The short answer is yes. Every state legally requires all drivers on the road to have insurance coverage. Motorcycles have different coverage than cars because they are such different vehicles and more likely to get in accidents. When you get a motorcycle, investing in insurance makes sure that you and your bike is covered if you get into an accident. Here’s a breakdown of motorcycle insurance and what it can do for you.
Motorcycle Insurance General Coverage
Most basic policies cover the motorcycle for damage, as well as any damage an accident may cause to other people or property. If an accident is your fault, your coverage can pay for legal and liability fees for those involved. Every motorcyclist must have a minimum amount of coverage, though you can add more to increase the limit.
Additional Options
While the basic policy protects others on the road and yourself from liability, there are many more add-ons you might want to consider getting. The main policy does not include coverage for bodily harm to you, so you can add coverage for your own medical care if you get injured. You can also add coverage for a replacement should your motorcycle be totaled or for non-accident damage, such as weather and theft. Obtaining uninsured motorist coverage can ensure you are covered for damages even if the other driver does not have insurance (and they caused the accident).
Vehicles Covered
Motorcycle policies extend beyond what you may think of as a motorcycle. They also include other small, open vehicles like Segways, “crotch rockets” and mopeds. If you own any of these, you need to have them insured.
Reasons to Increase Coverage
There are several reasons you may want to add to your basic coverage depending on individual needs and bikes. If you like to drive fast and weave in and out of traffic, consider increasing coverage for your own bodily injuries and medical costs. You may also want to add coverage for a totaled bike. If your motorcycle sits for long periods of time in storage (e.g., during the winter months), add coverage for theft.
Talk to your insurance agent to determine what type of coverage is ideal for you and your motorcycle. If an accident happens, take care of yourself first by seeking medical attention and then file a claim to get compensation for your losses and expenses and possibly speak with a motorcycle accident lawyer, to ensure you’re getting all of the compensation you’re due. By having insurance already in place, you are paving the easiest possible road to recovery in the event of an accident.