Classic Motorcycle Insurance
Classic motorcycles are also called vintage or antique motorcycles. Insurers use different definitions of classic bikes but they’re all based on age. For example, one insurer labels a motorcycle classic if it’s over 30 years old.
The Antique Motorcycle Club America defines it as a motorcycle over 35 years old.
Classic Motorcycle Insurance Factors
Several factors determine your premium for a classic motorcycle:
- Value- The most important factor in developing an insurance premium for a classic motorcycle is its value. Because of this, many insurers request a vehicle inspection and an appraisal completed by a qualified professional.
- Age- In many cases the older the motorcycle is, the more the premium will be
- Production- If your bike was part of a limited production run, the value and premium will be higher
Classic Motorcycle Insurance Coverages
Similar to auto insurance, standard motorcycle insurance coverage can include:
- Bodily Injury and Property Damage Liability (BI and PD)
- Comprehensive and Collision
- Uninsured/Underinsured motorist
- Medical Payments
- Custom Parts and Equipment
- Roadside Assistance
Agreed Value Protection- However, your classic motorcycle is anything but standard. You may want to consider agreed value protection for it. This covers the full value of your classic bike. It means in the event of a total loss, you’re paid the full insured value agreed on when the policy was written (less any deductible).
Shop around for a policy that caters to classic motorcycle insurance. Rates and premiums can vary widely from carrier to carrier.
Motorcycle Insurance Breaking News
- BPI sweetens auto loans - Malaya February 9, 2012BPI sweetens auto loansMalayaAccording to David Sarmiento, senior vice president and head for auto and motorcycle loans of BPI Family, the bank is the only one in the market to offer one-year comprehensive insurance for free. "This promo, exclusive to BPI clients, ... […]
- BPI sweetens auto loans February 9, 2012In an effort to further boost the country’s auto industry, BPI Family, the savings bank arm of the Bank of the Philippine Islands, yesterday launched its latest promotion in which buyers can get free comprehensive insurance for the first year. […]
- Motorcycle accident rate disputed - Admiral February 9, 2012Motorcycle accident rate disputedAdmiralCyclists in comparison are performing worse than motorcyclists and motorbike insurance policy holders, with an 8 per cent rise in deaths and serious injuries. A further 4 per cent rise in casualties for cyclists were also recorded in that time period. […]
- Motorcycle Insurance Information - EQuicknews February 9, 2012EQuicknewsMotorcycle Insurance InformationEQuicknewsGetting good motorcycle insurance rates cаn bе a tricky business aѕ thеrе are many аssоciаted risks that comе аlong with riding а motorcycle. Like with auto insurance, there arе а number оf factors thаt аrе tаkеn into consideration when working оut ...and more » […]
- Explore America's Wild West on Guided Motorcycle Tours with Western Moto ... - Business Wire (press release) February 9, 2012Explore America's Wild West on Guided Motorcycle Tours with Western Moto ...Business Wire (press release)Tour participants must have a valid motorcycle license and will be required to purchase liability insurance with the package. Additional riders may be added for a fee and riders may tour on their own motorcycle for a lower rate. […]
- Petition launched to change theory test - Kent Online February 9, 2012Kent OnlinePetition launched to change theory testKent OnlineThe government should make it compulsory for all learner drivers to answer at least one motorcycle-related question during their theory test. That is the view of a motorcycle insurance company, which has launched an official online petition.Petition to change theory test gathers pace Visordown.coma […]
- Explore America's Wild West on Guided Motorcycle Tours with Western Moto Riders LLC February 9, 2012BEND, Ore.--(BUSINESS WIRE)--Western Moto Riders LLC is a Bend, Oregon-based tour company offering American motorcycle holidays that invoke the culture of the wild west, starting summer 2012. […]
- Motorcycle show, aquatic center on agenda in Snohomish February 9, 2012SNOHOMISH -- The City Council is set to decide on two important issues Tuesday night. The council expects to vote on whether to approve the return of a motorcycle show and whether the city should pay the water and sewer services for the Aquatic Center. […]
- Florida Toddler's Motorcycle Ride Earns Dad Felony Charges February 7, 2012COMMENTARY | A Florida dad was charged with felony child neglect last weekend after authorities spotted him taking his 3-year-old son for a spin on his motorcycle. The Tampa Bay Online reports 33-year old Jose Nelson Diana of Tampa, Fla., was holding his child in front of him during the ride, which authorities say was 20 mph to 30 mph. […]
- Motorbike Insurance Guide Launched by Tiger.co.uk - PR Web (press release) February 6, 2012PR Web (press release)Motorbike Insurance Guide Launched by Tiger.co.ukPR Web (press release)Car insurance comparison site Tiger.co.uk, one of the UK's most popular comparison sites, has announced that it has published a guide to motorbike insurance. Delivering more quality content to our site visitors will be a key focus for us in 2012.and more » […]
© Copyright 2011 MotorcycleInsurance.org All Rights Reserved
