How Does Motorcycle Insurance Work?

​In general, motorcyclists only have a helmet for their safety and protection compared to other drivers inside their enclosed vehicles. Setting aside the advantages of driving a motorcycle, there are many more risks involved besides not wearing a helmet. For one, motorcycles are more prone to acquire substantial damages in case of an accident. 

This is why it is extremely important to have motorcycle insurance. You will have financial protection in the event of loss, damage, theft, or injury. It also protects other people who suffered from the accident. 

When it comes to motorbike racers, obtaining motorcycle insurance becomes, even more, a necessity.

How Much Does It Cost?
The net price of the motorcycle determines the insurance premiums. But, there are several other factors that can affect your motorcycle insurance rates. These include:

• Type of motorbike
• Modifications
• Riding history
• Security features
• Do you reside in an area with a high rate of vehicle crimes?

What Does It Cover?
When you purchase motorcycle insurance, you will have protection against any kinds of circumstances. The amount of protection you can get depends on what is included in your coverage. 

Check with your insurance company if they offer coverage for your motorcycle as they may have another label for this.

Motorcycle Liability Insurance Coverage
If you have caused the injuries and damages due to a motorcycle accident, you are legally responsible for them. Therefore, make sure you have these standard coverages. 

• Property Damage Liability. If you have this coverage, your insurer will pay for the replacement or repair of the property or vehicle of another party. 
• Bodily Injury Liability. Your insurer will pay for the medical expenses in accordance with your insurance premium. 

About Coverage Limits
As with any other insurance policy, your motorcycle insurance also has limits. Your insurance carrier will only pay for the injury and damage up to a certain amount. You may choose to get a higher limit, but expect to pay more for your premiums. But in the long run, it is a good move as it minimizes the headaches of paying more later. 

Motorcycle riders are more likely to obtain injuries or die in a road accident compared to other motorists. Make sure you have the right protection by buying motorcycle insurance. 

At Family Auto Insurance Agency, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (313) 285-9042. Get your free quote today by CLICKING HERE.