5 Things You Might Not Know Are Covered By Motorcycle Insurance
There are many good reasons to get motorcycle insurance if you ride or own a motorcycle. One of the biggest motives is that most states require a minimum of property damage liability and bodily insurance coverage. Also, it’s always a good idea to be protected in the case or theft of an accident.
Motorcycle insurance can be complicated, and you might not be aware of all it can cover. Read on for some facts about motorcycle insurance.
1. Almost any type of motorcycle can be insured
If you believe that your bike can’t be insured as it’s a classic from the 60s, or you’ve fully customized it, think again. Insurance companies offer coverage for nearly all motorcycles, including modified bikes, sports bikes, antiques, bikes built from a kit and cruisers.
2. Coverage is available for scooters, ATVs, snowmobiles – even golf carts or Segways
I know what you’re thinking: “Hey, those aren’t motorcycles!” That’s true, but many insurance companies cover leisure vehicles under their bike insurance policies. Since many states require liability coverage for mopeds, ATVs, snowmobiles and the like, it’s important that you know you can insure them this way, as most homeowner and car insurance policies don’t offer protection for leisure vehicles.
If you own a golf cart, you might not think it’s important to get it insured. However, injuries related to golf carts more than doubled between 1990 and 2006. Golf carts are now being driven on trails and streets, not just on golf courses. They don’t have doors, stability controls or seat belts, so comprehensive coverage and liability insurance is a good idea.
Segways can also present a danger, as you are more likely to require a hospital visit from falling off a Segway than from being hit by a car while on foot. Therefore, it’s worth considering medical payments coverage if you own a Segway.
3. Motorcycle insurance helps protect your vacation
Most motorcycle insurances will provide you with the same type of protections as car insurance: bodily injury liability, collision coverage, property damage and medical payments coverage.
However, there is also a vast range of other types of coverage that can be useful while on road trips. If your motorcycle breaks down, you can get monetary assistance from labor and towing coverage. If you get stranded, trip interruption coverage will cover the costs of food, transportation, and lodging. You will also be protected by your comprehensive and collision coverage if you rent an ATV or bike during your vacation.
4. Motorcycle insurance also covers your protective gear
Along with your bike, you can also insure the gear you need to ride your bike safely. Items like riding leathers, gloves and helmets are expensive, so if something happens to those things, your bike insurance can assist you in replacing them.
5. If you are a homeowner, you can get a discount on your motorcycle insurance
Depending on the state in which you reside, your insurance company can offer several ways to receive a discount on your motorcycle insurance, including taking a safety course, insuring another vehicle along with your bike, being a careful driver and owning a home.
Life is a series of twists and turns, but if you have the right motorcycle insurance coverage, you’ll be ready for anything life throws your way.
So don’t hesitate to give Ed Cuellar’s Insurance Agency a call.