Delaware Motorcycle Insurance

For years, there have always been a few countries that Geico will NOT sell motorcycle insurance, especially Delaware, but they never gave any reason. Does anyone know of any specific reason (s) why would not Geico sell motorcycle insurance in Delaware or any other state for which you sell motorcycle insurance for that matter?

In agreement with the last 3 posts:

A: Yes, it's a business decision. The red ribbon "in Delaware is too much with. There are so many laws and regulations, it is not good business to provide insurance when other big companies already have a good grip on the market demographic cycle. Geico focuses on three main things "will they take enough work, and they can keep fares competitive," If the answer is yes to both, then they look: "Is it worth the red tape to get the . This must be a balanced equation.

B: Take Massachusetts, for example. Geico Insurance only offered in 49 states until 2009, when they finally took Massachusetts. It's the same thing, many many regulations by the Department of Insurance. It costs literally maintain and comply with these rules as any other state. Until recently, the equation is unbalanced.

I do not know why exactly. He should ask them why, but I guess that their subscribers have determined that there would be too risky for them to sell a motorcycle coverage in Delaware. It's all about "risk vs. reward".

Delaware imposes requirements on both companies to sell insurance in the state that many companies do not offer coverage there. It is a business decision.

They are probably not allowed to write policies there. Perhaps a roadblock with the Department of Insurance.