The warm spring and summer weather is almost upon us yet again, which can only mean one thing – you’re about to pull the tarp off that motorcycle that has been sitting in your garage all winter and head out onto the open road. But before you do, there’s one very important factor that you’re going to want to take care of before you kick that bike into high gear: Motorcycle insurance.
Do You Need Motorcycle Insurance?
In no uncertain terms, yes – the chances are high that you do absolutely need motorcycle insurance if you don’t already have a policy. Keep in mind that nearly all states require bikers to have adequate coverage before they’re able to register their motorcycle. More than that, you’ll also need to show proof of your motorcycle insurance policy before you can get a license plate.
The actual cost for motorcycle insurance will vary from state to state, and your rates will usually be dictated by the amount of coverage you have. In most states, you’ll need:
- At least $25,000 in bodily injury protection per person.
- At least $50,000 in protection per accident.
- At least $10,000 in property damage coverage.
Optional Types of Motorcycle Insurance Coverage
There are also a number of different optional coverages that you may choose to invest in depending on your needs. Many of the best motorcycle insurance companies offer things like transport trailer coverage, for example, that covers the trailer you’d use to tow your bike from location to location (valued at up to around $7,500).
Other types of optional coverage that you may want to consider include but are not limited to things like:
- Trip interruption coverage, which is exactly what it sounds like. If you’re far away from home and your bike breaks down, this would allow you to file claims for reimbursement in terms of your hotel accommodations, transportation (like towing) and even your meals.
- Coverage for custom parts. If you’ve always considered customizing your motorcycle, one of the best parts of owning a bike in the first place, this is definitely something you’ll want to look into. Motorcycle insurance companies can offer comprehensive and collision insurance for your custom parts and accessories, usually up to around $3,000, although you can always buy additional coverage.
- Roadside assistance. This often goes hand-in-hand with the trip interruption coverage outlined above. If your bike breaks down, you can get coverage for both the towing to get the motorcycle back home and the labor needed to get it back up and running again, too.
Takeaways
- Without a doubt, you need motorcycle insurance this spring. In fact, you’ll need it before you can even register your bike.
- The total cost for motorcycle insurance will vary depending not only on your coverage but on any optional policies you choose to explore.
- You can get optional coverage for things like custom parts, transport trailers and even roadside assistance, too.
Contact Marine Agency
At Marine Agency Corp, we’ve proudly offered coverage to residents in all 50 states (as well as Washington, DC) for many years. When you finally get your motorcycle out on the open road, nothing should stand in between you and the most exciting trip possible. As one of the best motorcycle insurance companies out there, our policies are designed to help you guarantee precisely that.
If you’d like to find out additional information about motorcycle insurance coverage options this spring, or if you have any additional questions you’d like to discuss with someone in a bit more detail, contact Marine Agency Corp.
