I just got the figures from ICBC for my insurance coverage on the scoot and full coverage with $1,000 deductible and max discount will run me $2,038 for the full year.
Not being satisfied with that, I did some poking around because I knew that somewhere I should be able to get private insurance beyond the basic ICBC 200,000 PL&PD.
I found that I can get it from Coast Capital.
Quote Summary:
$455.00 ..... Annual Premium
$12,500 ..... Declared value of the bike
$500 ..... Declared value for riding gear
$400 ..... Declared value for helmets
$1 million Third party liability
$1,000 ..... Deductible
$40.57 ..... Monthly payment
This is for Collision, Comprehensive, and 3rd party liability to 1 million.
The policy also includes Travel Protection (if your bike is stolen or you are involved in accident away from home), Emergency Service Expense, and Lock Re-keying (if keys are stolen).
Additionally, if you only insure with ICBC for 6 month's, the Coast Capital becomes a "storage policy" with the exception of the liability which would not apply once the ICBC policy expires.
This is a substantial savings and I will definately be getting my extended insurance from them.