From a collision with another vehicle, to skidding on a slippery road, to vandalism, there are plenty of unforeseen events that can damage your bike, or worse, yourself, a passenger, or another driver. Through liability insurance, as well as other common features of an insurance policy, though, you can protect yourself from the ensuing repairs, medical bills, and replacement costs.
The majority of motorcyclists have liability insurance. For starters, it’s required in 47 states and it protects you from having to pay for the potentially pricey damages and medical bills of those involved in an accident in which you’re found to be at fault. Generally, a liability policy includes both bodily injury and property damage liability. Bodily injury covers damages from the injury or death of your passenger or the other driver, including medical bills, lost wages, and funeral costs. Property damage liability covers damages to another person’s property resulting from an accident, such as vehicles, homes, fences, storefronts, and pets. These coverages are standard for motorcycle insurance and are often paired together.
Additional Insurance Options
In addition to liability, a motorcycle insurance policy may also include coverage that protects you from damages if you’re not at fault in an accident, or can be tailored to cover your specific motorcycle or riding habits. The specific terms of the coverage and its availability will vary by state. Some additional options include:
- Collision coverage. Covers damages to your motorcycle resulting from a collision with another object, such as a vehicle, building, or tree.
- Comprehensive. Covers losses due to theft, vandalism, hit-and-run accident, damages from hitting an animal, and natural occurrences, such as flooding, wind, fire, and hail.
- Roadside assistance. Covers repairs and assistance due to damages not due to a collision, such as a flat tire, dead battery, lockout, mechanical breakdown, electrical breakdown, inadequate fuel supply, or getting stuck in the snow, mud, water, or sand, as well as towing arrangements.
- Accessories and custom parts coverage. Covers items not originally installed by the motorcycle manufacturer, such as fairings, a sissy bar, safety guards, custom paint work, special tires, highway pegs, radios, custom seats, and luggage racks, in the event they’re damaged in an accident.
- Collector’s bike coverage. Insures antique motorcycles (typically 25 years or older) in the event of damage.
- Uninsured and underinsured coverage. Covers damages to your bike or person when the person at fault doesnít have enough insurance or any at all to cover them.
- Personal injury protection. Covers your medical and hospital expenses, lost income, disability expenses, and other replacement services in the event that you are hurt in an accident, regardless of who was at fault. Also known as First-Party Coverage or Personal Injury Protection.
- Medical payments. Similar to personal injury protection, covers medical expenses incurred by your and any guest passengers due to an accident, including costs incurred by an ambulance, hospital stay, X-rays, and surgery.
- Seasonal. Covers your bike only during the months that you ride it.