Author Topic: Insurance in Ontario  (Read 1463 times)

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Offline spyug

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Insurance in Ontario
« on: March 13, 2017, 07:25:39 pm »
Any recommendations for insurers of these old bikes in Ontario. I am in Hamilton and had been with TD but they wont insure anything over 25 years.

Its getting harder and harder to keep these classics on the road. We need to do something about thus friends.

Cheers guys.

Offline damnthatmikecam

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Re: Insurance in Ontario
« Reply #1 on: March 14, 2017, 07:23:31 am »
I was actually coming here to post this same question. I got a reasonable quote from Dalton Timmis - considering I am a 26 year old male living in Toronto (somewhere between 1,500-1,600) for my 1975 cb550.

Anyone else know of any other options for classic bikes?

Offline david 750F

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Re: Insurance in Ontario
« Reply #2 on: March 14, 2017, 05:08:16 pm »
I'm with Aviva. Full coverage including theft for $253 a year, I am limited to 5000km a year. (I'm also old and have been continuously insured for years) :)
Dalton Timmis and Desjardins will insure for you for liability as well.

Send me a PM if you want more details about Aviva.

« Last Edit: June 16, 2017, 06:24:37 pm by david 750F »
1976 CB 750F

Offline KeithB

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Re: Insurance in Ontario
« Reply #3 on: March 15, 2017, 03:47:43 am »
Contact Dalton Timmis.
Nanahan Man

Offline spyug

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Re: Insurance in Ontario
« Reply #4 on: March 15, 2017, 06:21:38 am »
Thanks guys.

I will give them a call and see what is available.

I really don't understand what the issue is with old bikes in Ontario. If they are concerned about safety I would think most of us would gladly get an annual safety check. I know I would.

I'll let you know how I make out.

Cheers!

Offline KayOne

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Re: Insurance in Ontario
« Reply #5 on: March 15, 2017, 01:46:54 pm »
I was in the same situation with TD insurance in Alberta. I went to a local broker and they insured me through Intact Insurance. The insurance on my 1979 CB750 F went from $500/year PL/PD to $125 for the same coverage! TD wouldn't even consider insuring my 71 CB750 or my 68 S90! I just got coverage on my 83 Honda VF 45F interceptor for $150 and it is classified as a sport bike.
CB750 K1 restored
1979 CB750Fz - original except for exhaust, 14000km
1984 VF45F Interceptor - all original, 12000 km
1968 S90 - all original, 2100 miles
1973 H2a, Restored
1973 H1D, next project
CB750K1 (sold)
1976 KZ900 (sold)
1981 CB900F (under restoration)
2015 Yamaha FJ09, my appliance rider

Offline spyug

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Re: Insurance in Ontario
« Reply #6 on: March 15, 2017, 07:55:15 pm »
You are lucky in your province as here in the Toronto Hamilton corridor we pay some of the highest rates. On my 85 FZ 750 I was at $700 a year. Excellent driving record.....in my 60s and no claims. I suspect the CB will be at least $500.

Royaly pisses me off that we barely get 5 to 6 months riding and have to forkout for a year.

Takes all the enjoyment out of it.

Offline Can550

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Re: Insurance in Ontario
« Reply #7 on: March 23, 2017, 02:10:19 pm »
I have my cars and Harley with State Farm and for my 1976 CB550K (still not arrived) I was quoted 300-350 per year. I was rather pleased with it (though yet to insure it with them) compared to my Harley with them for 118$ a month. If anyone gets better quote, I too will be keen in switching.

Offline Bodi

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Re: Insurance in Ontario
« Reply #8 on: June 14, 2017, 06:57:30 am »
I went with Dalton Timmis and the quote to cover two motorcycles was reasonable (slightly more than I had been paying for one). However, once the coverage process was rolling, I had to get safety certification for both bikes - this cost $100.00 each... that adds a lot to the annual bite (only for the first year, but still...).
Check what extras are required before committing.
Insurance for Toronto will be pretty high $$$. The rules are stacked against riders in Ontario to start with, and TO gets the highest rates in province.

Offline Farley121

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Re: Insurance in Ontario
« Reply #9 on: April 11, 2018, 06:45:01 pm »
  I went with Desjardins insurance.  Certis is the actual company doing the insuring.  Is about $300 a year for my 78 CB550

Offline david 750F

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Re: Insurance in Ontario
« Reply #10 on: April 17, 2018, 03:57:18 pm »
I’m still with Aviva. Just under $300 a year. Full coverage including theft. Bike is appraised at $5000. Downtown Toronto.
1976 CB 750F