1) because I am still paying on it and its required
2) because if I do crash and it will cost more than my deductible to repair, I can use the insurance
3)if I do take it out on the street, since it is legal, and I get my ass run over, its better to keep the insurance on it rather than let it lapse or reget it every time I decided to street it
4)its a personal choice and doesnt require your approval or make sense to you :wink:

I don't insure any of my bikes.

Because she is only trying to be covered for a total loss like theft or a major crash. You obviously don't want to stroll into your insurance agents every month or so with $2,000 and under claims. Besides, she may still have a loan on the bike which would require full coverage. Make any better sense now?

Oops I didn't see your post Rae...

Yea what she said!

The only thing that insures my "off-road" vehicle would be my home-owners ins in the event thieves get around my garage door and 15 hollow point rounds.

IIRC State Farm allows coverage for non-timed track events. Ditch the laptimer and you should be covered.

My track bikes are all street legal and I have full coverage on them, but I haven't had a crash on the track that required major repair.

double check your homeowners - ours will NOT cover vehicles with motors even stored in our garage, even the off road bikes. I have to have moto insurance to cover any of our vehicles - bikes/cars/quads, if it has a motor...it's not covered.

Nope.

Yup. Homeowners insurance won't cover any vehicle that has wheels - there is usually a stipulation about vehicles that are being worked on and without wheels. Their idea is that if something happens it can be removed from the garage "easily". So, if it's on blocks with the wheels off - you're covered. Othewise, SOL.

Our track bikes are covered as assets to the business under my track policies.

Any of our street bikes have always only had the state required liability coverage.

It's covered.