Is your bike insured when you don’t ride for an extended period of time? That can depend on what type of insurance policy you carry on your bike. If your motorcycle is going to be inactive for a while, you may want to explore motorcycle garage insurance options.
If you’re a motorcycle enthusiast, it’s important to have the right insurance in case of an accident. A motorcycle garage policy can provide coverage for your motorcycle when it’s not in use, as well as cover any damage or theft that may occur while it’s in your garage. This type of policy is a great option for anyone who owns a motorcycle, and it can help give you peace of mind knowing that your bike is protected.
The attorneys with The Fran Haasch Law Group love motorcycles. We want our fellow bike lovers to have as much information as possible so they can protect their pride and joy. We’ll also be ready to help if you’re hurt in a wreck caused by someone else’s negligence. Contact us online for a free case evaluation.
How Does Motorcycle Storage Insurance Work?
Motorcycle storage insurance is a specialized policy that provides motorcycle coverage while not in use. Motorcycle garage policies can cover motorcycle damage, theft, or vandalism during off-season months when you don’t ride your bike as much. This type of insurance typically covers your motorcycle from October to April, considered “off-season” motorcycle riding months.
Remember, this kind of coverage only protects your bike when it’s stored. If you plan to ride, you’ll still need bike insurance that provides your regular liability coverage. If you don’t have insurance, you’ll have to show proof of financial responsibility, meaning you have the assets to pay for any injuries or property damage that result from an accident that you caused.
What Does Motorcycle Garage Insurance Cover?
– Theft and vandalism coverage for your motorcycle if it’s stolen or vandalized while in storage;
– Damage caused by water, mold, fire, or other natural disasters;
– Comprehensive coverage protects against all risks except those expressly excluded from the policy; collision coverage pays for damage to your motorcycle if it’s involved in a crash.
Motorcycle garage insurance can provide you with the coverage you need to protect your motorcycle when it’s not in use. This type of policy can cover theft, damage, or vandalism, and it can give you peace of mind knowing that your bike is protected. Contact an insurance agent today to learn more about motorcycle garage insurance and how it can benefit you.
Do All Motorcycle Insurance Companies Offer Storage Coverage?
No. Not all motorcycle insurance companies offer motorcycle storage coverage, so it’s important to check with your provider before purchasing this type of policy.
What if My Insurer Doesn’t Offer Storage Insurance?
If your motorcycle insurance company doesn’t offer motorcycle storage insurance, you can purchase a policy from another provider. Several companies provide this type of coverage, so it’s easy to find a policy that fits your needs.
Motorcycle Storage Insurance Costs & Discounts
The cost of motorcycle storage insurance depends on several factors: how long you plan to store your motorcycle, the amount of coverage you need, and the company you choose. Most motorcycle storage policies offer discounts if you have other insurance policies with the same provider.
Motorcycle storage insurance costs depend on the amount of coverage you need, how long you plan to store your motorcycle, and other factors. Most motorcycle storage policies offer discounts if you have other insurance policies with the same provider.
Can I Cancel Motorcycle Insurance During the Winter?
Yes, you may be able to suspend your policy if you aren’t going to be using your motorcycle during that time. Contact your insurance carrier for more information.
Do I Need Motorcycle Storage Insurance?
Motorcycle storage insurance is not mandatory, but it’s a good idea to have this type of coverage. If you’re not going to be riding your motorcycle during the off-season, motorcycle storage insurance can provide protection against theft, damage, or vandalism.
How Can I Save Money on Motorcycle Storage Insurance?
The best way to get the cheapest rates on motorcycle storage insurance is to compare policies from different providers. You can use an online quote tool to get quotes from several companies at once.
How Does an Insurance Company Classify a Motorcycle as “Garaged”?
An insurance company will typically classify a motorcycle as garaged if it’s not being used for transportation and is stored in a locked garage or other secure location. If your motorcycle is not considered garaged, you may not be eligible for motorcycle storage coverage.
Can I Get Storage Insurance if I Build My Own Motorcycle Shed?
You don’t necessarily have to keep your bike in a brick-built garage, or any other type of standard garage. Some motorcycle storage insurance policies will cover motorcycles that are stored in a shed or other structure that you have built yourself. However, it’s important to check with your insurer to make sure that they will provide coverage for this type of situation.
If I’m Not Riding My Motorcycle, Do I Still Need Insurance?
Yes. Even if you’re not riding your bike, you should have a motorcycle insurance policy just in case something happens to it while it’s parked.
What if My Bike is Stolen While it’s Outside of the Garage?
If you have motorcycle storage insurance, your motorcycle should still be covered if it’s stolen while outside of the garage. However, theft can be a complex area.
There are some insurers that won’t cover a theft claim if the bike isn’t taken directly from the garage or the shed you built. For example, suppose you brought your motorcycle out of storage to wash it and left it outside to completely dry.
If someone were to steal that bike, and you were close to the motorcycle at the time, then the insurer would probably cover it. But if you left it outside while you were in the bathroom and it was stolen, the insurer might deny your claim. It all depends on the wording of the policy, so you need to have a complete understanding of whatever policy you’re purchasing before you sign on the bottom line.
Of course, if you take your bike somewhere, such as a friend’s house, and it’s stolen, the garage policy won’t be in effect.
What Are Some Good Ways to Secure My Bike So it’s Not Stolen?
There are several motorcycle theft prevention tips that owners can follow to lower their risk of having a bike stolen.
First and foremost, don’t let anyone know where your motorcycle is stored. Don’t open the garage when friends come over or talk about how you keep your motorcycle at home instead of in an off-site storage facility.
Second, make sure that any sheds or structures you build for motorcycle storage have locks on them, as well as the shed itself if it has windows or doors. This can help prevent people from breaking into these areas and stealing motorcycles.
Third, use a motorcycle security system that will make it difficult for thieves to steal your bike. Many systems on the market work with GPS tracking and other features, so you can be alerted if someone attempts to move your motorcycle without your knowledge.
Fifth, consider adding additional insurance coverage for motorcycle theft, and this will provide some extra peace of mind if your motorcycle is stolen.
Do You Need Motorcycle Storage Insurance?
Motorcycle storage insurance can come with a number of benefits, and it’s well worth considering if you’re thinking about putting your motorcycle in storage. With this type of coverage, you’ll not only be protecting the motorcycle itself but also any other gear or accessories that are stored alongside it. This can include motorcycle helmets, protective clothing, and anything else that might be kept with the motorcycle while in storage.
The Fran Haasch Law Group Will Be Here for You
If you’re ever in an accident while riding your bike and that accident isn’t your fault, get in touch with The Fran Haasch Law Group immediately. We’ll work hard to make sure you obtain the money you deserve. Contact us as soon as you can for a free case evaluation.