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(01-29-2021, 07:23 AM)peterbaron_imp Wrote: (01-29-2021, 07:05 AM)Cormanus_imp Wrote: It’s not wonderfully helpful, but here in OZ, the insurer of our car provided rebates for a few months during the early part of the lockdown. As I recall they asked if our usage was down during the pandemic. I agreed it was and they sent the rebate.
peterbaron, have I understood you correctly that your premium for one motorcycle is C$1,800 p.a.?
(01-29-2021, 03:29 AM)Gone in 60_imp Wrote: I keep collision (I crash) and comprehensive (house falls on stuff), even though my cars and bikes are fully paid for. As Peter says, it's peace of mind.
Plus, the combined additional coverages are less than earthquake insurance on my condo. So, if The Big One ever does hit, and my house pancakes down onto my garage, I'll have the added peace of mind that my flattened vehicles are covered.
Gone, save your money. If the big one hits, your bikes will be covered, albeit not in the way you hoped. 
NO, C$870 for my '14 CB
[url=http://cb1100forum.com/forum/member.php?action=profile&uid=3454]PB is not exaggerating.
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In February 2020 I paid $ 256.13 in total to have my 3 CB 1100 's insured for a full year.
Progressive , had them since 1985 and never had a claim.
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(01-29-2021, 10:30 AM)Houtman_imp Wrote: In February 2020 I paid $ 256.13 in total to have my 3 CB 1100 's insured for a full year.
Progressive , had them since 1985 and never had a claim.
That is sooooo cheap.
What kind of liability coverage? $1M? $2M?
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Yeah, it depends what coverage he has, knowing that stay in a US hospital is very expensive.
How good your insurance is, you'll know when it's time for your compensation!
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(01-29-2021, 12:24 PM)peterbaron_imp Wrote: Yeah, it depends what coverage he has, knowing that stay in a US hospital is very expensive.
How good your insurance is, you'll know when it's time for your compensation!
Ontario has a very harsh vehicle insurance environment, and the city of Brampton arguably the worse in the country.
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Yap, heard my postal code is baaaad!!!, for sure not because of my driv/riding
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My liability coverage on my bikes is low ( NC State minimum) I do know that this might not be the best coverage but we do have a separate liability coverage for 2 .000.000
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Houtman, if you have the NC minimum limits and an umbrella policy over the top, there’s likely a $950,000 gap in coverage between when your MC policy stops and the umbrella starts. I’m not licensed in NC so I can’t state for sure that I’m correct.
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EmptySea , you are probably right but I am willing and able to take that risk .
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"As long as you know what risk you are taking, I've done most of my job" <-- say to my clients nearly daily.
