Thread: Gas Prices
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Old 04-24-2008, 06:59 PM
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Quote:
Originally Posted by Quinster View Post
BMW Rider

Out of curiosity what do you get charged for insurance on your bikes there?

Manitoba has made it so there is almost no cost saving by insuring a motorcycle, the insurance is so high that it cancels out the fuel savings.

I have a 1948 Chevy with a 396 big block, and while city mileage is poor, highway is decent. Now gas being $1.25/L mileage is an issue, but it costs me less than $1000/year to insure the vehicle ($884 for all purpose and full coverage), while my 1100cc shadow now would be $2058 with no fire and theft or vandalism.

That $1174 would buy a lot of gas in the 5 - 7 months we drive either vehicle here! I wish I could justify a bike again!
Youch, that's extreme. My rates for both bikes with full coverage (collision, all perils and liability) is a little under $1200 per year. I'm insured under the MMIC's Open Road insurance program. The rates with them are much more reasonable than through most independant insurers, but I see that is not available to you in Manitoba.
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