Motorcycles are gaining popularity in the United States, and with good reason. They’re fun, fuel-efficient, and convenient for many people who want the freedom that two wheels and a motor provide. Over 8 percent of people in the US own a motorcycle, but it’s crucial to have proper motorcycle insurance coverage before you hit the road for an adventure.
Driving the windy mountain roads and making the iconic trip to Sturgis, South Dakota, is part of the experience of owning a bike. You can only enjoy those exciting experiences if you understand and have different types of motorcycle insurance for your new investment.
The good news is that you’ve discovered this helpful guide to the best motorcycle policies for your motorcycle and personal well-being. Read more to pick out the best insurance to protect you after a motorcycle accident today!
Full Replacement Costs
Your bike will likely get damaged when you’re involved in a motorcycle accident. The best motorcycle insurance will cover your damaged parts for the full value instead of the depreciated ones. You’ll return to the road with a new bike and the same amount of money in your bank account.
Bodily Injury and Property Damage
Another essential motorcycle insurance coverage is bodily injury and property damage. Motorcycle accidents have an 80 percent injury rate, so you must find motorcycle policies to help you get back on your feet.
This form of coverage will pay for any damage to other vehicles involved in the accident. Your coverage will also cover medical bills to treat the other party’s injuries. You can even find policies that will provide funds to protect you should you face a lawsuit after your accident.
Bodily injury coverage is required in every state in the US. Find a policy that provides both these types of coverage for peace of mind. You can focus on your time on the bike rather than worrying about what could go wrong.
Uninsured Motorist Coverage
Uninsured motorist coverage is another form of comprehensive motorcycle insurance to purchase with your policy. There are thousands of uninsured drivers in the US, and you could find yourself out of luck if you’re involved in an accident with one. The best way to protect your health and wealth is with coverage against uninsured drivers.
Some drivers will pay for the medical bills and repairs out of pocket. Others will need more funds to repay you for the damage they’ve caused. You can eliminate all worry about getting motorcycle policies that protect against uninsured drivers.
If you’re worried about your future after an accident, consider hiring a motorcycle accident attorney. Their experience will help you get the protection or settlement you deserve after you’re involved in a motorcycle wreck.
Comprehensive and Collision
Comprehensive and collision coverage is essential when owning and riding a motorcycle in the US. Investing in comprehensive coverage means you’ll enjoy peace of mind after purchasing your bike.
Your insurance company will pay to repair or replace your motorcycle if it’s stolen. You’ll also get compensated if your bike is damaged in an accident.
You’ll also get a free replacement if your bike is ruined after hitting an animal or getting stuck in a fire. Shop for the best policy and find a deductible that works with your budget. You’ll get to choose your level of coverage with a comprehensive policy.
Medical Payments
Most motorcycle accidents result in injuries, so medical payments are necessary when owning and riding a motorcycle. Your medical payment coverage will pay to treat any injuries you or your passengers suffer after an accident. You can count on this money regardless of who is at fault for the accident.
If you’re riding and you fall off and break a bone, your medical payment insurance will cover the costs of treatment and X-rays. It’s a perfect complement to your existing health insurance coverage. Don’t risk your hard-earned cash when involved in an accident on your motorcycle.
Total Loss Coverage
Total loss coverage is a wise investment if you’ve purchased a new bike within the past year. You can get a new policy with a one-year-old bike. You’ll need to renew your policy to qualify for a bike under two years old.
You’ll get the full sticker price recommended by the manufacturer if you’re involved in an accident, and your bike is totaled. If you paid $18,000 for your brand-new bike and it gets destroyed, your insurance provider will give you the $18,000 to purchase a replacement bike.
If your bike no longer qualifies for total loss coverage, the best insurance companies will provide the cash value of your bike. Take your time with your wealth when shopping for motorcycle insurance coverage.
Roadside Assistance
Getting stranded after a motorcycle accident is many riders’ worst nightmare. You can avoid this dilemma by purchasing roadside assistance as part of your motorcycle policies. You’ll get help if your bike is disabled or broken down anywhere in North America.
The best insurance companies will tow your bike to a certified repair shop to help you get it running again. Adding other perks to your coverage to pay for hotel stays and food while your bike is getting fixed is also possible.
Carried Contents
If you’re using your bike as your primary transportation, odds are you have a way to bring contents with you. Those contents may get damaged if you’re involved in a motorcycle accident. Carried contents coverage replaces any contents you had with you that were destroyed or lost during your accident.
Find the Best Motorcycle Insurance Coverage Today
Getting comprehensive motorcycle insurance coverage is critical if you value your health and wealth. The average motorcycle accident results in serious injuries, but your medical payments coverage will help you with medical bills and treatments.
Comprehensive motorcycle insurance will repair or replace your bike if it’s stolen or damaged. It’s also wise to have uninsured driver coverage for peace of mind when on the road.
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