You've decided to go on an adventure with your motorcycle. The idea of hitting the open road sounds very attractive. Perhaps along the Gaspé peninsula or the U.S. West Coast. What about insurance?
Before you hit the road, call your agent or broker. You should check whether you have adequate coverage under your policy.
It may be advisable to increase your civil liability coverage under your policy. Coverage of $2 million could protect you better in case of an accident. Especially in the U.S., where lawsuits are no trifling matter!
You're a fan of motorcycles but don't own one. During your vacation, you decide to rent one and go on an adventure. Would your car insurance policy cover you?
Did you add "Damage to vehicles not owned by the insured" (Endorsement 27) coverage to your auto insurance policy. If you did, inform your agent or broker that you're planning to rent a motorcycle for a short period. He can then modify the endorsement to cover damage to a motorcycle.
If you rent or borrow a motorcycle in Canada or the U.S., this endorsement provides coverage should you damage the vehicle. The coverage offered is often the same as the coverage you have for your own motorcycle or car. Most of the time, it's more advantageous than the insurance offered by the rental company.
Think about it! Driving a motorcycle you're not familiar with does have some risks. In fact, a quarter of motorcyclists involved in a fatal collision were not the owners of the motorcycle.
Before you hit the road, get to know the motorcycle you've borrowed or rented. If you rent a motorcycle, make sure you have the appropriate and complete coverage.
Did you know that a motorcyclist is twice more likely to be a victim of an accident than is a car driver? Regardless of the severity of the injuries, motorcyclists are injured more often on the road. When you're riding a motorcycle, drive carefully and make sure you have the right equipment.
endorsement 27
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