As a motorcycle enthusiast, you crave the warm weather that allows you to ride with peace of mind. When you can’t take advantage of your favorite vehicle, that motorcycle insurance policy can seem like more of a nuisance than an asset. Do you really need to continue paying a premium year-round? Use the following guide to learn why it’s best to hold onto your policy.

Do You Need Motorcycle Insurance Year-Round?

Even if you’re only planning to ride your motorcycle from spring until fall, you’ll still benefit from year-round insurance coverage. That’s because, when your bike is tucked away in storage, it will still be vulnerable to several threats, including fire and storm damage, vandalism, and theft. Without your policy, you wouldn’t be compensated for any of these damages. 

On the other hand, you might be tempted to take your motorcycle out for a spin on one of those unusually warm days between late fall and early spring. Without your policy, you would have to pay for collision and personal injury damages out of pocket.

What Can You Do to Save During Winter?

If you’re considering a policy cancellation to save money, there are better avenues of cost-efficiency. For one, you might not actually save anything with a seasonal interruption of coverage, as many insurers only offer 12-month policies.

What you can do is ask your insurer to switch to comprehensive coverage during the winter months. This will ensure that your bike is protected from theft, vandalism, and environmental hazards while in storage. However, this “lay-up” policy won’t protect against collision or liability, so you’ll need to avoid taking your bike out on the road for a few months.

If you’re interested in customizing your motorcycle insurance policy to meet your needs, turn to Bruce Richardson - State Farm® Agent in Mooresville, IN. With nearly 25 years of industry experience, you can trust Bruce to find the plan that fits your budget and your lifestyle. In addition to motorcycle insurance, he can also help you find car, home, life, and other essential policies. To learn more about this trusted agent or State Farm, visit the website. You can also call (317) 831-3500 to schedule a meeting.