The Motorcycle Insurance Canada section of www.canada-insurance-source.com is here to help you find good motorcycle insurance.
There are a handful of insurance companies in Canada that offer motorcycle insurance so it is usually possible to shop around and get three, four, five or more quotes. And the premiums can range quite a bit from insurer to insurer. Visit Canada Motorcycle Insurance Quote for more on shopping around
Shopping around and getting three to five quotes is one of the best ways to find cheap motorcycle insurance. But there are other important ways to keep pricing down and the pages linked here will give you a good idea of what to look for.
Just like auto insurance, rates for Motorcycle Insurance in Canada are based on your age, driving experience and the type of bike that you have.
So the younger you are, the more likely it is that your premiums will be higher as Motorcycle insurers feel that youth equals higher risk. Actually it is more than a feeling, it is based on statistics collected year after year for decades.
The more experience you have with motorcycles the lower your rate will be. So after a year, or a few years, you should see lower rates than when you first have your license. If not, shop around. As an example, some of the Ontario Motorcycle Insurance companies will offer reduced rates after just one year of experience.
While speaking of experience, taking motorcycle courses and belonging to a motorcycle club will often lead to reduced rates.
The other major factor in rates is the bike that you ride. Insurers look to statistics and have determined that certain models are more likely to be involved in accidents or be stolen. Accidents are quite costly to insurers, especially when they involve bodily injury. So it is wise to get quotes on more than one bike when you are contemplating the purchase of a motorcycle. Take a look at Motorcycle Insurance Quotes Canada for more about this
If you are from Ontario this is the page for you Motorcycle Insurance Quote Ontario Learn more about the coverage you need.
And check out this page for more on how to save: Motorcycle Insurance in Ontario Canada
Note: Always speak with a licensed insurance professional about your specific situation. This insurance information is general in nature and the policy wordings always take precedence. It is possible that there are errors and omissions in this website and www.canada-insurance-source.com, or its authors, take no responsibility.
Keep in mind that insurance licensing, legislation, and policies often vary by province and most certainly by country. Canada Insurance Source is a free information source. So use this site to gain a general understanding of insurance with your own area and situation in mind. Make sure you review the "please read" page. Always speak with a licensed insurance professional about your specific situation.
Always speak with a licensed insurance representative about your specific situation.
This site is general in nature and there may be errors or ommissions