It’s getting warmer outside and the days are getting longer, which means it’s almost prime motorcycle weather, good news for all of our bike owners out there! Before you even think about riding your motorcycle though, you need to make sure all of your insurance coverage is up-to-date and that you have all of the coverage that you need. Today, we’re breaking down the basics of why you should review your motorcycle insurance policy before taking to the road.
Some states require coverage
If you’re one of our Ohio readers, you are legally required to have motorcycle insurance, so keep that in mind before you even think of driving your motorcycle to work tomorrow. It is very important to check with an insurance agent and see whether or not your state requires you to have motorcycle insurance. The fact that most states do require motorcycle insurance is a prime example of why you should review your motorcycle insurance policy before taking to the road. Even if your state doesn’t require it, you should still look into insuring your motorcycle. Even if you choose to go with the most basic coverage, that could end up helping you out a lot if an accident were to happen.
There are different types of policies available
Not every insurance policy is the same and that is important to remember when looking into coverage options. You want to be sure that you understand what each type of coverage is before choosing what coverage you’ll pay for. We’re breaking down a few types of coverage here but it is important to realize that there are additional coverage options available and you should always discuss your options with an agent before choosing which you’d like to go with.
This policy offers you both bodily injury coverage and property damage coverage. This coverage can, for the most part, be summed up by saying that it protects you from having to pay someone’s injury or repair bills if you were to cause an accident. You don’t want to be tens of thousands of dollars in debt, which is why this is on our list of why you should review your motorcycle insurance policy before taking to the road.
Comprehensive and Collision Coverage
Comprehensive coverage basically helps you out with things that don’t involve a collision accident. If your motorcycle were to be stolen, this coverage would be the one that you would want to have in place to help cover the cost of a new one. If anyone vandalizes your motorcycle, comprehensive coverage may also help to cover repairs.
Collision coverage is pretty self-explanatory, but what it does is it helps you out in situations where you collide with another vehicle and damage your motorcycle. In this case, your insurance agency will help you cover repairs/replacements that need to happen.
Uninsured/Underinsured Motorist Coverage
If you are in an accident and the person on the other end of that accident doesn’t have insurance, you could be in trouble. What if you were on a nice evening ride and another motorcycle came around a turn too fast and collided with you? What if the owner of that motorcycle didn’t have coverage? This is just one example of why you should review your motorcycle insurance policy before taking to the road. If you were to find yourself in this position, you could end up having to pay all of your medical, motorcycle, and many other bills on your own. Don’t let this situation happen to you. If you get a good uninsured/underinsured motorist coverage policy in place, you won’t have to worry about this type of situation, because the coverage will help you out with things like your motorcycle damage, medical bills, and even lost wages if your injuries are more extreme.
You want to make sure your policy is up-to-date
If you got a new motorcycle or swapped your old one for something different, you want to make sure that your motorcycle insurance policy reflects that. If you haven’t made your insurance company aware of those changes then your new motorcycle is not covered by your policy and that could really hurt you if you were to get into an accident. Making sure your coverage is up-to-date and accurate is extremely important and is one of the biggest reasons why you should review your motorcycle insurance policy before taking to the road.
The bottom line is…
We say all of these things in this article to say… Insurance is extremely important. While it may not be “necessary” in a few states, it is something that you should really reconsider if you don’t have a motorcycle insurance policy in place. The cost of insurance doesn’t even compare to the cost of medical bills, motorcycle repairs, compensating for lost hours at work, and even more sad realities of motorcycle fatalities. Do yourself a favor and make sure you are covered for when disaster hits, because unfortunately it could happen at some point in your life.
Here at Cobos Insurance we offer many different plans that we can help you talk through in order to choose the best coverage option for you and your family. Click the link here to find out more about our motorcycle insurance policies and how we can help you choose the one that best fits your needs. We hope that this article helped you to better understand why you should review your motorcycle insurance policy before taking to the road and that you’ll do further research and find what works best for you.