8 Things To take Into Account When Insuring Your Motorcycle

1.  Most states require you to have insurance coverage if you ride a motorcycle.  You need to have at least liability coverage for property damage  and to cover bodily injury.  This very basic coverage will cover the other party up to the limits of your policy provision.  You will be responsible for any charges incurred by the other party above your policy limits.  The liability insurance coverage does not cover the cost of repairing or replacing  your own motorcycle.  Since an accident can occur anywhere at anytime it is important that you always are insured when you ride your motorcycle.

2.  Passengers on  your motorcycle are probably not automatically covered.  If you plan to carry a passenger on your motorcycle you should look into guest passenger liability coverage.

3.  If you have a decent newer motorcycle or perhaps a fancy customized motorcycle or a valuable antique motorcycle consider putting comprehensive and collision coverage on your motorcycle.  Just carrying liability coverage may be satisfactory if your motorcycle is an old beater you can affords to repair or replace on your own.  Otherwise, go with the more expensive insurance and include the coverage for your own ride.  You will only be required to pay the deductible to have your motorcycle repaired in the event of  damages to the motorcycle,

4.  Some states require coverage if you use a Segway, snowmobile, golf cart, ATV or moped, etc.  These modes of transportation are not usually covered by your car insurance policy.  However, they may possibly be covered by a motorcycle policy.

5.  In addition to covering your motorcycle your insurance coverage can include your helmet and other gear and can help with replacement costs when necessary.

6.  In the event  you are hit by an underinsured or uninsured person or a hit and run driver in order to protect yourself you need to carry coverage to address these issues.

7.  Your motorcycle insurance can provide for roadside assistance services if it becomes necessary while you are on a ride.  Be sure to ask you insurer what services beyond towing are covered under the roadside assistance provision of the policy.

8.  If you are on a road trip and it is interrupted your motorcycle insurance may provide some help with the expense of food or lodging if  you re stranded somewhere for a few days with an out of commission motorcycle.

When you are looking for insurance for your motorcycle you want to look into several different companies and determine what insurance company and what motorcycle insurance will best fit your needs and financial situation.

You may be able to get a reduction in premium for your motorcycle insurance if you are a homeowner.  You may be eligible for a discount if you have several insurance policies with the same company.