My Motorcycle was Stolen…Now What?
When you own a motorcycle, aside from accidents, one of the main reasons you must have Connecticut motorcycle insurance is in the event your bike is stolen. Maybe you park your bike outside a store and come out and it’s gone or maybe it’s stolen from your property. Either way, without insurance you will end up paying out of your own pocket to replace your motorcycle. We don’t have to tell you that could end up being a big chunk of money.
How would you motorcycle insurance work in the event that your bike was stolen? Would you have enough coverage? Your comprehensive coverage would help you purchase a new bike, subject to your deductible, of course. Make sure your bike has sufficient coverage so that you would be able ot replace it. By this I mean if you make additions or upgrade your bike, make sure your insurance policy reflects this. If you add $5,000 worth of custom parts to your bike updating the value that won’t be taken into account unless your agent is made aware of the upgrades. Learn more about that scenario here.
People think about insurance and they think about accidents and how no matter what you do to prevent them, you can’t control the scenario. The same can be said about theft. It’s out of your control for the most part. The best thing you can do is be prepared with the right motorcycle insurance coverage. Are you? Give us a call at 888.865.1244 and we can help you make sure you have the right coverage for you and your bike.
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