redlinedave
Been Around the Block
I need an appraisal for insurance. anyone recommend anywhere?
Fawcett motors in whitby wants $90. I'd like to find cheaper.
Fawcett motors in whitby wants $90. I'd like to find cheaper.
appraisal for insurance
- Thread starter redlinedave
- Start date
my-79-750-k
Therapy is expensive. Riding is cheap. You decide.
Why would you need appraisal for insurance? Are you getting full coverage with gap and uninsured and basically everything there is on a bike worth less than your first years insurance payments would be? My insurance is 190/year and if I total it out, I only get a grand out of it for replacement value, but it's only 190/year!
redlinedave
Been Around the Block
insurance in Canada is large $$$ for motorbikes, If I get an appraisal I can get "classic or collector" rate. about half of what I would pay .
redlinedave
Been Around the Block
would go to 365 from just a hair under 600
Slice
Been Around the Block
Never had to appriase... im with these guys:
http://ontarioinsurance.aloak.ca/motorcycle.html
-Slice
http://ontarioinsurance.aloak.ca/motorcycle.html
-Slice
Jevco is the underwriter most of us use I think, through a variety of brokers. If you've been riding for more than 1 year or so and have a good record expect to pay around $0.70/cc for liability only (I pay $560 for my BMW R75 750cc).
DrJ is correct - the 'Classic Chrome' or whatever option you're looking at that requires an appraisal is for very limited use, and frankly, I don't know how much you end up saving in the end.
DrJ is correct - the 'Classic Chrome' or whatever option you're looking at that requires an appraisal is for very limited use, and frankly, I don't know how much you end up saving in the end.
Garage_guy_chris
Been Around the Block
statefarm will insure basic liability policy without an appraisal, the other company i found that would insure the bike without a appraisal is Dalton Timmis. They both wanted similar rates, Im 24, 1yr experience,71 CB450, living in toronto, paying $1080 a year, with statefarm. I believe statefarm underwrites there own bikes but i think dalton timmis is underwritten by jevco?!?!?
I wanted to go the appraisal route myself as i feel my machine is worth a little more than $1000, but after looking into it i decided without was the better way to go. For me the word "modified" was getting thrown around too much for my comfort. they get weird when you paint and freshen up a bike....
I wanted to go the appraisal route myself as i feel my machine is worth a little more than $1000, but after looking into it i decided without was the better way to go. For me the word "modified" was getting thrown around too much for my comfort. they get weird when you paint and freshen up a bike....
sonnythebull
New Member
Www.vintagecarconnection.com can do an appraisal that your insurance co will accept
Nanahan Man
Been Around the Block
$90 for an appraisal is about right.
I have 2 bikes on Silver Wheels as "classics" and use them casually. Probably saves me about $200 per bike per year. And that is with collision.(through Dalton Timmis)
The other bike is on a standard policy and is what I use for commuting and touring.
Getting an appraisal can't hurt as it gives you some kind of proof of the value of your bike in case of an accident claim.
Let's face it, most of us do modifications that can cost a lot of $$ so the appraisal gives evidence of that value.
IMHO...$90 well spent!
I have 2 bikes on Silver Wheels as "classics" and use them casually. Probably saves me about $200 per bike per year. And that is with collision.(through Dalton Timmis)
The other bike is on a standard policy and is what I use for commuting and touring.
Getting an appraisal can't hurt as it gives you some kind of proof of the value of your bike in case of an accident claim.
Let's face it, most of us do modifications that can cost a lot of $$ so the appraisal gives evidence of that value.
IMHO...$90 well spent!
