Some factors include how experienced you are, your age, the type of motorbike that you ride as well as your driving history. Like your other automobile insurance, the cost is based on a number of factors that are unique to you and your vehicle. There is no one size fits all when it comes to the cost of motorcycle insurance. Your BIG broker can review your policy to uncover any gaps in your current coverage. The required coverage includes liability, accident benefits, uninsured automobile and direct compensation property damage. In addition, It is required by law to have a certain amount of Motorcycle Insurance in Canada. If you do not have insurance, one accident could use up all your savings and result in you having to pay large medical expenses for yourself of someone else. Motorcycle Insurance is about managing your risks. Total loss insurance pays for a replacement bike.Comprehensive which covers fire, vandalism, theft, hail damage, storms, and other non-traffic accident claims.Collision which covers repairs to your bike in an at-fault accident.You insurance broker will compare bike insurance coverage and may also suggest or recommend some additional coverage to provide you with peace of mind. These include liability, accident benefits, uninsured automobile and direct compensation property damage. There are mandatory minimums that all motorcycle riders have to get. Motorcycle Insurance is legally required in Canada to protect riders. In addition, motorcycle theft is on the rise so this may be something to consider when getting insurance for your vehicle.Įnjoy the freedom of the open road while ensuring you have the coverage you need. Serious bodily injury from motorcycle accident happens every 6 minutes and 80% of all motorcycle crashes result in a death. The right coverage is necessary because although riding a motorcycle is fun and exciting, there are some risks involved. Our expert advice and price comparisons from the top insurance companies allows you to get the coverage you need for a competitive price on your bike insurance. Motorcycle Insurance Quotes in Canada Think BIGīillyard Insurance Group have been helping riders get motorcycle insurance for years.
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