ScubaCinci Posted April 26, 2013 Report Share Posted April 26, 2013 Interesting...http://www.motorcyclenews.com/MCN/News/newsresults/General-news/2013/April/Warning-of-Motorcycle-Insurance-Creeping-Clauses/This is a warning to all motorcycle riders to check their insurance terms carefully.I have been riding and insuring motorcycles for some 35 years now and have always been able to declare the bike as garaged. In the beginning this meant a simple decrease in premium, they trusted you to be sensible and put it in the garage most of the time.A few years ago a clause was introduced that this declaration meant that the bike MUST be IN the garage between the hours of 10pm to 6am if at the premises or it was not insured.Last year the clause changed to increase the excess if the bike was stolen or damaged within 500m of the premises at any time.This year the bike is NOT covered AT ALL if it is not in the LOCKED garage and within 500m of the premises at any time.This means if you UNLOCK your garage door for any reason and your bike is stolen you are not insured. If you leave your bike out to dry after washing it and your bike is stolen you are not insured.If you leave you bike outside after getting home and go into the house to open the garage to put it in and your bike is stolen you are not insured.There is no way round this clause so keep an eye open for anyone watching when you come home and don’t leave your bike out of the unlocked garage for any reason.You can’t even not declare that the bike is kept in a garage because if you declare it as being kept on the drive and keep it in a garage you have made a false declaration and therefore your whole insurance is invalid!I don’t know what the stats are for bikes being stolen outside home garages but suppose this is just another way of insurance companies making sure they don’t have to pay out….. Quote Link to comment Share on other sites More sharing options...
Casper Posted April 26, 2013 Report Share Posted April 26, 2013 What a crap article. What insurance company? What state? Proof? Quote Link to comment Share on other sites More sharing options...
12oclocker Posted April 26, 2013 Report Share Posted April 26, 2013 I've read my state farm stuff, and it never said any of that, I wonder what insurance company form they saw that text in? Quote Link to comment Share on other sites More sharing options...
Gunner75 Posted April 26, 2013 Report Share Posted April 26, 2013 Allstate is my insurance company and my policy doesnt say that. I park mine on my back patio at my apartment unchained with a disk lock and they said that is fine. Quote Link to comment Share on other sites More sharing options...
Gump Posted April 26, 2013 Report Share Posted April 26, 2013 Never heard that either. Heard theyre changing the sinkhole definitions or something due to fracking and a bunch of foundation claims and flood zones. Quote Link to comment Share on other sites More sharing options...
ScubaCinci Posted April 26, 2013 Author Report Share Posted April 26, 2013 I know the article is very vague but I thought it would be at least a prompt for peeps to check their policies to see if this is written in. Knowledge is power. Quote Link to comment Share on other sites More sharing options...
Dale Ty Posted April 28, 2013 Report Share Posted April 28, 2013 Keep away from AMERICAN MODERN inc out of Cinin, Ohio.. I speak first hand! Totaled my bike with a deer,,, theywould not pay 100% on accessories, even thou the written police I had says it will... I hired an attorney who specializes in theses issues,a year latter I still only got 30% !! and of the Blue-Book-value all they paid was 90%,,, stating that the other 10% was profit & they do not reimburse profit.. Needless to say I have a new insurance co now... Quote Link to comment Share on other sites More sharing options...
serpentracer Posted April 28, 2013 Report Share Posted April 28, 2013 insurance is one place you don't want to skimp even though we all want to so badly. it always bites you in the ass when you get the shit stuff.amercian modern, I wouldn't even give them a call. too obscure for me to bother. you got what you paid for. Quote Link to comment Share on other sites More sharing options...
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