Understanding Motorcycle Insurance

For some people, having a motorcycle can make them “cool.” It allows them to drive to the freeway and cut their way through the traffic. But while it can be “cool,” a motorcycle is more risky than a car. This is because it has lesser stability and a much lower level of occupant protection that is found in a car. In addition, it is less visible to other road users than a car or truck. It is critical for motorcyclists to have insurance coverage due to their exposed position.

While you can always check it out with your insurance agent, being informed about the basics of motorcycle insurance can help you decide whether to buy the minimum or add higher limits or additional coverage. Here are the different types of coverage to choose from for motorcycle insurance:

  • Bodily Injury Liability: This type of coverage will come in handy when you were deemed at fault causing injury or harm to another pedestrian or vehicle. In some states, this coverage is applicable to any passenger on your bike. In other states, it can serve as an additional premium to cover your passengers.
  • Property Damage Liability: This kind of insurance can be used to pay off repairs or replacement of another person’s property such as a vehicle or building.
  • Medical Payments: The absence of an enclosed protection like in cars makes motorcycle riders prone to injuries. With medical payments, the rider can cover their medical costs as well as of their passengers.
  • Personal Injury Protection: In some states, personal injury protection may be required. This type of insurance will help cover for expenses you may incur from injuries from an accident, regardless of who is at fault.
  • Collision: It helps you pay for repairs as a result of colliding with another bike, a car, fire hydrant, or another structure, regardless of who is at fault.
  • Comprehensive Coverage: This feature protects your motorcycle from circumstances such as theft, vandalism, and natural disasters. It helps you cover for repairs or replacement from these causes.
  • Uninsured or underinsured.: If you have zero insurance or does not have sufficient insurance coverage, this type of insurance will defray the damages you can incur from injuries in an accident.

Riding a motorcycle places you at a greater risk of getting injured during an accident. Protect yourself at all times by getting motorcycle insurance. For more information, contact your local Milwaukee, WI insurance lawyer.