Vintage Norton Insurance

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Stillreel

Stillreel

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Once again, insurance on the Norton has increased again by another $60 / yr. No claims, no tickets, no accidents yet policy keeps increasing in price. Currently with Dalton Timmins in Ontario Canada. Wondering what / who other Canadians out there are using to provide insurance coverage. Time to start shopping around again.
 
You aren’t likely to find much of a deal. My Dalton T insurance went up by 35% this year, the insurer changed the way they accredit antique bikes. We can blame the previous Liberal governments plan to reduce car insurance for Toronto area folks, the companies made up the difference on recreational vehicles. Bikes, snowmobiles, quads etc. all went up.
 
Here in Toronto Canada the best price I could find was $1100 a year with The Personal and that is with my Police Association discount. Basically a 35 % Increase from last year. Never ever once actually used insurance ever. My Banker calls them legalized crime . even though she is now legally allowed to sell me insurance. What a world . Banking and insurance are now the most profitable of all businesses in this society.
 
Holy Crap! $1100 a year. Bend over my Canadian brothers. I threw a royal bitch when my Hagerty policy went up to $220 after moving to Gold Canyon, AZ. I switched to Allstate and got the same coverage PLUS roadside assistance/towing for $175.
 
Is it just Ontario where they're gouging us? I left the province 15 years ago and my insurance was $1500/year, just for the legally required 3rd party liability. Never had a claim, had been with the same insurer for 13 years (since I was 16). I moved to South Australia and the state government charge for the same coverage when you register your vehicle, underwritten by an insurance company. I was paying 1/3 what I was in Ontario. And now with historic registration, I'm only paying $100/year. Does Ontario have an historic or 'special' vehicle registration scheme?
 
Ici en France 170 euros (250 $ canada) "collecteur" pour 1 an à la troisième (pas tous les risques), avec le vol-feu, assistance, paquet 300 euros pour casque-veste-pantalon-bottes.
Jamais utilisé aujourd'hui.
 
Fanfan26 said:
Ici en France 170 euros (250 $ canada) "collecteur" pour 1 an à la troisième (pas tous les risques), avec le vol-feu, assistance, paquet 300 euros pour casque-veste-pantalon-bottes.
Jamais utilisé aujourd'hui.
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C’est un bon prix. Qu'est-ce que c'est les limitations pour in “collecteur”.

Excuse mon Francais, c’est 20 ans puisque je parlais
 
$380 per year covers four classic bikes in BC with 2 million liability, full year.
BC Collector multi-plate program.

Glen
 
Cowboy Don said:
Is it just Ontario where they're gouging us? I left the province 15 years ago and my insurance was $1500/year, just for the legally required 3rd party liability. Never had a claim, had been with the same insurer for 13 years (since I was 16). I moved to South Australia and the state government charge for the same coverage when you register your vehicle, underwritten by an insurance company. I was paying 1/3 what I was in Ontario. And now with historic registration, I'm only paying $100/year. Does Ontario have an historic or 'special' vehicle registration scheme?
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Yes I just finished changing my bike's ownership to historic vehicle status. Surrendered the ownership to the ministry and 10 days later the same worn out ownership had a big stamp on it stating Historic Vehicle. So the sticker is $18 now. A new investigation will arise on my effort to see if I can get reduced insurance. It may require a physical inspection. More soon. Toronto is very bad. My friend in Northern Ont. pays !/4 of what I have to pay here. Never a claim. Crooks.
 
Torontonian said:
Yes I just finished changing my bike's ownership to historic vehicle status. Surrendered the ownership to the ministry and 10 days later the same worn out ownership had a big stamp on it stating Historic Vehicle. So the sticker is $18 now. A new investigation will arise on my effort to see if I can get reduced insurance. It may require a physical inspection. More soon. Toronto is very bad. My friend in Northern Ont. pays !/4 of what I have to pay here. Never a claim. Crooks.
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What was the annual sticker cost before? I can't remember what it was back home, I just know it was nothing compared to 3rd party, and now I get it all in one here.
Any other advantages switching to historic in Ontario?

Here in South Australia, to get historic registration:

-30 years or older
-be a financial member of a recognized club
-can only drive 90 days during the financial year (July 1 to June 30)
-Enter the date and signature in a logbook before each ride/drive, in ink. If you get caught out on the road with no log book entry, you are riding uninsured and unregistered.

Regular registration/liability for my Commando would be around $700-800/year. Registering under the historic scheme makes it $110/year plus my club fees ($35). Registering historic also drastically reduces my full comprehensive insurance because they know I'm not on the road as often.

Ontario liability motor insurance is an absolute crime, as noted previously. You legally have to have, but there's no regulation on what they can charge you. I remember my last year in Ontario (2004), my insurance went up about $150 because my 1982 Katana 750 had an 'S' on the end the model name, GSX750S, which they interpreted as being a sport bike and therefore lumped it in the same category as modern liquid-cooled sport bikes. They just make up their own rules. There was a while in the late 90's when anything with a full fairing was considered a sportbike for insurance purposes. Mongrels
 
Cowboy Don said:
What was the annual sticker cost before? I can't remember what it was back home, I just know it was nothing compared to 3rd party, and now I get it all in one here.
Any other advantages switching to historic in Ontario?

Here in South Australia, to get historic registration:

-30 years or older
-be a financial member of a recognized club
-can only drive 90 days during the financial year (July 1 to June 30)
-Enter the date and signature in a logbook before each ride/drive, in ink. If you get caught out on the road with no log book entry, you are riding uninsured and unregistered.

Regular registration/liability for my Commando would be around $700-800/year. Registering under the historic scheme makes it $110/year plus my club fees ($35). Registering historic also drastically reduces my full comprehensive insurance because they know I'm not on the road as often.

Ontario liability motor insurance is an absolute crime, as noted previously. You legally have to have, but there's no regulation on what they can charge you. I remember my last year in Ontario (2004), my insurance went up about $150 because my 1982 Katana 750 had an 'S' on the end the model name, GSX750S, which they interpreted as being a sport bike and therefore lumped it in the same category as modern liquid-cooled sport bikes. They just make up their own rules. There was a while in the late 90's when anything with a full fairing was considered a sportbike for insurance purposes. Mongrels
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Mongrel criminals they be. These crooks don't care , they simply put you into an age group and statistical accident or claim group and charge accordingly. They don't care that you have never had an accident or made a claim , they just lump you into the group of others who have issues or in the case of Toronto aggressive drivers and newer immigrants used to driving however style. We pay for this. Statistics. 2 hrs. from here -ish the rate drops huge.
 
Don't think I will be emigrating to Canada, just paid £139 fully comp for my old k100 & the 650ss combined. No idea what that is in C$.
 
Pushed it n rode it said:
Don't think I will be emigrating to Canada, just paid £139 fully comp for my old k100 & the 650ss combined. No idea what that is in C$.
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I'm in Canada and paying about £230 for two Vincents and two Norton's. You could emigrate and save!

Glen
 
As I understand it, the one of the last things the previous government did as a vote getter was to reduce the affect location had on car insurance rates. As Torontonian described, people in TO would pay substantially more based on location, since they were more likely to be in a wreck, have a vehicle stolen or damaged. Out here in farm country our rates were always much less. This put a big dent in the insurance company’s profits so they bumped the rates on all recreational vehicles. I had my 4 Norton’s with full agreed value coverage antique status for around $1100 total, went up to $1500 for the same coverage this year. The antique coverage comes with mileage and usage limit. $375 each isn’t all that bad, but a 35% bump for no reason sucks. One modern bike would cost over $1000 for similar coverage.
 
I have friends over your way on their hols at the moment and they keep posting pictures of some good beer, maybe I will emigrate and offset insurance and my beer habit, but that will stop me riding. Decisions decisions.
 
UK classic insurance may not be so cheap in the future either since rule and category of damage changed. Assessors are wising up, thankfully most classic bikes in the Uk are not of historic interest, so the assessors can argue the case for write off and not repair and keep premiums low.
So far I have only heard of one bike that had to be fully restored post garage fire, the Domi in the garage was paid out on. The restored bike had documented Ww2 service in North Africa.
 
Pushed it n rode it said:
Don't think I will be emigrating to Canada, just paid £139 fully comp for my old k100 & the 650ss combined. No idea what that is in C$.
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I think it's only Ontario that is stupid expensive, as with most other things in Ontario as well. It's been that way since at least 1991 when I got my first bike. I bought the bike with my own money, but my parents loaned me the insurance money.
 
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