If you’re the proud owner of a Ducati motorcycle or are planning to buy one, it’s important to get the right insurance for your bike, whether your model is a Diavel, Multistrada, Panigale, Supersport or a Streetfighter!
At Assurances Multi-Risques, we know full well that a Ducati is a big investment! That’s why we wanted to give you our best insurance advice so that, should misfortune strike, you can replace it or at least be adequately compensated. Continue reading to find out more!
Ducati: a renowned brand
The Ducati company was founded in Bologna, Italy in 1926 by the Ducati brothers. Today, nearly a hundred years later, it is one of the world’s most popular European motorcycle manufacturers. Their technological choices, such as the desmodromic valve, for example, greatly contributed to their popularity and international reputation.
So, whether you’re a beginner or expert motorcycle rider, you have good reason to be proud of driving this brand!
Motorcycle insurance in Quebec
“Quebec’s Automobile Insurance Act requires motorcycle owners to have civil liability insurance coverage of at least $50,000 to cover injury or damage to another person and vehicle in the event of an accident.” (www.caaquebec.com)
However, we recommend that you increase your coverage to $2 million because if you are responsible for an accident in the United States, for example, the other party involved could sue you for an amount that could result in your personal bankruptcy. That’s why it is important to increase the amount of your civil liability coverage!
The best insurance for you is from an insurance broker!
By doing business with an independent insurance broker who shops for motorcycle insurance on your behalf, taking your specific needs into consideration, you’ll be sure of getting the best coverage at the best price!
Why? Because we deal with insurers who specialize in different types of motorcycles and who have a good understanding of your reality, which greatly simplifies matters when it comes to taking out an insurance policy or making a claim!
Protect your investment: types of coverage that are often overlooked
When customers call us about their motorcycle insurance, we often notice that certain types of insurance coverage are missing in their policy. Here are a few examples:
- Accessory and equipment insurance
Did you know that the cost of accessories and equipment for your motorcycle, such as chrome additions, can significantly increase its value? Try to think about declaring added accessories and equipment to ensure that the total value of your motorcycle is accurate!
- Rental motorcycle insurance, commonly referred to as “loss of use” insurance (Q.E.F. 20a)
If you’re involved in an accident while riding your motorcycle in the United States, you’ll be deprived of the use of your vehicle. Endorsement Q.E.F. 20a provides compensation for the rental of a replacement vehicle while your Ducati is being repaired! This endorsement can also include additional expenses incurred to continue your trip or return home, as well as meals, lodging and the cost of having personal belongings shipped to you. It’s worth giving it some thought!
- “Waiver of depreciation” or “replacement value” insurance
If you financed your motorcycle purchase over a long period, this type of coverage helps protect your investment in the event of a total loss, despite its depreciation. Contact your broker or agent for more information about this coverage.
- Personal insurance
The cost of this coverage is minimal, but it may allow you to cover a loss in the event of a road accident. In fact, even though most of the loss will be compensated by the Société d’assurance automobile du Québec, coverage of expenses such as chiropractic rehabilitation will be limited. With this coverage, your insurer will pay the difference! In the event of death, your insurer would also pay a death benefit. To find out more, contact one of our motorcycle insurance experts!
- Roadside Assistance
Some insurers offer a roadside assistance program, an emergency service for your motorcycle if you run into trouble! This service is offered throughout Canada and the United States. When the need arises, call roadside assistance and a representative will quickly make arrangements to provide you with the assistance you need. This usually includes:
- Battery boost
- Delivery of fuel
- Towing in the event of a breakdown or flat
- Securing of your motorcycle
- An urgent message to a person of your choice
- The reimbursement of a night’s stay at a hotel
** For all endorsements, certain restrictions may apply. Contact us to find out more*
The nice weather is back and you are surely looking forward to taking your beautiful motorcycle out for a ride and exploring the roads of Quebec. For peace of mind and the ultimate riding freedom, always drive carefully. More importantly, call us so that we can review your motorcycle insurance coverage together to be sure it is optimal (and at the lowest price possible)!