You can discount the insurance premiums you are quoted by doing a couple of things. Joining a motorcycle organization can give you an additional discount (up to 15%). You can also try to bundle your insurance with other items. Since you likely live with your parents, you can combine insurance with other items such as a home and automobile.
Unfortunately, Ontario (and Canada for that matter) has little in the way of competition and it's reflected in the motorcycle premiums you are being quoted. However, you should be able to get that premium to under $2000 dollars with some footwork. I didn't accept the first quote I recieved, if I did I would be paying double what I'm paying now.
So you can likely decrease you premiums by...
- Joining an organization for discounts
- Take an MSF
- Being nice to your parents and convince them to bundle.
Good luck.
Unfortunately, Ontario (and Canada for that matter) has little in the way of competition and it's reflected in the motorcycle premiums you are being quoted. However, you should be able to get that premium to under $2000 dollars with some footwork. I didn't accept the first quote I recieved, if I did I would be paying double what I'm paying now.
So you can likely decrease you premiums by...
- Joining an organization for discounts
- Take an MSF
- Being nice to your parents and convince them to bundle.
Good luck.
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