Photo courtesy of daveograve via Creative Commons
I don’t understand insurance brokers and motorcycle insurance! Last week, I called my insurance broker to put coverage on the 1997 Kawasaki 250 that I just finished rebuilding. They asked me several questions and said is it a Ninja 250? I responded, “Yes it is”. My broker said I will check and get back to you.
Today, my insurance broker called back and said that they refused to cover the bike because it was a “sport bike” and that it was “high risk”! I usually don’t get too upset, but I said, “Just a second, I have been driving bikes and insured for 30+ years and I have never had a claim”! I also stated very clearly that I did not understand how an insurance company would insure my 2002 V-Star 1100 Classic and refuse to carry a freakin’ 250cc motorcycle! I still don’t get it! They are going to lose my business after 25 years as a loyal customer!
Fortunately, there are several other insurance companies in town that will provide coverage; they are currently preparing quotes for me. That’s my rant of the day!
I am glad you found this out now because obviously claiming from them would be very difficult not matter what you are driving.
ReplyDeleteYou know, I've been with Johnson Insurance for a long time now for all of my assets. They are more expensive than most but when I need help, they are very good to deal with. I haven't had too many claims.. mostly cracked windshield, roadside assistance, etc. so they have made a profit on me BUT when the big one comes I suspect they will keep their end of the bargain.
ReplyDeleteThats just crazy- good luck on the insurance
ReplyDeleteWell, I have had some luck! State Farm is going to cover both bikes at a very reasonable rate, including coverage for my 16 year old son. To my old Insurance broker...Good Riddance!
ReplyDelete