Just checking to see if anyone has insurance on a racebike? I am moving into an apartment soon, and the renters insurance does not cover it, and will not. So, if anyone knows or has any information about getting coverage for a TZ 125, let me know!! ;)
No title for it...so....
ASk your auto insurer if they will just insure it for theft. Thats about all they would do on a racebike/car anyways.
I have mine insured for transporting and theft. Its like 8 bucks a month. Or put full coverage on it and take off the numbers before you make a claim. ;) I'm sure those Insurance people won't ask what all the wire is on the bolts and where the light went ;)
Stumpy
QuoteOr put full coverage on it and take off the numbers before you make a claim. ;) I'm sure those Insurance people won't ask what all the wire is on the bolts and where the light went ;)
Stumpy
...and people wonder why insurance is so costly....
;)
I have ;) mine insured for fire and theft.Thats all they will pay for...
QuoteI have ;) mine insured for fire and theft.Thats all they will pay for...
I have state farm. I wanted to drop to just theft. They said I had to at least have liab to get theft, WTH?
Then when I told them I only wanted theft cause I race it, they promptly told me they could not offer any insurance whatsoever on the bike.
A bike that is being trailered is not covered by the vehicle trailering it. Any vehicle being trailered must have its own comprehensive insurance if it is damaged while being towed.
Yep, got the same story from my state farm agent, won't touch a racebike.
rule #1 : always remember your racing is a secret!!
shhhh! ;)
QuoteYep, got the same story from my state farm agent, won't touch a racebike.
Funny, my SF guy said they could. ???
My racebike is covered for theft, damage in transport and fire by SF also.
Interesting. Sounds like i need a new agent.
I have Comprehensive only (Theft, Fire, Vandalism etc) on all of my bikes through Country Companies. It was just a matter of calling them up and asking for it. It is around 10/yr per thousand coverage.
ACE insurance a company out of Alabama will insure racebikes, its done via llloyds of london had it done a few times wasn't bad. companies like allstate, state farm won't, you can also get disability if hurt during a race. ;)
Don't insurance companies want to see a title or proof of something to show what it is and then they can figure out how much it is worth? I do not have a title for it...and would like to get some kind of coverage, but im not going to pay and then if something does happen, i am screwed for not having a title..ya know what im saying?? ???
QuoteDon't insurance companies want to see a title or proof of something to show what it is and then they can figure out how much it is worth? I do not have a title for it...and would like to get some kind of coverage, but im not going to pay and then if something does happen, i am screwed for not having a title..ya know what im saying?? ???
This is AZ, a state that will title just about anything. One of these days I'm going to take my TZ250 down and get a title for it. Hey, it's got a frame #, and knowing the AZ MVD, that's probably good enough. ::) Doesn't hurt to try. ;)
In almost every state, if the bike has a frame and engine number (and remember- all CCS racebikes must have these!) you can get some form of ID for the bike. A title search may be required to ensure there are no liens or other registerd owners. Also- to get a bike street legal in AZ- it must only have a headlight, tail and brake light operated by at least the rear pedal and horn (bulb type ok) and mirror (any type). My friend imported a Gran Canyon Cagiva (TL 100 motor). He had to make it look real ugly and unsafe just to get it to pass as a kit bike!
I spent hours battling my insurance company, escalating up and up trying to reason with them. They would not cover me for theft/fire.
Now, they'll cover my dirtbikes, but will not cover a bike that is able to be registered as a highway capable motor vehicle but used for other purposes. Absolutely insane...
Wierd... SF insured my CR250 as a racebike?
My R6 has full coverage, I haven't told them it's a racebike... but I also only plan to utilize the coverage if the bike gets stolen. If I wad the thing, it's coming out of my own pocket. I like having nice low insurance rates, I don't want a claim screwing it up.