collapse

www.dimecitycycles.com


www.restocycle.com

www.CITYLIMITMOTO.com

www.jadusmotorcycleparts.com

www.bisonmotorsports.com

www.speedmotoco.com

www.lostapostlejewelry.com

www.cognitomoto.com

www.townmoto.com

www.sparckmoto.com

www.Moto-Madness.com

www.pistonsociety.com

www.steeltowngarage.com

QUESTIONS ABOUT THE SITE? TROUBLE REGISTERING? ADMIN@DOTHETON.COM

Author Topic: XS750 to XS896 big bore  (Read 43606 times)

Offline LiamG6

  • Posts: 12
Re: XS750 to XS896 big bore
« Reply #400 on: Jun 22, 2018, 01:11:03 »
I don’t know how it works there
But in quebec they are one and the same.
Every registered vehicle has an insurance premium in the annual fee
It covers extra medical costs in the event of an accident, lost wages, and up to 1k$ of riding gear.

We have Compulsory Third Party insurance as part of our registration cost, typically more than 50% of the cost is for this CTP insurance. CTP only covers injury to third party's, ie passenger, pedestrian or driver and passenger in other vehicles. It does not cover your personal injuries or damages to your vehicle, other vehicles or infrastructure. We have to purchase comprehensive insurance to cover those things and fire and theft etc.

This club rego thing is basically for vintage bikes that are not used regularly and are rolled out for club meet days or the occasional joy ride.

It's is great to know that I can get up to 90 days if I pay double as I wouldn't want to miss a ride solely because I'd used up all my days. Thanks for the info, it will be exactly what I need for my 1971 CB450.

Offline XS750AU

  • DTT BOTM WINNER
  • *
  • Posts: 406
Re: XS750 to XS896 big bore
« Reply #401 on: Jun 22, 2018, 06:57:44 »
Quote
if it's a government limitation or insurance carrier limitation?

The normal full registration for a bike is about $800. That is made up of $200 government fee and $600 in government compulsory insurance, which pays for injury to you and third parties plus damage to third parties.
Like others have said, by limiting the usage it reduces the risk for insurance. The $87 fee for the club permit includes the government fee and compulsory insurance for injury and damage to third parties.
I have also chosen to take out full comprehensive insurance for the bike with a private insurance company for damage, fire, theft, gear, etc to an agreed value for the bike. That is also significantly discounted by the bike having the limitation of usage from the club permit. That insurance cost me $118 for $8k of cover. For a fully registered bike the same private insurance would cost more than $1,000!

Now you can see why we love the permit system and bike more than 25 years old have gained significant value.
“Engineering is the art of being approximately right rather than exactly wrong.”

Yamaha XS750-2D
Yamaha XS896
Husaberg FE550
Yamaha TT250
Yamaha IT200N

Offline canyoncarver

  • DTT SUPPORTER
  • *
  • Posts: 3467
  • 'hacking is learning'
Re: XS750 to XS896 big bore
« Reply #402 on: Jun 22, 2018, 13:41:18 »
The normal full registration for a bike is about $800. That is made up of $200 government fee and $600 in government compulsory insurance, which pays for injury to you and third parties plus damage to third parties.
Like others have said, by limiting the usage it reduces the risk for insurance. The $87 fee for the club permit includes the government fee and compulsory insurance for injury and damage to third parties.
I have also chosen to take out full comprehensive insurance for the bike with a private insurance company for damage, fire, theft, gear, etc to an agreed value for the bike. That is also significantly discounted by the bike having the limitation of usage from the club permit. That insurance cost me $118 for $8k of cover. For a fully registered bike the same private insurance would cost more than $1,000!

Now you can see why we love the permit system and bike more than 25 years old have gained significant value.

Good info and interesting differences between you guys and here in the US.   Here the vehicle registration costs vary by state and insurance rates can vary widely across the US.  I have 4 road bikes registered and fully insured but I don't think I pay total what you do for your one vintage bike to be registered and insured.     All states require basic liability insurance (for the protection of others) to be legal.   Theft, crash, etc... is considered a"Comprehensive" and costs extra but I do have it for all my road bikes.   I'm not aware of any club aspect to vintage bikes and insurance.  Even inspections very somewhat from state to state. 
--
KZ400 The Rabbit
YZF750/1000R The Fly
KZ 750 Twin
ZRX 1100
65 Norton, My damn Shovelhead chop
more YZF750R's, the KZ's, a Zephyr750...and the unfinished 75' CB550 cafe.
--


Offline canyoncarver

  • DTT SUPPORTER
  • *
  • Posts: 3467
  • 'hacking is learning'
Re: XS750 to XS896 big bore
« Reply #404 on: Jun 22, 2018, 15:56:30 »
Whether that happens at all, or for how much it costs.

True, I've never had to have a bike inspected, other than the VIN here in New Mexico.
--
KZ400 The Rabbit
YZF750/1000R The Fly
KZ 750 Twin
ZRX 1100
65 Norton, My damn Shovelhead chop
more YZF750R's, the KZ's, a Zephyr750...and the unfinished 75' CB550 cafe.
--