What’s Comprehensive Motorcycle Insurance?

Comprehensive motorcycle insurance is an insurance policy option. It differs from collision coverage though. However, it’s the part of the policy that helps pay for any expenses regarding your bike. 1st American Insurance Agency serves Longmont, CO, and the surrounding region by offering this type of insurance, so you can protect your investment. 

Basics of Comprehensive Coverage

Comprehensive insurance will help you repair your bike if it’s damaged in an accident. It’s also possible to use this type of insurance to replace your bike if it’s completely totaled. Your collision coverage helps take care of the expenses if you run into a vehicle, tree, fence, building, or other object. However, comprehensive insurance covers your bike if it happens to get damaged in an event that’s not a collision. For instance, it covers if your car is stolen and also covers if something should fall on your bike such as a hail ball. Additionally, you can use this type of insurance if it’s vandalized.

Parts Coverage

You can’t use this type of insurance to cover expenses at the mechanic if they’re related to your bike breaking down as a result of you not properly maintaining it. Moreover, it doesn’t provide coverage for expenses related to repairs needed because of wear and tear either. Generally, it only covers factory parts, meaning the ones that came with your bike. You’ll want to look into equipment coverage if you have nonstandard parts on your bike. 

Coverage Limits

You don’t have to have comprehensive motorcycle insurance, but if you can’t afford to replace your bike, you may want to have. An agent will discuss your options and help you make a decision. 

Contact 1st American Insurance Agency, serving the Longmont, CO area and nearby, for a quote.