Is full insurance on financed motorcycle absolutely neccesary?

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I'm buying a motorcycle but I refuse to pay full insurance because I'll be able to pay it off WAY faster on minimum as opposed to full coverage ($40/month compared to $300/month, hmmmm). I've attempted to get personal loans but got turned down. I have no highly qualified co-signer. I'm about to just put it on my credit cards. But is it possible to get a motorcycle loan without having to pay full insurance? I know, I know... I should save my money and pay in cash like a good little boy, but I want to get this bike sometime before summer ends, so don't reply with that advice. BTW... I live in CA

Is full insurance on financed motorcycle absolutely neccesary?

Like others have said, you'd have to use the credit card if you don't want full coverage.

We have full coverage on some of our bikes, and basic on others (all are paid for).

I decide which bikes to cover fully by determining if I could take the $$ hit of replacing the bike if it were totalled.

Also, I look at the type of bike it is, and what kind of crashes I would normally have on it.

This way, I have full coverage on our expensive new street bikes (with high deductable), and minimal coverage on our dirt bikes.

Another thing to think about. Are you a new rider? If you've ridden less than 5 years, and you are under 35 years old, you have a VERY GOOD chance of crashing this bike in the first year you own it.

Nothing is more frustrating than still paying on a bike that's totalled and will never be worth more than a few hundred bucks parted out.

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Is full insurance on financed motorcycle absolutely neccesary?

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