Motorcycle Insurance
from Veritas Insurance Group
Motorcycle Insurance
Get a Ride on.
We at Veritas Insurance Group specialize in insuring your motorcycle and other recreational vehicles. We cover any motorcycle that you ride, from cruisers and touring bikes, to sport bikes and enduros, as well as mopeds and scooters. Our nationwide service allows us to meet your needs within your budget. And you can save even more when you cover multiple vehicles with Veritas Insurance Group!
What coverage will best protect my motorcycle?
You’ve spent a lot of time and money perfecting your motorcycle. When you choose Veritas Insurance Group, we will work with you to personalize your policy - we want to insure your motorcycle with the best coverage at a price to meet your budgetary needs. Your new motorcycle policy may include any of the following options:
- Custom Parts Coverage: If you choose to cover all of the extras that make your bike unique, you can be covered for as much as $30,000 in accessories you’ve added.
- Carried Contents Coverage will pay for your personal property (safety gear and apparel, hunting or camping gear) if it is stolen, destroyed or damaged while you are using your motorcycle.
- Transport Trailer Coverage provides physical damage coverage for your motorcycle transport trailer.
- Injury Protection provides a benefit for income loss as well as a death benefit in the event of a covered loss.
- Collision Insurance covers your motorcycle in an accident with another vehicle or object.
- Comprehensive Coverage insures you when a natural disaster, vandalism, theft or fire damages or destroys your motorcycle.
- Property Damage Liability Coverage protects you from damage caused to someone else’s property in an accident. Liability coverage may also pay for your legal defense if you are sued for damages you have caused.
- Bodily Injury Liability Coverage insures you for bodily injury to others, due to an accident where you are found at fault.
- Uninsured/Underinsured Motorist protects you in the event someone else is liable to you for bodily injury or property damage, and they carry insufficient or no insurance.
You have choices when it comes to protecting your motorcycle in the event of a total loss:
Total Loss Coverage (TLC): provides the highest level of protection. This coverage is available for motorcycles that are not more than one year old. Your motorcycle will be replaced, up to the first two model years, with a new motorcycle of the same (or most similar available) make and model. After two model years, your policy will cover your full purchase price, minus your deductible.
Actual Cash Value (ACV): this type of coverage will pay the actual depreciated value of the motorcycle at the time of total loss, minus your deductible. ACV is the least expensive type of coverage. If your motorcycle is financed, ACV coverage coordinates well if you’ve purchased GAP protection from your dealer or finance company. GAP protection ensures that your loan balance is paid in the event it exceeds the value of the motorcycle at the time of loss.
Agreed Value: motorcycles are typically insured under a TLC or ACV policy. Occasionally insurance carriers will require Agreed Value coverage due to the age, value or make of the motorcycle. If you experience a total loss at any time, this policy will cover the Agreed Value of the unit minus the policy deductible.
When you ride, you’re protected.
Veritas Insurance Group can cover you no matter where you ride. Our agents can insure you nationwide, and you can be sure that you will have a dedicated agent who will work to personalize a policy for you. Contact us today!
