Visited my local dealer again today (to show a neighbor the new LIKE150i - but looks like he's going with a new Honda - the CB300F or the CB500F !), and chatted with a couple salesmen to clarify something
At least in Ohio,
if you are financing the purchase of a bike, scooter, SeaDoo's, CanAm's etc. - you must carry full coverage insurance.
The dealer uses many, many different finance companies - incl. HONDA, etc. - but they all require full coverage insurance if the buyer is financing the purchase.
The salesmen said this dealer requires proof of insurance before the vehicle leaves the dealership.
Once again - I heard that sport bikes (with clip-on bars) are much more expensive to insure than are adventure type bikes of the same engine size, which have upright bars & an upright riding position!
For a young buyer - they recommend saving until the person can afford to pay cash for a lightly used bike of their choice.
"Buy used - and pay cash."
I have to admit that I will be mighty jealous seeing my neighbor motor by on his new F! He's getting the correct color!
Stig