Motorcycle insurance is recommended for anyone who drives a motorcycle. It may even mandatory if you want to legally drive your motorcycle on public streets in your state. Regardless, the accident rate for motorcycles is high. So it makes good sense to have proper insurance coverage.
Types of Coverage
A customized policy will benefit you, your motorcycle, and other drivers on the road. With the proper insurance policy, you will know you have the financial assistance you need to deal with any accident that may occur.
Collision coverage is necessary to pay for damage to your bike following a collision with another vehicle. Comprehensive coverage pays for damage that isn’t collision-related. Comprehensive coverage is for losses including vandalism, fire, and theft and a comprehensive policy can also protect your accessories, such as saddlebags, seats, chrome pieces, and backrests.
The medical payments option pays for medical coverage for yourself and your passengers following an accident. Liability protects you against damage you cause to someone’s property while riding your bike. It may also help pay for your legal defense if someone files a lawsuit against you.
In spite of the law, some people do drive without insurance. If you are in an accident with such a person, then uninsured/underinsured motorist coverage can help. You can protect yourself against these motorists with coverage that pays for injuries in an accident that is not your fault.
Some insurance companies also offer discounts in certain situations. For example, if you have more than one policy with an agency, you might qualify for a multi-policy discount. There might also be a motorcycle organization discount, a safe driver discount, and a motorcycle safety course discount.
In most cases, a motorcycle represents an investment which it’s important to protect. Speak with one of our insurance agents to explore your options if you do not already have coverage. Even if you do have coverage, take the time to learn if you are eligible for any discounts.