Originally Posted by Glaedr
I used to own a 95 VW GTI VR6 and i remember a full years of insurance under my name would of been around 3.3K
That's insane, I wouldn't even get insurance other than basic and liability for a car that old.
My 2003 C230 is only worth $6-8K (very high mileage), so I don't have collision or comprehensive on it, saves me $800/yr. It'll suck if I have a serious at fault accident, yet otherwise 5 years from now I'll have saved more than the car will be worth.
I was considering not getting collision or comprehensive on the bike too, since the first quote was $1200 from ICBC. Beacon quoted me $325, so it was hard to say no to that. Those prices are ontop of $900 ICBC basic.