Massachusetts Certified Appraisers and insurance info

While Massachusetts was able to make some strides with motorcycle insurance this year, the interpretation and institution of the changes
by the industry is not what we expected.
So... in light of this.... a heads up!! Be informed and read on.....................
For Stated Value... GET AN APPRAISAL!!!

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ATTENTION MASS. MOTORCYCLISTS

Effective January 1, 2003 there were some changes in the Massachusetts auto insurance that pertains to motorcycles.  Policies may now be written with a stated amount, however, the industry has taken a stance with regard to this change as follows:

In the absence of a written certified appraisal; they will take the actual cash value of the bike, which could most likely be considerably less than what the "real" value of the motorcycle is.

We can no longer arbitrarily pick a figure out of the air and insure the bike for that amount without documentation.  For that reason, I strongly suggest that you obtain a "CERTIFIED APPRAISAL" for your motorcycle and provide your agent with copies of receipts for any additions and upgrades made to the bike too.

The cost of an appraisal starts at about $200.00.............

Remember; if you've done a ton of custom work to your bike, and the company does not have a certified appraisal documenting the value of your bike in hand, you could possibly lose out in the event of a loss; so kindly get one to your agent along with pictures and receipts.

Insurance companies are in the habit of paying the lesser of amounts in the event of a claim; so make sure you insure your bike properly.

If you have any questions, please call me in the office, thank you.
Ride Safe Be Safe… Keep your motorcycle safe!!
Below are names of appraisers in the area:

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Classic Car Services Inc. of Cape Cod

Each of these appraisers are real familiar with custom values and know the value of parts and customizing.                                                          

Tell each of them that I sent you, and they'll take great care of you!

 

Special Appraisers for:

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