Basics of Motorcycle Insurance

Basics of Motorcycle Insurance,

Motorcycle Insurance

Motorcycle insurance is like auto insurance, or any other form of insurance for that matter, in that your likelihood of filing a claim is directly related to paying more for your premiums. The difference between auto insurance and motorcycle insurance rests with the level of danger associated with motorcycles. Cars offer more safety features than motorcycles do, boasting mechanisms like crumple zones, seat belts, and airbags. Motorcycles offer very little in protection against the open road. The breezy speed that draws so many people to motorcycling is the same factor that makes it such an expensive lifestyle to ensure.

Another difference between automobile and motorcycle insurance is the nature of the claims made. When it comes to car accidents involving two or more vehicles, the damage is likely to be spread out among the vehicles. This makes automobile liability insurance, which covers vehicles other than one’s own, one of the most expensive forms of automobile insurance.

On the other hand, motorcycle insurance operates according to the premise that the rider and his bike are most likely to bear the brunt of the destruction in the event of an accident. Motorcycles are also more likely to be the victims of theft because of their size and accessibility. Motorcycle insurance attaches higher premiums to collision and comprehensive insurance than automobile insurance does. Collision insurance covers the damage to the motorcycle when it is involved in an accident with another vehicle. Comprehensive insurance covers non-collision related losses from things like theft, fire, floods and run-ins with animals.

One of the most important insurance protections for a motorcyclist comes from his or her health insurance provider. While some motorcycle insurers do offer medical coverage, commonly referred to as Med Pay, any benefits will be considered secondary to the motorcyclist’s health insurance. They will also be very expensive. The main concern for a motorcyclist when it comes to protecting life and limb is finding a health insurance policy that covers all possible exigencies to the fullest extent possible.