Check to see if you qualify for motorcycle insurance before you by your motorcycle, because you may not. There are many issues to take into consideration before you can hit the open road, and motorcycle insurance can financially cover you for many contingencies.

Motorcycle insurance is required by law in most states, and even if you live in a state that does not require coverage, the high risks motorcyclists face make motorcycle insurance extremely important. The coverage that is mandatory in most states includes property damage liability and bodily injury liability. These two liability insurance items will cover the financial costs if you damage another person’s property or if you cause bodily injury or kill another person. You may need to add passenger liability coverage to include injury or death to a passenger.

Some of the issues that are looked at in order to qualify you for motorcycle insurance include:

  • The high or low crime rate in your neighborhood.
  • Your age (the minimum age varies between states).
  • If you own a high-end machine.

Insurance companies will cover a wide range of motorcycles, including:

  • Factory-built or custom motorcycle.
  • Classic, cruiser, limited production cruiser and vintage.
  • Scooter, mini bike and moped.
  • Motocross, dirt bike, trail bike, sport bike, sport touring and street sport.
  • Regular, dual purpose/endure and high performance.
  • Trikes, sidecars and trailers.

Motorcyclists face the highest risks for damage and injury compared to any other vehicle on the road. Take the necessary precautions to reduce your chance of injury or damage to yourself or anyone else.

Motorcycle Insurance: Description Of Motorcycle Insurance
  • Wear your helmet; this is the number one rule.
  • Wear your leather; it is the best protection for your legs, hands, feet and torso.
  • Have reflectors to increase visibility. Motorcycles are difficult to see and you should assume people are not watching for you.
  • Get comfortable on your bike by practicing on low-traffic streets and in different types of weather before you attempt the fast-paced highways.
  • Wear your prescription eye glasses if you need them. Wear sunglasses on sunny days.
  • Do not wear earphones while driving.

Accident prevention and safety come first but make sure you are financially protected as well for the high risks you take when operating a motorcycle.

Motorcycle Insurance: What Does Motorcycle Insurance Cover?

Motorcycles are a high-risk vehicle and can get into all kinds of trouble; make sure you are fully covered with motorcycle insurance. If you are liable for the bodily injury to another person or damage to their property, you can be sued by that person and may have to cover their medical bills or repair bills, and all legal expenses.

The state-mandated coverage for property damage and bodily injury liability is only a small portion of the coverage available to you and what is necessary to prepare for as many contingencies as recommended.

Bodily injury can strike you, your passengers and to others involved in an accident. Motorcycle insurance has several different ways you can protect yourself financially from expensive medical and legal bills if you are found negligent:

  • Bodily injury liability coverage includes injuries to another person, and even death.
  • Some insurance policies require an addendum for covering bodily injury to your passenger.
  • Uninsured or underinsured motorist coverage is for any bodily injury and subsequent lost wages incurred if the fault of the accident lies with the other driver and he does not have insurance.
  • Medical or MedPay will cover any bodily injury you may have suffered from an accident whether you are at fault or not.

Damages to your motorcycle and to other people’s property involved in an accident can come with very expensive repairs and maybe even replacement. A motorcycle insurance policy with comprehensive and collision will cover you financially if you are required to pay for:

  • Damages incurred in an accident with another vehicle or other object such as a telephone pole or an animal.
  • Damages incurred from theft, fire, bad weather or vandalism whether they happen during biking season or while your motorcycle is in storage.
  • Damage to custom work can be covered, including custom paint, plating or exhaust, handlebars, sissy bars, fenders, component upgrades, side cars, trailers, trike conversion kits, helmets and accessories.

You can also purchase roadside assistance through your motorcycle insurance to provide assistance if you are on the road and experience a breakdown, dead battery or flat tire; run out of gas or water; or if you are caught in a severe storm or stuck in the mud.

A motorcycle comes in many different forms and so does motorcycle insurance. Make sure your insurance fits you and your motorcycle.

Motorcycle Insurance: Motorcycle Insurance Rates

Motorcycle Insurance: What Does Motorcycle Insurance Cover?

Motorcycle insurance can be very affordable, and a small price to pay for accident coverage. There are many different aspects to consider when purchasing a motorcycle insurance policy and it can get pricey. However, there are also a number of things you can do to lower your monthly premiums.

Motorcycle insurance can range anywhere from $30 per month to $500 per month. An average policy will cost you around $200 per month. This premium price is based on:

  • Your age. If you are 15 years old, your insurance will cost more for you than it will when you are 25 years old.
  • Your experience. If you have little or no experience operating a motorcycle, your premiums will be high.
  • The make and model of your motorcycle. If you have an older Honda motocross your premiums will be lower than if you own a powerful Honda super street bike.
  • Your credit history. If you have bad or no credit history, your payments may be higher or you may not qualify at all.
  • Your state’s insurance requirements will likely be different from other states and can affect your qualification and cost of your motorcycle insurance.
  • City living has a higher premium. Theft and accidents risks are higher in an urban area than in the country.
  • A higher deductible means a lower premium.

Discounts are available to motorcyclists under certain situations, including:

  • The motorcycle owner also owning a house.
  • Combine your vehicle and motorcycle insurance policies.
  • Being married.
  • Reaching the age of 25.
  • Installing a LoJack®.
  • Paying the full policy in a single payment.
  • Always pay on time and receive a discount when you renew your policy.
  • A clean driving record.
  • Completion of a Motorcycle Safety Foundation course.
  • Have good school grades.

If you own a vintage motorcycle, one that is over 25 years old, your motorcycle coverage and indemnity will be based on a predetermined value to determine your payment for repairs or replacement. Vintage and classic model motorcycle owners usually take very good care of their machines and may be able to find less expensive motorcycle insurance.

Join a local motorcycle club, partly to find out all the local requirements for insurance and which insurance providers offer the best rates, but being a group member can also qualify you for a group discount on your motorcycle insurance.

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