Baylaker Posted September 18, 2018 Share Posted September 18, 2018 So it’s that time of year again. Sleds are up for renewal. Just got an increase of $240 per year for both sleds. Not too happy about it, so I figured I’d ask if there’s any insurance companies specifically geared towards the sledder. If anyone has any info, please share! Thanks Link to comment Share on other sites More sharing options...
gobills Posted September 18, 2018 Share Posted September 18, 2018 Im with TD and i hate them have stand alone coverage there and ya mine went up this year as well. I will be looking elsewhere, i will post what i find. Link to comment Share on other sites More sharing options...
Baylaker Posted September 18, 2018 Author Share Posted September 18, 2018 That’s who I’ve been with for years now, and now all of a sudden a jump in the premium. No accidents or claims either... Link to comment Share on other sites More sharing options...
Blake G Posted September 19, 2018 Share Posted September 19, 2018 Baylaker, just to clarify, did the price increase by $120 per sled? Link to comment Share on other sites More sharing options...
Baylaker Posted September 19, 2018 Author Share Posted September 19, 2018 Yes it did Link to comment Share on other sites More sharing options...
manotickmike Posted September 19, 2018 Share Posted September 19, 2018 Government enforced larceny. Link to comment Share on other sites More sharing options...
snapper Posted September 19, 2018 Share Posted September 19, 2018 13 hours ago, Baylaker said: That’s who I’ve been with for years now, and now all of a sudden a jump in the premium. No accidents or claims either... Consider yourself lucky you have no claims as insurance companies love to use that excuse for your rate increase. Link to comment Share on other sites More sharing options...
Poo Man Posted September 19, 2018 Share Posted September 19, 2018 Wow that increase is what I pay for my one sled in total! I'm with state farm, they've always been good to me with no increases. I do have cars and house with them though. Link to comment Share on other sites More sharing options...
JJL Posted September 19, 2018 Share Posted September 19, 2018 just got my TD renewal in the mail last night. was shocked at the price, seems to have gone up a lot. might have to shop around too. been happy with TD til now. Link to comment Share on other sites More sharing options...
Baylaker Posted September 19, 2018 Author Share Posted September 19, 2018 7 hours ago, Poo Man said: Wow that increase is what I pay for my one sled in total! I'm with state farm, they've always been good to me with no increases. I do have cars and house with them though. I used to be with State Farm but they jacked their prices too Link to comment Share on other sites More sharing options...
Baylaker Posted September 19, 2018 Author Share Posted September 19, 2018 2 hours ago, JJL said: just got my TD renewal in the mail last night. was shocked at the price, seems to have gone up a lot. might have to shop around too. been happy with TD til now. Same here, time to shop around! Let me know what you find and I’ll do the same. My buddy is with co-operators and says they’re pretty good. Hopefully I can try and find the time to give them a call this week. Link to comment Share on other sites More sharing options...
chez-nous cest skidoo Posted September 19, 2018 Share Posted September 19, 2018 i pay $592 taxes in for my sled & trailer... I dont know if thats a good or bad price... however if my insurance increased by $120 over last years & i didnt have any claims i'd be looking around too Link to comment Share on other sites More sharing options...
catinental couch Posted September 19, 2018 Share Posted September 19, 2018 My Crown Victoria was with TD and they jacked the rate. Also the new truck was no bargoon. We now have everything including both houses with Cooperators. That said, my kids can't seem to deal with them. Best to just call around to see what anybody can do for you. Link to comment Share on other sites More sharing options...
soupkids Posted September 20, 2018 Share Posted September 20, 2018 I moved to allstate a few years ago, sleds where a little more bit cheaper overall. I have a few things with them. 5 cars, 2 sleds, 1 quad, house, and camp. Don't even ask what I pay. I'm pretty sure I could by a top of the line Yamaha every 2 years with my premiums. My record it less than stellar as well as my oldest son. Link to comment Share on other sites More sharing options...
02Sled Posted September 20, 2018 Share Posted September 20, 2018 Hmm... this prompted me to double check our sled coverage. It just renewed yesterday Sept. 19. $313 for each sled with TD. No change from last year on the monthly payments. They have all of our other insurance as well. Link to comment Share on other sites More sharing options...
signfan Posted September 20, 2018 Share Posted September 20, 2018 I strongly suggest dropping TD. They wouldn't offer me insurance again after our 1st claim which was a theft. How could we be in anyway at fault in a theft situation. Terrible company. I still have a bad taste in my mouth over the entire ordeal. Link to comment Share on other sites More sharing options...
02Sled Posted September 20, 2018 Share Posted September 20, 2018 33 minutes ago, signfan said: I strongly suggest dropping TD. They wouldn't offer me insurance again after our 1st claim which was a theft. How could we be in anyway at fault in a theft situation. Terrible company. I still have a bad taste in my mouth over the entire ordeal. The dealings I have had with TD have been outstanding. Link to comment Share on other sites More sharing options...
stoney Posted September 21, 2018 Share Posted September 21, 2018 There are always such large swings in both directions regarding INS rates and dealings people have with them, I don't get it. I think the dealings are more to do with the adjusters, the rates increases without cause, I do not understand, but I remember the same comments last year and my rates I think were status quo or close enough to not both looking at changing companies. I should receive my new policy in the next month or so, so we will see. Link to comment Share on other sites More sharing options...
KW Mike Posted September 21, 2018 Share Posted September 21, 2018 funny thing, my renewal came today, due December 2nd, TD as well, last year $398 taxes in, this year $542 taxes in. looks like I am shopping tomorrow, Royal no tax sale then for insurance. Link to comment Share on other sites More sharing options...
Techdenis007 Posted September 21, 2018 Share Posted September 21, 2018 6 hours ago, signfan said: I strongly suggest dropping TD. They wouldn't offer me insurance again after our 1st claim which was a theft. How could we be in anyway at fault in a theft situation. Terrible company. I still have a bad taste in my mouth over the entire ordeal. We just switched everything to TD... major savings from CoOperators. Wife gets a discount due to her work. Hope to never have to deal with a claim. Link to comment Share on other sites More sharing options...
Big Pussy Posted September 21, 2018 Share Posted September 21, 2018 Does anyone else use a traditional broker anymore ? I have been using the Guarantee Company of North America for over 30 years. I had to change brokers twice to stay with the company due to brokers shutting down and/or dropping the company. I have the following covered with them; House Daily car 2011 Sonata (40,000 km/year in the Mississauga area) full coverage Dakota truck 2006 full coverage Sled Trailer Vintage 87 Monte Carlo SS appraised value coverage Vintage Honda Nighthawk 750S liability 1995 Wildcat 700 liability, comp 2001 Thundercat liability, comp 2015 XF7000 LXR full coverage That's a lot of hardware. Brokers tried to get me to change but could not get coverage for the bike or the MCSS in one policy. I have no reason to change. Rates are pretty stable. I need to scale back the toys but some are worthless so I just keep them. Link to comment Share on other sites More sharing options...
Baylaker Posted September 21, 2018 Author Share Posted September 21, 2018 9 hours ago, KW Mike said: funny thing, my renewal came today, due December 2nd, TD as well, last year $398 taxes in, this year $542 taxes in. looks like I am shopping tomorrow, Royal no tax sale then for insurance. I swear these tent sales get worse every year....maybe it’s because I don’t need anything idk. Got the girlfriend a new pair of fxr boots though. We had trouble finding her a pair last year as they were all covered in pink. She hates pink! lol Link to comment Share on other sites More sharing options...
Spiderman Posted September 21, 2018 Share Posted September 21, 2018 Guys, this was going to happen, TD gobbled up the market share with low rates, eventually claims happen, payouts take place and rates increase as their loss ratio increases. start shopping around for the next TD Link to comment Share on other sites More sharing options...
GibsonNytro Posted September 21, 2018 Share Posted September 21, 2018 Got my renewal yesterday from TD, due December 1st - I've been insured with them for 12 years. No claims or anything and it went up $150.00 and I ride a 09 Yamaha Nytro. Link to comment Share on other sites More sharing options...
gobills Posted September 21, 2018 Share Posted September 21, 2018 40 minutes ago, Spiderman said: Guys, this was going to happen, TD gobbled up the market share with low rates, eventually claims happen, payouts take place and rates increase as their loss ratio increases. start shopping around for the next TD Any insight on where to look? Link to comment Share on other sites More sharing options...
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