A Guide to Choose Motorcycle Insurance

“If you suffer an injury in an accident, there is no better way to protect you against loss than motorcycle insurance. Being fully covered means that you will not have to worry about penalties regardless of who was at fault”

Insurance left by the wayside can result in devastating consequences. Due to the risk of injuring yourself or someone else and having to pay out of pocket for health care and damages, insurance coverage should be a no-brainer. Driving without being covered means risking fines from anywhere between $5000 and $50,000, not to mention the inherent risks that come with driving a motorcycle.

How important is motorcycle insurance?

For many who rely on the freeways and roadways, America means freedom, and freedom means motorcycles. They drive not only to commute to work, go shopping, or pick up or drop off children at school, but also for an exciting experience with gas station snacks, Pandora on blast, and the wind in their hair.

How can you protect yourself on the road? The best way is to practice safe driving skills, adopt safe driving habits such as wearing all the necessary protective gear including a helmet and a jacket while riding, and follow the posted signs and laws, etc. However, with everyone zipping this way (the average driver logging more than 13,000 miles per year on the road), you cannot control the actions of other drivers and a higher likelihood for vehicle accidents and collisions cannot be avoided. Let’s face the obvious: no matter how careful you are, driving or riding a motorcycle comes with risks. This is where insurance becomes essential.

Some tips to find the best motorcycle insurance

Though there may be some states not allowing insurance companies to sell the coverage to motorcyclists due to their high rate of accidents, a lot of companies actually specialize in insuring motorcycles. While some insurance companies offer one or more as part of their standard policies, others typically offer add-on options. So as to find out the least expensive and most all-inclusive policy available, it is wise to check with your dealer and ask fellow motorcycle riders for recommendations or talk with your family members, friends, and others about their experiences with motorcycle insurance companies. These dealers’ specialists are well trained in helping you select the right and most suitable companies and policies for your personal specific needs.

Make sure that the insurance company is a good partner to motorcyclists. A good place to start this is checking the companies’ online sites and companies’ ratings with the Better Business Bureau (BBB) and searching forums for other rider's experiences as well as the insurance providers’ social media accounts and noting their basic customer service practices with other customers. If you find that the selected insurance company does not live up to your expectations, don’t hesitate to repeat this process to find a better policy.

Pick your level of cover

Motorcycle insurance stands out as a responsible part of possessing and operating a motorcycle. Fortunately, it is widely available and there is a policy out there to fit any rider's requirements. Make sure you know what you need to be covered so that you can discuss it with your insurance provider.

Shop around

Because coverage availability and details vary by state and motorcycle insurance rates can vary by as much as 50 percent between companies, make sure to get rate quotes from multiple competing motorcycle coverage providers (at least 3). In order to compare insurance quotes, the easiest and fastest way is shopping online.

Look for a bulk discount

No one wants to be involved in an accident, stopped for a ticket infraction, or pulled over for any reason, and nobody wants their quite pricey items like helmets, jackets, and other riding gear damaged or ever stolen. But, these worst scenarios happen every day, and they can happen to you as well. We all know that simply having coverage gives you peace of mind even in an unfortunate event.

Ask the company that insures your high-value properties and contents such as home, automobile, boat, etc., whether it is possible to receive a discount for insuring multiple items or not. In case you ever have to submit multiple claims (i.e., if you have a fire that damages both your house and your motorcycle), bundling your motorcycle insurance with your home and automobile insurance, also called multi-line insurance, can save you both time and money.

In order to make an educated decision when buying a motorcycle insurance policy, make sure you understanding the basic policies and how they work together to protect you.

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