Lost license in NOV...might lose bike?
07-01-2004, 03:52 PM
#1
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Join Date: Feb 2004
Location: Somerville,MA BOSTON
Age: 43
Posts: 159
Lost license in NOV...might lose bike?
I lost my license in Nov...now its Late June and my inurence just was cancelled so I was like big woop 
I don't care.....But unfortunatly my bike is an 03 and a bank owns the bitch for like $6500......
Sooooo the bank was like if you can't buy it out, we can't have a loan on it without insurance....basically repo for no insurance but I am up a year on my payments BS ?
SELL THE bike and buy a used one out right? or .........SUGESTIONS
The insurance runs out 7-26-04 ...
I don't care.....But unfortunatly my bike is an 03 and a bank owns the bitch for like $6500......Sooooo the bank was like if you can't buy it out, we can't have a loan on it without insurance....basically repo for no insurance but I am up a year on my payments BS ?
SELL THE bike and buy a used one out right? or .........SUGESTIONS
The insurance runs out 7-26-04 ...
07-01-2004, 06:53 PM
#5
Registered User
Join Date: Apr 2003
Location: CT
Age: 48
Posts: 249
Re: Lost license in NOV...might lose bike?
Originally Posted by aNskY
make it dissapear. and have a friend part it out on ebay 
SSHHHHHH!!!!!
remember the flack they gave CBO for sayin his bike was "dirty",
theyre gonna crucify you for that one!
for my man with the bike, the only insurance you need when you have a loan is comprehensive, fire theft or damage, they cant deny you that insurance. just say you dont drive the bike anymore it sits in the garage and you have a loan on it so you cant sell it. they have to give you comprehensive coverage.
07-01-2004, 07:01 PM
#6
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Join Date: Jun 2003
Location: Detroit Rock City
Age: 48
Posts: 2,914
Re: Lost license in NOV...might lose bike?
Originally Posted by 9hunit
the only insurance you need when you have a loan is comprehensive, fire theft or damage, just say you dont drive the bike anymore it sits in the garage and you have a loan on it so you cant sell it.
07-01-2004, 09:00 PM
#8
Re: Lost license in NOV...might lose bike?
Originally Posted by BostonBadBoy
I lost my license in Nov...now its Late June and my inurence just was cancelled so I was like big woop I don't care.....But unfortunatly my bike is an 03 and a bank owns the bitch for like $6500......
Sooooo the bank was like if you can't buy it out, we can't have a loan on it without insurance....basically repo for no insurance but I am up a year on my payments BS ?
SELL THE bike and buy a used one out right? or .........SUGESTIONS
The insurance runs out 7-26-04 ...
I don't care.....But unfortunatly my bike is an 03 and a bank owns the bitch for like $6500......Sooooo the bank was like if you can't buy it out, we can't have a loan on it without insurance....basically repo for no insurance but I am up a year on my payments BS ?
SELL THE bike and buy a used one out right? or .........SUGESTIONS
The insurance runs out 7-26-04 ...
Not sure if that made any sense, but all in all they can work with you on the insurance...
07-01-2004, 11:27 PM
#10
Registered User
Join Date: Sep 2003
Location: grand rapids Mi.
Age: 48
Posts: 186
Re: Lost license in NOV...might lose bike?
just put storage insurance on it it just like full coverage but by law you arent suppost to drive it on the streets and storage insurance is fairly cheap 
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