WTK: Motorcycle Insurance

Kongorealm · Postby **Kongorealm** » January 21st, 2013, 3:47 pm

I require assistance in obtaining insurance coverage for a motorcycle. I contacted a few companies and brokers but only got one quote (from Bankers) as the others don't offer this service. The other companies only provide coverage if you are an existing policyholder with substantial business.

Can someone direct me to companies that offer this service. I want to get an idea of the cost from other companies that may offer this service as the quote I got was $2,650 which I consider to be high. If better can't be done, then I would have no choice but to go with the aforementioned company.

Thanks and Regards.

NB: I did search the forum for information but the existing threads but it wasn't much help as the recommended companies don't provide (other than Bankers).

Kongorealm · Postby **Kongorealm** » January 21st, 2013, 6:05 pm

Where are all the riders?

TrinbagoMan · Postby **TrinbagoMan** » January 21st, 2013, 7:54 pm

That is pressure these days boi.

Kongorealm · Postby **Kongorealm** » January 21st, 2013, 8:49 pm

TrinbagoMan wrote:That is pressure these days boi.

This I am finding out the hard way!

SkettellGod · Postby **SkettellGod** » January 21st, 2013, 10:02 pm

21st century insurance , i pay less than a grand a year.

Kongorealm · Postby **Kongorealm** » January 21st, 2013, 10:04 pm

SkettellGod wrote:21st century insurance , i pay less than a grand a year.

Do you deal with someone in particular? I will call in the morning...Thanks
Update: Called 21st Century and they are not willing to conduct business unless you currently have a policy with them.

I will be going with Bankers...

SkettellGod · Postby **SkettellGod** » January 24th, 2013, 10:11 pm

No. I actually just went in to them. Idk why it's so hard for us to get ins. For our bikes.

Kongorealm · Postby **Kongorealm** » January 24th, 2013, 10:23 pm

Well the rep on the phone told me the company would not be able to facilitate me. Its depressing to know that bike insurance is so difficult to obtain in this country. The only damn reason is I'm getting insurance is because its the law!

Pablo660 · Postby **Pablo660** » January 25th, 2013, 6:05 am

Bankers are the only ones willing to insure motorcycle as i had to pay 3000 for my bike

Kongorealm · Postby **Kongorealm** » January 25th, 2013, 9:33 pm

I eventually went with Bankers...very pricey but say what!

kl352 · Postby **kl352** » August 21st, 2014, 12:46 pm

Crap!!!! In the process of obtaining my license and looking ahead to the insurance phase. This is very disheartening. I need to be street legal in 2 weeks.

kl352 · Postby **kl352** » August 21st, 2014, 1:19 pm

Bankers said I needed to have my license for 1 or 2 years before they can cover me. So, prove to the authorities that you can ride and are aware of traffic laws but sit on the license for 2 years then get insurance. Like having it for 2 years says I have experience or something......ridiculous!!!!!

EFFECTIC DESIGNS · Postby **EFFECTIC DESIGNS** » November 13th, 2017, 4:55 pm

And here my brother was telling me to buy a Bajaj Motorcycle for small money and forget about the bicycle idea?

So I hadda pay $3k a year for that insurance? nah man bess I buy ah E-Bike? or convert a mountain bike to a gas engine. the kits they does sell