What Type Of Motorcycle Insurance Do You Need?

by Administrator 12. December 2014 14:55

If you own a motorcycle then it is mandatory for you to get the motorcycle insurance. Riding a motorcycle without valid insurance coverage is illegal and you may face conviction for it. However you need to understand the different types of motorcycle insurance covers available in the market as every rider has different needs and usage of the vehicle. Thus it is essential that you access your requirements in order to decide the type of insurance that you should buy.

Here are a few different types of motorcycle insurance:

  • Fully Comprehensive: This is the costliest type of cover that offers maximum security. It covers you against damage to a third party and their property, bike being set on fire, being stolen, and any type of damages to the bike due to vandalism, flooding, etc.
  • Third Party Only Insurance: This basic type of motorcycle insurance covers you against the damage to a third party’s property, or themselves in case you are involved in a collision. It does not cover motorcycle repairs or any medical bills for injuries that you suffer due to collision. The insurance will also not cover you against your bike being stolen or set on fire.
  • Third Party Theft & Fire: This insurance type is similar to third party only insurance. The only difference is that it covers your bike for fire and theft. It also pays for the retrieval and restoration of your bike after damages.
  • Personal Injury Protection: This insurance cover pays for the medical costs to you and the co-passenger without considering who was at fault.
  • Bodily Injury & Property Damage Liability Coverage: It covers damages incurred by the other party when it was your fault.
  • Custom Parts & Equipment: This insurance policy covers the custom parts and equipment that you have use in your bike.

The insurance price is less for bikes that are parked in a secure place as is for bikes with an alarm system and lower mileage. If you have completed a motorcycle-riding course from any institute then also you can claim a low priced insurance. However you must take good care of your motorcycle and keep your driving record clean to ensure that you get a cheap quote from the insurance provider. The type of coverage also depends upon the state where the bike is registered. Also most insurance providers do not offer coverage for modified and custom bikes.

we, at Shawn Camp Insurance Agency, Inc. provide unmatched motorcycle insurance deals to the clients in Killeen, TX. We have customer centric approach and offer different types of insurance covers to suit all motorcycle riders.

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