Your motorcycle likely gives you a lot of pride, and at times you might want to do even more to make it your own. Often, enhancements can personalize the bike to your standards. These might include special motor attachments, control surfaces or design paneling.
While enhancements might bring more appeal, this is something of a double-edged sword. By adding value to the bike, you’re adding value. So, if a problem affects the bike, you might face considerable financial losses. As a result, your need for motorcycle insurance only increases. Make sure your coverage addresses any enhancements you make.
Getting Enhancements? Don’t Forget to Protect Them
You likely have a purpose when you make enhancements to your bike. You might want to improve its performance or reliability. Other enhancements might improve vehicle security. Still more might be of a cosmetic nature, making the bike more visually appealing.
Each enhancement has a purpose. Thus, once you make a change, you need to protect it. In case of accidents, theft or other mishaps, you stand to lose out on all the time, effort and money you put into the bike. Your bike insurance might come in handy when safeguarding enhancements. As a result, you need to protect the bike with adequate levels of coverage.
Insuring Bike Enhancements
Whenever you make a bike enhancement, the value of your bike will likely go up. As a result, a damaging accident might mean you have a higher risk of having to pay more to fix the bike. Motorcycle insurance can often prove instrumental in protecting your motorcycle and your checkbook.
Generally, standard collision and comprehensive motorcycle insurance will cover bike enhancements. However, the key here is to set up high enough coverage limits to cover the bike’s value. For example, enhancements might increase your bike’s value to more than $50,000. As a result, you might need at least $50,000 in collision and comprehensive coverage. The collision insurance will cover damage the bike sustains in wrecks. Comprehensive insurance will protect the bike from damage from non-accident hazards, such as damage from weather or theft.
Tell your motorcycle insurance agents at 818.706.8625 exactly what enhancements your bike has. At times, your agent might to include specialty coverage to insure the extra features. If you need additional coverage, it’s often a good idea to get it. Don’t let yourself go without appropriate security for the special parts of the bike.