Motorcycle Insurance Articles
Nuances of Motorcycle Insurance In California
2010-08-14
California, with over 1,100 miles of Pacific coast shoreline and twisted mountain road riding is like heaven for a motorcycle enthusiast. Riding down these roads on a motorcycle can be an exhilarating experience. However, if you are planning on owning a motorcycle in California, it is time for you get a motorcycle insurance quote. In California, motorcycle insurance is a must and if you don't have coverage, it could mean hefty fines. Motorcycle insurance in California is required by law and you must purchase at least a minimum amount of insurance.
The California Department of Insurance regulates all insurance companies in California, and you must be aware of the laws related to motorcycle insurance in California, if you plan on riding one. According to Proposition 213, passed on November 5, 1996, all drivers of all vehicles on public roads in California are required to have minimum liability insurance coverage of 15/30. That is, the insurance company is liable to spend $15,000 per person to cover bodily injuries and $30,000 for all injured people in one accident. $5,000 is to be paid in case of destruction of property.
In case of an accident, the person who caused damages over $750 is required to report the accident to the Department of Motor Vehicles. This must be done within 10 days of the accident, and requires the use of the Report of Traffic Accident Occurring in California form. This form can be found at any DMV office or on their website.
You will be breaking the law if you are riding a motorcycle without proper insurance. If caught without insurance you could be penalized and this can lead to loss of your driver's license, for up to a year. In addition, your motorcycle could be confiscated and sold at an auction. You could also be looking at fines of up to $2,000. To avoid all of these, it is probably a good idea to get a motorcycle insurance quote, if you don't already have one.
There are several factors that determine the rates and premiums for motorcycle insurance in California. These include, the policyholder's driving safety record, the number of miles the policyholder rides each year and the years the policyholder has had a license.
If you don't have proper motorcycle insurance it could lead to heavy financial, personal or professional losses, if there is an accident. There are several benefits to purchasing motorcycle insurance in California. In case of an accident, you are protected financially. The right insurance amount and type allows you to claim for damages to your motorcycle, for medical payments, for loss of wages and more.