Insurance Tips For First-Time Motorcycle Owners

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Before purchasing your first motorcycle, ensure you shop around for coverage. Finding a broker with expertise in bike insurance as well as comprehensive loss/damage coverage are both key.

Liability only policies tend to be cheaper; they only cover other people’s property damage and injuries in an accident that you cause, while full coverage policies usually cost more but provide greater protection.

Get Coverage Before You Ride

As with car ownership, having adequate motorcycle insurance is just as essential. Even if you only ride occasionally, it is still wise to invest in liability coverages, additional accessories coverages and roadside assistance plans. Medical payments coverage (which may not be required in all states) provides for medical costs regardless of who was responsible in an accident.

As with car insurance, several factors such as your bike’s age and experience can impact its premium, so it is wise to shop around. Incentive programs like training course discounts, multiple bike discounts and organization member discounts could save money. Also remember to cancel auto-renewal in plenty of time in order to avoid paying twice for two policies!

Make Sure You Have Comprehensive Coverage

As soon as you purchase a motorcycle, comprehensive coverage should be an absolute priority. This type of protection safeguards against damage that might occur outside of an accident scenario – like fire and theft.

Medical payments or personal injury protection is also something to keep in mind, covering any medical costs if you’re injured while riding your bicycle. Furthermore, this coverage can cover you in case of an accident with someone uninsured or underinsured; picking up where their liability insurance leaves off.

Be sure to speak with an experienced broker familiar with motorcycle insurance before purchasing one for yourself. A broker can assist in helping determine what coverage best fits your new bike before offering competitive quotes at affordable rates. Compare premiums, deductibles, customer service quality and costs before selecting your preferred policy provider.

Get the Right Coverage for Your Bike

Purchase of a motorcycle requires not only financial considerations but also careful thought of its insurance needs. Like cars, motorcycles require liability, collision, and comprehensive policies to protect both riders and their property from accidents and any related liabilities.

At the forefront of all requirements is having sufficient liability coverage. Your bank may also mandate full coverage including collision and comprehensive, should they finance your bike purchase.

Collision and comprehensive coverage protect your motorcycle against damages that result from events other than accidents, such as theft and weather damage. While not required by law, collision and comprehensive coverage should still be in place just in case it ever gets damaged or stolen; many insurers also offer lay-up coverage when you store it over winter months.

Keep a Clean Driving Record

Though riding a motorcycle can be thrilling, it is still essential to follow all applicable road laws and maintain a clean driving record in order to minimize its effect on insurance premiums. Furthermore, it may be wise to purchase a Vehicle Service Protection plan for the duration of ownership.

Last but not least, do not forget to report any engine upgrades as these can affect your coverage. Just as with cars, insurers use driving and riding records as indicators of risk; so the more you can do to maintain a positive record the better your rates may be. Reach out to Pethel Insurance Group of Kannapolis NC now in order to create a customized motorcycle policy! We look forward to working with you!

Don’t Forget to Report Engine Upgrades

Even if you’re an excellent driver with an impeccable record, engine upgrades should always be reported to authorities. Faster bikes increase the risk of accidents. To further safeguard against theft and reduce accidents further, add security features that help make your bike less susceptible.

Riding a motorcycle differs significantly from cycling, and will involve a learning curve. To prevent accidents, practicing defensive driving is the key – remembering other motorists could be sleepy, distracted, or impaired means leaving plenty of distance between you and other drivers so if they slam on their brakes suddenly or try cutting into your lane unexpectedly, there will be time for reaction before something goes amiss.

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