Motorcycle Insurance

Have you just purchased a motorcycle? If so, congratulations! Now let’s discuss motorcycle insurance and what it entails. When purchasing motorcycle insurance, you have several options.

You can buy cheap motorcycle insurance; obtain a motorcycle insurance quote online; call your auto insurance company and ask for a motorcycle insurance quote; go online to research motorcycle insurance rates; or find custom motorcycle insurance rates either online or through your auto insurance company. However, whichever method you prefer; you need certain coverage, just as you would when purchasing auto insurance coverage. Here are a few factors to consider:

Most of the high end insurance companies such as Allstate, Geico, Nationawide will offer motorcycle insurance. For your own protection, look into liability Coverage; guest passenger liability coverage; medical payment coverage; and underinsured/uninsured motorists coverage. Medical payments coverage pays the cost of necessary medical care you receive as a result of a motorcycle accident and can be used regardless of who is at fault. The coverage often is limited to medical treatment received within the first three years after an accident and is limited to a specific dollar amount.

In addition, to protect your expensive motorcycle, you’ll need collision coverage and comprehensive coverage. When Physical Damage Liability coverage (Comprehensive or Collision coverage) is purchased, at least $1,000 of Custom Parts and Equipment coverage is included in most states. This includes: any electronic equipment, antennas and other devices used exclusively to send or receive audio, visual or data signals or play back recorded media, other than those that the manufacturer originally installs, that are permanently installed on the motorcycle or off-road vehicle using bolts or brackets, including slide-out brackets; sidecars; trailers designed to be pulled behind a motorcycle or off-road vehicle; trike conversion kits; custom paint, custom plating or custom exhaust; mower blades, plow blades or winches; and safety riding apparel, including helmets.

You can also add optional coverage for equipment; towing and labor; and rental reimbursement. Roadside Assistance coverage provides towing to the nearest qualified repair facility and necessary labor at the place of disablement when your motorcycle or off-road vehicle is disabled due to any of the following: mechanical or electrical breakdown; dead battery; flat tire; lockout; insufficient supply of fuel, oil, water or other fluids; and entrapment in snow, mud, water or sand within 100 feet of the roadway. This coverage extends to trailers being towed by a motorcycle. Immediate sign and drive assistance means you have no out-of-pocket expenses. Roadside Assistance is included with comprehensive coverage for most Harley-Davidson and touring motorcycles at no charge, and can be purchased at a nominal fee for all other bikes.

Moreover, you may also qualify for the following: Multiple Cycle Discount; Motorcycle Safety Course Discount; Prior Motorcycle Insurance Discount; Motorcycle Organization Discount; or Preferred Auto Discount. This all depends upon your insurance carrier and their terms and conditions.