The 3 Best Vintage Motorcycle Insurance Providers
Finding the best vintage motorcycle insurance can be difficult. This is primarily because not all insurance providers are willing to cover vintage bikes and it can be difficult to determine your bike’s actual value. When looking for the best vintage motorcycle coverage, you must first make sure that the company you choose covers these types of bikes and that their policies provide adequate coverage. Insuring a vintage motorcycle can get pretty expensive, so any available discounts to help bring those costs down will be a big plus. Also, some motorcycle insurance providers offer guarantees that in the event of an accident, your bike will be repaired with genuine parts, and a factor that will be especially valuable when dealing with vintage bikes. The three companies listed below represent some of the best classic motorcycle insurance out there.
Allstate provides some of the best vintage motorcycle coverage in the industry. Allstate coverage comes with a nice selection of discounts and a claims center that’s available 24/7 so you can always get help when you need it. Allstate classic motorcycle insurance also includes a Genuine Parts Guarantee, which means that in the event of an accident, your vintage bike will be repaired with authentic parts, something which is especially important to classic motorcycles. The available discounts can help you save up to 40% off your Allstate motorcycle insurance policy, and considering that these types of bikes can cost quite a bit to insure, that could add up to some big savings. Allstate also has some other nice perks that could be very useful in the event of an accident, including rental car and towing and labor reimbursement. Things like these could help make life a little bit easier while you’re waiting for your motorcycle to get repaired.
Nationwide Insurance is another company to consider if you are interested in insuring your classic motorcycle because they offer up to $30,000 of coverage for kit and vintage bikes and some impressive discounts. Take 35% off for insuring multiple vehicles with Nationwide and another 20% off for having a theft-recovery device installed on your motorcycle. Additional discounts are available if you take a motorcycle safety course or pay in full. One really nice coverage option that Nationwide offers is their OEM endorsement, which ensures that in the event of an accident, your classic bike will be repaired with original equipment manufacturer parts instead of after-market parts. For a vintage motorcycle owner, this could be extremely valuable.
Progressive is yet another one of the best classic motorcycle insurance providers. If you choose to get your insurance through them, you can set an agreed upon value for your vintage bike, which is what you will be paid in the event of an accident. Progressive operates a 24/7 claims center, so you can file a claim in whatever way is most convenient for you, and you can be sure that Progressive will do everything they can to get your motorcycle back on the road as soon as possible. Progressive’s discounts aren’t as strong as Allstate’s or Nationwide’s, but they still offer you quite a few nice ways to save, including homeowners and claim-free discounts.