My question is, after doing online quotes I found that if I lie (or bend the truth) and say I have rode for 3 or 5 years the insurance drops to about 0 dollars a month! Which is great. Now I haven’t rode a bike on the road, a lot, or close to 3 years, but I do know how to drive, and I have no speeding tickets or accidents, so I’m safe. I just want to know, what’s the harm in saying I have experience when I do, but not in the way they think. Are they really going to catch it or really care all that much? Is this a major deal, or do people do it all the time? I know people lie when they get insurance, like no one reports tickets or accidents, especially if they get them AFTER they get insurance. Let me know if there is ANY other ways to get insurance cheaper, I would love to have a bike and would appreciate any advice.
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What could happen if I lie on motorcycle insurance?
I want to buy a bike (motorcycle) but insurance is ridiculous. I’m 24 almost 25 in two weeks (which is why I have waited so long to get a bike thinking my insurance would drop like everyone says). I already have a license and took a safety motorcycle class. I have rode dirt bikes all my life and now want to get a sportbike. I have called almost every insurance company (major ones mostly and a few small local ones) all want me to pay 0. to 0 a month! That’s almost 00. to 00. dollars a year! I could almost buy a new bike for that!
jonathan 4:20 am on October 2, 2009
It depends on the company. I am an insurance agent for a major A+ carrier. We go by when you have had you regular drivers lic, and if you have a car, then its even cheaper. As you can see, our rates are really competative with motorcycles. I am from CA, email me and I will take care of you.
knowitall 4:20 am on October 2, 2009
Nothing will happen until you need to make a claim. Then if they find you lied, the will not pay at all. Talk about wasting money then!
LeAnne 4:20 am on October 2, 2009
Consider, if you lie on the application, you really will be paying for insurance that may be valid in name only and not cover you in the event of an accident – and that’s truly a waste of money and not a savings at all.
If the difference in the prices is as dramatic as you say in your question, how could the insurance company "not care all that much?"
Somethingtotry 4:20 am on October 2, 2009
Considering that they will check to see how long you have held your motorcycle license, it won’t do you any good to lie. They will write the policy going by what the division of motor vehicles says, not what you say.