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QuestionInsurance Question  If I buy a motorcycle and have a lease out on it, do I need full coverage insurance on it?

AnswerAuto Insurance Answer

"Full coverage" is a vague term; however, I believe you are referring to "fully covering the motorcycle itself." If that is the case, you are talking about comprehensive and collision coverages.

If you do not have the title to the motorcycle, I believe your lease company will require you carry these two coverages to protect their motorcycle. Also, since it is leased (and not just financed) your lease company may require you carry higher limits of additional coverages like bodily injury liability and property damage liability. Please check with your leasing company to verify this.

The easiest way to save on Motorcycle Insurance is to follow this link or call 1-800-936-0356 and speak with our partners at Safeco Insurance.

Safeco Motorcycle has a broad market appetite and can offer a market for more than 95 percent of all riders and motorcycles. Get motorcycle insurance for most motorcycles, including Cruisers, Tour bikes and just about any Harley-Davidson vehicle!

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