From choppers to custom designed motorcycles, there are plenty of options available today for those who love the feel of the road under their feet. When it comes to choosing the right way to protect these bikes, you’ll also need to customize your motorcycle insurance. Custom motorcycles tend to be higher in value. They may have harder-to-find parts. With the right coverage, you’ll be able to significantly reduce the risk of paying substantially if an accident or other damage occurs.
What to Look For in Custom Coverage
Every bike is different. Your insurance agent will need to know a great deal of information about the bike to determine the best way to protect it. This includes the engine size, the features added to it and the value. This is a good time to think about the type of coverage you want, actual value or replacement value. Replacement value will allow you to cover the cost to replace the bike whereas actual value will cover what the bike is worth right now. If your bike is a collector’s item and growing in value year over year, actual value may be the right option.
It is then possible to consider each of the types of motorcycle insurance available so you can select a policy that fits your needs the best. You’ll need to consider ample property insurance to cover the value of the bike from risks such as theft, vandalism and fire. To safeguard your bike in the event that you cause an accident with it, add motorcycle coverage for collisions. Most riders also benefit from liability insurance, which protects damage caused by the bike to other people and other property. Consider adding custom parts and equipment coverage as well. This adds additional protection to the value of your bike especially for the hard to find parts and custom details of the bike.
Bike owners will find a wide range of options available to them today to protect against risks. With motorcycle insurance, you’ll be able to have peace of mind knowing that your one of a kind bike is financially protected from most of the risks you take when you head out onto the road with it.
We’ll help protect your bike. Call Harrell Insurance Agency at (843) 572-1500 for more information on Charleston motorcycle insurance.