insurance rates for new rider in ontario (toronto) - Sportbike Forum: Sportbike Motorcycle Forums
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post #1 of 7 (permalink) Old 07-31-2006, 08:38 PM Thread Starter
Join Date: Jul 2006
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insurance rates for new rider in ontario (toronto)

hello =)

I will be starting my biking come next season so im just collecting some information to help me see things clear.

By the next season i will be 21, i live in toronto (downtown), i've never owned a bike before, therefore no prior insurance history(however i did get one speeding ticket back in about 2-3 years ago).

So i would like to buy my first bike while i still have my M1 to learn on, ofcorse i gotto get it insured and all, thought i plan to take my M2 within a few months after i get my M1.

I am planning to get a suzuki GS500-F (2000 ish i guess).

SO! with the given backgroudn what do you guys think how much would my insurance be? Im not looking for on-the-dot answers, just a general idea. Second question, what happens once i get my M2? Will it decrease? My third question, so insurance HAS to be made for 12 months no matter what guys? Any ways around that, i mean from a rider's point of view it is completley pointless paying for insurance during the winter

petyoca is offline  
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post #2 of 7 (permalink) Old 08-01-2006, 10:00 AM
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Sorry Man, there's no way around insuring your bike for twelve months.

Check the two threads right below this one for a lot more info on insurance in On, and be thankful that you don't live in Quebec where insureance isn't all that bad, but you have to pay a small fortune in licensing fees.

Good luck.
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post #3 of 7 (permalink) Old 08-01-2006, 01:41 PM
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Sorry, for while I am a fellow Cdn., here in B.C. it is entirely different for the Govt owns the insurance. Fortunately one can obtain insurance for as short as 3 months though I purchase basically 7 to 8 months.

No idea of what you are up against in Ontario though know it is pretty costly. Sorry but that is the info I have been receiving for some yrs PLUS some will NOT insure m/cs PERIOD for some also have main firms in Ontario so the same goes for other Provinces such as Alberta & such.

Unfortunately you are paying through the nose because you are not 25 or 26 yrs of age & yes even in B.C. those 25 or younger also pay high compared to those over & especially old sods like myself like 65 yrs of age & older.

Last edited by Smitty; 08-01-2006 at 01:43 PM.
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post #4 of 7 (permalink) Old 02-07-2007, 12:04 PM
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Yap, generally if you are not 25 or older, insurance is quite expensive. I remember when I was age 16 to 24, I was paying well over $2500 CAD in Ontario.

I owned a Kawi EX500 and then Kawi Ninja 750 back then. Had to insure for full year, they don't give you much at all if you cancel after fall season.

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post #5 of 7 (permalink) Old 02-07-2007, 12:12 PM
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Holy Dead Thread, Batman!

(Check the date of the last post in the thread.)

In God, we trust; all others must provide data.
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post #6 of 7 (permalink) Old 08-02-2007, 08:36 AM
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you should go on over to to get fairtly acurate "estimates" but your best bet is to call a broker, and call ALOT of them because then you have a better chance at a lower rate.
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post #7 of 7 (permalink) Old 06-19-2014, 10:37 AM
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thanks for the info guys. it'll really help me.
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