Motorcycle Insurance and Your Parking Spot

Factors that can affect your motorcycle insurance in Willis, TX include your age and experience riding a motorcycle, whether you’re a commuter or occasional rider, your driving record, and more. One that you might not have considered is where you park your motorcycle, to the extent that it reflects the risk the motorcycle is exposed to.

If you live in a safer neighborhood and keep your motorcycle in a locked garage, you’re likely to see a difference compared to on-street parking on a busy city street. Driveway parking, keeping the motorcycle in a storage unit or storage company lot, and in an apartment complex parking area could also affect your risk and premium rates. At Melvin Gessner Insurance Agency, we can help you manage your motorcycle insurance coverage, helping you find insurance that fits your lifestyle.

When Your Parking Spot is Problematic

Risk is also a matter of claims you and others have filed, and a parking spot where you wind up having repeated damage claims or perhaps entering traffic from curbside and having accidents could raise your rates as well. If you’re an experienced motorcycle rider, you have some idea of where you face more risk and can manage it without reacting to premium expenses.

To find the best coverage for your needs, you can ask the experts at Melvin Gessner Insurance Agency for suggestions such as combining policies, making sure that you’re insured properly for the experience level and driving record of listed riders, and working with the right insurance company to match your needs. We’re here to help you in Willis, TX, providing helpful information, excellent service, and friendly staff who are knowledgeable and experienced. We look forward to serving you and invite you to call us today!

The Different Types of Motorcycle Insurance

No matter if it’s your daily mode of transportation or your weekend ride, it’s crucial that you have the right type of insurance coverage for your motorcycle. However, with all of the different policies, providers, and terminology, it can be hard to find exactly what you need.

The team here at the Melvin Gessner Insurance Agency understands just how stressful and overwhelming shopping for insurance can be. That’s why we’ve put together a brief overview of what Willis, TX residents can expect when looking to insure their motorcycles.

Standard Coverage Types

There are a few different types of coverage that are generally considered to be standard coverage options. These are:

  • Bodily injury and property damage liability coverage
  • Uninsured/underinsured motorist coverage
  • Comprehensive and collision coverage
  • Medical payments coverage

Each of these plays an important role in the event of an accident and works to help cover the costs of repairs and replacements to your bike or someone else’s property, as well as medical expenses.

Additional Coverage Options

In addition to the standard types of coverage, you may choose to add coverage options that are designed for specific events and situations. These are things like

  • Total loss coverage for a new motorcycle
  • Roadside assistance and trip interruption
  • Rental reimbursement
  • Lease/loan gap coverage
  • Optional or added equipment coverage

Depending on the insurance provider you choose, there may be company-specific coverage options as well. Working with a Willis, TX insurance agency will help you look at all of your policy options so that you make the best choice for your needs.

Protect Yourself and Your Ride Today!

When you need help finding the right motorcycle insurance policy, call Melvin Gessner Insurance Agency! Our experienced agents will help you explore all of your coverage options to find the best coverage for you. Give us a call today!

Does Motorcycle Insurance Cover Customized Bikes?

In short, it’s not hard to get coverage for your customized motorcycle in Willis, TX. There are a few terms that can help you better understand your motorcycle coverage options.

Agreed Value, Actual Cash Value, and Replacement Cost

To insure a bike, the insurance company needs to determine its value. A motorcycle depreciates in value, much like a car. Replacement cost, or the amount it would take to buy a replacement, is often higher than the value.

The insurance company will determine the actual cash value or agreed value to determine what they’d pay in a claim. Actual cash value is an evaluation of the cash worth of the bicycle. This evaluation factors in modifications, damage, depreciation, and wear and tear. In some circumstances, it may not be simple to come to an actual cash value. In that case, a fair agreed value would be set between the owner and the insurance provider. The skilled staff of Melvin Gessner Insurance Agency can help you determine which applies to your bike.

Coverages for Custom Motorcycles

Some motorcycle coverages will be familiar. Those collision, comprehensive, and liability. Bikes insured in Willis TX require at least liability. Others you may be less familiar with but are handy to have:

  • Uninsured/Underinsured: Covers you should another driver damage your bike without the insurance to cover it.
  • Roadside: Call for a tow, tire, or gas in a pinch.
  • Custom Parts & Equipment: This covers the price for valuable aftermarket or custom parts and equipment that exceeds basic motorcycle coverage.

Consider Seasonal Coverage

For fair-weather cruisers, consider seasonal coverage applies four to six months out of the year. Seasonal coverage is a great way to save if your bike spends its winters in the garage.

Contact Us Today

Call Melvin Gessner Insurance Agency in Willis, with any questions you have about covering your modified motorcycle. Let us help you protect your property.