Motorcycle insurance coverage
Motorcycle insurance is an agreement between you and your insurance company that protects your bike, scooter, moped, ATV, or UTV, any damage you cause while riding, and other events. As with auto insurance, you’ll select and purchase “coverages,” which represent things your insurer agrees to pay for. Motorcycle insurance is mandated in most states. If you ride without insurance or lack the proper coverages, you could get a fine, have your license revoked, suffer a court-ordered financial judgement that you can’t afford, or even land in jail.
Motorcycle insurance usually covers the following:
- Liability: Is the only required coverage in most states. While it’s true that motorcyclists usually bear the brunt of a collision, liability insurance is crucial if you’re in an accident and are responsible for someone else’s injuries or damages. Liability coverage pays for:
- Damage to other vehicles (cars, motorcycles, etc.)
- Damage to objects (mailbox, phone pole, house, etc.)
- Other drivers’ and their passengers’ injuries
- Lawsuits if someone sues you because of an accident
- Comprehensive: This coverage protects your bike from:
- Windshield damage
- Vandalism, riots, explosions, and fire
- Falling trees/branches/limbs and other objects
- Rocks, debris, or other objects kicked up by other vehicles
- Storms, wind, hail, floods, earthquakes, lightning
- Accidents with animals (hitting a deer)
- Your bike getting knocked over
- Collision: Covers any damage to your motorcycle if you collide with another vehicle or object, regardless of fault. You’re also covered if your bike is overturned.
- Uninsured/underinsured motorist property damage: It’s estimated that about 13% of drivers are uninsured countrywide, according to the Insurance Information Institute. If your motorcycle is damaged by a driver who isn’t carrying insurance or doesn’t have enough to cover the damage they’ve caused, uninsured/underinsured motorist coverage will kick in. This coverage will then repair or replace your bike up to your policy’s limits. Same goes for injuries you suffer at the hands of an uninsured or underinsured driver—we’ll cover your injuries up to the limits of your policy.
- Medical payments: Pays for the medical bills for you and your passengers if you’re in an accident, regardless of fault.