Owning a motorcycle is a dream for many. However, you must ensure that you and your bike are fully protected at all times. Riding on the road without insurance may not only lead to financial loss due to accidents, but it can also lead to fines or even license suspension.
A standard motorcycle insurance policy includes a minimum level of bodily injury and property damage liability that covers the costs of damage to others’ property and their medical expenses when you are at fault.
Whether you own a normal or a costly motorcycle, Anderson Insurance’s motorcycle insurance policy protects you and ensures financial safety with liability, collision, and comprehensive coverage options. Our policy is designed to meet all your financial and personal needs with easy-to-get coverage.
In the event of an accident, your bike may need repair and replacement of parts, you or your co-passenger may need treatment if you are injured, or you may be sued by someone who seeks compensation for injuries or damage. In all these scenarios, the costs can be rather high, and purchasing a motorcycle insurance policy ensures you are financially protected.
When you buy motorcycle insurance coverage, the following factors will be considered to determine the insurance policy cost:
You may, however, lower your premium costs if you are eligible for the various discounts offered in these cases:
Covers damage costs to your vehicle caused by collision
Covers loss or damage to your vehicle by covered perils
Covers towing charges and food, accommodation, and transportation costs if away from home
Ensures that OEM parts are used during repair work
Covers aftermarket parts and equipment for repair and replacement
Covers your accident-related medical expenses
Covers your personal expenses if you are injured
Covers replacement costs for a totaled bike
Covers your medical costs if the at-fault rider is uninsured or under-insured
Whether you ride casually for fun or are a hardcore biker, you must own motorcycle insurance. Besides protecting you from financial loss in the event of theft or an accident, it provides you with the peace of mind that enables you to enjoy your bike-riding experience each time to the maximum.
For more information on motorcycle insurance, contact our team at Anderson Insurance Affiliates LLC
