Unless you have an "agreed value" policy, most insurance will cover the original motorcycle as it came from the factory, and anything else, like the trike kit, aftermarket farkles, custom seats, pin striping, etc is under the accessory or (as my insurance calls it) customization. We have $17,000 of "customization" coverage. The cost isn't that much, and I am thinking of adding to that as the original bike isn't worth all that much - the insurance company values the as from the factory motorcycle without a rear wheel, driveling, brakes, saddlebags, fenders, other missing parts and possibly an altered frame or other systems. The original motorcyle isn't worth much onec you take off the aftermarket parts and trike kit. My ideal situation is to have the coverage of the original bike and the accessory coverage be just a little bit more than what it could cost to replace the rig if it were totaled.
Don - 2004 GL1800 Champion trike, 2018 Can Am Spyder RT Limited
2 wheeler: 2013 Triumph Bonneville T100
FORR Local 11, AMA, MRF, Mid-South MILE Committee
Thank you I am a USAA member and this is very good to know, I just got my trike and haven't got to get it on the road yet since I am traveling all the time this week in Quebec and part of next week as well but I will get 4-5 days off the end of the month and I plan on getting it legal and getting on the road
I was with Foremost for well over 25 years, No accidents tickets or claims... Very happy with the cost, Then last year they sent me a letter saying that they will be raising their rates 17% in New Jersey....So i switched to GEICO..Dropped my rates in half...
If i live to be a hundred i'll still never understand insurance company's...
Sometimes a Cigar is Just a Cigar.....
2019 Tri-Glide.......
Progressive & Geico are very competitive unless you happen to be a Berkshire Hathaway employee then Geico will bet any other insurance.
Note some insurance companies offer an additional premium for accessories.
Insure your make and model of your trike like Goldwing and then if the assessor coverage will cover the conversion kit pick that amount of coverage. Trike kit is considered an accessory.
Just to let everyone know, HD insurance is no longer underwritten by Progressive.
For me, the quote I just got in Missouri saved me 20% for better insurance.
2017 Harley Davidson Freewheeler (107 cu.in. vivid black).
Does anyone have experience with Merkel motorcycle insurance?
2017 Harley Davidson Freewheeler (107 cu.in. vivid black).
I spelled that wrong, it's Markel & I signed with them a few days back & got better coverage at a substantial savings over Progressive.
2017 Harley Davidson Freewheeler (107 cu.in. vivid black).