Motorcyclists know that the freedom that comes with the bike requires constant vigilance to the road and your surroundings. You are far less physically protected on a motorcycle, and that extraordinary awareness will become second nature.
Motorcycle insurance helps you with the knowledge that you and anyone riding with you is protected in the event of an accident.
Understanding motorcycle insurance coverage.
Motorcycle insurance works very similar to auto insurance to help financially protect you and those you care about. Depending on the coverage options you select, your insurance can:
- Pay for damage and repairs to your motorcycle resulting from an accident.
- Cover accident damage to another vehicle or other property.
- Cover medical expenses associated with an accident.
- Pay for losses caused by underinsured or uninsured drivers.
- Reimburse you for damages suffered because of vandalism, natural disasters or theft.
- Pay for legal costs related to a motorcycle accident lawsuit.
Motorcycle insurance can seem confusing. But once you understand the different types of
coverages that make up your policy, it’s not hard at all.
Motorcycle insurance is really made up of 12 distinct parts that divide into two categories:
Compulsory Insurance and Optional Insurance. The first four parts are Compulsory and required by law. The other eight are Optional; however, they provide additional insurance protection.
Compulsory (required) insurance:
Bodily injury to others
This coverage pays for damages if you are legally responsible for an accident and injure
someone else other than your passengers. It also provides for legal defense and court costs.
Personal injury protection
Commonly known as “No-Fault,” this provides benefits including medical expenses, lost wages, and replacement cost services.
- Bodily injury caused by an uninsured vehicles
Pays damages for bodily injury resulting from certain accidents caused by uninsured vehicles or in a hit-and-run situation.
- Property damage
This coverage pays for damages to someone else whose vehicle or other property is damaged in an accident if you, a household member or someone using your motorcycle with your consent is legally responsible.
The following optional coverages should be discussed with us when you purchase your motorcycle insurance. We will help you decide which (if any) are appropriate for your needs and budget.
- optional bodily injury to others
- medical payments
- limited collision
- substitute transportation
- towing and Labor
- bodily injury caused by an underinsured vehicle