Motorcycles Insurance

Motorcycles Insurance

A motorcycle owner and driver is required to carry the same minimum amounts of bodily injury protection, property damage and personal injury protection as any other vehicle. But motorcycles insurance companies often suggest different policies for motorcycle owners:

When inquiring about an insurance policy, an agent may give you a quote based on the minimum personal injury protection coverage (PIP) limit of $15,000, but with a $15,000 deductible. That means, unless you deliberately choose otherwise and pay an additional premium, you will essentially have no PIP coverage, as the coverage limit of $15,000 will be reduced to zero by the deductible. Consider other options which come at a higher premium but with lower deductibles.

A motorcycle insurance policy may provide only limited benefits. For example, a lower premium policy may provide medical and lost wage benefits for only those accidents which occur (a) on a highway and (b) when there is actual physical contact with another vehicle. To receive coverage for a greater range of potential accidents, you will likely have to pay higher insurance premiums. Ask your agent about the difference between restricted personal injury protection coverage and unrestricted PIP coverage.

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