When Customizing Motorcycles, Riders Need To Consider Insurance
June 29 2009 - 5:36PM
PR Newswire (US)
WAUKESHA, Wis., June 29 /PRNewswire/ -- A recent article in the
Milwaukee Journal Sentinel illustrated another effect of the
struggling economy - motorcycle riders transitioning from
purchasing new motorcycles to upgrading their current bikes. While
this can prove to be a frugal way to keep their ride "feeling" new,
it is important that these motorcycle owners alert their insurance
company to the upgrades and additions. "We see far too many people
who don't properly insure the accessories on their motorcycle,"
said Lisa Kozik, Claims Manager at Markel American Insurance
Company. "They often don't understand that an accessory is anything
that is added to the motorcycle after it leaves the factory, and
they fall under a different type of coverage." Most motorcycle
insurers offer accessory coverage as an additional coverage to the
base policy. While many motorcycle insurance policies include a
small amount of accessory coverage, the company will frequently
offer the option to purchase additional accessory coverage to
protect the extra accessories many riders add to their motorcycles.
Kozik recommends that any time a motorcyclist adds something to
their bike, or their riding gear, they contact their insurance
company to update their policy. "Accessory coverage is usually
quite affordable and can save riders a lot of hassle in the event
of a claim." Markel American Insurance Company, based in Waukesha,
WI has specialized in motorcycle insurance for over 35 years. A
subsidiary of Richmond, VA based Markel Corporation; they also
insure boats, personal watercraft, ATVs and snowmobiles. More
information can be found at http://www.markelinsuresfun.com/.
Markel Corporation markets and underwrites specialty insurance
products and programs to a variety of niche markets. In each of
these markets, the Company seeks to provide quality products and
excellent customer service so that it can be a market leader. The
financial goals of the Company are to earn consistent underwriting
profits and superior investment returns to build shareholder value.
For more information on the Markel Group of companies, please visit
http://www.markelcorp.com/. DATASOURCE: Markel Corporation CONTACT:
Kevin Behringer, +1-262-548-9880, , or Karen Abruzzi,
+1-262-548-9880, , both of Markel Corporation Web Site:
http://www.markelcorp.com/
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