Quote for Motorcycle Insurance

When getting a quote for motorcycle insurance, your agent will always ask what kind of coverage you are looking for.

Don’t get too overwhelmed! Coverages on a motorcycle insurance policy are very similar to those on an auto policy. Those coverages include:

• Liability coverage: This coverage helps pay for damages or injuries to others in the event of an accident for which the rider is at fault. It typically includes both bodily injury and property damage coverage.
• Collision: pays out minus the deductible when you “collide” with another object such as another vehicle.
• Comprehensive: pays out minus your deductible for things other than collision. For example, somebody steals your motorcycle, or a tree limb falls on it in the driveway.
• Medical payments coverage: This coverage helps pay for medical expenses for the rider and/or their passengers in the event of an accident, regardless of who is at fault.
• Uninsured/underinsured motorist coverage: This coverage helps protect the rider in the event of an accident caused by another driver who either has no insurance or insufficient insurance to cover the damages.
• Personal Injury Protection or PIP: This coverage pays for medical bills due to injuries sustained in an accident by you, your passengers or pedestrians.

After your basic coverages, many companies will throw add-ons or special coverages. These are very handy coverages and usually, cost little. Extra’s you might consider adding to your motorcycle policy might be:

• Trip Interruption – Imagine you have your sweet little Sportster out on the highway whizzing along, then boom you find yourself on the side of the road hundreds of miles from home, trying to figure out how you hit the car in the lane next to you. Trip interruption coverage pays for a ride and a place to stay if your bike is disabled due to a collision.
• Custom parts and equipment coverage/Coverage for your upgrades– one of the rites of passages for any motorcycle owner is making the bike your own. There is some coverage for custom parts and accessories on your policy usually up to $3000. However, all of the chrome parts, saddlebags and personal touches you add to your bike usually cost more than that. You can purchase additional coverage for accessories and upgrades, usually up to $30,000.
• Transport trailer coverage– will cover trailers valued up to $7,500.
• Roadside assistance: Imagine that pretty little rebuild on the side of the road, this coverage helps you get that beauty back to your garage.

Motorcycle Liability Insurance: Miniumum Required by Law

Not only is it a wise financial decision to carry it, but most states also require at least a minimum limits liability policy.

What is Liability insurance? It provides coverage to another party if you were to cause an accident. The limits are dollar amounts that the insurance company would pay in the event of a covered loss. Without liability insurance, you would be financially responsible for any injuries or property damage.

Minimum limits would be the lowest amount of coverage that a company offers, and are written as split limits. If you live in the state of South Carolina for example, your liability limits would look like the following:

Again, each state amount is different, so be sure to ask your agent what your state requires.

When you look at minimum limits compared to how much a typical hospital visit could be or how much cars and motorcycles cost in the area you live in, it might be a good idea to increase these limits.

You should also look into carrying uninsured/underinsured motorist coverage.

Uninsured/Underinsured coverage protects you in an accident with someone who does not have insurance. You also have coverage up to the selected limits in the event of a hit and run accident.

Before Getting a Quote for Motorcycle Insurance, know the basics: What The Policy Is Worth

Once you understand the coverages on your policy, your quote for motorcycle insurance will include your choice of monetary coverage. Familiarize yourself with how the policy will pay if your motorcycle is stolen or destroyed in an accident.  

If you need additional help with these feel free to contact us with any questions.  There are three valuations to choose from when the policy is taken out. They are:

Motorcycle Insurance Discounts

Your insurance agent is your expert, and they know what discounts to looks out for. Check out the potential discount options below and see if you qualify!