Motorcycles are a popular and fun mean of transportation across the United States. Before you take your motorcycle out for a spin, it’s imperative that you have the proper insurance coverage for your motorcycle. Some types of motorcycle insurance are required by every state while other forms of coverage are optional. It’s still important for many to have these optional coverages for financial reasons and for peace of mind.
All states require motorcycle owners to carry bodily injury liability insurance and property damage liability insurance. These two types of insurance cover you in the event that another person is injured or their property is damaged as a result of an accident that is deemed to be your fault.
Collision coverage for your motorcycle is not required, but it is necessary if you want to get your motorcycle repaired in an accident in which you are at fault. Collision coverage has a deductible associated with it. This is the amount of the damage that you are responsible to pay for before the insurance coverage takes over. Common deductible amounts are $500 and $1,000.
Comprehensive coverage is another type of optional coverage. This is the type of coverage that you will need to help you if your motorcycle is vandalized or stolen. Comprehensive coverage also helps you if damage is sustained by hail, wind or fire. As is the case with collision coverage, a deductible applies to comprehensive coverage on your motorcycle.
Roadside Assistance Coverage
Unfortunately, you may find yourself in a situation where your motorcycle has a dead battery, or it needs to be towed into the shop. Roadside assistance coverage provides these type of services so that you can get back on the road.