Motorcycle Insurance

Motorcycles are an exciting and fun means of transportation, but like any motor vehicle, there are risks and exposures. Even the safest and most diligent riders may not be able to compensate for the actions of others or certain dangerous conditions. Furthermore, while on a motorcycle, you may be at greater risk than others with whom you share the road. With these things in mind, the importance of Motorcycle Insurance is evident. 

What Does Motorcycle Insurance Cover? 

Motorcycle insurance functions similarly to a standard auto insurance policy that you might acquire for your car. After acquiring coverage and maintaining it by paying regular premiums, you may have access to crucial financial assistance in the aftermath of an incident. While specific details may vary, in general, an adequate Motorcycle Insurance policy will include coverage for the following: 

• Liability—If you are responsible for damaging another party’s property or causing them bodily injury, this coverage can help pay for resulting expenses, including medical care and repair or replacement costs.
• Medical payments coverage—Regardless of who was the at-fault party, if you or a passenger are injured in an accident, this coverage, also known as MedPay, can provide financial assistance for your health care costs.
• Personal injury protection—This coverage, also known as PIP, functions similarly to MedPay and may be available, depending on your location. In addition to helping with medical expenses, PIP may also reimburse injured parties for lost income and cover funeral costs.
• Collision coverage—If your motorcycle sustains damage from striking another vehicle or a stationary object, such as a building or fence, this coverage can help pay for repairs.
• Comprehensive coverage—This coverage provides financial assistance for losses arising from incidents not included in collision coverage, such as fires, theft, vandalism, weather events, falling objects or hitting an animal.
• Custom parts coverage—Some insurance policies may only reimburse you for the cost of standard parts. However, if you’ve customized your bike, this insurance can protect that investment.
• Uninsured/underinsured motorist coverage—If you are involved in an accident for which you were not responsible, this coverage can ensure your losses are paid for even if the at-fault party lacks sufficient liability insurance. 

In almost every state, including Texas, motorcyclists must show proof of insurance before registering their vehicle and receiving a license plate. 

How Much Does Motorcycle Insurance Cost? 

Like standard auto insurance, premiums for motorcycle insurance may vary based on several factors. In most cases, you can expect providers to consider the following criteria: 

• Location
• Age of policyholder
• Vehicle details (e.g., body type, make, model)
• Vehicle usage (e.g., annual mileage)
• Driving record
• Prior claims history
• Policy details (e.g., coverage limits, deductibles, number of people named in the policy) 

Get the Right Coverage 

Before you take your motorcycle out on the road, it’s crucial to protect yourself with adequate insurance. Regardless of how experienced a rider you may be, even a slight tire slip or poorly timed distraction could have catastrophic consequences. Without suitable coverage, your health and finances could be in jeopardy. 

If you are a motorcycle owner, it's important to know that the state of Texas requires all riders to have liability insurance. This type of coverage will protect you if you cause an accident that results in injury or property damage to another person. However, liability coverage alone may not be enough to fully protect you and your motorcycle. That's why it's important to work with an experienced insurance agent who can help you choose additional coverage options that will provide you with the level of protection you need.

Our agents are well-equipped to protect motorcyclists in the area. We will analyze your circumstances and work with you to build optimal coverage. Contact us today to get started.