My friend's motorcycle was stolen last weekend, insurance (GMAC) told him that theft was not covered in his policy. What's up with that?

5/2/2008 9:04:06 PM

Please post policy...explanation to follow

5/2/2008 9:12:44 PM

probably just has liability

5/2/2008 9:14:00 PM

Not my bike, so I don't have the policy, but I didn't think that was possible.

[Edited on May 2, 2008 at 9:21 PM. Reason : grammar]

5/2/2008 9:18:41 PM

Seriously bro, you know there are different kinds of insurance, right?

5/2/2008 9:21:38 PM

I know that, but theft not being covered?

So he's just fucked? No bike, no check, nothing?

Except of course a life lesson.

[Edited on May 2, 2008 at 9:25 PM. Reason : .]

5/2/2008 9:23:04 PM

Fill out a police report, post info on craigslist, expect to never see it again but hope for a miracle

5/2/2008 9:25:53 PM

Done. Not unless I do it for him. Attempted vigilante justice=substitute?

5/2/2008 9:42:30 PM

don't steal my bike, bro

5/2/2008 10:06:19 PM

Attempted vigilante justice = jail time for you

Probably no jail time for the other guy either.

Just write it off as a life lesson.

5/2/2008 10:35:52 PM

^

Quote :

"Not my bike."

I'm not involved...and I'm surprised my friend hasn't pulled time yet.

Hell I wish I had a bike to be stolen.

5/2/2008 10:39:05 PM

i didn't know anyone didn't realize that there are different types of insurance policies.

5/2/2008 11:05:17 PM

Theft is definitely NOT covered by all insurance policies. Your friend has a lot of learning to do if he ever thought that. Same goes for you.

5/3/2008 12:27:04 AM

and theft coverage is pretty expensive for young people.

5/3/2008 1:34:15 AM