I went to insure my bike today, ICBC wanted 1320 dollars for a full year, and i got -43% discount. So my adjuster suggested i go with Beacon insurance. After some negotiation, they were able to quote me 430 dollars a year with 1000 dollar deductible.
Then you have to just buy basic icbc 3rd party and that's only like 399 a year.
The only problem i had with beacon is that they wouldn't accept me because im only 25 and only 9 years of driving experience. However after some arm bending they decided they will insure me but at an increased premium and 1000 dollar deductible. It is however still quite a bit of savings,
430+399 = 829 a year vs 1320 icbc.