Motorcycle Insurance: Custom Motorcycle Insurance Available For a Person Who is Willing to Pay the Price

Motorcycles are generally bought from automobile shops and reputed brands are on display. All that one has to do is to go to one of these larger or famous shops and make a choice. Generally the buyer is already having a specific brand in mind while going in for an investment but there are a few others who would like to base their decision on the models that they see before they decide on which one to put their investment in. Ever heard of a custom built motorcycle? Not many might have heard of custom built motorcycles, which are entirely built in the garage of the owner with a number of modifications and attachments. Honestly these people dare to do something that is exclusively out of the ordinary. And whoever ever heard of an insurance company providing custom motorcycle insurance to these motorcycle lovers?

Custom motorcycle insurance generally demands a high premium. The company provides coverage to the owner of the motorcycle at a premium price. It would be extremely difficult to understand for the insurance company if copper or brass was used in the assembly of the product. The companies use the term 'tricked out' in the insuring of these custom motorcycles because what may actually look more than flashy and gorgeous would be nothing but plain and elaborate tin work. Insurance companies have a way out of this problem as well - they insure the driver and the pillion rider for just the damages and accidents but not for the vehicles.

Replacement costs of these motorcycles are also incredibly high. Many insurance companies are not willing to provide for these costs particularly when the custom built vehicle is either damaged or lost. Insurance companies do not have an invoice based on which they can calculate the insurable value since these vehicles are built and refurbished exclusively by the owners with the help of avid experts and technicians. State regulations require such motorcycles to be put on a safety test either annually or half yearly basis so that vehicle is certified to be on the road. Insurance companies will require that the vehicle be appraised by a certified assessor or valuer before suggesting a policy for custom motorcycle insurance.

In a nutshell, it is difficult to find an insurance company willingly coming down half way to hand over a custom motorcycle insurance policy for you. The costs of just determining the value of these custom built motorcycles actually is a cause for concern for them. You will have to ask your insurance company for a specialized quote to clear the first legal hurdle before putting your vehicle on the road.