Join Date: Jul 2013
Location: Sault Ste. Marie, ON, Canada
In Ontario, Canada, I am paying about 770 USD (1030 CAD is my current quote with All State, but I might shop around for a better deal this year) for the year with full coverage at 32 years old (full motorcycle license for about 5 years now).
Does that $300 cover $500,000 in liability if you're at fault in an accident, or is it only like $25,000?
In Canada (or at least Ontario), I think it's law to have something like a million dollars liability insurance. The benefit is that in an accident there's no need for personal lawsuits to settle things (which probably costs more in the end, I would imagine). Everybody with insurance should have enough coverage to cover the damages. And I think those of us with full coverage are also protected if the other guy is at fault and isn't insured.
I saw a motovlog months ago of a Canadian rider that was in the US, and a woman hit his bike and wrote it off. It was her fault, but she only had like $25,000 coverage, and it wasn't enough to cover his bike and medical bills which totaled something like $60,000 or something (off the top of my head). He ended up having to personally sue her for the rest of the money. That sounds like a terrible system.
I'm just curious if that's why you guys are paying so much less for insurance down there.
I mean the best with what I say. It doesn't always sound that way.
2013 Honda CBR500R (Millennium Red) (Completely stock)
Joe Rocket Speedmaster 12.0, Joe Rocket Ballistic Boots, Scorpion Exo R2000, Alpinestars Raider Drystar Pants or Scorpion Covert Jeans, Icon Hypersport Pro Short Gloves
Castrol Chainlube, Pro Honda GN4, Pro Honda Dot 4, 87 octane AKI
Kriega R-35, Air Hawk Dual Sport, Go Cruise 2, Grip Puppies
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