Danimal247
Well-known member
123
Last edited:
I have my own place and do not live with my dad, just curious if I could sway his next bike decision so I can ride without paying the high insurance?
what you're describing is flirting with insurance fraud.
if you occasionally pop by to ride it, that's one thing. If you basically have possession of the bike, but it's registered to your dad, at his address and under his insurance, that's insurance fraud.
If your with State Farm your advised to declare yourself a rider on the policy because this is a company that sends out regular reminders about how you can void your insurance policy......be it a car or motorcycle.
They specifically ask about all licensed drivers in the household and on the vehicles.
If an accident occurs and your not listed on the policy you may find yourself with out coverage.
This company will even void your policy if you lower your cars ride height below the manufacturers bumper height. Insurance fraud will bite you big time if you play games with the insurance company....just to save a few bucks.
what you're describing is flirting with insurance fraud.
if you occasionally pop by to ride it, that's one thing. If you basically have possession of the bike, but it's registered to your dad, at his address and under his insurance, that's insurance fraud.
. . when junior causes a collision with his Dad's bike, this will set off a red flag .
Question in regards to riding someone else's bike: What if you're buddy just purchased a used bike and it is not insured yet. May he have a friend who is insured ride it home?
This quasi scam is one of the most asked questions on the forum. Everyone wants dad's rates. The insurance companies have heard it thousands of times as well.
Exactly. Now mind you if you do it the "right" way it still saves money. I.e. when I had no insurance history I was primary on my car, but listed under my mom's policy. I was rated as I normally would have been alone, but got all her discounts attached which was a major help ($4400 vs $6900/yr). The problem with MC insurance is that those discounts are negligible if they exist at all lol, so people resort to all-out fraud.