A Review Of Motorcycle Insurance PDF Print E-mail
Written by Coleen Smith   
Sunday, 22 August 2010 16:48
Keep in mind that with any insurance policy, including Motorcycle Insurance, there is usually a deductible that has to be paid before the insurance company will pay the rest of the claim. At least you get to choose how much deductible so it can make for more affordable motorcycle insurance, but make sure you have it in the bank just in case you need it. Otherwise, Comprehensive and Collision coverage are going to pay for things when you have a wreck, regardless of who is at fault.
by ColeenSmith


Keep in mind that with any insurance policy, including Motorcycle Insurance, there is usually a deductible that has to be paid before the insurance company will pay the rest of the claim. At least you get to choose how much deductible so it can make for more affordable motorcycle insurance, but make sure you have it in the bank just in case you need it. Otherwise, Comprehensive and Collision coverage are going to pay for things when you have a wreck, regardless of who is at fault.

Just as an example, you are riding along and hit a car, then a fence, bounce off and hit a pole, then some other non-living object. No problem, your Collision coverage will pay for it.

Another scenario is where you hit an animal and crossed the road hitting a car and then a fence, then a river starts overflowing and floods your bike. While you swim to shore someone comes along and beats the heck out of your bike, steals it, then sets fire to it. Your Comprehensive coverage will pay the loss.

A person was injured during all that and had medical expenses when you took out the fence. Your Bodily Injury and Property Damage Liability just went into action and paid the bill, for the amount under the total limit you set up when you bought the policy. Remember when you choose liability limits that if the bill goes over that limit it could cost you everything over that, even your other assets.

When all of that wreck, above, was happening, you got injured, too. And, now you get to spend the next three years undergoing medical care. But, you know your Medical Payments Coverage is going to cover the expenses, unless you live in a state where they require your other insurance to be used up before this kicks in. There is a maximum this will pay, so ask all about it before you sign.

Now it is one of those days and you have a mechanical breakdown. Gotta pull over and see what is wrong. You call the number they gave you. A guy from the nearest qualified repair shop is on his way to fix things. Nothing to worry about, your Roadside Assistance coverage is going to pick up the tab on all of this expense, and you will not have to pay a single coin to get back on your way. Oh, and, after you leave you end up trapped in the snow, mud and slopping around in the water mixed with sand just 100 feet off the road, and the trailer you are pulling has a wheel lock up. Still not a problem. Roadside Assistance comes to the rescue. Twenty four hours a day, seven days a week you have this protection and usually for just a single George Washington a month.

Here is another story about someone who really decked their rig out with lots of neat stuff and looks way cool, but some where along the way something goes missing and you turn in a claim. Sure enough, it was covered under the Accessory coverage you bought just before you signed the dotted line. Now you are glad you did, it just covered this claim.

Now for the disclaimer. No fences, animals, people or motorcycles were harmed, injured or in any way destroyed in the above stories. They were just glimpses into the possible future to make a person think before they buy Motorcycle Insurance.

DISCLAIMER: This article is provided as information only and is not to be taken as financial advice.

If you own a motorcycle, then you definitely need to compare motorcycle insurance. There are many motor bike insurance quotes waiting for you right now.