Having recently purchased a BMW 1992 K100RS/EZ's rig I am wondering how others have went about insuring their rigs. I realize that all states have different
requirements but in general is an appraisal necessary/recommended? My title of course just shows plain ol BMW mc.
Any info , thoughts, tales of woe will be appreciated.
Oh yeah; I live in NC - where the insurance gangsters are extra greedy.
In NJ a sidecar is considered an accessory and comes under coverage for that. The insurance gangsters are greedy everyplace.
Many companies include up to $3K accessory coverage with the policy. I personally opt for the extra coverage to cover the hack if offered. Some also offer replacement cost insurance but that is pretty dearly priced.
Lonnie
here in Ontario Canada,..I just listed my car as an expensive accessory to the bike,..my agent was shocked when she asked the value of install service,..hehe ..I told her to just cver the cost of a car, and I'll gladly bolt it on in my shop,.., cost was about $35.00 more a year,....good luck, crawf.
i paid the extra money to add value to to my accessories.plus i paid extra for up grading just about everything on my policy.i think my policy was $575 a year.but its a drop in a bucket for all the other insurance we pay.
I ride a K1200LT with a Hannigan 2+2 sidecar. To cover the sidecar I just upped the value for the accessories. I was lucky enough to discover motorcycle insurance through an AARP affiliate (Foremost). Premium went from $850 per year(Oppressive. Thanks Flo) down to $289 for the same coverage. It's good to have a perfect driving record and to be old!
Loren
