Can I nullify 2nd Vehicle registration and insurance while its for mart?
I just bought a truck and I am looking to cancel the insurance and registration on the motorcycle to let go some money until it is sold (a month or so). I still make payments on the motorcycle so I don't know if this is possible....
Answers:
If the motorcycle is financed, I doubt you can cancel the insurance. You don't "cancel' the registration, it runs out after one year if you do not renew it.
if you terminate insurance you have to turn in plates but if you do that ethnic group cant test ride it many wil not buy it if they cant ride it but sure you can end and what if it falls over in mean time you can turn surrounded by plates you can cancel insurance peopel wh have loan beside might not know it for a few months
As long as you owe money on the bike, you need or should enjoy insurance ( most lenders insist on this as part of the loan agreement ). I'd wait until it's sold previously cancelling the plates...you may still want to ride or demo it for prospective buyers. This is what I would do Hope this helps
you can lower it down to like pl,pd that approach if it gets stolen it will be covered by ur insurance.
Related Questions:
Answers:
If the motorcycle is financed, I doubt you can cancel the insurance. You don't "cancel' the registration, it runs out after one year if you do not renew it.
if you terminate insurance you have to turn in plates but if you do that ethnic group cant test ride it many wil not buy it if they cant ride it but sure you can end and what if it falls over in mean time you can turn surrounded by plates you can cancel insurance peopel wh have loan beside might not know it for a few months
As long as you owe money on the bike, you need or should enjoy insurance ( most lenders insist on this as part of the loan agreement ). I'd wait until it's sold previously cancelling the plates...you may still want to ride or demo it for prospective buyers. This is what I would do Hope this helps
you can lower it down to like pl,pd that approach if it gets stolen it will be covered by ur insurance.
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