Will Renters Insurance Cover A Stolen Motorcycle?
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaA stolen motorcycle is not covered under a renter’s or tenant’s policy. All coverage for a motorcycle is contained in a motorcycle policy. A renter’s or Tenant’s policy covers the personal property which specifically excludes motor vehicles. The only exception would be a motorized vehicle that is used to maintain the property and is not licensed for road use.Answered on March 10, 2014flag this answer- 37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaYour homeowner’s policy covers your personal property. In the policy definitions you will likely find that that does not include motorized vehicles of any type. There might be an exception for a vehicle used to maintain the premises (i.e. riding lawn mower.) Your motorcycle might be covered by a motorcycle policy. Coverage for loss by theft is frequently an option on motorcycle policies.Answered on June 6, 2014flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
