Motorcycle Insurance Policies
Motorcycle Insurance is required in almost every state. This kind of insurance protects a motorcycle and its owner in the event of some sort of loss. A "motorcycle" insurance policy also generally extends to cover scooters, mopeds, scooters, ATVs, golf carts, and even snowmobiles. It is suited for those who ride any type of motorcycle, be it a caf racer, dirt bike, or any two-wheeled conveyance in between.
There are a few kinds of coverage available for motorcycle policies. There is "total loss replacement" that is available generally for any new purchase of motorcycles in which the model is up to one year old. Older bikes are covered for their actual cash market value or an agreed upon value. "Bodily injury liability" protects the rider against damages if someone else is hurt or killed while the insured is operating the bike. This aspect of the policy also covers the insured with legal help should the other party in an accident sue. "Accessories coverage" is generally included in a policy that has comprehensive or collision coverage. This would cover any part of the bike including seats, saddlebags, radios, pedals, back support, etc.
Rental vehicle coverage is also often provided in the policy should the bike be out of service. The insured party can also choose to purchase transport trailer coverage which covers a trailer that is used to transport the bike. Other popular options include roadside assistance and trip interruption coverage for those with motorcycle policies. Roadside assistance enables the rider to utilize towing services when necessary and trip interruption help will cover any lodging, food, and needed transportation when the motorcycle is totaled or being repaired.
With motorcycle insurance, riders are given the peace of mind in knowing that their two-wheeled steed and its accessories are all protected in the event of an accident. It is also ensures compliance with most state laws. As always, it is highly recommended that the policy holder read and understand each aspect of his or her motorcycle coverage so as to be fully prepared if an accident occurs.