Re: Insurance
- From: Timberwoof <timberwoof.spam@xxxxxxxxxxxxxxx>
- Date: Tue, 28 Feb 2006 12:23:23 -0800
In article <gf5902hs9vev019bbopdoa9cut54sj0p03@xxxxxxx>, me@xxxxxxxxxxx wrote:
Ok guys as you know I've been thinking abt entering the
world of Mcycle riding what with all my questions of
late
What could I expect to pay full coverage wise say for a
new Kaw Ninza 250 that has a lien on it?
How can a new motorcycle have a lien on it? Is this the bank's lien or a
mechanic's lien? Most banks will require you to have comprehensive and collision
insurance at least for the term of the loan. Since they can repossess it if you
stop paying, you're basically renting it until then.
Now...what could I expect to pay liability wise on same
bike if paid in full?
Your insurance coverage depends on the insurance company's perceived risk, not
on how you paid for it.
Your insurance premiums will depend on how old you are, how long you've been
riding, and where you live.
As far as finances go, you're much better off paying cash for that Ninja than
financing it.
--
Timberwoof <me at timberwoof dot com>
faq: http://www.timberwoof.com/motorcycle/faq.shtml
Copyright © 2006. Reposting this article on commercial web sites is forbidden.
.
- Follow-Ups:
- Re: Insurance
- From: me
- Re: Insurance
- References:
- Insurance
- From: JB
- Re: Insurance
- From: Tim Kreitz
- Re: Insurance
- From: JB
- Re: Insurance
- From: High Plains Thumper
- Re: Insurance
- From: JB
- Re: Insurance
- From: me
- Insurance
- Prev by Date: Re: Bush and his energy proposals
- Next by Date: Re: What is the fastest bike sold on the market today?
- Previous by thread: Re: Insurance
- Next by thread: Re: Insurance
- Index(es):