Tips for selecting the right motorcycle insurance.
Just like car owners, motorcycle owners are legally required to carry insurance policies. However, with all the options out there, it can be difficult to choose the right coverage to meet your needs. To help you select the right motorcycle policy, here are some of the tips that you should try.
Find Out Your State’s Coverage Limits
Almost every state requires motorcycle owners to carry liability insurance. This type of insurance is designed to pay for others’ injuries or damages in the event that you cause an accident. Generally, motorcycle liability coverage limits are the same as auto liability minimums. However, you should consider securing coverage that extends past your state’s limits. This will ensure that you have enough coverage to cover your legal costs and protect your personal assets in the event that an affected party decides to sue you.
In addition to liability insurance, some states also require motorcycle owners to carry uninsured/underinsured motorist coverage. This type of coverage will help you address the injuries and damages caused by an uninsured driver or a driver who is not carrying enough insurance. So, make sure you know your state’s insurance laws to ensure that you have the right coverage in place.
Learn About the Different Types of Coverage
In addition to liability and uninsured/underinsured insurance, there are other types of coverage that you should consider. Here are some of the most popular motorcycle insurance options:
- Collision– Covers the damages you sustain due to a collision event.
- Comprehensive– Covers the damages you sustain outside of a collision event. For instance, collision insurance will cover the damages caused by vandalism, fire, extreme weather event, and so on.
- Personal injury protection– Covers the medical treatment that you and your passengers might require after an accident. This coverage is “no-fault,” meaning that you can access it regardless of who is responsible for causing the accident.
- Trip interruption coverage– Covers the lodging, transportation, and food costs that you might incur if your bike is damaged and inoperable during a long trip.
- Custom parts and accessories coverage– Covers the custom parts and special accessories that your standard coverage will not fully insure.
- Roadside assistance– Covers the cost of towing or completing minor repairs on your bike if you break down on a ride.
Try out these tips to secure the motorcycle insurance coverage that you need. Do you have additional questions about motorcycle insurance? If so, then contact the experts at Scautub Agency in Scotia, New York. We are ready to assist you with all your coverage needs today.