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Answer:
The answer depends upon a number of factors, including:
1. The insurer selected
2. The age of the primary rider
3. The location of the bike and where it will be primarily ridden
4. The driving history of the primary rider
5. The size and description of the bike
There are other factors as well. You should consult a local licensed insurance agent or broker for specific guidance. Your state may have requirements as to the types and amounts of insurance that you must maintain. Additionally, if the bike is financed, you will have to name the finance company as a "loss payee" as it has a financial interest in the continued existence of the bike to secure its loan.
1. The insurer selected
2. The age of the primary rider
3. The location of the bike and where it will be primarily ridden
4. The driving history of the primary rider
5. The size and description of the bike
There are other factors as well. You should consult a local licensed insurance agent or broker for specific guidance. Your state may have requirements as to the types and amounts of insurance that you must maintain. Additionally, if the bike is financed, you will have to name the finance company as a "loss payee" as it has a financial interest in the continued existence of the bike to secure its loan.
First answer by Arianblom.
Last edit by Anacanapanastan.
Contributor trust: 200
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