No matter what choice of bike you have, chances are you can cover it with motorcycle insurance. The following vehicles typically can be insured:
Minimum required motorcycle coverage varies by state. Most states require at least Bodily Injury and Property Damage Liability coverage which cover you in the event of an at-fault accident.
Comprehensive and Collision coverage helps you repair or replace your motorcycle.
Some states may require additional coverage i.e. Uninsured/Underinsured Motorist Coverage, Personal Injury Protection (PIP) aka No-Fault insurance.
You also have the option to customize limits and deductibles.
Liability includes bodily injury and property damage protection and is almost always required. If you ever cause an accident with your motorcycle, liability coverage helps protect you from having to pay others' injury or repair bills.
When deciding how much liability insurance to get, a good rule of thumb is to get as much protection as you can comfortably afford. It's also important to know your surroundings and riding ability. For instance, someone who lives in a crowded city and is new to motorcycles will probably want higher limits than someone who lives in a rural area and has years of experience.
Collision coverage helps repair your bike and covers the cost of damaged riding apparel and helmets in a covered incident.
Comprehensive coverage kicks in after a non-collision incident occurs (stolen motorcycle, tree limbs hitting your motorcycle, etc.). This type of coverage may replace the cost altogether.
Total loss coverage pays the manufacturer's suggested retail price of current year motorcycle of the same make and model.
(If you have Actual Cash Value coverage instead, your policy will cover its current-day worth. For limited-production motorcycle, agreed value coverage might be required).
Riding a motorcycle comes with unique injury risks. Having enough medical coverage can be a lifesaver after a motorcycle accident especially if you do not have regular health insurance.
You can use this type of coverage on accident injuries within the last 3 years. Some plans might require you to reach your health insurance before tapping into medical payments coverage.
Customizations can be a fun way to enhance your riding experience. These personal touches can be expensive so you may want to protect them.
Customized Parts and Equipment coverage aka Accessory coverage can provide coverage for most bike models less than 25 years old. Settlements are based on actual cash value.
In most states, you'll receive an automatic $3,000 in Accessory coverage when you purchase Collision or Comprehensive coverage.
During your motorcycle trip, mechanical breakdowns or collisions can interrupt your trip. If you have Trip Interruption coverage your insurance may cover ($500 max per incident):
This type of coverage protects you against uninsured/underinsured drivers. It will cover your property damage, medical expenses, and even loss wages if the driver does not have enough or no coverage. Choosing high limits allows you the confidence to be covered in any loss.
If your motorcycle breaks down and you need a tow, this coverage will kick in. Labor costs for the following may also be covered:
Deductibles, coverage limits, and optional coverage should be compared when evaluating individual plans from different insurers.
Generally, choosing a higher deductible generally means a lower insurance premium (and also added financial risk).
Coverage limits work in a similar way on certain coverage; lower limits mean lower premiums. However, lower coverage limits may not be enough to cover your incidents.
You can choose your policy effective date when you get a motorcycle quote.
If you are currently insured, make sure your current policy's end date is on or after the new policy's start date to avoid a lapse in coverage.
Typically, you can insure up to 4 motorcycles on the same policy which would qualify you for a Multi-Vehicle Discount.
Generally, motorcycle insurance policies will cover up to 5 riders on the same policy.
It depends if you rent or own the motorcycle. Typically, if you are riding a rental, parts or all of your motorcycle policy will apply. If you’re riding a motorcycle you own but is not included in the policy, coverage may not be effective.
