Upgrading your motorcycle can enhance its value and functionality, but it may also require adjustments to your motorcycle insurance policy. Below are key categories to consider when evaluating whether additional motorcycle coverage is necessary. If you’ve made changes to your bike, it’s a good idea to review your policy and ensure you’re adequately protected.
New Parts
If your motorcycle has been recently repaired or modified, its value may have increased. New mechanical or body parts can significantly boost the worth of your bike. Each part used for repairs or upgrades can be listed in your insurance policy. This ensures that if the parts are stolen, vandalized, or damaged by a catastrophic event, your insurance can help cover the cost of replacement or repairs.
New Motorcycle Accessories
Adding accessories like a new stereo, upgraded lights, seat covers, or other enhancements can make your rides more enjoyable. However, these additions may also increase the need for additional coverage. Expanded motorcycle insurance can protect these accessories while you’re riding, as well as when your bike is parked or being towed.
Towing Equipment
If you plan to use your motorcycle for towing luggage or other essentials, you may want to insure the hitch and trailer you’ve added. In the event of an accident, theft, or vandalism, your towing equipment will be covered under the appropriate insurance policy.
Insurance Upgrades
After reviewing these categories, you may decide that additional motorcycle insurance is necessary to protect your investments. Contact one of our agents at Aspen Gold Insurance Brokers for assistance. Our team proudly serves the Denver, CO region and is happy to answer any questions or help with insurance upgrade requests.
