When you park your motorcycle, you expect it to remain safely where you left it until you’re ready to ride again. Unfortunately, bike theft can happen, and it’s a situation no rider wants to face.
Having your motorcycle stolen is stressful, but knowing what your insurance policy through Presley Insurance Group, serving Dallas, TX, covers can help ease the burden. Theft protection isn’t automatically included in every policy, so it’s important to review your coverage before you ever need it.
Comprehensive coverage is a type of motorcycle insurance policy that typically includes theft protection. If your bike is stolen, this coverage can reimburse you up to the policy limit, minus your deductible. The payout is usually based on the actual cash value of the motorcycle at the time of theft, not the original purchase price. Riders with custom parts or accessories should confirm whether those items are included or if separate coverage is required.
Beyond the Bike Itself
Theft claims can cover more than just a total loss. If your motorcycle is recovered but damaged — such as broken locks, missing parts, or cosmetic damage — repairs may be covered under the same claim. Some policies even extend coverage to approved riding gear, though limits and requirements can vary.
What’s Not Included
There are limits to what theft coverage will handle. Personal belongings that aren’t permanently attached to the motorcycle, such as backpacks, helmets, or phones, are typically excluded. Additionally, if you only carry liability coverage, theft protection will not be part of your policy.
Steps to Take After a Theft
If your motorcycle is stolen, the first step is to contact law enforcement and file a report. Then, notify your insurance agent at Presley Insurance Group, serving Dallas, TX, to begin the claims process. Having your VIN, policy details, and a list of customizations ready can help expedite the process.
Reviewing your policy now ensures you know exactly what’s covered and that you have the protection you need if the unexpected happens.
