Motorcycle Insurance Coverage explained

There are quite a few different types of motorcycle policies. Not all of them are the same and because of this, you may have a hard time choosing the right motorcycle insurance coverage policy.

Motorcycle insurance coverage is not a choice for men and women who wish to ride their motorcycles. In order to be able to legally drive a motorcycle a person must have motorcycle insurance coverage. Fortunately, the law does not require drivers to purchase the most expensive motorcycle insurance coverage available. Drivers must at least have basic liability insurance. Liability insurance is required. However, uninsured coverage, underinsured motorist coverage, comprehensive coverage and collision insurance are generally optional.

Liability insurance is designed to cover any damage that has been done to property or any injury that someone has received due to an accident that was your fault. Although liability insurance protects other property owners, it does not protect your motorcycle.

If you wish to protect your motorcycle from being destroyed during an accident, you can add collision insurance to your insurance policy. Collision insurance is designed to cover your motorcycle in the event that you get into a car accident. Although type of insurance policy pays for any damages, the insurance company will not cover all of the damages. When you sign up for this insurance policy you will be asked to choose a deductible. The deductible amount will be the amount of money that you will pay for damages. Collision insurance covers your motorcycle even if the accident is your fault.

Comprehensive coverage is insurance that covers damages to your motorcycle that did not happen from an accident. For example, comprehensive coverage may pay for damages that were a result of theft, a fire and vandalism.

Uninsured or underinsured motorist coverage policy is designed to protect you when the accident is not your fault. If the other party does not have enough insurance coverage to pay for damages, your insurance company will cover the rest. If the other party does not have any insurance, your insurance company will cover everything. This includes lost wages, medical treatments and any other damages. Uninsured or underinsured motorist coverage also covers your motorcycle as well.