Getting your motorcycle out of the weather and keeping it safe from theft are always priorities. Without a garage, many owners choose to bring their bikes inside and store them in the entryway, dining room, or living room. While this may seem like a simple solution, many riders wonder whether their bike is covered by insurance if it is damaged inside the house. Would your home insurance provide coverage, or does your motorcycle policy apply?
Homeowners Insurance
You may assume that a bike stored inside your house would be covered by your homeowners’ insurance. However, that is not usually the case. Most homeowner’s policies in Round Rock, TX, exclude vehicles, including motorcycles, even when they are parked in a garage or brought indoors. For damage to your motorcycle, you would need to rely on your motorcycle insurance policy.
Coverage Level
The type of motorcycle coverage you carry and the cause of the damage determine whether your insurer will help pay for repairs. Liability coverage only applies to damage you cause to someone else or injuries you cause to another person. Comprehensive coverage may provide protection against theft, vandalism, fire, or certain natural disasters. Speaking with an agent at DGIA LLC can help you understand exactly what your policy covers.
Damage to the Home
In some cases, both your homeowners policy and your motorcycle policy may be involved. For example, if a mechanical failure causes your motorcycle’s battery to explode and a fire damages the home, your homeowners’ insurance would typically cover the damage to the house. Your motorcycle policy would then respond to the damage to the bike.
Understanding which policy applies in different situations can be confusing. The agents at DGIA LLC can help you review your coverage and make sure your motorcycle and home are properly protected. Contact us today. We proudly serve the Round Rock, TX, area.
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