Motorcycle insurance is a special insurance product for people who own motorcycles or 50cc+ scooters. Every state has different regulations for its scooters, but all states do require motorcycle insurance for motorcycle owners. The insurance covers the riders in the case of an accident, and it works in a similar fashion to automobile insurance. A rider would need to file a claim if he or she got into an accident. Some of the features of motorcycle coverage are as follows:
Bodily Injury and Property Damage
Bodily injury and property damage coverage pays for the physical injuries and property damages of another party if the rider is at fault for an accident. An insured person chooses the amounts while selecting the insurance.
Uninsured motorist coverage assists people who collide with uninsured drivers. It pays some of the bills for the non-faulty party.
Comprehensive and Collision
Comprehensive and collision coverage is coverage that pays for motorcycle damages. The driver’s fault does not make a difference on the payout. The rider would have to pay a deductible before the insurance company would make any payments. The insured party selects the deductible when he or she chooses the policy.
Roadside assistance is an additional feature that comes with some insurance policies. The feature provides help when a motorcyclist breaks down on the road. The person can receive assistance such as tire changes, fuel fills, battery charges, towing and more.
Additional Accessory Coverage
Additional coverage may be available as an add-on to comprehensive and collision coverage. It provides up to $30,000 of extra benefits for motorcycle repairs.
Medical payment coverage is a benefit that pays for medical bills whether the rider is at fault or not. The benefit can help with treatments, visits and medications.
A consumer will need to purchase motorcycle coverage before he or she can register the vehicle and ride on the streets. The insured person can choose to pay premiums every month, or the person can select annual, bi-annual or quarterly payments.