Enthusiasts may plan to modify their motorcycles, finding the customization process fun and exciting. However, it is important to discuss potential changes to your insurance policy that may be necessary after motorcycle modifications with our team at Melvin Gessner Insurance Agency in Willis, TX.
What Qualifies as a Modification?
A modification refers to any changes or updates made to your motorcycle after purchase. Common updates include boosting speed capacity, changing the exhaust system, adding new parts, and modifying the paint with a custom design or color. Each modification can potentially impact your insurance premium.
How Modifications Could Affect Your Insurance
How your policy is affected depends on the types of additions and changes made. Performance-enhancing modifications could increase premiums as insurers consider more powerful bikes as riskier. On the other hand, incorporating modern safety features like theft protection and advanced brakes may lower rates.
Why It’s Important to Update Your Insurance Provider
It is crucial to inform your insurance company about any changes you make to your motorcycle. Maintaining an accurate policy ensures your coverage remains valid. Failing to update your policy could lead to a claim denial, which could be costly in the event of an accident or theft.
Ensure Your Modified Motorcycle is Adequately Covered
For comprehensive motorcycle coverage, consult the Melvin Gessner Insurance Agency agents in Willis, TX. We’ll tailor a policy to meet your specific needs and can provide a quote for a comprehensive policy, including modifications. Connect with us today.
