Rate reduction coming next year.
For the benefit of those who think our rates are outrageous, I did
some comparison shopping with my cousin who happens to be an insurance
agent in North York, Ontario.
Given my old Bandit 1250, 10+ years riding experience, pervious policy
more than 10 years, riding 25,000km's a year, with no claims in 6 years
and 1 ticket in the last 6, the best value was $1490.00 with 1,000,000
3rd party. Increasing it to 5,000,000 3rd party was another $300 per
year, making the policy more expensive than my comparable ICBC
And for funs sake, I asked her to change some of the data on my info
to see how it affected the quote.
By making me 8 years younger (29), single, and with a motorcycle
license for 2 years only 2 years previous insurance, the premium on
the Bandit 1250 would have been $4082.00 per year.
Yeah, that ICBC insurance sure sucks.