Motorcycle Insurance
Product Description
You want insurance protection that covers a wide variety of
motorcycle makes and models. Plus, you’re looking for a
program that rewards you for a good driving record and is
payment-free in the winter months.
Here’s how it works A motorcycle is generally
defined as a self-propelled vehicle having a seat or saddle for the
driver, steered by a handle bar and designated to travel on not
more than two wheels in contact with the ground, or any vehicle
registered as a motorcycle by the responsible provincial authority.
Since the legal definition of a motorcycle may vary from one
province to another, please refer to the legislation in your
province to determine whether your vehicle qualifies as a
motorcycle and to learn more about your responsibilities.
Much like car insurance, motorcycle insurance is mandatory, subject
to certain exceptions. The
mandatory insurance coverage includes liability coverage in the
event that you are legally liable for bodily injury or property
damage caused by the use or operation of your motorcycle, and it
may also include Accident Benefits (and also Direct Compensation
– Property Damage and Uninsured Automobile) coverage for
medical expenses and loss of income, as well as other coverage
depending on your province. This does not apply to the province of
Quebec.
You can also purchase additional voluntary coverage for your
motorcycle. The options include comprehensive, which is
protection namely against fire, theft and vandalism, and
collision, which is coverage for damage to your vehicle
caused by a collision with another object or by upset.
Who’s eligible?
You must:
- be a licensed driver of a motorcycle.
- have motorcycle experience or have recently taken a rider
training course.
- reside in Alberta, Yukon, Northwest Territories and Nunavut,
Ontario, Quebec or an Atlantic province.
For more details on eligibility, visit our
restrictions section.
The information and examples provided in this section are intended
as general information only. This does
not constitute legal or insurance
advice, nor does it pertain to determination of fault. In all
cases, you should speak to an insurance professional before acting.
Your insurance policy contains limitations and restrictions which
vary by province and may affect your coverage and/or determine
whether or not benefits will be payable.
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