Motorcycle riders may possess a different kind of license and operate a different kind of vehicle than drivers of cars and trucks, but that doesn't mean that insurance is any less important. In fact, every motorcyclist should possess at least one type of insurance policy before they ever hit the road. If you have recently purchased a bike but aren't yet insured, take a look below for just three of the most important insurance types you should seriously consider.
Liability Insurance
Liability insurance is arguably the most important type of insurance you can have, primarily because it is mandated by law in most states. But even if you live in a state that doesn't require it, failing to carry liability insurance can be unbelievably costly. That is because liability insurance protects you against having to pay for damage done to another person or their property. One car accident can mean hundreds of thousands of dollars in damage is caused in the blink of an eye, which is all the more reason to take out a liability insurance policy before doing anything else.
Medical Payments / Personal Injury Protection Insurance
Thankfully, not every motorcycle accident involves injury to others or their property. Yet if you are injured as the result of a crash, then you will be stuck paying medical bills and other related expenses unless you have medical payments insurance or a personal injury protection policy. This kind of insurance means that you will not have to suffer huge financial setbacks in the wake of an accident, and can instead focus on complete recovery. Best of all, this coverage is in place regardless of which driver or biker is at fault.
Comprehensive Insurance
Sometimes called "comprehensive coverage" this type of insurance is not required by law but is wise to consider nonetheless. This kind of policy has you covered in the event that your bike is stolen, vandalized, or damaged in the course of a natural disaster. While you may think that the chances of your bike being lost or damaged in one of these ways is unlikely, one stroke of bad luck can leave you without any legal or financial recourse whatsoever.
If you are a new motorcyclist who wants to ride as safely and responsibly as possible, take the time to consider insurance policies that will save you time, money, and a lot of hassle. For more information, contact a motorcycle insurance agency near you.
