What is the best coverage for a recently financed motorcycle?
I recently financed a motorcycle. Do I need full coverage insurance or can I just buy liability?
Thank you for your question!
When you finance a motorcycle, you are going to need full coverage.
The reason the finance company requires full coverage is that they still have a financial interest in the bike. If something happens to it, they want to make sure you can get it fixed. Without full coverage, if the bike is totaled, you would still have to pay the loan, even though you don’t have the bike anymore.
Full coverage insurance for your motorcycle can be expensive, but Jerry can help you find the best rates. Jerry is a free app that compares rates from the top 50 companies and delivers the best deals to your phone in minutes.
After providing you with a comprehensive cross-analysis of the best policies across providers, Jerry will handle the phone calls, paperwork, and renewals for your top pick so that you don’t have to. So why do all that extra work when Jerry can do it better?
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