Go Back   Vulcan Bagger Forums > Regional Groups > Regional Groups > Canada East Group

Reply
 
Thread Tools Search this Thread Display Modes
Old 12-28-2011, 08:05 PM   #46
Loafer   Loafer is offline
Sr. Contributor
 
Loafer's Avatar
 
Join Date: Dec 2008
Posts: 18,287
Quote:
Originally Posted by cnc View Post
Gerry who are you directing your question toward?
Oops...I didn't realize I was in the Canada East board.
I didn't direct the question to anyone particular.
I cancelled my collision a couple of years ago, I didn't feel it would make that big of a difference with it becoming an older bike. Most of the bikes I have owned over the years I had paid 2-3K$ cash for. So if my bike needs to be repaired, I'll figure a way to do it. I've always assumed that I wouldn't be at fault for an accident (?). So the other guy will have to pay.
__________________
Gerry Martineau / 802 VT / VBA #0892 /[email]glmjgm@gmail.com[email]



Login or Register to Remove Ads
 
Reply With Quote
Old 12-28-2011, 09:22 PM   #47
ringadingh   ringadingh is offline
 
ringadingh's Avatar
 
Join Date: Aug 2007
Location: Newmarket Ontario Canada
Posts: 35,387
Gerry; Thats what I always thought would happen as well, I never for a second figured Id come off the bike like i did. Thats where the collision insurance would have been helpful. Now I have to fix the bike on my own nickle. I think when I get back on the road I'll make sure the bike has all the insurance on it.
__________________

2002 Nomad aka Bountyhunter
VBA #27
VROC #18951
 
Reply With Quote
Old 12-29-2011, 08:40 AM   #48
Loafer   Loafer is offline
Sr. Contributor
 
Loafer's Avatar
 
Join Date: Dec 2008
Posts: 18,287
Well, I have been thinking about what happened to you since I posted. I'll call my carrier and find out what their policy will do for me. I'm guessing they would total it out and be done with it. And not for much money.
How much money has it cost you so far to put it back together, and how much more will you have to spend? Just a guess is fine.
__________________
Gerry Martineau / 802 VT / VBA #0892 /[email]glmjgm@gmail.com[email]
 
Reply With Quote
Old 12-29-2011, 09:08 AM   #49
cnc   cnc is offline
 
cnc's Avatar
 
Join Date: May 2009
Location: Montreal QC
Posts: 12,034
Quote:
Originally Posted by Loafer View Post
Oops...I didn't realize I was in the Canada East board.
I didn't direct the question to anyone particular.
I cancelled my collision a couple of years ago, I didn't feel it would make that big of a difference with it becoming an older bike. Most of the bikes I have owned over the years I had paid 2-3K$ cash for. So if my bike needs to be repaired, I'll figure a way to do it. I've always assumed that I wouldn't be at fault for an accident (?). So the other guy will have to pay.
I just thought the way you worded your post it was to someone in particular. I guess not only do you have to do the math, but the money you may save by having no collision needs to be put aside, otherwise you end up empty handed if you wreck your bike.
__________________

Norm Ward
2008 blue / silver nomad
kawanow / VBA #01136
 
Reply With Quote
Old 01-08-2012, 08:35 AM   #50
amypearson   amypearson is offline
Jr. Member
 
Join Date: Jan 2012
Posts: 1
Since collision coverage is usually limited to the cash value of your motorcycle, one way to lower your insurance premium is to limit or drop collision coverage on an older bike.



If you’re still financing your motorcycle, you will be required by your bank to continue to protect their investment with collision and comprehensive coverages.


And remember – if you drop collision coverage, you are responsible for the full cost of repairs or replacement. So balance the option of lower motorcycle insurance premiums with your ability to pay out-of-pocket for uncovered expenses.



Login or Register to Remove Ads
 
Reply With Quote
Old 01-08-2012, 08:42 AM   #51
Loafer   Loafer is offline
Sr. Contributor
 
Loafer's Avatar
 
Join Date: Dec 2008
Posts: 18,287
Quote:
Originally Posted by amypearson View Post
Since collision coverage is usually limited to the cash value of your motorcycle, one way to lower your insurance premium is to limit or drop collision coverage on an older bike.



If you’re still financing your motorcycle, you will be required by your bank to continue to protect their investment with collision and comprehensive coverages.


And remember – if you drop collision coverage, you are responsible for the full cost of repairs or replacement. So balance the option of lower motorcycle insurance premiums with your ability to pay out-of-pocket for uncovered expenses.
Welcome to the forum!

Thanks for the info...
__________________
Gerry Martineau / 802 VT / VBA #0892 /[email]glmjgm@gmail.com[email]
 
Reply With Quote
Old 01-08-2012, 08:45 AM   #52
ringadingh   ringadingh is offline
 
ringadingh's Avatar
 
Join Date: Aug 2007
Location: Newmarket Ontario Canada
Posts: 35,387
Quote:
Originally Posted by amypearson View Post
Since collision coverage is usually limited to the cash value of your motorcycle, one way to lower your insurance premium is to limit or drop collision coverage on an older bike.



If you’re still financing your motorcycle, you will be required by your bank to continue to protect their investment with collision and comprehensive coverages.


And remember – if you drop collision coverage, you are responsible for the full cost of repairs or replacement. So balance the option of lower motorcycle insurance premiums with your ability to pay out-of-pocket for uncovered expenses.
I dropped my collision coverage last season and then had an accident. I now wish Id kept the coverage as Ive spent a lot more on parts, than I saved on the premium. A good lesson learned.
__________________

2002 Nomad aka Bountyhunter
VBA #27
VROC #18951
 
Reply With Quote
Old 01-08-2012, 09:00 AM   #53
ringadingh   ringadingh is offline
 
ringadingh's Avatar
 
Join Date: Aug 2007
Location: Newmarket Ontario Canada
Posts: 35,387
And Welcome aboard Amypearson, from Ontario.
You should introduce youself on the new member board, and tell us a bit about yourself.
__________________

2002 Nomad aka Bountyhunter
VBA #27
VROC #18951
 
Reply With Quote
Old 01-08-2012, 01:02 PM   #54
ballast   ballast is offline
Sr. Member
 
ballast's Avatar
 
Join Date: Mar 2009
Location: Orting, WA
Posts: 1,394
Quote:
Originally Posted by ringadingh View Post
And Welcome aboard Amypearson, from Ontario.
You should introduce youself on the new member board, and tell us a bit about yourself.

I think she's just trying to sell insurance if you follow the link at the bottom of her post.
__________________


Charlie "Ballast" Krogh
2005 1600 Nomad "Tangerine Dream"
VBA #999
VROC #29355
 
Reply With Quote
Old 01-08-2012, 02:14 PM   #55
ringadingh   ringadingh is offline
 
ringadingh's Avatar
 
Join Date: Aug 2007
Location: Newmarket Ontario Canada
Posts: 35,387
You may be right Ballast. I should see how competitive her quote will be.
__________________

2002 Nomad aka Bountyhunter
VBA #27
VROC #18951
 
Reply With Quote
Old 01-20-2012, 03:37 PM   #56
bobzinger   bobzinger is offline
Sr. Member
 
bobzinger's Avatar
 
Join Date: Sep 2007
Location: Livermore CA
Posts: 1,334
I have 4 quotes all with the same coverage...who to use?
CSAA/AAA (thru American family Home) $511 yr
Geico: $360.80 yr
Progressive: $316
AARP (thru Foremost) $266.80

With CSAA everything I have is insured (home too) and I have AAA Road service. With one phone call they handle everything. I've been with them since 1986. Their motorcycle insurance is thru AFM though.

Saving money is always a plus.
__________________
Life is Good!
Eternal Life is better!
 
Reply With Quote
Old 01-20-2012, 04:20 PM   #57
ringadingh   ringadingh is offline
 
ringadingh's Avatar
 
Join Date: Aug 2007
Location: Newmarket Ontario Canada
Posts: 35,387
Id save the money personally, its almost half of the CSAA quote.
__________________

2002 Nomad aka Bountyhunter
VBA #27
VROC #18951
 
Reply With Quote
Old 01-20-2012, 04:32 PM   #58
Blueraven   Blueraven is offline
Advanced Member
 
Blueraven's Avatar
 
Join Date: Sep 2010
Location: Southern Ontario
Posts: 805
It is US based!
__________________

Rhys Westmoreland
VBA# 01622 (Kawanow)

1969 Suzuki 250
1973 Honda CB750 K3 (Sold Dec 11, 2011)
2003 1500 Nomad FI "REBA"
PC III Commander (Died April 2011)
PC III Commander (Installed new one April 2016)
Vance and Hines, Mustang Seat
BadBoy Air Horn
Front LED Fog Lights


2011 Maggie Valley,NC
2014 NE US/Eastern Canada Rally,Lincoln NH
 
Reply With Quote
Old 01-31-2012, 08:51 AM   #59
bogatyrs   bogatyrs is offline
 
bogatyrs's Avatar
 
Join Date: Nov 2010
Location: Southern Ontario
Posts: 706
Irate No Gun Here!

Quote:
Originally Posted by cactusjack View Post
Well, your insurance may be expensive in Canada - but your country is crime-free and you don't have to carry guns!
You are right, I sold my 38 Special when I moved back to Canada from Detroit. But we are still getting raped on bike insurance as it is basically controlled by two companies and we have a Socialist based government - that favours big business which I know is a contradiction in terms...
__________________
Bogie (aka Mike)
KawaNOW #01650
Bell City Riders #21
SCRC 329
2010 Nomad (The Beast)

Previous Bikes
2008 - 900 Vulcan Classic
1958 HD HydraGlide
 
Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
CT v Insurance or Not. usranger74 Vulcan Nomad/Vaquero/Voyager 6 04-15-2011 06:00 PM
mra motorcycle insurance or Dairyland ffron69 Off-Topic 5 04-23-2010 09:31 PM
Insurance schoeney Vulcan Nomad/Vaquero/Voyager 49 08-07-2008 06:22 PM
Re Insurance. mark Vulcan Nomad/Vaquero/Voyager 28 03-25-2008 06:23 PM
motorcycle insurance lonewolf Vulcan Nomad/Vaquero/Voyager 22 03-16-2008 08:52 PM



Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.