Insurance Question: Short-Term insurance

S

Silvch

Member
I have only been riding a few years and I am not sure of all the ins and outs of insurance. I am currently with State Farm and I know obviously I can't insure the bike for only 6 months and expect to pay only half of a full years insurance premium. My question however is, how much would they charge me If I rode the bike for April and May and then sold the bike in June. I have to renew my insurance in March and they expect the lump sum payment for the full year at that point.

Sadly I need the money and wanted to sell in the spring/high time, yet I still need a few months of insurance to be able to ride the bike and get a few things done to it before selling. Any help greatly appreciated.
 
Silvch said:
I have only been riding a few years and I am not sure of all the ins and outs of insurance. I am currently with State Farm and I know obviously I can't insure the bike for only 6 months and expect to pay only half of a full years insurance premium. My question however is, how much would they charge me If I rode the bike for April and May and then sold the bike in June. I have to renew my insurance in March and they expect the lump sum payment for the full year at that point.

Sadly I need the money and wanted to sell in the spring/high time, yet I still need a few months of insurance to be able to ride the bike and get a few things done to it before selling. Any help greatly appreciated.
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The last time I was with State Farm (4 years ago) they had a pro-rated schedule for refunds if a policy on motorcycles were cancelled. Ask your agent.
 
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