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What happens if you purchase a brand new motorcycle on a credit card and then end up canceling the insurance in the same week as buying it?
Wiki User
∙ 17y ago
If you are speaking of physical damage coverage, if you have no loan or an unsecured loan such as a credit card then you are not required to carry this coverage for the bike itself. However if you plan to drive it over the road, every state has requirements for minimum liability coverages that must be carried. So if you cancel the insurance and still drive it not only are you in violation of the law but if you cause an accident you will be completely liable for any damages and injuries and will have no coverage. Typically minimum limit liability policies are inexpensive.
Wiki User
∙ 17y ago
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Your sister was a passenger on a motorcycle that was hit by a drunk driver her boyfriend who was driving the bike had no insurance registration or a valid motorcycle license what happens?
I guess she tries to collect from the drunk's insurance or sues the drunk and or the boyfriend. If the drunk has no insurance or money, or the boyfriend has no money I think you have your answer. If she has her own medical insurance, she could probably use that.
How long after purchasin a motorcycle in Pa. do you have to get motorcycle insurance?
Get insurance as soon as you buy it. Get a form called a BINDER. BEFORE you start the bike or even think about taking a ride. If you wait........... you will be sorry. If anything happens, someone is getting sued, guaranteed.
If i buy something from amazon.com can I get insurance on it?
If you purchase a product or service through amazon.com they do offer insurance to cover your item in case something happens. You may add this on to your cart at the end of the purchase.
What happens to a motorcycle jumping into midair?
Nothing happens! Nothing happens!
What happens if you get a no insurance ticket then purchase insurance the same day?
You will still have to pay the tickets. I just went through this. Your licnese will get suspended and you will have to pay 375 to reinstate it and 250 for having no insurance. they will call your insurance agent and get the time you got your insurance.
Can I purchase insurance for a car that i do not own?
Well, you may indeed, but you are in responsibility! Whatever happens to the car, you will have to face the consequence!
Is it necessary to buy catastrophic medical insurance for people covered by regular medical insurace?
Catastrophic medical insurance is insurance only for large payments when something major happens to you. If you have regular health insurance, you do not need to purchase catastrophic insurance as well.
Why would someone wish to purchase travel insurance to the USA?
One would wish to purchase travel insurance for many reasons including refund of prepaid vacation should something happen to keep you from going, baggage loss, and medical expenses. Travel insurance can be a big help when the unexpected happens.
Where might someone go to find out how to ship something with shipping insurance on it and how much the insurance might cost?
If you need to have something shipped that is expensive you can purchase shipping insurance. The insurance will be offered when you mail the package and if something happens to it the postal carrier would have to pay for it.
What happens if you get into a motorcycle accident and you dont have insurance and its your fault in Florida?
You are responsible for the damage you cause in an accident, regardless if you are insured or not. Having insurance transfers your responsibility to pay for the damage from you to your insurance company. If there are injuries to the other party, then the other party's insurance should pay for their injuries, but you are still responsible for the property damage you have caused the other person.
What happens if i rent a car without insurance and it gets damaged while it's parked?
You are responsible for the damages..that is why they ask do you want to purchase their insurance or if your car insurance will cover the rental...And once you sign the papers you have agreed to the terms and conditions..
What happens when you missed a payment and your insurance lapsed?
It so happens that you have no insurance
