If you are a motorcycle owner, you need to protect your bike with motorcycle insurance. Just like with other types of insurance, motorcycle insurance has different types of coverage that you can have on your policy. What is required, and what types of motorcycle insurance coverage are available? Guardian Insurance is happy to assist bikers in Omaha, NE and the Midwest region with all their insurance needs and queries.
What does motorcycle insurance cover?
Several things are included in motorcycle insurance if you have that coverage as part of your policy. Here are the types of motorcycle coverage that are available and what they cover:
Most states require a minimum amount of liability insurance. There are two types of liability insurance: bodily injury liability and property damage liability. Bodily injury coverage provides compensation for medical payments, pain, and suffering for the other party if you cause an accident. Property damage liability coverage covers the cost of repairing the other party’s property/vehicle if you damaged their property in an accident you caused.
Comprehensive and collision coverage
If you cause an accident, your liability insurance pays for the other person’s expenses, but what about your expenses? This is where comprehensive and collision coverage comes in handy. Collision coverage pays to repair your motorcycle if you were responsible for the accident. Comprehensive coverage covers damage to your bike from something other than a collision, such as vandalism, theft, or natural disasters.
Uninsured/underinsured motorist coverage
In most cases, if the other party is at fault for an accident, they are responsible through their liability insurance. While collision coverage and liability coverage seem like all you need, sometimes the other party is at fault, and they don’t have enough or any liability insurance. In this case, uninsured or underinsured motorist coverage would take care of the damage the other party caused.
Medical payments coverage
While collision coverage covers your vehicle in an accident that you are responsible for, medical payment coverage pays for your medical bills that resulted from the accident.
Reach Out To Us Today
To get a quote for your motorcycle insurance in the Midwest, contact us at Guardian Insurance in Omaha, NE.