We at Veritas Insurance Group specialize in insuring your motorcycle and other recreational vehicles. We cover any motorcycle that you ride, from cruisers and touring bikes, to sport bikes and enduros, as well as mopeds and scooters. Our nationwide service allows us to meet your needs within your budget. And you can save even more when you cover multiple vehicles with Veritas Insurance Group!
You’ve spent a lot of time and money perfecting your motorcycle. When you choose Veritas Insurance Group, we will work with you to personalize your policy - we want to insure your motorcycle with the best coverage at a price to meet your budgetary needs. Your new motorcycle policy may include any of the following options:
You have choices when it comes to protecting your motorcycle in the event of a total loss:
Total Loss Coverage (TLC): provides the highest level of protection. This coverage is available for motorcycles that are not more than one year old. Your motorcycle will be replaced, up to the first two model years, with a new motorcycle of the same (or most similar available) make and model. After two model years, your policy will cover your full purchase price, minus your deductible.
Actual Cash Value (ACV): this type of coverage will pay the actual depreciated value of the motorcycle at the time of total loss, minus your deductible. ACV is the least expensive type of coverage. If your motorcycle is financed, ACV coverage coordinates well if you’ve purchased GAP protection from your dealer or finance company. GAP protection ensures that your loan balance is paid in the event it exceeds the value of the motorcycle at the time of loss.
Agreed Value: motorcycles are typically insured under a TLC or ACV policy. Occasionally insurance carriers will require Agreed Value coverage due to the age, value or make of the motorcycle. If you experience a total loss at any time, this policy will cover the Agreed Value of the unit minus the policy deductible.
Veritas Insurance Group can cover you no matter where you ride. Our agents can insure you nationwide, and you can be sure that you will have a dedicated agent who will work to personalize a policy for you. Contact us today!