“Why do I need motorcycle insurance?” This is a question that I hear asked from many people. Unfortunately, they do not know what to answer to this question. They either believe that their license to ride a bike is enough, or they are embarrassed to be seen on the road with a bike that belongs to someone else.
Importance of Motorcycle Insurance
Motorcycle insurance is a legal requirement in most states of the USA. In fact, it may also be part of your driving license. If you were issued a driver’s license you would also need to have motorcycle insurance. In other words, if you did not have insurance, you could easily be arrested and have your driver’s license suspended. If you want to drive legally, you need to have motorcycle insurance!
Types of Insurance
There are two types of insurance that you need when you have a motorcycle. You can either get full coverage insurance or liability only. Full coverage insurance covers all of the medical costs for any injuries that you or any passenger on your bike may receive in an accident. This type of insurance also covers you if you were to be hospitalized and they decide to cancel your policy or raise your rates.
Liability-only coverage is different in that it only covers damages to others’ property. It does not cover anything for the personal injury that you receive. This type of insurance is required by law in many states. If you get pulled over and the officer discovers that you are uninsured in your motorcycle they will often time give you a ticket for it.
So why do I need this type of coverage? First off it protects you in case you are in an accident. Even if you are just brand new to riding a motorcycle and you get in an accident you can potentially save your life if you have the proper insurance coverage. In addition, if you own a larger bike you will often time be required to get full coverage insurance because the insurance company will ensure your bike as well as yourself.
Why would I want to buy motorcycle insurance if I am going to be able to get medical help for free? Medical bills are very expensive when they have to be paid out of pocket. Many times people that are in accidents do not survive because they were not covered for their medical bills. This insurance will cover the medical bills of those that need to be covered regardless of whether they are insured or not.
What about people that are not insured? Some states require you to be insured even if you are not. If you drive a motorcycle and are not covered by insurance then you could end up having your motorcycle taken away from you because it is uninsured in an accident. You can avoid having to deal with this if you are covered by motorcycle insurance.
The most important question that you should ask yourself when wondering why do I need motorcycle insurance is what will happen if you are in an accident and you are uninsured? If you are not covered, you will have to pay all of the medical bills on your own. This could include hospitalization costs and surgery. It could also include paying for some damages to your vehicle. If you are not covered you could owe thousands of dollars in bills.
When asking yourself the question of why do I need motorcycle insurance, you should also take the time to research the different types of policies that are available to you. The type of coverage that you decide on will depend upon your budget and what you are willing to put out towards the policy. There are many insurance companies that will offer you different types of coverage for a price. The cost will be based upon the type of risk that you present as well as the type of bike that you have and where it is located.
There are also different types of insurance that will be different than others. For instance, there is liability insurance that will cover the cost of damages if you are found at fault in an accident. In addition to this, there is also property damage insurance that covers the cost of repairs to the property that is damaged in an accident.
Bodily injury insurance is another type of motorcycle insurance that will cover the cost of treating injuries to yourself or another party if you or they are injured in an accident. In the event of a fatal accident, this policy will pay the cost of funeral expenses and any other cost that is associated with death.
Some more important motorcycle insurance questions that you need to ask yourself why do I need motorcycle insurance? First and foremost, are you going to be driving your bike out on the open road? If so then you definitely want to make sure that you are fully covered in the event of an accident.
If you are just using your bike to go to work and do not plan on doing much on the road then you may be able to get by with liability insurance. However, if you are going to be riding through any dangerous or unpaved areas you will need to make sure that you purchase and carry adequate coverage. This type of coverage will provide you with financial protection in the event that you are found at fault in an accident and you are found not to be carrying proper coverage.
