Insurance For Motorcycles

Buying motorcycle insurance is very similar to buying automobile insurance. Typically, you will need the following coverage:

• Liability insurance to cover you for bodily injury or property damage resulting from an accident with your motorcycle. Be sure to ask us whether your policy covers injuries to your passengers. Some states require it, while others don't. Also ask us about the amount of coverage you think you'll need. Some states have a minimum required level of coverage, but you may need more to protect you and your assets from the risk of financial loss.
• Collision insurance to cover you for the value of damage to your bike, after deductibles, that results from an accident. If you are making monthly payments for your motorcycle, your lender will require collision coverage.
• Comprehensive insurance to cover you for loss due to fire, theft, vandalism, and other events not resulting from an accident. Comprehensive coverage also carries a deductible