Motorcycle riders in Sandy, UT are required by law to carry motorcycle insurance, and the law mandates that riders must purchase a policy that provides financial protection in the event of bodily injury and property damage, according to the state’s minimum limits. Riders can also purchase additional insurances, and one of these is accessory coverage protection.
Accessory Coverage Basics
Another name for accessory protection is custom parts and equipment coverage or CPE, and this is a good choice for people who have customized their motorcycles. This is because an owner can put a significant amount of money into their bikes above and beyond what the original purchase price was. When this happens, a standard comprehensive insurance policy will not be able to provide sufficient indemnification to cover the true replacement cost of the bike.
Accessories covered under an accessory coverage policy will vary from insurance company to insurance company, and you will need to check with your agent to discuss the specific items that will be covered. Examples of accessories that may be included are: kits to convert your motorcycle into a trike, sidecars, motorcycle trailers, plows for clearing snow, and mower blades for cutting grass.
Some policies can cover apparel, such as helmets, leather chaps, jackets, and gloves, and others may include custom exhaust systems, paint jobs, and chrome plating. Personalized spoilers, stereos, winches, handle bars, and suspensions can also sometimes be included. Experts suggest documenting all alterations by keeping receipts and by taking pictures.
Smart Way Insurance Agency Can Answer Your Questions
Smart Way Insurance Agency is a fine purveyor of insurance that can provide you with the motorcycle insurance package to meet your needs. Our agents have experience in serving the residents of Sandy, UT, and we look forward to doing business with you. Contact us to schedule an appointment today!