Owning a custom motorcycle in Canada is a badge of passion and individuality. Whether you’ve spent countless hours in your garage, collaborated with a specialist builder, or restored a classic with your personal touch, your custom bike is more than just a ride—it’s a reflection of you. But here’s a question every custom motorcycle owner in Canada should ask: Do you have the right custom motorcycle insurance to protect your one-of-a-kind investment?
In this comprehensive guide, we’ll explore why standard motorcycle insurance often falls short for custom bikes, what makes custom motorcycle insurance different, and how AIM Insurance can help you ride with total peace of mind.
Why Standard Motorcycle Insurance in Canada Isn’t Enough for Custom Bikes
Most motorcycle insurance policies in Canada are built for stock bikes—straight from the factory, no major modifications. But custom motorcycles are anything but standard. Here’s where many riders get caught off guard:
1. Aftermarket Parts & Modifications
Standard policies may only cover original equipment manufacturer (OEM) parts, leaving your customized frame, unique detailing or one of a kind paint job unprotected.
2. True Value Gaps
Custom bikes often have a value far above the “book value” of a similar stock model. Without a proper appraisal and agreed value, you could be left seriously out of pocket after a loss. Imagine losing a bike you’ve invested both time, money and passion into, only to get a payout based on the stock price.
3. Special Usage
Many custom motorcycles are used for shows, charity rides, or limited seasonal use—not daily commuting. Standard policies might not cover these scenarios, leaving you at risk if something happens at an event or while your bike is in transit.
4. Risk
You need coverage that follows your bike wherever it goes. Theft, fire, or damage can happen anywhere—not just when you’re on the road.
Real-World Scenario: When Standard Insurance Falls Short
Let’s say you’ve finished a two-year project building your dream bike. You’ve added a custom frame, hand-stitched leather seat, performance exhaust, and a unique paint job. The total value - Over $18,000. You’re proud to show it off.
But then, the unthinkable happens, the custom paint was damaged and scratched while you had it parked during your Sunday ride. You file a claim, only to discover that you have a standard policy, and the policy is based on the bike as it was two years ago. The policy will only reimburse you for the value of a stock bike, with no coverage for your custom parts. Suddenly, you’re out thousands of dollars and months of hard work.
This is where custom motorcycle insurance makes all the difference.
What Makes Custom Motorcycle Insurance Different?
Custom motorcycle insurance is designed with your unique ride in mind. Here’s what sets it apart:
Agreed Value Coverage
Instead of “actual cash value,” you and the insurer agree on your bike’s true worth based on a professional appraisal. If your bike is stolen or written off, you get the full agreed value—no surprises.
Coverage for Custom Parts & Accessories
Protection for aftermarket upgrades, performance modifications, custom paint, wheels, electronics, and more. Your investment is fully covered, not just the factory parts.
At AIM, we connect you with certified appraisers across Canada to ensure your bike’s value is fully documented and protected. Appraisals are the peace of mind you need for your investment.
Do You Really Need Specialized Insurance? (A Quick Self-Check)
Ask yourself:
Does your bike have custom parts or upgrades?
Have you modified your motorcycle from stock - changed the frame, customized paint, just to name a few
Is your bike’s COMPLETED value higher than the retail dealer model?
Would you be upset if your insurance only paid for a stock replacement?
If you answered “yes” to any of these, it’s time to review your coverage!
How to Get the Right Insurance for Your Custom Motorcycle
Getting covered with AIM Insurance is simple and fast. Here’s how you can ensure your custom bike is protected:
1. Gather Your Bike’s Details
List all customizations, modifications, and upgrades. Take clear photos from all angles and keep receipts for parts and labour. This documentation is crucial for appraisals and claims.
2. Get a Professional Appraisal
An accurate appraisal means you get the payout your bike deserves if the worst happens. Visit our website to connect with local, certified appraisers.
3. Discuss Your Usage
Tell us how and where you ride, if you attend shows, and how you store your bike. The more we know, the better.
4. Review Customized Coverage Options
We’ll present tailored solutions, including agreed value, storage, and event coverage. You choose what fits your needs and budget.
5. Bind Your Policy
Once you’re happy, coverage can often be finalized in minutes for single bikes. Then, you can ride with confidence knowing you’re protected.
What Does Custom Motorcycle Insurance Cover?
AIM Insurance’s custom motorcycle policies are designed to cover what matters most to you. Here’s what you can expect:
Agreed Value Coverage:Get reimbursed for the full appraised value of your bike in case of a total loss.
Parts & Accessories:Protection for aftermarket upgrades, custom paint, performance parts, and more.
Transport & Storage:Coverage for your bike whether it’s on the road, in transit, or stored off-season.
Comprehensive & Collision:Protection against theft, vandalism, fire, and collisions.
Liability Protection:Coverage if you’re found legally responsible for injury or property damage while riding.
Optional Add-Ons:Roadside assistance, gear coverage, gap insurance, and more.
Frequently Asked Questions
How much does custom motorcycle insurance cost?
Premiums vary based on your bike’s value, location, and usage.
What documentation do I need?
A recent appraisal, details of all modifications, proof of ownership, and your riding history.
Do you cover vintage and classic motorcycles?
Absolutely. We offer specialized policies for vintage, antique, and collector bikes—including agreed value and restoration coverage.
What if I ride my custom bike to shows or events?
Let us know about your plans, we will discuss the options.
How fast can I get covered?
For most single bikes, coverage can be finalized in minutes once we have your appraisal and details.
Why Choose AIM Insurance?
Motorcycle enthusiasts and supporters; From the owner to the staff, many are involved in multiple areas of the motorcycle community.
100% Canadian-Owned and Operated:Local expertise, serving Ontario, Alberta, the Maritimes, and beyond.
Personalized, High-Touch Service:Real brokers, not a call center, Fast, expert support.
Quick Response:Average response time is just one minute by phone, email, or social.
Award-Winning:Proud recipient of the Reader Favourites Award for personal service.
Don’t wait until you need to make a claim to find out you’re under insured. AIM Insurance is here to help you protect your passion—so you can ride (and show off!) your custom motorcycle with confidence.
