Why do I need motorcycle insurance?
Because motorbike insurance is required by law in Canada, for starters. The mandatory minimum coverage for includes the following:
- Third-party liability ($200,000 minimum): Protects you if you kill or injure another person in an accident or if you damage another person’s property.
- Statutory accident benefits: Provides you with medical, rehabilitation, and death benefits in case you’re killed or injured in an accident, no matter who caused it.
- Direct compensation property damage (DCPD): Pays to repair your motorcycle if another driver is at fault for the accident and if the accident occurs in your home province and involves a driver who’s insured in another province.
- Uninsured automobile coverage: Provides you with coverage if you’re injured or killed in an accident involving an unidentified or uninsured driver.
Can I add extra coverage to my motorcycle insurance policy?
Yes, of course. Your policy can range from the mandatory minimum to a more advanced plan, which may include collision and liability coverage or insurance for other perils, like fire and theft. You can even get coverage for your electronics and accessories (GPS devices, saddlebags, etc.).
You can also customize your policy to your specific habits. For example, if you like going off-road, you can purchase additional peril coverage that insures your motorcycle against damages that may occur when you ride in those conditions.
I only ride my motorcycle for a few months a year — can I buy seasonal motorcycle insurance?
Motorcycle insurance policies in Canada are issued for a period of one year and there’s no way around it. In fact, if you’re thinking of cancelling your coverage during the winter months, don’t. The savings are negligible and it could be detrimental to your insurance history and cause your rates to go up in the long run.
The good news is that insurance premiums are only calculated based on riding season anyway (i.e., late spring, summer, and early fall). The price of your premium will reflect the fact that most people are not riding during the snowy, slushy, icy months.
Why do I need motorcycle insurance for a motorized scooter?
The only way to get insurance for scooters right now is to purchase motorcycle coverage. Motorized scooters that run on gas are in the same category as motorcycles, according to Canadian insurers. If you’re planning to purchase one — or if you already have one and are using it — you need motorcycle insurance.
What kind of insurance do I need for a dirt bike?
You must have insurance to use a dirt bike in Canada. Dirt bikes are covered by off-road vehicle insurance, a specialized product. Most insurance companies offer this product.
How do I get a motorcycle insurance quote?
Just email us at firstname.lastname@example.org and we’ll help you find the best motorcycle insurance quote available in your area.
Why should I shop for motorcycle insurance online?
Looking for motorcycle insurance can be overwhelming — there are so many different providers and motorcycle insurance packages to choose from. Shopping online simplifies your search.
When you shop online, you can quickly compare bike insurance rates from multiple insurers. There’s no obligation on your part when you shopping for motorcycle insurance quotes online.
Compare insurance rates today to ensure you find the best motorcycle insurance at the cheapest rate.
I own a restricted-speed motorcycle — do I still need motorcycle insurance?
Yes. Restricted-speed motorcycles — also known as mopeds — are bikes that cannot exceed 70 km/h and have an engine size of 50 cubic centimetres or less. They require the same insurance as a full-size motorcycle, and you need a restricted class M licence (or a full motorcycle licence) to drive them.
I customized my motorcycle — will my aftermarket add-ons be covered by my insurance policy?
Yes. Most providers will offer coverage for aftermarket parts and accessories in their policies, but you can also purchase additional coverage if your modifications exceed coverage limits. Just remember to ask your provider about aftermarket coverage to make sure your bike is protected.
Here’s a list of some of the aftermarket parts and accessories that you can typically get coverage for:
- Custom paint.
- Saddlebags or other on-bike storage.
- Exhausts/muffler modifications.
- Custom lighting.
- Hand/foot controls.
- Other items not sold by the manufacturer.
Can I drive my off-road motorcycle or motocross bike on the road without insurance?
No. If you plan on driving an off-road motorcycle or motocross bike on the road in Ontario, you must have the same insurance that you would have for a normal motorcycle. You also need at least an M2 license.
Which two-wheeled vehicles need motorcycle insurance?
According to the Insurance Bureau of Canada, motorcycles, mopeds, motor-scooters, and motor-assisted bicycles all require insurance unless you only drive them on private property.
What factors affect my motorcycle insurance policy and the rate I pay?
Similar to the way auto insurance rates are calculated, motorcycle rates are calculated using factors like these:
- Your age.
- Your licence level.
- Your riding experience.
- The make and model of your motorcycle.
How can I save money on my motorcycle insurance premium?
In general, a safe driving record is the best way to keep your rates low. Here are some other tips for saving money on your motorcycle insurance premium:
- Install a security system on your motorcycle.
- Join a club and take advantage of club discounts.
- Take an approved training course and get certified.
- Bundle your motorcycle insurance with your home and auto insurance.
- Buy a smaller motorcycle — the more bike you have, the higher your insurance rate.
You can also ask your insurance provider if there are other ways you can get a cheaper rate.
Should I insure my motorcycle in the winter?
Yes. Even though it’s not likely that you’ll be driving your motorcycle in the winter, it’s still a good idea to have comprehensive coverage for your ride year-round. That way if your motorcycle is stolen or damaged during the winter months, you’ll still be covered.
How can I have a hassle-free claims experience?
Keep all your documents (registration, proof of insurance, maintenance log, applicable receipts, etc.) in order so you’re always ready if you need to make a claim. And if you want to really go above and beyond, consider keeping up-to-date photos of your motorcycle on hand to help the claims process go smoothly and quickly.
What kind of insurance do I need for a bicycle?
Bicycle insurance in Canada isn’t really a thing. Since people of all ages can cycle, insurance isn’t a prerequisite to operating one.
However, home or renters’ insurance will often cover theft and/or damage. In addition to that, your home/renters policy may also cover your personal liability and some medical costs if you’re ever involved in an accident.