Here's another comparison: When I lived in South Carolina in 2010, I insured my 2003 FireBlade for $240/year. That's not a typo. We're talking about a 400 lb., 154 HP liter bike with no ABS, no rider aids and no traction control for $20/month. A young rider in Southern Ontario probably couldn't even GET insurance for a bike like that, at ANY price. Insurance rates in Ontario are criminal. Al Capone never had a racket as good as the Ontario insurance cabal.
Your rates are driven by your record, your area. If you have combined house/car insurance, your rates will also be lower. I unfortunately only have bike insurance, so I am in the $1000 range. Old guy 70, clean of claims. NO sense even trying to compare to any US rate.
When I wanted an FZ1, they wanted $1800 for basic insurance, classed as super sport. They've driven out the young guys with sport bikes, they pay more for insurance than a brand new bike. I know guys/girls in their 20's paying $4-5000 for non-sport bikes. I hear BC is just as bad as Ontario.
Just got my renewal documents from Northbridge Insurance. Policy includes house ,car and two bikes. On bikes, 1 Million liability, $1,000 deductible for loss or damage. 2008 FJR is $808. 2012 Honda CBF1000FAC is $761. I'm shopping around, but I don't think I'll be able to do much better in central Ontario.
Im 64 with a clean driving record. 2018 FJR, liability only, my area is south west Ontario. Yearly premium is $711.00 with Travelers Ins. ( Dominion of Canada, underwriters ). The policy claims I have been given , Dual policy, Multi vehicle, and a loyalty discount. However I recently moved my home and cars to another provider and they made no attempt to claw back any of those discounts.
However I’m a little scared after comparing rates with my fellow Canucks about my renewal in April 2022!
2019 ES in Hamilton. 66 y/o.
Full coverage - Wawanesa.
One 10kph over speeding ticket (+ 10% to premium....comes off in Dec)
Non continuous coverage / lapse, applies to me (+15% to premium......who knows when they'll drop this).
$875, bundled with home & cage.
Allstate was much, much cheaper (bundling) until my lapse.
My last bike, '13 busa was $775. Post lapse, they wanted $2600.
Somehow I missed this thread. When I had the FJR 2016 - was paying $1,200. Clean driving record, 44yo, been riding for 7 year FULL M. My buddy (who bought my FJR) is paying around the same thing, he is 35-40yo age group with a clean record. It seems to be that the insurance companies just select options from a drop down which include category, CC's of the motorcycle.