How Aftermarket Parts Affect Motorcycle Insurance Rates

If you're a motorcycle owner who loves to customize your ride, you may be wondering how aftermarket parts can affect your insurance rates. The answer is, it depends. There are many factors that can influence your insurance premiums, including the type and value of the aftermarket parts you've installed, as well as your driving record and location. Let's take a closer look to learn more.

What Are Aftermarket Parts?

Aftermarket parts, also known as performance parts or custom parts, are components that have been designed to replace stock parts on a motorcycle with parts that are upgraded or modified in some way. Examples of aftermarket parts include exhaust systems, air filters, brake pads, and suspension components.

How Do Aftermarket Parts Affect Your Insurance Rates?

The effect that aftermarket parts will have on your insurance rates varies depending on a number of factors. Generally speaking, if the parts increase the value or performance of your motorcycle, your rates are likely to go up. This is because insurance companies view modified bikes as a higher risk than stock bikes. In addition, some aftermarket parts may not be legal in your state, and installing them could result in higher rates or even a denied claim if you get into an accident.

Ways to Ensure Coverage after Installing Aftermarket Parts

If you're planning to install aftermarket parts on your motorcycle, there are a few things you can do to ensure that you're covered by your insurance policy. First, make sure that you let your insurance company know about the modifications. This will help ensure that they know the true value of your bike and can provide adequate coverage. You may also want to consider adding extra coverage for your aftermarket parts, such as custom parts and equipment (CPE) coverage, which can help protect against theft, damage, and other losses.