Motorcycle insurance is an important part of owning a bike. It protects you in the event that you are involved in an accident. However, it’s important to remember that your policy is not set in stone. You should review it regularly to ensure it still meets your needs.
Here is when to review your motorcycle insurance policy:
You Added New Accessories to the Bike
If you’ve just added a sweet set of pipes or a flashy new seat to your motorcycle, you might be thinking about how much your insurance rates will go up. After all, customizing your bike is one of the best parts about being a motorcycle enthusiast. But before you start worrying about your premium, notify your insurance company about the changes.
Your insurer will want to know about any modifications you’ve made to your bike, as they can affect both the value of your bike and the amount of risk you pose on the road. In some cases, adding new accessories to your motorcycle could even help you get a discount on your premium. So it’s always best to err on the side of caution and call your insurance company after making any changes to your bike.
You Moved to a New City
If you’ve recently moved to a new city like Dallas, TX, updating your insurance policy to reflect your new address is important. The reason for this is twofold. First, different cities have different rates of motorcycle theft and accidents. So if you’re moving from a rural area to a big city, you can expect your rates to go up. Talk to Presley Insurance Group to find out how your rates could change.
You’ve Been Riding More Often
If you’ve been hitting the open road more often, that’s great news! But it also means you might be at a higher risk for an accident. Most insurance companies take this into account when they’re calculating your premium, so if you’ve been riding more frequently, you can expect to see a slight increase in your rates.
Call Us Today
As a motorcycle enthusiast, it’s important to stay up-to-date on your insurance policy. If you’re looking for a great motorcycle insurance policy, be sure to contact us today at Presley Insurance Group in Dallas, TX. We’re always happy to help our clients find the best possible coverage at the most affordable rates.
