Are My Custom Motorcycle Parts Covered?
What Types of Motorcycle Upgrades Should You Review?
If you have changed the motorcycle from its original factory configuration, it is worth checking how those additions are treated under your policy.
Specialty paint, graphics, wraps, airbrushing, and custom finishes may increase the value of the motorcycle beyond its factory configuration.
Aftermarket exhaust systems and related performance components may represent a substantial investment that should be included in a coverage review.
Custom wheels, saddlebags, windshields, lighting, luggage systems, and other accessories can increase the amount you have invested in the motorcycle.
Navigation systems, communication equipment, audio systems, upgraded displays, and other electronics may require additional consideration.
Custom Parts May Have Their Own Coverage Limit
Some motorcycle policies include a basic amount of coverage for custom parts and accessories. That amount may not be enough if you have made extensive modifications.
Check What the Policy Already Provides
Your motorcycle policy may provide some protection for qualifying custom equipment or accessories when physical damage coverage applies.
The included amount, covered equipment, deductible, and settlement terms can vary significantly by insurance company and policy.
Higher-Value Bikes May Need More Coverage
If your modifications exceed the standard amount included with the policy, additional custom-parts or accessory coverage may be available.
Selecting an appropriate limit can help the policy better reflect the amount you have invested in eligible aftermarket equipment.
Document What You Have Added to the Motorcycle
Good documentation can help identify your modifications and provide information about their value if a covered claim occurs.
Keep Receipts
Save purchase and installation receipts for significant accessories, parts, and upgrades whenever possible.
Take Photos
Keep clear photographs showing the motorcycle and its custom equipment before a loss occurs.
List the Modifications
Maintain a simple list of major upgrades, including brands, model numbers, installation dates, and approximate costs.
Update Your Agent
Significant modifications are a good reason to review your motorcycle policy and determine whether your current custom-equipment limit is still appropriate.
Have You Customized Your Motorcycle?
Best Formula Insurance can help you review motorcycle insurance options, physical damage coverage, custom parts and equipment limits, deductibles, liability protection, and other available coverage.