Motorcycle insurance Rates

Motorcycle polices do vary from standard a car policy because they are designed specifically for a motorcycle.  Motorcycles have different risk factors than auto’s which is why motorcycle insurance rates can be higher.

Motorcycle policies offer some of the same types of coverage as an auto policy but they recognize that bikes have special risks.  With the provision of the proper coverages may come some additional costs but that feeling of freedom you get when riding your bike is worth the cost right?  Add that to the improved gas mileage and you’ll probably not loose any money.

Liability coverage is designed to cover you and your passenger in the event of an accident where you or your passenger may become injured.  The amount of liability you choose to carry over and above the amount required by law, is a personal decision based on your financial status. 

You should carry enough to protect your financial future but not more than you actually need which would just cost you money and provide no additional benefits.

You can purchase medical payment coverage, underinsured coverage, and uninsured coverage for your motorcycle as well.  Which of these coverages you choose to take is up to you.

A motorcycle policy will not only protect you it can protect your bike.  You can purchase collision coverage which will pay to repair or replace your insured bike if it is involved in an accident covered by the policy. 

A special note here – most motorcycle insurance policies do not cover you or your bike if you are off road and not on a designated road.  If you plan to take your bike off road you will need to inquire about coverage for that.

Comprehensive coverage is more important than ever with a motorcycle.  Comprehensive covers perils such as flood, wind, theft, and vandalism.  You will need to decide how much coverage and which coverage you need.

If you want you can also purchase coverage for towing and related labor costs, as well as coverage that will supply you with a rental car if you are involved in an accident and your motorcycle is not drivable. 

A good driving record is important because it will earn you substantial discounts.  If you add your motorcycle to an existing car or motorcycle insurance policy you may also be able to earn a discount.

Obtaining some certifications such as the Motorcycle Safety Foundation Rider Course could also save you money.  If you are a member of a motorcycle association such as the Gold Wing Road Riders or the Harley Owners Group you could qualify for an additional discount.  Ask your agent for exact details.

In just a few minutes you can obtain free insurance quotes online with no obligation.  Why not start saving today?