My philosophy is getting sued for something my motored-bike activities could cause would be like getting struck by lightning twice.
An attorney might try to make it stick if I, neglectfully...
left my car unlocked with some peanut butter in the trunk, a kid got in who was allergic to the stuff, ate it and died...
I threw a lawnmower out at the dump, someone fished it out, the blade spun off, wrecking their ankle...
my bandaid falls off in the ocean, someone steps on it on the beach and contracts some wierd disease...
there is not enough insurance in the world to cover me against these freak occurrences...
As a bicyclist I have to follow the rules of the road, sure, but the stretch from bike to motored bike doesn't seem like enough to get insurance...
Heard some guy paying $70 a year... wonder if that's $69 in profit for the insurance company, because it's so obscure and specialized.
Personally I believe one's insurance should be tied to their license (like an SR22) and based on the riskiest vehicle they own with every other vehicle being FREE. I have 4 cars right now and can only drive one at a time! One could save gas by having a fleet of purpose-specific vehicles if the standing costs... registration, insurance, etc are minimized, but there are too many fingers in the pot for that to happen. Which is why I like the motored-bike concept over an actual motorcycle that I can only ride 5 months a year. It would burn me up seeing it sit in my garage, knowing I'm paying for the plates when it's of no use to me.
Am not against having insurance OR taking responsibility... but there's a point when having TOO MUCH insurance makes one a target for nuisance lawsuits... attorneys look for "deep pockets" like Mcdonalds and the hot coffee suit...