Motorcycle Insurance Articles
Motorcycle Insurance Costs As Part Of An Overall Family Budget
2010-10-19
Fitting your motorcycle insurance costs into the family budget should not take a Herculean effort. A few minutes of your time and a simple form should be all it takes for you to get great motorcycle insurance quotes that could make your bike less expensive to insure than the family's minivan.
There is nothing in the whole world that says freedom like a motorcycle. Cruising the open road with the wind flying through your hair, a motorcycle is undeniably one of the most fun ways to get from point A to point B. Certainly, it is dangerous, but then, just getting up in the morning is dangerous. That one fact, unfortunately, is why motorcycle insurance costs are so high.
If you "ride to live and live to ride," then you may want to look around for an online insurance comparison site and get new motorcycle insurance quotes just to make sure what you are paying now is the best policy for your money.
The competition between insurance companies for new business has resulted in phenomenal savings for many people, and motorcycle riders are no different. For new customers, there are special rates and incentives available, as well bonuses and discounts, from just about every insurance company out there.
You may want to take a minute to check that your insurance levels are right for you while you are getting those motorcycle insurance quotes as well. Most riders think that the state minimum requirements are all that are needed for a motorcycle insurance policy; however, that is a fallacy that can cause a lot of trouble for you later on down the road.
You need a minimum of $25,000 personal injury protection, $25,000 minimum liability, and at least an additional $25,000 guest rider liability to just cover you, your passenger and those people in the other car in case of an accident. Moreover, the truth is those numbers are not just low ball; they do not, in any way, cover your bike itself.
Medical bills can be very expensive, and if your bike goes down, you and your passenger may get hurt. You need enough injury protection insurance to make sure everyone is taken care of. You may also want to add collision insurance as well.
Collision insurance takes care of damages to your bike, including the tow truck if it is damaged or totaled and cannot be ridden away from an accident. In a car versus bike crash, chances are the bike will need help, so it is better to have the insurance that will cover it. Bikes are a lot of fun, if you ride responsibly and have adequate insurance coverage.