If you’ve informed your broker of the modifications, then they will inform you if you are covered or not. If your modifications have manipulated the safety of your bike, increasing its horsepower, or potentially affecting how it drives, your modifications may not be covered. You may also need to purchase optional coverage known as accessories and upgrades insurance to get protection for parts that may need to be repaired or replaced following a claim.

Loss of use is essentially payment for a rental bike if your bike ends up in the shop for repair following an unexpected loss. The actual terms of loss of use coverage can vary from insurer to insurer, but typically a policy may provide coverage for a rental bike for a certain duration or until the bike has been repaired. In some situations, loss of use may have a dollar limit amount which, given the hike in rental costs nowadays, can be quickly capped out. Talk with a broker about loss of use and, if applicable, whether to increase its limits.

Generally, the bikes that are the costliest to insure are the fancier, higher-end models with more horsepower. Insurance rates for different motorbike models will also vary based upon theft rates and safety ratings. Typically, sport bikes will be the most expensive to insure since they feature higher top-line speeds. A Suzuki Hayabusa will probably be far more expensive to insure than a moped or a Harley Davidson V-Rod. If cost is a concern, you may want to err on the side of a more middle-of-the-road bike that has moderate horsepower and no luxury features or tech.