Protecting Your Beloved Possessions

Four Motorcycle Insurance Options You Should Consider Buying

If you own a motorcycle free and clear, there is only a certain minimum coverage you need to purchase according to your state's laws. But if you decide to do this, you may be making a mistake. Certain optional motorcycle insurance coverage can be very important, more so than with a car. The following are a few examples of optional coverage for your motorcycle that may benefit you.

Certain aspects of comprehensive coverage

Even if you decide not to have collision coverage, there are aspects of comprehensive coverage that you need to consider adding to your policy. At the top of the list is theft. If you have an older model motorcycle that you don't think anybody would steal, think again. Motorcycles are routinely stolen for their parts, especially older models. You should also consider getting coverage for damage to your bike that is not related to a collision. This includes damage from the weather and vandalism.

Medical coverage

This coverage is for medical expenses that you have after an accident that was your fault. The importance of this coverage is that it may pay for expenses that your current health insurance will not. One example is dental coverage. When you are in a motorcycle accident, it is quite possible that you may have issues with your teeth that you would normally have to pay out of your own pocket. Prescription drugs that are needed after an accident is another example. If the accident is bad enough, you may need home nursing care that your motorcycle insurance can cover. In general, the advantage is that your policy can cover out-of-pocket medical expenses, including deductibles for your health insurance policy.

Reimbursement for a rental

If your motorcycle is your only means of transportation, then you will need a temporary replacement vehicle while your bike is being repaired. Sometimes this can take some time while insurance companies sort things out and process a claim. When you have this additional coverage on your policy, you will be paid the amount needed to rent a car.

Roadside assistance

This is just like the assistance you would have for a car. It includes simple things like a jump start for a battery, gas for your motorcycle, a flat tire or even a lost key. And if the issue is something that cannot be fixed on the spot, a tow truck can get your bike to the nearest service shop for motorcycles.

If you haven't purchased a policy yet, you should give the options above consideration. If you already have a policy, you can always get a quote on adding one or more options to your existing policy.