Need Help?
Please Feel Free To Contact Us. We Will Get Back To You Within 1-2 Business Days.
Motorcycle Insurance
Motorcycle insurance coverage is required by state laws. At the very least, they require motorcycle owners to buy a minimum amount of liability coverage. Motorcycle owners have two coverage options for insuring their bikes: adding a “miscellaneous type vehicle endorsement” to their auto policy or buying a standalone motorcycle policy.
We generally recommend a standalone motorcycle insurance coverage policy because the miscellaneous type vehicle endorsement has several limitations. Unlike your personal auto policy, liability for non-owned motorcycles is not one of the coverages included in your policy. So, if you take a friend’s sport bike for a spin, you won’t have coverage.
It also typically covers only the actual cash value of your bike, or the original price, less depreciation. If you have a rare or collectible bike, a customized touring bike, or one with many add-ons, the endorsement is unlikely to facilitate enough coverage.
For many people, a specialized standalone policy offers the best motorcycle insurance coverage. Its liability coverage options apply in more situations and it facilitates better coverage for the damage or theft of a valuable or customized bike.
When it comes to property damage claims, with some specialized motorcycle insurance coverage, you can get “agreed value coverage,” where you and the insurance company set a price for the motorcycle when you buy the policy. If you file a claim because it is stolen or totally damaged, the policy will pay you this agreed amount, less any depreciation of tires, batteries, and engine parts.
In addition to these standard liability and property features, here are some important additional coverages included in motorcycle insurance policies:
- Uninsured/Underinsured Motorists (UM/UIM): To protect you if you’re involved in an accident and the other driver is at fault but has no insurance or is underinsured and is legally liable but can’t pay your losses, such as medical care and lost wages.
- Medical Payments: Pays for the medical care you require after an accident regardless of who was at fault. The limits facilitated are usually between $5000 and $25,000 and may be available only after other insurance has been applied.
- Customized Parts: Some policies facilitate additional limits to purchase customized parts not covered in the basic insurance agreement.
- Roadside Assistance: If your bike breaks down, it will be towed to the nearest repair shop. The cost of necessary labor at the breakdown site is usually also covered.
We facilitate insurance for many types of motorcycles and ATVs, including cruisers, limited production cruisers, street sports, high performance, touring, sport-touring, mopeds, scooters, and trikes. We even offer motorcycle insurance for older bike models. Whatever your motorcycle insurance coverage needs are, we can find the right policy for you.