Classic Bike Insurance

Classic bike insurance is a great option for owners of vintage motorcycles who wish to protect their investment from loss.

How to get a classic bike insurance quote

Many insurers who write motorcycle policies also offer classic bike insurance. Contacting these insurers and asking how to apply for classic bike insurance is a good way to get started. Insurers who write classic motorbike insurance policies often advertise in motorcycling magazines, in the Yellow Pages and other media. Many such insurers also advertise on the Internet and offer online classic bike insurance quotes.

To qualify for classic bike insurance, the motorcycle typically must be considered vintage or classic. The definition of vintage or classic may vary between insurers, but typically the bike must be at least 30 years old, although some insurers use a lower number. The classic bike insurance company will also typically ask other questions, such as what the original price of the motorcycle was, how often the motorcycle is written if at all, and any restoration or modifications done to the bike.

With classic bike insurance it is important to have a thorough documentation and photos of the bikes condition and work that has been performed on the bike. In the event of a loss, especially on a classic bike such as a 1967 Suzuki Hustler X-6, this documentation may help get the best settlement from the insurer. Thorough documentation is a good idea because with classic bikes some unscrupulous people may attempt to ensure a bike that is in poor condition and then file a fraudulent claim later.

Comparing classic bike insurance policies

When obtaining multiple classic bike insurance quotes, it is important to compare the coverage offered. For example, one policy might offer $50,000 in accessory coverage while another policy offers only $10,000 in accessory coverage. So to limit exposure to risk when buying classic bike insurance, it is important to compare not only the premium but also the coverage. It is also important with classic bike insurance to note specific exclusions that might be listed in the policy. For example, some policies might not protect the classic bike against risk of loss due to floods or other acts of God. And no one wants to bear the loss of a Triumph Trident T150 in a flood and then not have had adequate classic bike insurance.

Obtaining cheap classic bike insurance

Getting classic bike insurance cheap requires obtaining multiple quotes for different insurers as we discussed above and then comparing the coverage and premiums. Often, insurers who write both motorcycle and automobile insurance policies will offer discounts to customers who carry more than one type of insurance product with the same company. For example, someone who requests a classic bike insurance quote for Harley-Davidson VR-1000 Racer and a home and contents insurance quote from the same company might get a discount on both quotes.

Classic bike insurance conclusion

Obtaining classic bike insurance is often done for classic motorcycles to protect their owners from risk of loss. Many companies offer classic bike insurance quotes to protect the classic motorcycle.