Oregon requires classic and vintage motorcycle owners to meet the standard motorcycle insurance coverage requirements for bodily injury and property damage liability, personal injury protection, and uninsured motorists. Although it is recommended, Oregon does not require collision or comprehensive coverage that distinguishes traditional and classic motorcycle coverage. For those living in or near Canby, OR, contact the Oliver Insurance team to discuss how to cover yourself and your classic or vintage motorcycle.
What’s Different About Classic and Vintage Motorcycle Insurance?
The definitions for classic, vintage, and antique motorcycles vary. For licensing purposes, Oregon issues vintage motorcycle plates for bikes older than half the number of years between the current year and 1900, so bikes built before 1962 qualify as vintage motorcycles (as of 2024). In contrast, insurance companies often consider classic motorcycles 20 to 24 years old, vintage motorcycles 25 to 34 years old, and antique motorcycles 35 years or older. Check with your agent for the definitions used by specific insurers.
Collision and comprehensive coverage for newer and classic bikes differ because classic bikes are distinctive and insured based on an agreed-upon value. Determining the agreed-upon value generally requires an inspection to assess the bike’s age, upgrades, and part brands, along with some negotiation. Most classic policies pay to repair damage using the same parts brand on the motorcycle before the loss occurred. Many allow you to have the repairs performed at a shop you trust or to perform the repairs yourself.
Working With Oliver Insurance
If you live in or near Canby, OR, call our friendly team at Oliver Insurance at 503-266-2715. We are ready to address all your motorcycle and other insurance needs. So, give us a call or stop by to see us today.
