Sure, almost everyone has a car or has had a car at some point in time. However, there is a different type of vehicle that must also be considered, and must also be accounted for. This vehicle is a motorcycle. Love it or hate it, motorcycles count as a motor vehicle as well, and because of this auto insurance is a must for this type of transportation as well.
As with the typical minimum for car owners, motorcycle owners must buy at least liability insurance. Liability insurance only pays for the injuries to others and the damage to their vehicles. It does not, in any way cover you for injury or damages. However, we’d recommend more than liability coverage, because often times motorcycle accidents with other automobiles are often causes of major injuries to the motorcycle driver. Without some medical coverage for motorcycles in the event of an accident, an already bad situation can turn into a much more major problem financially.
Coverage options for motorcycles
There are many different options for motorcycle insurance, but here is a list of the main breakdown of the different factors in the coverage included with the insurance;
Coverage for collisions is often one of the most basic coverages for a motorcycle that riders will purchase. This type of insurance will pay out for damages which occur to your motorcycle in the event of a collision.
Comprehensive coverage is for the unfortunate events which occur while you are not riding your motorcycle. This is things such as your bike being stolen, or damaged by something other than another vehicle. An example of one of the types of claims comprehensive would fall under is a collision with an animal.
Medical coverage is exactly as it sounds. It is coverage for when injuries are sustained during an accident while using the motorcycle in the event of an accident.
Like regular auto insurance, discounts can be had if you fall under a series of qualifications. Some of these qualifications for a discount on motorcycle insurance are:
1. Maintaining a clean driving record
If you have fewer accidents, then you are less likely to get into an accident. Which in turn results in fewer claims being filed, which is a surefire way of lowering your insurance rate.
2. Buy several types of policies
Policies typically stack. So, if you buy motorcycle insurance with us, as well as another type of insurance such as homeowners insurance then we can most likely work out a deal with you.
Being a longtime rider, or being over 55 typically suggests that you are experienced at riding a motorcycle. Another way to show your expertise at riding motorcycles is to enroll in and complete a motorcycle rider training course.
We hope this information is or will be useful to you. To learn more about Motorcycle insurance, and to speak about plans which work with you please feel free to contact us online or by phone at (512) 445-5555 to speak with one of our team members today.