Motorcycle insurance

                            Motorcycle insurance


   

Protecting yourself and your motorcycle by carrying the appropriate insurance policy is a major part of managing those responsibilities. Understanding the types of options available for motorcycle insurance can help you purchase adequate coverage for your physical and financial recovery in the event of an accident.

Insurance to Protect YourselfYour motorcycle is an investment that you want to see protected. If you carry a loan on the vehicle or could not afford to replace or repair it out of your own pocket, insuring it properly is even more critical.

• Comprehensive coverage makes certain that your motorcycle is repaired or replaced if it is stolen, vandalized, or harmed by means other than in a crash. 
• Collision is the type of motorcycle insurance that would pay for repair or replacement of your own motorcycle due to an accident, even if you are the responsible party.
• Underinsured or Uninsured Motorist should be a line item in your policy that you insist upon. If you or your motorcycle incurs damage from another driver who either lacks insurance or has inadequate insurance, under and uninsured motorist helps cover the difference between their coverage and your damages.  
• Medical Payment Coverage is possibly the most important aspect of your motorcycle insurance policy. The likelihood of serious injury of a motorcycle rider in a crash is far greater than that of a passenger or driver of an automobile. Even medical expenses for a minor collision can quickly begin to add up since a rider is so exposed. While you may have health insurance, co-pays and deductibles that are not covered may cause you financial hardship. Including medical payment coverage in your motorcycle insurance policy can help with those expensive medical bills.  

Insurance to Protect Others
When you are responsible for an accident while riding your motorcycle, you are in great financial danger. If you do not have adequate insurance to cover other drivers and their vehicles, your personal assets could be claimed to cover your legal burden. Here are the types of insurance that protect your assets from liability in the event of an accident:

• Bodily Injury insurance handles any medical expenses for injuries of others involved in an accident if you are discovered to be at fault. 
• Property Damage Liability pays for repair or replacement of other vehicles or objects damaged at your hands. A pole, a building, or any inanimate object struck by your bike would be included here. 

Other Insurance Options

• Roadside Assistance is an optional add-on to your motorcycle insurance that aids in getting you rolling again or safely towed to a repair facility in the event of a breakdown. Some insurance companies have roadside assistance policies that will even pay the labor charges for certain repairs that leave you stranded, such as a dead battery or flat tire. 
• Accessory coverage is another type of policy add-on and insures custom parts that would add to the standard value for that specific motorcycle are included. For example, a rider who has modified their motorcycle with an upgraded exhaust, custom paint, or navigation equipment would desire accessory coverage to be added to their motorcycle insurance. 

Motorcycle insurance should be part of your necessary equipment much like a great helmet. Being familiar with the types of motorcycle insurance available can help you choose the right type for your financial and p