Motorcycles offer a fun, exciting way to get around. Unfortunately, they’re easier to steal than many vehicles. The number of thefts has repeatedly gone up in recent years, according to the National Insurance Crime Bureau. So, how can riders in North Dakota and Colorado protect their bikes?
Insurance Coverage
A stolen motorcycle is covered by insurance if you have signed up for the right kind of policy from an agency like Integrity First Insurance. Basic liability or collision coverage isn’t enough. Only a comprehensive policy covers theft. The same goes for vandalism and severe weather.
Does your bike have special aftermarket equipment installed? If so, you may need extra protection from theft and damage. You might want to consider adding a custom equipment endorsement to your comprehensive motorcycle insurance.
Keep in mind that home or renters insurance typically won’t cover the theft of a motorcycle under any circumstances. Even if your bike is being stored in a garage or shed, it could be stolen and needs separate coverage.
Taking Precautions
Regardless of what insurance you have, it’s crucial to prevent theft. Always lock the motorcycle and park it in a visible location. Put the title in a safe deposit box or locked safe. Consider installing a security alarm on the motorcycle.
Reporting Theft
If a thief steals your bike despite these precautions, be sure to take action quickly. Report theft to your motorcycle insurance company and local police right away. It’s best to supply photos and detailed information about the bike.
Integrity First Insurance is an independent agency that provides access to various motorcycle policies. We can help you select the right coverage to insure your bike against theft, accidents, and other hazards. To reach our Colorado office, please call 303-597-1667 today.
