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Thread: Selling an uninsured bike

  1. #1
    Senior Member Yearly Supporter Nooch's Avatar
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    Selling an uninsured bike

    So unfortunately I have fallen victim to the typical scenario of "I no longer have enough time to ride to justify the expense of the sport" so I am preparing to offload my Yamaha. I called Progressive today to cancel my insurance since I never ride anymore and the guy tells me that I need to be careful that I don't get into trouble with the DMV by selling a bike without insurance. I have never heard of this. The guy went ahead and cancelled it anyway before confirming after he had just told me this so I figured he was just being sketchy. Any thoughts on wtf he was talking about?

  2. #2
    Senior Member CHRISTIAN COWBOY's Avatar
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    Re: Selling an uninsured bike

    Could be if someone steals the bike, or someone test rides it and crashes it and sue's you..I dont think he was being out of line.
    When I die I want to go to Heaven, just don't want to do it real soon!!!

  3. #3
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    I would keep some type of coverage until you sell it just to cover your end and just in case something does happen

  4. #4
    Gold Member Bueller's Avatar
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    Re: Selling an uninsured bike

    Don't ride it, you sign the back of the registration saying you will maintain liability insurance minimum. As soon as it sells it is the buyers responsibility.


  5. #5
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Not a bad idea to keep it insured until it sells. BTW if you wanna see if we can squeeze it in my garage let me know.
    I've got more flavor than a packet of macaroni.

  6. #6
    Senior Member Yearly Supporter Nooch's Avatar
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    Re: Selling an uninsured bike

    +1 for Progressive. I called them back and they reversed the cancellation. First guy I talked to sounded like he was running on half a cylinder. Disaster averted.

    Jmetz, I'll hit you up after the supposed snow this week. If you could hook that up, that would be most excellent.

  7. #7
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    If it won't fit in metz garage I just got mine today so more than welcome to put her in here

  8. #8
    Senior Member Yearly Supporter Nooch's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    If it won't fit in metz garage I just got mine today so more than welcome to put her in here
    Looking for winter-long storage. Can you swing that?

  9. #9
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by Nooch View Post
    Looking for winter-long storage. Can you swing that?
    That's what we're using it for. We have 3 bikes so far, 2 more possibly if ticktock decides to use it for his racebikes but there's plenty of room given there's nothing else in there but for my small toolbox and small boxes.

  10. #10
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    If it won't fit in metz garage I just got mine today so more than welcome to put her in here
    It would be tight but it might.
    I've got more flavor than a packet of macaroni.

  11. #11
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    Word, we need to go smoke some hookah again.

  12. #12
    Senior Member WolFeYeZ's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    Word, we need to go smoke some hookah again.
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  13. #13
    Senior Member Yearly Supporter Nooch's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    Word, we need to go smoke some hookah again.
    Last blast?

  14. #14
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    What do you mean?

  15. #15
    Senior Member Moderator Slo's Avatar
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    Re: Selling an uninsured bike

    I live really close to Aurora, could store your bike through the winter if needed. Off chambers and I-70.

  16. #16
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    Word, we need to go smoke some hookah again.
    I do.

    I've got more flavor than a packet of macaroni.

  17. #17
    Senior Member UHATEIT's Avatar
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    Re: Selling an uninsured bike

    I work for an insurance carrier. You can sell a bike without having insurance. But for sure if something happens before it sells or you ride it and crash, or if it is stolen then you will be screwed. Best to keep the insurance until right after it sells then cancel immediately after it sells. So you're covered until the end.
    2005 Suzuki SV650s Blue (SOLD), 2005 Kawasaki Ninja 636 Lime Green


  18. #18
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    Two of them?

  19. #19
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Quote Originally Posted by madvlad View Post
    Two of them?
    I've got more flavor than a packet of macaroni.

  20. #20
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    Go big or go home lol... Gota get together to toke up (not safety meeting style lol) and talk some shit like the other time. That was fun and relaxing

  21. #21
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Yeah we can hit a lounge or something.
    I've got more flavor than a packet of macaroni.

  22. #22
    Gold Member madvlad's Avatar
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    Re: Selling an uninsured bike

    Maybe do the gangnam style haha

  23. #23
    Senior Member Moderator Jmetz's Avatar
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    Re: Selling an uninsured bike

    Not that lounge!
    I've got more flavor than a packet of macaroni.

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