Save more we us on your car insurance
We will always return your bike to pre-accident condition or better. Let’s say that your five-year old front tire with 10,000 miles on it gets damaged. Based on the tread remaining, its depreciated value is $50, but you need a new one that costs $150. We pay the full $150 and not the depreciated value. That’s a real $100 difference.
Total loss coverage for a brand new bike
Available if your bike is no more than one model year old on a new policy, and two model years old during a renewal of a TLC policy. If it’s totaled, we’ll give you the full MSRP for a brand new motorcycle, minus your deductible.
Let’s say that you bought a bike for $15,000, and it’s now only worth $10,000. If it’s totaled, and the latest model costs $15,000+, we’ll give you $15,000+. That’s a $5,000 difference. If your bike is no longer eligible for total loss coverage at renewal, your policy will still cover the actual cash value for what it’s currently worth.