Question by the ramonanizer: does anyone know which finance companies do not require full coverage for motorcycle loans?
My friend just but a gsxr 750 and states that his financecompany does not require full coverage insurance. I work for Wells Fargo, and WF requries full coverage. I am already aware I can get a personal unsecured loan and avoid insurance all together, so please abstain from reccomending that, and lastly please only post if you have a factual answer based on your financing, past expierience or second hand or first hand information. Thanks Guys!!!
Best answer:
Answer by Kizzy
Those motorcycles are killers…I lost my son last year on one.
The insurance rates are astronomical on them because their so fast and are a high risk. I don’t know of any financial institution that allows minimal coverage on them.
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