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The latest craze in the “mini”! world - mini-bikes ~ has the potential to cause maxi headaches for many parents in this area, the Insurance Information Institute cautions.
These packages of pint-sized propulsion look like toys, the Institute notes; but they can cause serious legal and insurance problems.
Because of their popularity among the younger set and the ease by which they may be carted off, many parents learn only too late that their homeowners policies, specifically, do not cover the theft of mini-bikes.
Nor do auto insurance policies, as a rule, cover the damage a mini-bike causes to a neighbor’s
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