Motorcycle insurance is a requirement in all 50 states and an essential investment in your safety. Selecting the appropriate coverage for your needs should not cause you undue stress and should be quick to do.
Every state requires Bodily Injury Liability and Property Damage Liability. Your state may require additional coverage. Different types of coverage have their own premiums and may have minimums and limits of coverage as well. You should check with your local DMV to be sure you know exactly what your state's requirements are before purchasing, as you may be able to save money by bundling your purchase at once rather than having to purchase an item separately. Ideally, a quality insurance company should know which insurance is required in your state, but it is in your best interest to go prepared and knowledgeable. If you have done your research and know what you need, it will make the transaction faster.
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Bodily Injury Liability provides coverage should you cause an accident that injures others. This does not cover your own injuries or costs. If you should have an accident and it is determined to be your fault, this insurance pays the medical costs and any other costs associated with income loss, pain and suffering, etc. This applies to anyone injured or killed, including if they were your passenger.
Property Damage Liability functions like Bodily Injury Liability except that it applies to the property rather than the people. It covers property and the other vehicle in the event that you are found to be at fault, but does not cover your property or motorcycle.
Additional types of coverage may be required in your state, but if not required are still available as options you can add to your policy. Because the potential for serious injury and extensive damage is high with a motorcycle, you should research which options you may want to invest in.
Collision coverage ensures that regardless of fault, in an accident, your bike is covered. Comprehensive coverage ensures that your bike is covered in the event of any damage not caused by an accident with another vehicle, such as theft, hitting a deer, vandalism, or natural disasters. Medical payments coverage comes in different amounts and will cover medical costs for yourself and a passenger, and may cover funeral costs. Another optional coverage is to protect you against uninsured or underinsured motorists. This coverage ensures that your needs are met in the event of an accident caused by someone who is uninsured or who doesn't have sufficient insurance to cover the damages they caused. There may also be other smaller types of coverage available depending on your state.
Fortunately, in the age of technology you can easily get a quote on your preferred coverage needs online or over the phone. Online is the fastest and simplest way, as insurance agents provide simple to use methods built right into their website. You simply plug in some basic information about yourself, insurance history and your motorcycle, and technology does the rest for you. You are then able to select the coverage that you desire and, in most cases, complete the purchase with a valid credit or debit card. You are often even able to print proof of your coverage immediately.
It is important to consider what kind of coverage is best for your needs understanding that if you are in an accident on your motorcycle it is likely to be far more devastating both to you and the bike than the average car accident. Your insurance options include required coverages in the event that you are at fault and need coverage to address damages of others in the accident, and optional coverages that further protect you as well. Once you know what you need, making the purchase can take as little as ten minutes but provides you with endless peace of mind.