Whether you're thinking about getting a motorcycle or you already have one, you may have a lot of questions about motorcycle insurance. After all, you probably already have car insurance. Why is motorcycle insurance any different?
Actually, there are some key differences. Here are a few reasons why motorcycle insurance is different from the auto insurance you already have.
Motorcycle Insurance Covers Unique Risks
Motorcycles can be especially vulnerable to certain damages, including theft, vandalism, and inclement weather. Even if you store your bike in a secure garage when not in use, you'll want protection against these risks.
In fact, that's why motorcycle insurance includes coverage that isn't typically part of auto insurance policies. It comes with additional risks you don't really have to think about in the same way with a car.
Motorcycle Insurance Costs Vary
Another factor that sets motorcycle insurance apart from car insurance is the cost. Motorcycle policies tend to be priced on a case-by-case basis, depending on the type of bike you own and how much coverage you want.
Your age and driving record also play a role in determining the rate for your policy. So, it's important to shop around and compare rates from different insurers to ensure you get the best deal for your bike.
You May Need Medical Payment Coverage
One thing that many motorcycle riders don't consider is medical payment coverage. This type of protection helps cover medical expenses if you or your passenger are injured in an accident. Injuries are often more severe for motorcycle riders.
This can be especially important when you're dealing with injuries that might not be covered by other insurance policies, such as health insurance.
You May Need Uninsured Motorist Bodily Injury Protection
Another type of coverage that's important for motorcycle riders is Uninsured Motorist Bodily Injury Protection. This type of protection could cover medical bills, lost wages, and other damages if you're injured by a driver who doesn't have insurance or can't be identified.
Although this type of coverage isn't mandatory for motorcycles in all states, it's a smart idea to add it to your policy if you can.
Check Out Your Motorcycle Insurance Options
Motorcycle insurance simply provides more specific coverage for your situation. So, make sure you understand the additional coverage options available when shopping for a motorcycle policy. They could come in handy if you ever get into an accident or experience theft or vandalism.
For more info, contact a local motorcycle insurance agency.