Steering You Right: The rising costs of motorcycle insurance and registration CanadianDriver
By Jordan W. Charness
“This is absolutely ridiculous!”
Peter came storming in to my office the other day. He had just received his motorcycle registration renewal papers in the mail.
“$1,410!!!” he exclaimed. “Are they out of their minds!?” He was really on a tear.
In the past couple of years, the cost of registering a motorcycle in Québec has gone through the roof. Since part of the registration cost goes to Québec’s no-fault accident insurance plan, the government decided that they were going to raise the cost of registering a motorcycle to help defray the cost of medical care that may be required for victims of a motorcycle accident. The thinking was that motorcycle riders would then be paying considerably more than car drivers for engaging in what the Québec government seems to think is a risky driving activity.
To top it all off, Peter owns what the Québec government considers a “high risk motorcycle”. These types of motorcycles have the following characteristics: