Does motorcycle insurance cover theft in Georgia?

Yes, motorcycle insurance can cover theft in Georgia, but only if you carry comprehensive coverage. The basic liability insurance the state requires does not. Comprehensive is the part of your policy that pays when your bike is stolen or damaged by something other than a crash.

Comprehensive coverage protects your motorcycle against:

• Theft of the entire bike.
• Vandalism and attempted theft damage.
• Fire, storms, and falling objects.
• Hitting an animal.

If your motorcycle is stolen and not recovered, comprehensive coverage pays its actual cash value, which is the market value at the time of the theft, minus your deductible. Keep in mind that bikes depreciate, so a payout reflects current value, not what you originally paid.

For example, say a thief takes your three-year-old motorcycle from outside your Atlanta apartment. You paid $Theft of personal items in saddlebags is usually not covered by the motorcycle policy itself. Those items may fall under a homeowners or renters policy instead. A free coverage review checks the comprehensive limits on a bike and where its gear is covered.4,000 for it new, but its actual cash value is now $9,500. With a $500 deductible, your comprehensive coverage would pay you $9,000 to replace the stolen bike.

Theft of personal items in saddlebags is usually not covered by the motorcycle policy itself. Those items may fall under a homeowners or renters policy instead. A free coverage review checks the comprehensive limits on a bike and where its gear is covered.