Megson FitzPatrick Insurance

Discussion in 'Canada' started by blue01, Feb 4, 2010.

  1. blue01

    blue01 Been here awhile

    Joined:
    Jan 15, 2007
    Oddometer:
    147
    Location:
    Snowbound B. C.
    I have my optional insurance with MF and it's coming due next month. Over the past year I had heard a few people talking of bad experiences they had with Megson. Prior to this they had a very good reputation. The story goes that apparently there was some kind of change with the insurance and claims are not being viewed in the same positive light that they once were.
    Does anyone in the west have experience with Megson FitzPatrick, positive or negative?
    Any experience with other insurance companies in case I decide to switch?
    #1
  2. Steve G.

    Steve G. Long timer

    Joined:
    Oct 30, 2004
    Oddometer:
    12,999
    Location:
    West is the Best
    A couple buddies I ride with insure optional coverage with them for yrs. And one guy has crashed 3 bikes in two yrs!! They are still covered.
    I just went into Coast Capital Insurance yesterday to get a quote for my bike. It should be intersting. You can get a quote online with them

    Steve
    #2
  3. anjin

    anjin painted side up

    Joined:
    Dec 25, 2004
    Oddometer:
    87
    Location:
    Victoria, BC
    I used Megson for years, however last yr I was re-insuring my cars optional insurance with Canadian direct and was told they also did bikes. They only cover "touring and cruising bikes", but the list (by manufacturer) is on their web site and included my r1200gs as well as my wing. Their rates beat Megson by about 50% and also include optional liability insurance which Megson will not cover and is expensive to get from ICBC. Check it out, my experience was good. I have also dealt with their claims dept for a fender bender for my truck (our fault) and a rear ender on a car (other sides fault) and found them much more user friendly than ICBC (although thats not too hard) YMMV
    anjin
    #3
  4. RedDogAlberta

    RedDogAlberta High Plains Drifter

    Joined:
    Nov 27, 2009
    Oddometer:
    18,029
    Location:
    Edmonton, Alberta
    Canadian Direct have my Jeep and home. They will NOT insure my Buell but will job it out to a third party on the condition that I haul it to Edmonton for inspection - a brand new machine never registered or plated. I indicated it's a good thing the third party isn't in North Carolina. They expected me to borrow a truck, get help loading and arrange help unloading later in addition to popping for $50. fuel return so they can look at a brand new motorcycle.

    50 years old and not so much as a parking ticket on a bike in 34 years, with one ticket in a mini van for 106 in a 100 17 years ago. They're now losing the Jeep and the house as well.
    #4
  5. Steve G.

    Steve G. Long timer

    Joined:
    Oct 30, 2004
    Oddometer:
    12,999
    Location:
    West is the Best
    I work in the bodyshop business. I can tell you that I wouldn't insure my Honda lawnmower with Canadian Direct.
    Besides, I also don't care for their blatent cherry picking of vehicles that they would insure.

    Steve
    #5
  6. the kaz

    the kaz has become "FERAL"

    Joined:
    Feb 5, 2007
    Oddometer:
    1,751
    Location:
    West Coast EH.....
    I could not get an online quote cuase of the " had more than 2 driving violations" thing :eek1 D'OH :lol3 :lol3 :lol3 :lol3
    #6
  7. IKIGAI

    IKIGAI Been here awhile

    Joined:
    Mar 23, 2007
    Oddometer:
    965
    I’ve used MF for about 5 years now. Had one claim with them (2007) and really had nothing to complain about, other than the insurance company (I think it was ING at the time) were rude assholes to deal with, but that’s just being Canadian.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:eek:ffice:eek:ffice" /><o:p></o:p>
    <o:p> </o:p>
    MF (who is only the broker by the way) is now using intact as the insurer.<o:p></o:p>
    <o:p> </o:p>
    One of the nice things about dealing with MF, is that they now have themselves set up as a merchant on the bank clearing system and that means (if you bank on line) that you can pay your annual policy fee on line just like you would any other bill payment.<o:p></o:p>
    And that’s nice – not having to mail a cheque or hunt around town trying to find an agency. They’ll also email you your renewal or any changes to a policy that you might want to make.<o:p></o:p>
    <o:p> </o:p>
    MF also offers short-term liability & theft on bikes purchased states-side for in-transit requirements, and that can be arranged over the phone with them.<o:p></o:p>
    <o:p> </o:p>
    I checked out Coast Capital some years ago at the bike show, and their rates really weren’t all that different from Icky-bicky’s when all the options were totaled up. <o:p></o:p>
    #7
  8. BC Brian

    BC Brian Been here awhile

    Joined:
    Dec 13, 2009
    Oddometer:
    848
    Location:
    Fort Fraser BC
    I have been insuring with MF for about 6 years now and have been happy with them, although I haven't made a claim.
    I insure a Road Glide, a Duc ST2 and a KLR, and they give a multi bike discount, as long as you are the only rider for all the bikes. It's great, cause when buddy says "Can I ride your Ducati?" I can say, "sorry, you're not on my insuarance."
    I insure over the phone and pay by credit card. Dealing with their motorcycle office has always been a positive experience.
    #8
  9. nvdlboy

    nvdlboy Long timer

    Joined:
    Apr 6, 2007
    Oddometer:
    1,007
    Location:
    North Vancouver, BC (right beside the forest)
    I looked in to MF when I had my DRZ; I live in a strata and I don't have a carport/garage - they wanted me to be able to lock the bike to an immovable object, which I couldn't do without sinking some sort of bolting system into my parking stall. I wasn't in to that so I went with Beacon when I got my DL650; so far no issues and the price has been right. My strata requires coverage on any vehicles parked on the property, which is why I carry full coverage year round.
    #9
  10. CruisnGrrl

    CruisnGrrl Two wheels, woot!

    Joined:
    Oct 25, 2008
    Oddometer:
    260
    Location:
    Trenton, Ontario
    why wouldn't you want to make it more difficult to steal your bike? what exactly is a strata?
    #10
  11. canuck

    canuck Been here awhile

    Joined:
    Jun 11, 2002
    Oddometer:
    400
    Location:
    Vancouver B.C. Canada
    I have insured with Coast in the past and had no issues. (no claims)

    One thing I noticed when I tried to renew was that they would not insure for riding offroad. When I inquired as to the meaning they said any logging/dirt road. Make sure to ask the question if it is important to you.

    YMMV
    #11
  12. NordStrom

    NordStrom Adventurer

    Joined:
    Jul 30, 2009
    Oddometer:
    10
    2 years ago, I totalled my bike, insured with MF. No problems whatsoever with the claim. Insurance was with ING at that point. Took a week or two to get the bike hauled into town and for the insurance adjuster to have a look and decide to write it off, but then they hand-delivered the cheque to my door! They didn't hesitate to insure me again once I had purchased another bike. The brokers at MF are a friendly, bike-riding bunch, the adjuster they used was great, and their prices are pretty darn good. Maybe not the lowest rates out there, but I've heard horror stories about Canadian Direct. Maybe its a case of you get what you pay for. Now if only ICBC would only get out of the base liability business - that's where I incur most of my annual insurance costs.
    #12
  13. Tijuana Bible

    Tijuana Bible n00b

    Joined:
    Feb 7, 2010
    Oddometer:
    1
    Location:
    Vancouver Island
    In BC there is an Insurance company called Beacon Insurance. They gave me an amazing rate on my bike. I had a little whoopsie which I claimed. The first was a freebie, and they wrote me a cheque for $1000 to replace my damaged gear without arguing or anything. My Full Collision and Comp for a brand new bike is $325 per year. Note I have full discounts on an accident free history.

    The Adjuster was fast to look over the bike. The longest wait was for parts.
    #13
  14. Bill 310

    Bill 310 Poser Emeritus

    Joined:
    Dec 4, 2002
    Oddometer:
    4,411
    Location:
    Hopefully Upright
    I have dealt with MF since 2000. I was knocked down at a Riding School and the bike was totaled MF paid me replacement cost. My second claim was when I hit a Moose. The bike was rideable and I rode it home fro the Maritimes. It was subsequently written off and I was again paid out replacement cost coverage.

    When I renewed the underwriter talked to me and based on 2 no fault accidents coverage continues. We have 4 MC's insured by them, their service is stellar and the claims adjuster was a very decent guy in each case.

    If you have a new MC replacement cost is critical to have
    #14
  15. rowdy_154

    rowdy_154 n00b

    Joined:
    Feb 2, 2010
    Oddometer:
    1
    Location:
    Langley, B.C.
    :D I use Coast Capital Insurance, I haven't had any claims but price is good
    #15
  16. blue01

    blue01 Been here awhile

    Joined:
    Jan 15, 2007
    Oddometer:
    147
    Location:
    Snowbound B. C.
    It's Intact that I'm concerned about. Prior to them, it was ING and there were always good experiences from riders who had acidents dealing with MF/ING.
    But lately, there has been some negative experiences with MF/Intact.
    This is going to require a bit more thought and research.
    #16
  17. nvdlboy

    nvdlboy Long timer

    Joined:
    Apr 6, 2007
    Oddometer:
    1,007
    Location:
    North Vancouver, BC (right beside the forest)
    My bike is locked up with a braided kevlar cable through the wheels and controls, a disk lock and the cover is attached with a personal siren, so I will know if anyone even lifts the cover. It is parked at the end of our parking stall behind our car - it would take significant effort to get it out. Given all of that, if anyone really wants to, they could make the effort - but it's like anything else, go after my neighbour's unsecured bike first I think.

    I live in a townhouse that is arranged as a strata corporation, meaning that the 143 units comprise a "corporation" which owns the land and buildings, we have a property manager to look after running our business in conjunction with a council made up of owners/residents. We also have a set of bylaws which cover where you can park, walk your dog (you can only have 1), what colour your doors and window coverings are and when you take down your Christmas lights/decorations or do other things to entertain the neighbourhood... generally a set of rules you agree to live by to promote harmonious, neighbourly relations :rofl It may sound a little draconian, but it's really not (unless you don't like having to ask permission to vary the exterior of your residence). Having said all of that, our parking area is considered common property (though our stall is "limited common property" meaning it is for our use primarily) - they don't want folks altering the uncovered parking stalls. If I'm away from home on business or family vacation (or like now with it being winter) - I park in a friend's locked garage so my bike has the company of a couple of other parked motorcycles.
    #17