Motorcycle Insurance

Like any motorized vehicle, motorcycles are susceptible to a wide variety of risks. Before taking your bike out for a ride, it’s essential to consider acquiring a motorcycle insurance policy. Having the right coverage can protect you from covering significant out-of-pocket costs related to aspects like repair and damage expenses following an accident.

How Does Motorcycle Insurance Work?

Motorcycle insurance operates like many other insurance policies. It’s essentially an agreement between you and your insurer in which you pay an insurance premium in exchange for financial assistance following an accident. You will commonly be required to pay a deductible for your policy, which is a designated out-of-pocket cost you’ll pay until your insurer steps in to assist you in covering the remaining costs.

What Does Motorcycle Insurance Cover?

While policies tend to vary depending on factors like motorcycle model and age, a typical policy might include some of the following coverages:

·        Liability coverage can help cover bodily injury and property damage that you may cause to other people if you are in an accident. This coverage is typically required in most states and may cover medical bills, lost wages and additional costs associated with repairing others’ damaged property.

·        Collision coverage can help cover damage to your motorcycle if you are involved in an accident. This does not include your deductible.

·        Comprehensive coverage can help pay for damage caused by events other than collisions. This can include fire, theft or vandalism. Such coverage can help pay for the cost of damage minus your deductible and will not exceed the face value of your motorcycle.

·        Uninsured/underinsured motorist coverage can help pay for damage to you and your property if you get into an accident with an uninsured or underinsured driver. Covered costs typically include medical expenses and lost wages, among others.

·        Optional equipment coverage can help cover additional or optional equipment on your motorcycle if you decide to customize it. These additions generally will not be covered under your comprehensive and collision coverage.

Additional or alternative coverages may be available to you. Contact Nancy Kuznieski Insurance Agency with any other questions you might have about motorcycle insurance.

Reach Out Today

If you live near Austin, Texas, we can help you out. The experienced agents at Nancy Kuznieski Insurance Agency are dedicated to helping motorcycle owners educate themselves about insurance policies so they can decide on adequate coverage for their bikes.

Reach out to our agency today at 512-871-0864.