Motorcyclists who travel on public roads or highways need an insurance policy that meets their state’s requirements as well as their individual needs.
Motorcycle insurance coverage is normally purchased as a stand-alone policy.
As with cars, some insurance coverages are required for motorcyclists whereas others are optional.
1. Required coverages: Most states require motorcyclists to carry a minimum amount of liability insurance, to cover bodily injury and property damage costs caused to other people involved in an accident. In addition, uninsured/underinsured (UI/UIM) motorist coverage is recommended, or even required, in many states as part of a motorcyclist’s insurance policy to cover expenses for damage caused by another driver who does not have insurance or whose insurance is inadequate.
The mandatory minimum liability limits for these coverages in states where they are required for motorcyclists are generally similar to those required for automobiles.
2. Optional coverages:
a) Collision—covers damage resulting from a collision with another vehicle, an object or as a result of flipping over.
b) Comprehensive—covers damage caused by events such as fire, flood, falling objects, theft or vandalism.
c) First-party medical coverage—covers your own medical expenses if they were incurred in an accident while operating your motorcycle.
c) Emergency road service—covers towing and roadside assistance costs.
d) Accessories and customization—covers the repair or replacement of accessories, like helmets and safety jackets, and customized equipment added to the motorcycle after purchase, such as exhaust pipes, saddle bags, and seats.
Beyond the types and amount of coverage purchased, several other factors will also affect how much you pay for motorcycle insurance, including:
- Your age and driving record
- Where you live
- The model, make and horsepower of your motorcycle
- Where you store and drive your motorcycle
At Fox Insurance Agency, we can work with you to make sure you've got the motorcycle insurance coverage you need, while at the same time using all possible credits and discounts to make that coverage affordable. Just give us a call at 503-277-2300 or send us a note at info [at] foxinsure [dot] com. We want to help you meet your goals, and make sure what's important to you is protected.
The information in this article was obtained from various sources and is not all inclusive regarding the subject matter. This content is offered for educational purposes only and does not represent contractual agreements, nor is it intended to replace manuals or instructions provided by the manufacturer or the advice of a qualified professional. The definitions, terms and coverage in a given policy may be different than those suggested here and such policy will be governed by the language contained therein. No warranty or appropriateness for a specific purpose is expressed or implied. Content provided by Insurance Information Institute.