Motorcycle Riders

I am about to purchase my first motorcycle. A Kawasaki Ex500. I have only heard good things about this being a great beginner bike. I'm just wondering what to expect as far as insurance rates go. I got my M1 last week, so I am a complete noob. Is there anyone in this situation who can give me some rough ideas? I am 21, m, single, don't own home, I am a student. Any ideas would be helpful, thanks!

Nice little beginner bike. I looked at that too when I first started. I ended up purchasing a cruiser because the rates were lower than a sport bike.

Just need liability insurance for it if it's an older EX500. If you got your M1 through a course, you'll get an insurance deduction. You'll also notice your insurance rate lower starting the 2nd year.

Keep the shiney side up.

Get a Busa!

Tip #1
Be prepared to get raped by the insurance companies!
I believe that there are only three companies that do motorcycle insurance (all other companies got through them)

Primmum
Kingsway
State Farm-most brokers require a car to get insurance but you might get lucky

State Farm is the cheapest from what I hear ( I'm with Primmum at the moment) but they need a car most times. they also go by the size of your bike (CC's) not by type ie. Supersport, Cruiser so CBR 600 is cheaper then a 1000 cruiser.
You can got an online quote for Primmum here:
http://www.primmum.com/en/shop/moto/quote
don't know about others

Tip#2
TAKE A MOTORCYCLE SAFETY COURSE
it will teach you stuff and help out the insurance problem


also you might want to check out the SV650, or older CBR's as beginner bikes

- Well the Kawi EX500 is a pretty good, safe choice for a newbie. I've ridden all the 600cc class to some of the litre bikes. It should be reliable, fun to ride without the scary power for people just starting out. One of the things I think is useful in that bike is the center stand. LOL Not a lot of bikes out there have it these days. Useful for oiling the chain, cleaning the wheel, don't have to worry about it keeling over etc.

- Insurance-wise I'd recommend you to get your M2 license first since that will affect you rates. And that means also that to get your M2, you'll have to take a course where they will teach you a lot of useful riding techniques and theories. Take the course and you be glad you did later. You can contact RTI, Centennial, Seneca college etc if you're in the GTA.

- To ride the bike home, you'll have to get insurance. So i'd recommend you do your homework before you buy the bike. They'll ask you for your insurance policy when you transfer the bike legally to your name/ get a numberplate. You *could* however tow the bike home without insurance. Hassle though. Don't get caught riding without insurance, you'll pay for that through your butt big time. Cops have a hard on for guys on sports bikes. They love to do random checks for no reason. They like to check whether you own the bike or have proper insurance. Cuz lots of sports bikes are stolen every year.

- In regards to insurance rates, PM me your email address and I'll forward you a compiled list of insurance companies and who to call from MMIC. http://www.mmic.ca/

- One of my alltime favourite forum is (http://www.gtamotorcycle.com) You'll find lots of helpful info and people there.

You can add me on MSN messenger if you have more questions. I'm in the GTA.

Thanks for all the detailed info guys!

Does anyone have any guesstimates as to what I might be paying? A friend of mine in the same situation but riding a GPZ900 is paying $115 a month! Is that something I might expect to be paying? Or even less since I am giong to go for a lower CC bike?

Lets say after you get your M2 and since you're 21 riding an ex500, you'll probably be paying around $1100-$1500 per year. Your next insurance break will happen when you turn 25.




http://www.gtamotorcycle.com/viewtopic.php?t=21261
http://www.gtamotorcycle.com/viewtopic.php?t=21262
http://www.gtamotorcycle.com/viewtopic.php?t=19697

The Kawi EX500 is a great little bike... I had a blast with mine after boot camp many years ago. I had moved from Vancouver to Borden and left my ride Vancouver. Didn't want to be vehicle-less for a year in Borden/Barrie..wanted an RZ500 but settled for the EX. Insurance is/was ridiculous in Ontario, at least compared to what I was used to back in BC. The year after I left Ont. I got a letter from the insurance company denying me insurance due to the fact I was only 19... and many motorcycles were getting black listed at the time..namely the bigger Ninja's and the Gixxer 1100.

Have fun with your EX..she handles like a beaut, I think I rode that harder than I do my RC51 these days...

This is a good motorcycle site for ppl in GTA.

first of all
dont get an EX500... month or 2 and you'll be bored of it
lowest you should go is an SV650S... just dont be stupid with it (older R6 or any of the newer 600s would be perfect if you can control yourself)

if you're a moron tho stick to the EX500

I know its a lil off topic, but...
Can someone tell me Wuts the best way to get the M licence in GTA?
Appreciate.
Thanx

Originally Posted by dgmorr

I am about to purchase my first motorcycle. A Kawasaki Ex500. I have only heard good things about this being a great beginner bike. I'm just wondering what to expect as far as insurance rates go. I got my M1 last week, so I am a complete noob. Is there anyone in this situation who can give me some rough ideas? I am 21, m, single, don't own home, I am a student. Any ideas would be helpful, thanks!

Thats a great starter bike, When I had my rz350 on the road I was with a company called JEVCO they were cheap!!!!!! they just insured bikes....

My first bike was a 99 Suzuki SV650s. I bought it used in 2000 for $5900. Actually, it's my current bike too. And last year, it was my race bike. But now it's just my street bike.

For insurance, I only have 3rd party liability so it costs me ~$140/yr. I figure the bike is only worth ~$5000, there's no lower fairing, and I have frame/bar-end/spool sliders to minimize any damage. For full coverage (3 yrs ago), I think it was ~$900/yr.

I'm biased, but I also recommend an SV650s. Although EX500 are also good bikes. Some shorter (<5'3") people may have trouble with the SV650s' ride height or they may not like the slightly sportier (compared to the EX500) ride position.

IMO, for the extra bit of money, an SV650 just looks like a much nicer bike.

Originally Posted by to_munda

I know its a lil off topic, but...
Can someone tell me Wuts the best way to get the M licence in GTA?
Appreciate.
Thanx

Anyone????

Go to a licensing centre and take the test! It's $17!

Originally Posted by to_munda

Anyone????

Can you insure your bike just for the summer months, or do you have to insure it all year long even if it will be sitting in your garage during the cold months ?