What does Motorcycle Insurance include?
The Liability coverage of Motorcycle insurance provides financial protection against physical damage and/or bodily injury resulting from collisions and it also protects against liability that could arise from the actions of the motorcycle driver.
The Comprehensive coverage of Motorcycle insurance provides financial protection against theft of the motorcycle and the damage sustained to the bike while it’s not moving. Motorcycle Insurance Coverages
There are several different motorcycle insurance coverages that can be included or added to the policy. Some may be required by law. Others are optional. The main motorcycle insurance details are:
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Customized Motorcycles Need Special Attention.
Motorcycles, trikes or Slingshots that have been customized also need to have specialized coverages to properly protect you should you suffer from a physical damage incident (or in simpler terms, an accident).
The addition of “non-factory installed or OEM” items like, chrome add-ons, saddle bags, lights and sound systems call for additional coverages. If you don’t have these items added or “endorsed” to your policy, the insurance company is not obligated to compensate you for the loss of the add-ons. They are only responsible for paying to repair the bike back to its factory condition.
Not all carriers provide these extra coverages so be sure you check with your agent. We have shopped the markets for the carriers that excel in providing these coverages and have them here in our agency. Let us get you the proper insurance your needs today!
Contact us to learn more about Chicago and Indiana motorcycle insurance requirements and to find the right motorcycle insurance for you.
The addition of “non-factory installed or OEM” items like, chrome add-ons, saddle bags, lights and sound systems call for additional coverages. If you don’t have these items added or “endorsed” to your policy, the insurance company is not obligated to compensate you for the loss of the add-ons. They are only responsible for paying to repair the bike back to its factory condition.
Not all carriers provide these extra coverages so be sure you check with your agent. We have shopped the markets for the carriers that excel in providing these coverages and have them here in our agency. Let us get you the proper insurance your needs today!
Contact us to learn more about Chicago and Indiana motorcycle insurance requirements and to find the right motorcycle insurance for you.