Customizing your motorcycle with unique OEM aftermarket parts and one-of-a-kind accessories is a way to express yourself when you’re truly on the open road. However, when investing in unique upgrades, it’s important to understand how your motorcycle insurance policy may be impacted. At Highpoint Insurance Group in Dadeville, AL, we can help you better understand your coverage needs based on your vision for your bike and any existing efforts and investments you’ve made.
How Custom Parts and Modifications Impact Motorcycle Insurance Policies
Motorcycle modifications and custom parts can impact motorcycle insurance policies in the following ways:
- Premiums: Costly customizations and modifications may cause your insurance premiums to increase. Premiums are calculated based on risks associated with higher-value additions and changes made to your bike or vehicle.
- Additional Coverage: Depending on your intentions, if you have expensive modifications or custom parts on your bike, you may also require Custom Parts and Equipment (CPE) coverage. At Highpoint Insurance Group, we can help you review your policy options.
- Replacement Costs: Anytime you invest in parts such as brand-new paint jobs, exhaust systems, or even custom seating, the overall value of your motorcycle also increases. This may require additional coverage, especially if a standard motorcycle policy you have covers the default face value of your bike.
At Highpoint Insurance Group in Dadeville, AL, we specialize in working with clients regarding motorcycle insurance policies and customization solutions. Whether you’re an avid motorcycle collector or you own a truly unique, personalized bike, we can help you better understand how your custom parts and modifications may impact your insurance policies and/or needs. For your consultation and to find a motorcycle policy that’s adequate for your coverage needs, contact Highpoint Insurance Group today.
