Does My Motorcycle Need To Be Insured When It’s In Storage?

When the temperatures in Mesa, AZ begin to drop, most motorcycle riders start the season by topping off their bike’s tank, adding fuel stabilizer, and doing other steps that ready their bike for winter storage. That’s when some bike enthusiasts wonder if they can save a few dollars by temporarily canceling their motorcycle insurance. Should you cancel insurance on your motorcycle when it’s been retired to the garage? It may be tempting, but here’s why you’ll find it’s probably not the soundest practice. 

Why You Should Keep Yourself Protected While Your Motorcycle Is In Storage 

Is your bike definitely going to be in storage for the season? Even if Mesa experiences unseasonably warm winter weather, if you have canceled your INW Insurance Group policy, you’ll have to fight the urge to take your wheels out for a ride, or else you won’t be covered for any accident or another unfortunate event. 

Even when your bike is safe and sound in storage, you need to remember your bike still faces risks such as theft, vandalism, fire, and weather damage, If you cancel your insurance coverage, and something happens to your bike, you’ll have to pay any damages repair costs yourself. 

What You May Be Able To Do To Save 

One option you may consider is to raise your deductible while your bike is in storage, which usually results in a lower premium. Remember that you’ll need to have cash on hand to pay the higher deductible if something did happen to your motorcycle. Your driving record, how many miles you typically ride, and the location where you store your motorcycle are other possible factors that may impact your premium. 

So, give your INW Insurance Group agent a call today, or stop by our Mesa, AZ office to get answers to all your motorcycle insurance coverage questions. You may find that there are other opportunities to help reduce the cost of your motorcycle policy – that will not only help you out while your bike is in storage but year-round.