Home Page Get A Quote



Marking the start of spring, motorcycle enthusiasts gathered this month at a rally in Daytona Beach, Florida, and will do so again in June in Johnstown, Pennsylvania. But do they have the right insurance coverage? Motorcycle insurance is a must for any avid biker, according to the
Insurance Information Institute (I.I.I.).

“Auto insurers often offer motorcycle insurance coverage as either a stand-alone policy or an endorsement to a personal automobile policy,” said Michael Barry, vice president, Media Relations, at the I.I.I.

Like auto insurance, some coverages are required for motorcyclists; 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 policy to cover expenses for damage were caused by another driver who either does not have insurance, or whose insurance is inadequate. 

    The mandatory minimum limits for these coverages in states where they are required for motorcyclists are generally similar to those required for automobiles.

  1. 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 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

RELATED LINKS

Issues Update: Motorcycle Crashes

Facts and Statistics: Motorcycle Crashes

Sign up for the I.I.I.’s Check20 email for regular auto, home and safety tips.

The I.I.I. has a full library of educational videos on its You Tube Channel. Information about I.I.I. mobile apps can be found here.

Article Source: http://www.iii.org

Posted 10:52 AM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Footer Links
Home Round Rock Homeowners Insurance Insurance Blog About Us Contact Us Blog RSS Feed Like us on Facebook Follow us on Twitter Connect on Linked In Driving Directions Blog RSS Feed Find us on Facebook Follow us on Twitter Connect on LinkedIn Homepage Austin Car Insurance Blog About Contact Driving Directions to the Georgetown office Homepage Privacy Policy