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Old 04-17-2006, 08:21 AM   #1
priday
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Default Re: A Sign of Things to Come?

WHat the HELL???



(eh?)



That is one of the most absurd things I've ever heard! Is Insurance regulated by the government there? If not, then shut the hell up and charge the people RIDING THE STATISTICALLY AT RISK BIKES FOR THE MONEY YOU ARE LOOSING! Or simply refuse to insure them! What about people who buy one cash and only carry liability?



This goofy bastard needs a quick slap back to planet earth......



As always, in my humble opinion.....



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Old 04-17-2006, 08:23 AM   #2
bboule
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Default Re: A Sign of Things to Come?

Yah.. sounds like they have government regulated insurance.



The guy should just get out of business if it's so bad.
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Old 04-17-2006, 08:26 AM   #3
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Default Re: A Sign of Things to Come?

it sounds like the insurance industry is just pulling the chains of the legislators to whom they have given money, making a renewed bid to try to influence future vehicle safety legislation. these things take years (sometimes decades) to work their way through the process, so this sounds like just part of the insurance industry's long-term process of trying to define the terms of debate. sometimes that doesn't work so well e.g. - remember john danforth and the failed us anti-big-sportbike proposals from the '80's - and sometimes it's more effective - e.g the successful helmet laws in many states.



bid low, and then negotiate your way back up - works at the swap meet, works in the legislature too...and certainly simple size restrictions have been shown to "work" in japan and europe.
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Old 04-17-2006, 08:27 AM   #4
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Default Re: A Sign of Things to Come?

Nah, Canucks had their guns taken away already. Not long and they'll be on 400cc bikes.
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Old 04-17-2006, 08:34 AM   #5
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Default Is it still legal to have a **** in Canada?

or do you need a permit for that too?
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Old 04-17-2006, 08:35 AM   #6
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Default Re: A Sign of Things to Come?

So the insuirance companies are going broke insuring sportbikes? I'll believe that when the CEO's give up their multi-million dollar homes and cars...



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Old 04-17-2006, 08:48 AM   #7
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Default Re: A Sign of Things to Come?

I used to email back and forth with a guy in Canada who rode a KZ400 because of the outrageous, government mandated extra cost to insure anything bigger. I don't recall the amounts he said, but he paid way more for his one 30-year-old bike than I pay for three, including a 400cc Yamaha and a 650 and 900 KZ. If the insurance companies are really losing money (I seriously doubt that), the Canadian government must be pocketing most of the ridiculous premiums.

Insurance companies lose money like any other industry heavily tied-in with government: for their own convenience, and not in real life.
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Old 04-17-2006, 09:23 AM   #8
ccd3
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Default Fair trade

I'll give up my sportbike if Canada takes back Celine Deion.
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Old 04-17-2006, 09:23 AM   #9
500Rider
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Default Re: A Sign of Things to Come?

Ok, this is a little silly. In Ontario, with State Farm, they charge based ont eh displacement of your engine. Thus making a 600cc sportbike prettry much the checpest "real" bike you can insure. This is likely one single insurance company that somehow got hold of a megaphone and a soap box.
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Old 04-17-2006, 09:33 AM   #10
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Default Re: Fair trade



I'll give up my wife's sportbike if Canada takes back Celine Deion !



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