Benefits of Off-Season Motorcycle Coverage

Winter weather can make motorcycle riding extremely difficult in Colorado. When temperatures drop, you may decide it’s time to store your bike for the season. Storing your bike for the winter, however, doesn’t mean you automatically drop all coverage. By scaling back your coverage, you can save money on your premium and still retain the protection you need during the winter months. Here’s how off-season motorcycle insurance from 1st American Insurance Agency in Longmont, CO can protect your bike during winter at reduced costs.    

Reduced Collision and Liability Coverage

As you won’t be riding your bike during the winter, there’s no reason to maintain high limits on your collision or liability coverage. By reducing coverage to minimum levels, you can lower premium costs. At the same time, you retain some protection in case temperatures unexpected warm-up for a day or two and you have a chance to take your bike for a quick spin around town. Raising the deductible on your policy can also help in reducing insurance costs.

Don’t forget to revert to your original coverage when you’re ready to hit the road again in the spring so you’ll have the full protection you need for city riding or long-distance travel.  

Comprehensive Protection

Putting your bike in storage doesn’t make it impervious to all risks. Depending on the safety of your storage unit, your bike could still be prone to theft, fire damage, storm damage or vandalism. By maintaining some level of comprehensive insurance, you can safeguard your bike against these risks. Dropping your coverage altogether puts you at risk of paying for unforeseen damage out-of-pocket.

To learn more about off-season coverage for your motorcycle, call or visit 1st American Insurance Agency in Longmont, CO today. We’re here to meet all your motorcycle insurance needs.

How Commercial Insurance Protects Your Profits

Your business is likely the bread-and-butter of your finances. Even if it’s a side hustle, you have likely begun to rely on that extra income. If you’re considering either switching your commercial insurance or purchasing a new policy, 1st American Insurance Agency would like you to have a better idea of how commercial insurance can protect you and your livelihood. 

You Have a Backup Plan 

A solid insurance policy gives you a way out of countless sticky situations. What happens if you can’t open your business in Longmont, CO for several months because of structural damage? Can you operate from home? Can you sell the same stock online? Is your stock still intact after the damage? You can purchase insurance that will not only help you reopen the shop after making the repairs, but also replace the lost income that you weren’t making during the time of the repairs. 

You Get Answers 

When you find someone who can help you during the worst possible events, you have a way to plan ahead. The right insurance partner can give you the advice and the warnings you need to make better decisions — something that’s difficult to do when panic sets in. So if a customer decides to sue for three times what the business is even worth, you can consult an expert about how to take the next steps. These kinds of perks can preserve profits because they help owners prepare for the worst. 

If you want to learn more about which policies do what for you, call 1st American Insurance Agency today. We help the people of Longmont, CO get a better handle on how to keep their business from financial ruin. Instead of purchasing the bare minimum, call us for quotes and learn more.