bike (like stolen) its your loss. But with the kind of insurance cost you are talking 2 years insurnace would pay for the bike anyway.
"Here, hold my trophy while I kiss your girlfriend."</p>
Buy a house, buy a car, assign the bike to the "pleasure" catagory (7500 miles/year or less), and age by about 5-6 years. That oughta help. <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/tongue.gif ALT="">
Seriously though, you're gonna get hosed no matter how you slice it. You're better off going smaller or older. Heheh, I said "hosed" to a Canadian, eh.
Tim
</p>
"> Seriously though, you're gonna get hosed no matter how you slice it. You're better off going smaller or older. Heheh, I said "hosed" to a Canadian, eh.
Tim
</p>
1. 10+ years rider experience
2. rider safety class w/i last 2 yrs
3. pleasure only vehicle ( less then ___ miles a year )
4. Value the bike / Insure for $______. ( I valued mine @ $9k
thats all they would pay anyways for replacement value,
even if I put it in at 12-15k, they only pay what they can replace it for, so $9k it is)
5.State Farm for me.
( above can be real or fictional it worked for me )
Never Ride Faster Than Your Guardian Angel Can Fly!!</p>
2. rider safety class w/i last 2 yrs
3. pleasure only vehicle ( less then ___ miles a year )
4. Value the bike / Insure for $______. ( I valued mine @ $9k
thats all they would pay anyways for replacement value,
even if I put it in at 12-15k, they only pay what they can replace it for, so $9k it is)
5.State Farm for me.
( above can be real or fictional it worked for me )
Never Ride Faster Than Your Guardian Angel Can Fly!!</p>
Joined
·
2,531 Posts
Safe, does StateFarm allow you to classify the bike as a "pleasure vehicle"? What's it run for you?
When I lived in OKC, my ins. with State Farm was about $180 per yr. for the ZX11 - full coverage. I moved to Houston and it jumped to over $800, same coverage! My 12 costs me about $900+! Can't figure it.
"Take two beers and call me in the morning"</p>
When I lived in OKC, my ins. with State Farm was about $180 per yr. for the ZX11 - full coverage. I moved to Houston and it jumped to over $800, same coverage! My 12 costs me about $900+! Can't figure it.
"Take two beers and call me in the morning"</p>
they are getting me for $57 a month, and yes, my agent put mine down as a " low mile " pleasure vehicle....
I didnt ask and they paid me 2 days, in full after I totaled the green bike, no questions asked.. so Im not rocking tha boat
Never Ride Faster Than Your Guardian Angel Can Fly!!</p>
I didnt ask and they paid me 2 days, in full after I totaled the green bike, no questions asked.. so Im not rocking tha boat
Never Ride Faster Than Your Guardian Angel Can Fly!!</p>
Joined
·
759 Posts
Ask your parents to put it in thier name!!!
CrotchRocket
" I just live my life a 1/4 mile at a time "
9.67 @ 146.99</p>
CrotchRocket
" I just live my life a 1/4 mile at a time "
9.67 @ 146.99</p>
I thought I was going to hosed ( no pun to are friends in the great white north) when I called my insurance co., State Farm. They asked for the vin and bike description/ cc's/ asked if it had a turbo ( not yet <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/smile.gif ALT=""> ) and then quoted $320 for the year with full coverage, collision and liability, same coverage have on my truck and tart cart ( mini van). Not bad for NJ.
Scott W.
2001 Dodge 3500 CTD making 450 RWHP on #2 alone. 2002 blue ZX-12R, stock, but not for long. I am my own warranty station. </p>
"> ) and then quoted $320 for the year with full coverage, collision and liability, same coverage have on my truck and tart cart ( mini van). Not bad for NJ. Scott W.
2001 Dodge 3500 CTD making 450 RWHP on #2 alone. 2002 blue ZX-12R, stock, but not for long. I am my own warranty station. </p>
Joined
·
2,531 Posts
No rhyme or reason behind my ins. costs. When I moved from OKC, bike ins. went up 4x, house ins. when down to less than half (with more house), and car ins. went down slightly. ????????? I don't get it.
"Take two beers and call me in the morning"</p>
"Take two beers and call me in the morning"</p>
Joined
·
311 Posts
they probably figured since you moved some place warmer you won't be at home, in your car, or in your truck. you'll spend all your time on your bike.
which is where all of us would be if we lived where it was warm enough to do that year round?
</p>
which is where all of us would be if we lived where it was warm enough to do that year round?
</p>
Joined
·
2,531 Posts
Either that, or they realized Houston is full of hooligans, kinda like the 250 kids thrown in jail for being in the K-Mart parking lot a few weeks back! <img src=http://www.ezboard.com/intl/aenglish/images/emoticons/laugh.gif ALT=":lol">
"Take two beers and call me in the morning"</p>
"Take two beers and call me in the morning"</p>
G
Guest
·If you have your heart set on the 12R you could get a cash draw on a credit card and have the title to the bike in your hand and not be required to have insurance. Its a risk but life is full of risks. Or you could get a ZRX1200 because the insurance may be affordable at your age then you could hop it up with the $$$ you would save on the 12Rs cost and sky high insurance. Good luck with whatever you decide.
</p>
</p>
G
Guest
·Age is against you.
So is the fact that insurance companies hate motorcycles.
Especially young guys on bikes.
I bought my 12 at age 24.
I was married so I put it in my wifes name.
She was 23 and does not have her bike license.
They did not care.
Saved me $1500 a year.
I still pay $1000.
And I am on as a second rider.
So I ride it all the time with no worries.
If you are single that won't work.
By a beater bike, with smaller engine, and ride
the shite out of it until you are older.
</p>
So is the fact that insurance companies hate motorcycles.
Especially young guys on bikes.
I bought my 12 at age 24.
I was married so I put it in my wifes name.
She was 23 and does not have her bike license.
They did not care.
Saved me $1500 a year.
I still pay $1000.
And I am on as a second rider.
So I ride it all the time with no worries.
If you are single that won't work.
By a beater bike, with smaller engine, and ride
the shite out of it until you are older.
</p>
Joined
·
14,645 Posts
If you CAN pay cash so you can carry liability only but with a twist here in NC you can add fire & theft to basic liability for about 40 more per year... I found this out the hard way my bike was stolen and my ass was out!!! PERIOD...
So if you crash it {GOD FORBID} and able to walk away dont call cops get it out of street and say it got stolen?...
IMHO...
Voz...
http://www.pbase.com/vozizm/zx12r</p>
So if you crash it {GOD FORBID} and able to walk away dont call cops get it out of street and say it got stolen?...
IMHO...
Voz...
http://www.pbase.com/vozizm/zx12r</p>
Joined
·
4,208 Posts
teach yer wife to ride..........and well figure it out...........
"The world will little note, nor long remember what we say here, but it can never forget what they did here. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced."..(Abraham Lincoln)....Dont forget those on and after 9-11</p>
"The world will little note, nor long remember what we say here, but it can never forget what they did here. It is for us the living, rather, to be dedicated here to the unfinished work which they who fought here have thus far so nobly advanced."..(Abraham Lincoln)....Dont forget those on and after 9-11</p>
1 - 18 of 18 Posts
