I went today to my insurance agent, the same one I've had for years and years, and told her I wanted to insure my 1998 XR400.
Uh oh, they don't insure bikes.
I couldn't believe it. I had my quad insured with them for years, no problems. Whay not a dirt bike?

I said to her, "you mean to tell me that you'll insure my 800cc, 140hp sled, that I use on trails where I might see hundreds of other sledders everyday, but you won't insure my 400cc, 30hp bike, on which I'll almost never see another soul when I'm out riding?"

"That's just the way it is" she said.

Then she told me that it would be the same thing for a street bike, that I couldn't be insured unless I've had insurance on a bike for the past five consecutive years.

I said that I WILL be buying a street bike eventually, and that I WON'T have two insurance bills, so I'll be moving my business elsewhere.

What kind of a company doesn't want business? I just don't get it.

Insurance companies baffle me.....

I was paying a mere $500 a year to insure my old pickup, I just got the renewal - it's doubled to $1050. Now, I know that even the new rate is reasonable, but how do they justify such an increase to a guy with no tickets, claims or accidents?? Especially a year later when it's worth less money??

I just bought a new Nissan Maxima, can't wait to hear what the premium will be for that.. :cussing:

Why they wouldn't want your business is ridiculous. I would hazard a guess that dirt bikes are of no greater risk than automobiles...

I tried to get insurance on my CR 250 a few years ago. They wouldn't do it. I tried to explain to them that the only place this bike was ridden was on a track, and everyone signs a waver form. So they wouldn't have anyone trying to get money out of them, all i wanted was to have it covered for theft. It was stolen once, didn't tell them that thought! Then finally they said they could insure it, but based on street bike rates and they were out of this world. Anyways my german sheppard now sleeps in the garage, She's better than insurance cause anyone that gets into our garage now will just be her midnight snack, and she loves to eat!!!

Some insurance companies are strange. I have Geico, and they didn't even hesitate to insure the Virago. They charged me $90 for one years coverage, and then sent me a $9 check back when I sent in proof of taking the beginner motorcycle riders course.

A$$HOLES!!! i HATE them. :cussing:

Originally posted by 03ProX@Apr 23 2004, 10:38 PM
I tried to get insurance on my CR 250 a few years ago. They wouldn't do it. I tried to explain to them that the only place this bike was ridden was on a track, and everyone signs a waver form. So they wouldn't have anyone trying to get money out of them, all i wanted was to have it covered for theft. It was stolen once, didn't tell them that thought! Then finally they said they could insure it, but based on street bike rates and they were out of this world. Anyways my german sheppard now sleeps in the garage, She's better than insurance cause anyone that gets into our garage now will just be her midnight snack, and she loves to eat!!!
You cannot insure any type of motorcycle that is used for competition.

The only insurance company in the world that does this type of underwriting is lloyds of london.

Their main clients are F1 teams.

This is what all us bike racers have to go through.

I went to a motorcycle insurance broker on the web and did one of those on-line quote forms just to see what kind of response I would get, this would be for someone my age(29) with 10+ years of riding experience and 2 minor tickets. If Here's the response I got:


Dear Rider, thank you for your email form requesting a Motorcycle Shield
Insurance quote for your 'Super Sport' motorcycle(s)

We are seeing an average 'Liability only' premium of $4000 upwards to $9,000 for
Liability with additional coverages. We will be glad to quote you if this
pricing is within your budget and you should return this complete email to us
for that purpose..

Many 'Super Sport' motorcycles require a Gorilla or Viper alarm and a complete
list of 'Super Sport ' motorcycles can be found at
motorcycleshield.aloak.ca...arged.html

Sincerely,

Robin Aldrich Motorcycle Shield Insurance
1-800-917-7283 ext 227 / ( 905) 764-7868 ext 227
www.motorcycleinsurance.ca


This is what snowmobilers have to look forward to if nothing is done.