Quick and efficient, compare motorcycle insurance quotes

So do you have to get motorcycle insurance? Motorcycle insurance is mandatory in Ontario if you’re using your bike off private property which will be the case for most, if not all, riders. Similarly to auto insurance, you’ll need the four mandatory coverages: third-party liability, accident beenfits, uninsured motorist, and direct compensation-property damage. 

With an M1 licence you can only get insurance through the facility association. While they work with insurers to find you the best rate, it may only be around $4,000 per year. If you’re under 21 and you only have your M1, you could be looking at over $7,000 annually to be insured. 

Also, some insurers won’t even offer insurance if you only have your M1, such as Aviva and Wawanesa.

The cost of motorcycle insurance in Ontario can range from $1,500 to $3,500 on average. A 24-year-old M1 rider living in downtown Toronto will pay nearly $4,000. As soon as this rider gets his M2, that insurance could be cut in half. Rider training is also essential to lowering rates. 

No, you don’t need a license to get insurance. However, most insurance companies will offer lower rates the longer you hold a motorcycle license, even without insurance or a motorcycle.

Due to the high probability of theft, comprehensive insurance is a must on your policy (but no law requires it). 

Insurance for any scooter whether it’s a Vespa or Piaggio, requires motorcycle insurance. However, it’s much cheaper than traditional motorcycle insurance would cost. 

No, there is no requirement for E-bike riders to get insurance, however, it is a good idea to get coverage for damage to your electric bike as well as third-party liability and personal injury coverage. At this time, most insurance companies don’t offer any specific coverage for electric bicycles.

Most motorcycle insurance policies in Ontario are already adjusted for seasonal use because insurers won’t expect you to ride your bike during the winter months. If you want to cancel your policy early, be aware that you may not get a refund, and gaps in coverage could lead to higher rates in the future.

Yes, most motorcycle insurance companies offer multi-vehicle policies that allow you to bundle your car and motorcycle together for a discount. If you own more than one bike, you can also ask about bundling the vehicles together to get cheap motorcycle insurance. 

Yes, if your motorcycle insurance company also offers home insurance, you may be able to receive a discount by purchasing both types of insurance under the same provider. And if you also bundle your car insurance on top of your motorcycle and home policies, you could qualify for even cheaper motorcycle insurance.

By dialling RH Insurance at 1-888-616-1868 or booking a call online, you can connect with one of our licensed motorcycle insurance brokers and recieve motorcycle quotes to protect your bike with the coverage needed.