In the competitive motorcycle insurance industry, insurance companies are developing more comprehensive insurance packages in order to attract new customers and provide an added value to their current customers.Many insurance companies have recently changed the policy coverage that offer to prospective consumers to include coverage for special equipment and even apparel coverage. Some of these insurance companies have actually automatically included coverage for special equipment for all policies that have physical damage protection.
Motorcycle owners continue to personalize and customize their motorcycles at a rate significantly higher than owner of automobiles. This added coverage can offer a better level of protection to the owners of these motorcycles so that in the event of a loss they will have adequate coverage to reimburse them for the actual monetary damages that are sustained in a loss.Consumers should refer to their motorcycle insurance policy or speak with their insurance agent to ensure that they have special equipment coverage. This can often be purchased with a minimal increase in premium and is available with most motorcycle insurance companies.
Additionally, it is recommended that consumers retain copies and photos of all special equipment that is on their motorcycle. This will help to ensure a smooth claim process so that there is no dispute of the equipment and value of the equipment that is on the motorcycle at the time of the loss.Keep in mind that at the time of a loss insurance policies will only pay up to the coverage that is stated on the policy.
With all the competing technologies or so called technologies its hard to determine which is best for your bike protection. Bike thieves now do not need to start your bike to steal it they have been picking them up and putting them in the backs of trucks rendering your motorcycle alarm system useless.The Lo-Jack motorcycle security system was introduced in 1984 and is based on Loran-C Technology. To function it requires that a police vehicle is equipped with a special radio receiver to track the signal emitted by the Lo-Jack product. Lo-Jack works by emitting and FM based homing signal. A homing receiver indicates the direction only of the homing signal; it cannot determine the precise location. for example the receiver cannot tell if the homing device is 10 feet or a mile away. Lo-Jack is also limited to a few counties in roughly 26 markets nationally. Lo-Jack is also limited to whichever municipality within those markets that have their devices operational on the police vehicles.
Cycle Protect is probably a much stronger motorcycle alarm system. It is a wireless data, GPS device. Physically the Cycle Protect is slightly larger than the Phantom Tracker and requires external antennas which can clearly be seen on the motorcycle. The location of the antennas makes them vulnerable to tampering and disabling by a would be thief.During an alarm event the Cycle Protect device text message pre-designated phone number. Next the owner must get to a computer with an internet connection, access the Cycle Protect website, enter passwords and then will be shown the location of the motorcycle. The owner then call the local police and ask them for assistance in finding the motorcycle. There is no call center to alert the owner and police of a theft even nor is crash detection available for this product.Scorpio Motorcycle Alarm
The Scorpio products offering is a two-way FM motorcycle security system utilizing a miniature handheld receiver. It functions by the owner arming the motorcycle and then if the motorcycle is moved the Scorpio alarm on the motorcycle sends a radio signal to the transceiver which vibrates emitting a beeping noise. Although Scorpio claims ranges up to one mile this is based on a clear line of sight. Trees, buildings, automobiles, elevation changes and other obstacles diminish functional range of the device.There is no recovery feature with this offering; once the motorcycle is stolen the effective use of the device is finished.
Traditional Wheel Locks, Fork Locks, and Chain Locks
These products have been around as long as motorcycles have been around. They do offer some protection by immobilizing the motorcycle but they have limits to their effectiveness. Wheel locks which commonly attach to the front rotor of the motorcycle have received a lot of attention lately, however since a large number of motorcycles are stolen by picking them up and putting them into a truck, wheel locks are ineffective in these cases. The same goes for fork locks which lock the front forks of the motorcycle into a turned position, picking up the motorcycle would render this ineffective as well.Chain locks work well in these situations if the motorcycle is chained to a stationary object however stationary objects are not always available in all locations.