What to Consider When Buying Motorcycle Insurance

On February 16, 2025 By newsroom Topic: Insurance Basics

Vehicle Coverage

Accessory Coverage: Ensures protection for customizations and aftermarket parts.
Motorcycle Valuation:
Covers added value from modifications.
Options for replacement cost or agreed value for totaled bikes.
Comprehensive & Collision:
Comprehensive: Covers fire, theft, vandalism, and non-collision damage.
Collision: Covers repair or replacement, regardless of fault.

Liability Coverage

Property & Bodily Injury: Financial protection for damage to others' property or injuries caused.
Uninsured/Underinsured Motorist:
Covers costs if the other driver has insufficient or no insurance.
Includes medical expenses, lost wages, and bike repairs.
Passenger Personal Injury Protection:
Pays for passenger injuries during an accident.
Often an add-on if not included in standard liability.

Claims Processing

24/7 Claims Service: Essential for quick responses anytime.
Mobile Filing: Allows discreet claim submission via app or online.
Call or Click Options: Multiple filing methods, ensuring convenience for all users.

Coverage Add-Ons

Rental Reimbursement: Covers car rental costs while your bike is repaired.
Towing & Transport: Pays for towing expenses after breakdowns or accidents.
Roadside Assistance: Covers services for flat tires, dead batteries, and other maintenance issues.

Pricing and Payments

Discount Options:
Safe driving, anti-theft devices, or driver training courses.
Lay-up policies for seasonal riders.
Flexible Payments:
Discounts for upfront payment.
Monthly, semi-annual, or annual payment plans available.

Customer Service

Rapid Responses: Quick claim handling during emergencies.
Easy Claims Filing: Simplifies the process for theft, damage, or accidents.
Supportive Agents: Calm, professional assistance during stressful situations.

Types of Motorcycle Insurance

Collision: Covers damage to your bike and the rider in accidents.
Comprehensive: Includes non-collision events like vandalism or natural disasters.
Custom Coverage: Tailored policies for highly modified or unique motorcycles.
Vintage Coverage: Protects collectible or classic bikes with guaranteed value for original parts.
Liability: Required by law, covering damages you cause to others' property or injuries.

Who Needs Motorcycle Insurance?

Weekend Warriors: Minimal coverage for occasional riders.
Everyday Riders: Comprehensive plans for primary transport users.
Tinkerers: Coverage for custom parts and modifications.
Collectors: Specialty policies for rare or classic models.

Top Features of Major Providers

Progressive

Wide range of products for all vehicles.
Customizable policies with competitive rates.

Allstate

Trusted name with extensive customer support.
Agent assistance to choose the best policy.

GEICO

Affordable insurance with flexible payment plans.
Great discounts for military members and safe drivers.

Markel

Specialty insurer for motorcycles, ATVs, and trikes.
Diminishing deductibles and agreed value coverage.

Foremost

Unique offerings like $1,500 safety gear coverage.
Replacement cost plus option for totaled bikes.

Dairyland

Protects accessories and custom add-ons.
Flexible payment options and guest passenger liability.

Safeco

Includes new Harley replacement as a standard feature.
Generous medical and safety gear coverage.

Summing it up

Motorcycle insurance is critical for protecting your ride, accessories, and passengers. Choose a plan tailored to your riding habits and bike type while maximizing discounts for safe driving and policy bundling. Ride safely!