Be sure to check out my previous post....
Newbie C14 God,
Check out my previous post about the large insurers and the difference between them and the specialty guys. If your agent told you that and you want to test it out, get it in writing first. Its important because the agents don't settle the claims (in most cases). I think you'll find that when it comes claim time you might be up the river without a paddle.
Most insurance policies are based on policy language developed by one of two companies, most often a place called the Insurance Services Office (aka "ISO"). The whole reason this place exists is to develop language for insurance policies which is lawyer proof; or fix the language when the lawyers beat it. I highly doubt State Farm strayed too far from their language, they don't have enough lawyers.. believe it or not... to do this on their own year-in and year-out.
Let me grab a cold one and do a little digging............
After a little research, it turns out I'm right. Here's a chance to show your agent he/she needs to bone up on motorcycle coverage! State Farm should've shipped you a document called form "6279AZ.3 MOTORCYCLE COVERAGE" with your ID card. This form amends their auto policy to cover motorcycles. Under section 3 and section 4 LIABILITY AND PHYSICAL DAMAGE, respectively, both have sections entitled WHEN COVERAGE DOES NOT APPLY it states
"THERE IS NO COVERAGE WHILE ANY CAR INSURED UNDER THIS SECTION IS OPERATED IN, ENGAGED IN PRACTICE, OR WHILE PREPARING FOR ANY HILL-CLIMBING, JUMPING, RACING, OR SPEED CONTEST, WHETHER THE CONTEST IS IMPROMPTU OR PREARRANGED
This kind of cuts out track days, full race or otherwise.
I don't mean to rain on any parades, but this is what I meant by you have to accept some risks in going with big companies instead of specialty companies. These agents target home/auto/life coverage because that's what pays their bills. They write our bikes because they'll lose us if they don't. If you don't believe me just try walking into their offices to get a quote on just your bike and see how the premium turns out... if they'll take it at all. Your agent likely isn't lying to you, they just don't know any better.
Ride Well
__________________
"Most motorcycle problems are caused by the nut that connects the saddle to the handlebars" 
1976 Honda CB750F Supersport
1984 Honda VF700C Magna (SOLD!)
2008 Kawasaki Concours 14 ABS
Last edited by schmidbc : 07-06-2008 at 08:33 PM.
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