The Importance of Motorcycle Insurance
Just as when owning and operating a car, when you operate a motorcycle, you will need to carry insurance. Motorcycle insurance is specifically designed for motorcycles. Your insurance provider will need to know what kind of motorcycle you have in order to begin the process of obtaining the necessary coverage.
How It Works
Just like you would typically carry insurance for your car or truck, insurance for motorcycles functions similarly. When you are ready to buy your coverage, you simply provide your insurance company with information about your motorcycle, such as the VIN (or vehicle identification number) and then you specify the level of coverage you desire and enable the coverage by paying your first premium. As long as you continue to pay your premiums, keep your license in good standing and your registration current, you can ride the highways and byways with confidence, knowing that you have the proper protection.
Different Kinds of Coverage
Generally, there are three choices available for coverage of a motorcycle. There is bodily injury liability coverage that is normally mandated by law and which provides protection for you and others involved in an accident, should you be at fault. Collision coverage gives you financial protection for the repair or replacement for your bikes should you be involved in a collision with another vehicle, regardless of fault. Comprehensive coverage provides you with protection for your motorcycle from just about anything other than collisions. This would include damage from fire, severe storms, theft, dropped objects, vandalism and any animal-caused damage.
When you carry insurance on your motorbike, you will be able to avoid any penalties that the law might otherwise inflict upon you. And, of course, you will be the beneficiary of financial assistance should you be involved in any kind of accident or some other mishap. Bottom line is that you are safeguarded from most events that can, without insurance protection, result in you having to pay for everyting out-of-pocket. Motorcycles are expensive. It just makes sense to protect them.