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Old 01-15-2007, 08:45 AM   #103
Walub
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Joined: Feb 2006
Location: Winnipeg Manitoba Canada
Oddometer: 87
Quote:
Originally Posted by humvee
I think once you state the value as 1500 or 2500, or heaven forbid a $20,000 motorcycle, the rates will very quickly climb to $2400/year

so...in effect MPIC will give me $1000 for the bike if it gets written off, because that's the value I'm insuring it for.
Wow I am going to have to look into this. It just does not make sence for me to be paying $2000 a year to insure a bike that I could probably not get much more that $7000 bucks for.
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