Motorcycle Insurance Explained
Riding on the road on a motorcycle automatically increases risks to those who love the open road, making it a primary reason why owners need Motorcycle insurance to protect themselves and their bikes. One of the most important things that bike riders can do is make sure that they have proper coverage for themselves as well as for their bikes.
Insurance for motorcycles covers these specifics, ensuring that owners, and ultimately their families, will be protected – no matter who was at fault. Available protections for motorcycle riders are very similar to those for passenger cars but are targeted specifically for motorcycles.
Standard features of this type of insurance usually include coverage for bodily injury and property damage liability that pays out money if the policy holder is at fault for an accident and uninsured/underinsured motorist coverage that pays for your injuries, damages and medical payments when the at-fault party is not properly insured. The standard medical payment portion of a policy covers necessary medical care received as a result of a motorcycle accident regardless of who is at fault, although it may only apply after other insurance is exhausted in certain states.
Depending on the insurance company, policyholders can add on specifics to their coverage to fit their needs. Among the special add-ons that can be part of motorcycle insurance policies are coverage for custom parts if your bike has them, towing and labor costs, motorcycle and off-road vehicle transport trailer damage and roadside assistance. Most companies also let you choose your coverage limits and tailor your policy to your own needs and budgets.
Another feature of insurance for motorcycles is that policies often are tailored to the specific type of bike that an individual may own. These can include traditional motorcycles and ATVs, cruisers, limited production cruisers, street sport bikes, high performance motorcycles, tour and sport touring bikes, mopeds, scooters and trikes.