Join Date: Sep 2011
Location: AURORA, CO, USA
Insurance Warning!!! Please take notice!
I just wanted to make everyone aware of a situation I recently encountered while being insured with Markel Insurance. I was out on a test ride on a new Triumph Bonneville. BTW, I currently ride a 2012 GTL. Anyway, I was involved in an accident which totaled the Bonneville. Markel DOES NOT COVER YOU ON ANY OTHER BIKE THEN THE ONE ON YOUR POLICY! I was amazed at this and always thought I'd be covered no matter what bike I was on. Well not so. So I did a survey and found out that the only two companies that will cover you on other bikes you ride other then your own is Progressive and Allstate. They both cover you on test rides, borrowed bikes and bike rentals. Geico, GMAC, State Farm, Formost and most other insurance companies I checked do not cover you on any other bike but your own which is specifically stated on your policy endorsement. Of course I live in Colorado and other states may be different. I would suggest everyone check with their insurance company no matter who you have or where you live and find out for sure if they cover you on test rides and other bikes. Do yourself a favor before you have an unfortunate incidence and have a huge out of pocket payment as I did. Also, don't just take the word of a salesman for the insurance company, chances are they really don't know. Do yourself a big favor and take the time to speak to a supervisor or underwriter and get a definitive answer. Some of the companies I checked with, this is what I needed to do to get the real answer. Good luck to all and let me know how you all make out.