south America insurance
 

I have check with some companies in US and Europe and bike coverage is pretty expensive or not possible for all South America , I will be interested if any of you have a copy of a policy for S.A I can check :innocent: .

Thanks

Hendi

hendikaf@Gmail.com

I can only speak to the Adean nations, excluding VE. In most countries it will not be required. That said, if you want coverage for collision (damage to others in an accident that is your fault), you are probably best to buy in each country as you go. If you want comprehensive (covers your bike as well as others in any accident), I have no idea. I would bet your comprehensive policy would have to cover your bike no matter where wrecked it.

In CO, you can buy a 90 day policy for about $35 at a place near any high end moto shop (ie: have big bikes). I don´t know about the other countries. I was only asked once (in Peru), but they were merely fishing for a soborno.

BTW, if your bike is not paid for, it is likely that it is illegal to leave the country with it. At least in the USA.

I'm kinda at a loss with what you mentioned glasswave,I do realize my question is off topic and i don't wish to be rude in piggy backing off of HendiKaf's question but i need to ask because i am now very worried with just two months left before my departure.
why would it make any difference if the bike was paid for or not?
I mean if you are in a different country and you have purchased insurance for that vehicle what should it matter if you have left the the country that you purchased the bike at?
I am ignorant here so please help me out.I purchased a bike that is financed,I specificaly got it for my world journey and i am only guessing that what you are saying somewhere in the big inkblot called the purchase agreement it will have a reference that reads i am not able to leave the country with it.
If what you say is true what can happen to me and my bike if i get stopped in a different country?

I suppose it depends on how the bike is financed. If it is financed with the bike being used as collateral, then you do not own it, the bank does. I would also imagine that in the fine print you are not allowed to take the bike out of the country. I have heard this here once before.

I think that the USA and Canada have some sort of agreement where insurance is good in both counties and cross border travel is allowed.

In Latin America, you should not have trouble entering any country or buying insurance with just a registration, expired or not. If you ride into and get stopped in a foriegn country, you will not have any problems if you have a registrtion and license that match the name on your passport.

If you wrecked and totaled your bike, you may end up with problems with the financing institution. For the most part, if you pay your loan off after the accident, I´d imagine you´ll be fine. If you can´t pay, then you may have trouble. I would not worry about this. I am sure it is easier to get forgiveness than permission. Just make sure you have enough cash to pay off your loan or that you have reliable full coverage that will pay promptly if you have a bad accident. Many others have done what you propose.

Good luck

paper
 

it is right that many country asked you for a letter signed by the lien holder giving you the right to cross border with your bike , my bike are always paid off so it was no problem but I had a friend which could cross the border with Mexico because of that , you may just take a personal loan to pay off the bike and not worry about it , my guess is many lien holder knows that in some countries almost no one carry insurance so if the bike is distroyed no one will pay for it .

hope this help

Insurance in Chile, Bolivia, Argentina
 

We started our South America trip in Santiago, Chile. I made a few half-hearted attempts to buy insurance in Chile, since I thought it was required. But no one I talked to was willing to sell moto insurance to a foreigner for a foreign bike. Nobody ever asked to see proof of insurance.

No questions asked in Bolivia. However, we got hung up entering Argentina at La Quiaca. Customs wouldn't allow the bikes in without Argentine insurance. It took a bit to find some in that dusty little town. Then no one ever wanted to see it again, including multiple entries from Chile.

Like all customs, it depends on who you talk to and what sort of mood they are in.

We are back in the states for a few months, but when we rejoin our motos in Buenos Aires soon, I will buy insurance then. Even in no-one cares, at least I don't worry.

-Laura