Motorcycles are high-risk vehicles. Motorcycle riders are more likely to experience serious injuries during an accident. Not only that, but the motorcycle is more likely to receive more damage than other types of vehicle. Riding a motorcycle automatically increases risks to those who love the open road, making it a main reason why motorcycle insurance is a good idea. Bike riders need proper coverage for themselves as well as their bikes.
Insurance for motorcycles ensures owners, and ultimately their families, will be protected financially no matter who was at fault. Insurance coverage for motorcycle riders is similar to those for passenger cars, but targeted specifically for motorcycles.
Standard features include coverage for bodily injury and property damage liability. That means it pays if the policy holder is at fault for an accident. Uninsured/underinsured motorist coverage pays for injuries, damages and medical costs when the at-fault party is not properly insured. Standard medical coverage handles medical care received as a result of a motorcycle accident, regardless of who is at fault.
Depending on the insurance company, policyholders can tailor coverage to fit their needs. They might be able to add special add-ons like coverage for custom parts, towing and labor costs, motorcycle and off-road vehicle transport trailer damage and roadside assistance. The policyholder might also have the option to choose coverage limits and tailor the policy to their budget.
Some motorcycle insurance is tailored to the specific type of bike the policyholder owns. This can include traditional motorcycles and ATVs, cruisers, limited production cruisers, high performance motorcycles, street sport bikes, and scooters.