Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
It doesn't work like that. The questions are only to gauge your potential life expectancy, and charge you accordingly. But, it would be an easy thing to say that you didn't have a motorcycle when you bought the policy, and now you do. You are not required to inform them, so they can't refuse to pay out. Most people are surprised to learn that a life insurance policy will even pay out if you commit suicide, so long as you are past the "free look" period or the exclusionary period, which can be from 6 months to 2 years. Something like a preexisting condition of cancer is different of course, if they find out you were already dying of cancer, they wouldn't pay out.
The dollar amount also plays a part. Policies that are $250k and below don't have nearly the same amount of scrutiny that a $500k to $1mil policy would. Some $250k policies you don't even have to get a physical.
If you are specifically asked if you ride and then are killed on a bike you owned, they have an extremely good case not to pay out.
I'm well aware of what an actuary does...I have an insurance license in my state.
All life policies have a 2 year suicide clause and a free look period is 30 days.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,690 posts, read 57,994,855 times
Reputation: 46171
Quote:
Originally Posted by GarageLogic
I've driven/ridden both for the better part of 40 years.
First, you will not save any significant amount of money by owning & riding a motorcycle. ...Basically, if you want to ride a motorcycle, do so because you want to have fun riding. That's really the only way to justify it.
50yrs+ doing both extensively ...
Bike is good if you need parking access, are in heavy traffic (like Bangkok), have GREAT weather, carry NO cargo, are commuting less than 10 miles, have a local 'driver awareness of bikes', you are in a hurry, AND you are superb at defensive driving.
A heater, wipers, cargo, all make me prefer my cars in 285 days / yr rain climate. When I lived in 300+ days of sun I rode LOTS more. Not much cheaper for me to ride that to drive.... I have been getting 50 mpg since 1976 in Grease burning VW diesels (that cost my $35 - $300 to buy). Most of my cycles get 50 - 60mpg but tires and maint / mile are WAY more expensive on a MC. I buy most my bikes for $300 - $800. I have a few that get over 100 mpg, but they are NOT great road machines, tho very fun (Trials).
Dangerous !!! you bet. I keep LOTS of insurance on me. Spouse will win the lotto as long as I don't survive as a veggie.
I definitely DON'T like scooters too small of wheels, and too slow to keep up with traffic.
Are motorcycles, both road and dirt, more fun?
Answer.......YES!!!!
Borrowed.... "Life is not a journey to the grave with the
intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming -- WOW-- What a Ride!"
60HP, 110mph top speed, standard 17" motorcycle wheels. Suzuki, Honda, Yamaha, Aprillia, and Kymco all have similar products and people who have them, tend to love them (especially for touring, 2-up even). There are plenty of other scooters that don't fall into the "maxi" range that run on 16" wheels (another size that used to be Very common for motorcycles, is less common now but still around) and are more than appropriate for areas like where I live, maximum speed limit of 55 with LOTS of speeding up and slowing down as you go through towns every 5~10 miles.
Not sure what wheel size has to do with the price of tea on China, but for anyone else who shares that weird phobia it's not really a concern as there are lots of other options. Yes, the cheap ones are only really suitable for city traffic/slower speeds but that's just a simple education on what's needed to do the task one needs done.
60HP, 110mph top speed, standard 17" motorcycle wheels. Suzuki, Honda, Yamaha, Aprillia, and Kymco all have similar products and people who have them, tend to love them (especially for touring, 2-up even). There are plenty of other scooters that don't fall into the "maxi" range that run on 16" wheels (another size that used to be Very common for motorcycles, is less common now but still around) and are more than appropriate for areas like where I live, maximum speed limit of 55 with LOTS of speeding up and slowing down as you go through towns every 5~10 miles.
Not sure what wheel size has to do with the price of tea on China, but for anyone else who shares that weird phobia it's not really a concern as there are lots of other options. Yes, the cheap ones are only really suitable for city traffic/slower speeds but that's just a simple education on what's needed to do the task one needs done.
Not sure why this is such a big deal. These used to be called 650 Motorcycles...
I don't like scooters either but wheel size is only a small part of it....
I don't feel "right" sitting on a step-thru frame with my feet on those floorboards in front of me. No tank between my knees feels so weird.
They also get pushed badly by side winds and by semis with the fully faired bodywork.
Lastly, they are mostly automatics with the rear brake where the clutch lever should be. I automatically want to put my right foot on a brake pedal and use my left hand for the clutch.
I know I could eventually get used to the setup, but it just doesn't feel right.
Location: Finally escaped The People's Republic of California
11,306 posts, read 8,652,146 times
Reputation: 6391
Quote:
Originally Posted by f.2
Sure. I was torn between the 1980 Honda Hawk 400cc and a 1980 Yamaha RD400 2-stroke. I could have easily gotten the RD.
RD-400 was my first street bike....
One Rode by me last year... Ahhh the sound of a two-stroke
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
