It means that the group rating has been reduced since it exceeds the security requirement for a car that type. All cars that exceed the standard are put into that group.
Homeowners insurance does not cover dirt bikes. There is dirt bike coverage that can be purchased. Dirt bikes are not required to be licensed in order to use them. Make sure that your dirt bike coverage stipulates that it is covered upon theft because not all policies include theft.
the difference between a proposer and the insured is that a proposer is a person or an entity who is seeking insurance and an insuerd is someone or an entity covered by an insurance policy
Make sure your parents take out a huge life insurance policy on you, because if you are 16 and buy a gsxr600 you will certainly end up in a casket. I don't care who you are. If you had been riding bikes all your life, then maybe not, but considering that this is your first bike, I'm sincerely hope your parents don't let you buy this bike.
For full comprehensive coverage, I'm sure it would be more than 3,000$ a year for insurance.
Yes, you must obtain a special licence for the operation of any two wheeled vehicle in Florida I don't believe that it is necessary to obtain any license for the operation of a pedaled bicycle. Even small children ride 2 & 3 wheeled pedaled vehicles without a license.
As 25 year old, my insurance quote for motorcycle insurance was $74/year for an Highway-grade Vespa, and for and around $348/year for Yamaha Road Star. I have a perfect driving record if that means anything. Anyway, hope that helps to give you some idea of what yours should cost.
If you don't have insurance then there will be no one to pay for an accident. If you are hit by someone who doesn't have insurance your own insurance policy may pay for damage to your vehicle as well as bodily injury within your policy or state limits
Usually they will give you the current used motorcycle value . You can find this in the NADA website: http://www.nada.com/. If you had accessories you will probably have to negotiatefor those or maybe take them off the bike depending on your coverage and your adjusters.
You would need a seperate policy with most companies I would check with your agent or get a new policy by callin Allstate at 877-834-0398
Boys shouldn't ride on the highway they're too immature your going to need a shovel to pick him up..............Insurance will be more than the cost of the bike in first year........