- Liability insurance coverage is mandatory on all car insurance policies as well as motorcycle policies that are sold in each state. Liability insurance covers bodily injury and property damage that is suffered by others that are involved in an accident. This includes passengers of another vehicle or an additional rider on the motorcycle. There are limitations to this coverage such as exclusions for intentional acts as well as relatives that may ride the motorcycle.
- This is a type of coverage that pays for damage to a motorcycle for any type of damage that does not involve a collision. This can include fire, theft, and floods. A deductible is required before any payments are made when a claim is filed. This coverage may not cover optional equipment that has been added to the motorcycle such as a sidecar.
- Collision coverage will pay for damage to the motorcycle in the event of a crash or collision with another vehicle. This is one of the most common types of coverages that is purchased for a motorcycle and it is also subject to a deductible. The deductible can range from $250 up to $1000 or more, depending on what the insured chooses as a deductible.
- This coverage provides protection to a motorcycle operator when an accident is caused by another driver or operator who has inadequate insurance coverage. The driver may have no insurance or may not have enough coverage to pay for the damages that are sustained in an accident. Coverage will pay for lost wages, medical costs and other types of damages suffered by an operator or any riders or passengers.
- Exclusions are items or events listed on the policy that are not covered by motorcycle insurance, including stunts, racing or any type of illegal activity. Insurers that provide motorcycle policies may have the same or slightly different exclusions. A motorcycle policy will need to be reviewed to see what types of exclusions apply.
Liability Coverage
Comprehensive Coverage
Collision Coverage
Uninsured/Underinsured Motorist Coverage
Exclusions
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