Is Cancelling Motorcycle Insurance During Winter a Viable Option?

The riding conditions during the cold winter months can be extremely unsafe for motorcycle owners. With the cold winter months approaching, many bike owners wonder if they can cancel their motorcycle insurance during the winter. This is an important question that needs to be addressed. In this blog, we will discuss the factors that can cause damage to your motorcycle during the winter months, what layup insurance is and if it is a viable option for you, and when it is best to take a call on whether to cancel or keep your motorcycle insurance policy in place.

Factors That Can Cause Motorcycle Damage Other Than Accidents During Winter

One of the primary reasons for considering cancelling motorcycle insurance during the winter is the fact that motorcycle owners, in most cases, keep their vehicles in storage and avoid using them as accidents are much more likely to occur during this time of year. The reduced visibility and icy roads can make it difficult for riders to control their motorcycles. This increases the chances of an accident occurring significantly.

However, even if you don’t get into an accident, there are still other factors that can cause damage to your motorcycle during the winter months, even in storage.

  • Theft
  • Fire
  • Extensive snow damage that besides damaging the vehicle can cause the battery to freeze, or the engine to seize, leading to costly repairs.
  • Chemicals can corrode your motorcycle’s components, leading to rust and other damage.

Consider Layup Insurance Instead

One option that many people consider when trying to save money on their motorcycle insurance during the winter months is getting a layup insurance policy. This type of policy is essentially a reduced coverage option that is only in effect for a certain period of time thus helping you to save money on your premiums.

For example, if you know that you won’t be using your motorcycle during the winter months, you can get a layup policy that covers you for those months. This will save you money on your premiums, as you won’t be paying for coverage that you won’t be using, most notable among those being liability and collision coverage.

It’s important to note, though, that layup policies cover the non-collision type of damages or accidents. Make sure to read the fine print on your policy to see what it covers and doesn’t cover. You don’t want to end up having to pay for repairs or medical bills out of pocket if you have an accident.

Take Your Own Call

At the end of the day, the decision of whether or not to cancel your motorcycle insurance during the winter is up to you. Cancelling your policy mid-term may cost you extra fees or penalties. Also, if you continue doing so for successive years, your insurance provider may deny you motorcycle insurance coverage altogether. Weigh the risks and benefits of both options and decide what makes the most sense for your situation.

Give Your Motorcycle All-Year-Round Protection with Scavone Insurance

At Scavone Insurance Agency Center LLC, we understand that every rider is different and that each situation requires its own individual assessment.Contact us to discuss your motorcycle insurance needs and to receive a free quote. We are always happy to help and provide our customers with the best coverage and rates available.