"I wonder if my bike will pass safety and if I can make an insurance claim if I ever get into an accident?" - Said no hardtail-bobber rider ever.
So question for Bike Cop; it says the suspension has to be in good repair, but what if the bike has NO rear suspension?
My advice is buy the bike you think you want and try it for a while before investing any real money. These hard-tail bobbers/springers are always for sale because they are a painful ride and poor design of a motorcycle.
"Discrete turn signal" is a bit of an oxymoron.
I read a comment in a yacht design book that might also apply to custom bikes or all bikes.
"If it looks beautiful you will forgive it's shortcomings. If it is perfect but ugly you will constantly be looking for faults to criticize."
Beauty is in the eye of the beholder.