Motorcycle Insurance Articles
Insuring A Motorcycle While Keeping It In Storage
2011-07-19
Owners of motorcycles must always keep their motorcycles insured even when their bike is in motorcycle storage. Owners that do not have motorcycle insurance on their motorcycle that is in storage still face risk of loss their bike is not insured.
Each day, owners of motorcycles everywhere lose their prized possessions. Owners that do not have their motorcycles insured will in all likelihood not be able to recoup their loss if their motorcycle was stolen, damaged or destroyed in storage.
Individuals who own motorcycles need to take the steps to protect their investment even if their motorcycle is in motorcycle storage. It is important that owners of motorcycle not suspend or cancel their motorcycle insurance while it is in storage.
Individuals who do not have the proper motorcycle insurance should take the steps to secure the proper insurance because most storage facilities do not include motorcycle insurance or offer any additional coverage to owners who store their motorcycles.
Owners who own motorcycles and store them for any length of period want to make sure they are properly insured because if their motorcycle is ever damaged, destroyed or stolen when it is in storage, owners want the reassurance of knowing that they will be able to recoup their loss in part or in full from their own insurance company. By maintaining an active insurance policy, owners of motorcycles will know that they are covered should their motorcycle ever be stolen, damaged or destroyed while it is in storage.
In many states, owners of motorcycles are required to maintain motorcycle insurance on their motorcycles if their motorcycle is going to be operated at anytime. Failure to maintain the proper coverage could result in the impositions of fines and additional losses if the proper insurance is not maintained. Even motorcycles that are operated for a second or a very short distance need to be covered. Accidents and losses can occur anytime a motorcycle is operated.
In addition, owners should always have the proper insurance on their motorcycle even if it is not going to be operated because there is always a risk of loss. This is true even for owners who choose to have their motorcycle transported on the back of a truck. Owners should always make sure they have their motorcycle insured because if it is damaged or destroyed or stolen while it is being transported to a storage facility or after leaving the storage facility, owners may have a hard time recouping their loss.
Owners should take the steps to protect their investment and keep their motorcycles insured at all times because there is always a risk of loss. This is true even when a motorcycle is in motorcycle storage.