What Does Motorcycle Insurance Cover?

Motorcycle insurance is a necessity for all motorcycle owners who want to operate their motorcycle legally. State insurance requirements may vary from state to state. However, it is legally necessary to carry motorcycle insurance just as auto insurance is a requirement. Laguna Hills, CA motorcycle should explore the states minimum requirements before deciding how much insurance to purchase. Speaking with a Friant Insurance Agency representative can be beneficial in determining how much insurance to purchase.

What are the Minimal Coverage Requirements for Motorcycle Insurance?

Most states will require motorcycle owners to carry liability insurance. This insurance will pay for injuries to other people and other peoples property. The coverage amounts are usually the same as the minimum coverage amounts for car insurance. However, some states may have additional requirements as well. Specific requirements will vary from state to state. However, you may want to purchase more than just the minimum required liability insurance in the event that something unforeseen happens, for example, being sued.  The bare minimum amounts of liability insurance may not cover legal fees and claims. Your assets may be at risk if this happens. 

What is Covered Under a Full Coverage Insurance Policy?

Full coverage motorcycle insurance is similar to auto insurance in that it includes both collision and comprehensive. Full coverage insurance covers both moving and non-moving accidents. It also covers bodily injury and property damage liability, in the event that you are determined to be at-fault for an accident.  This insurance will help you repair or replace a damaged or stolen bike. However, the insurance requirements may vary from state to state and some states may require additional motorcycle coverage, such as uninsured/underinsured motorist coverage. Full coverage insurance also covers misfortunes like vandalism, theft, and falling objects.

Know the minimum insurance requirements of your state and asses the needs that your motorcycle may present. If you own a new motorcycle, it may be in your best interest to purchase full coverage insurance to cover any damage to your motorcycle, in the event of an accident. Full coverage insurance would also cover non-moving accidents as well.