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What do you do if your motorcycle is totaled in an accident with no insurance but you still owe on the bike? |
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Answer
you still owe on the motorcycle. thats why banks require full coverage at the time of the loan-so that they will get their money. Since there is no insurance company, YOU are responsible for paying off the loan.
First answer by Jimmypage. Last edit by Jimmypage. Contributor trust: 59 [recommend contributor]. Question popularity: 27 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Insurance > Auto Insurance > Auto Accidents and Insurance Claims > What do you do if your motorcycle is totaled in an accident with no insurance but you still owe on the bike?
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Motorcycle accident no insurance? What happens when a motorcycle gets totaled? If in an accident on a motorcycle do you need insurance?
