Vintage vs. Standard Motorcycle Insurance
Chances are, you have put a lot of time and money into your vintage motorcycle to get it running like new. While it was a labor of love, you want to make sure that all your hard work is protected from any unfortunate situation. Investing in the right vintage motorcycle insurance policy can give you the peace of mind needed when cruising down the road.
It is important to keep in mind that since vintage motorcycle insurance is a specialty insurance option, not every insurance company will offer coverage. Working with your independent insurance agent can help to make sure that you have the protection that you and your vintage bike deserve while on the road.
Liability insurance is the only coverage that is required by law, and it will provide coverage for any property damage or injuries that you cause to others if you cause an accident. If you are only looking for liability coverage, you will most likely be able to invest in a standard motorcycle insurance policy. However, if you want to fully protect your bike, you will need to find a vintage motorcycle insurance policy that will fit with your needs.
One of the major differences between a standard motorcycle insurance policy and a vintage motorcycle insurance policy is agreed upon value. Since vintage bikes are not valued in the same way that newer bikes are, you will need to work with your insurance agent to agree on the value of your bike. If your vintage motorcycle is totaled in a covered loss, you will receive a payout in the amount of your agreed upon value.
When looking for the perfect vintage motorcycle insurance policy that will fit with all of your specific needs, contact the independent insurance professionals at Gee Schussler Insurance Agency in Orland Park, Illinois.
