- 80% of motorcycle accidents result in injury or fatality.
- It is estimated that 70% of motorcycle riders wore a helmet in 2020.
- Motorcycle accidents are more frequent on nights and weekends.
- Motorcycle safety courses often help you save money on insurance costs.
- Many insurance programs offer passenger coverage as well.
You can’t prevent an accident from happening, but you can be prepared. Some of the measures to help you prepare include taking a motorcycle safety course, wearing protective gear, and ensuring you have the proper insurance coverage.
What kind of policy do you need? How much coverage should you purchase? The best way to find the answers to these questions is to contact the trusted professionals at Brownell Insurance Center! With decades of experience and knowledge, we’re here to help you obtain adequate coverage for your unique needs and driving habits!
Motorcycle Insurance Requirements
Every state requires motorcyclists to have liability insurance. The exceptions to this requirement are Washington State, Montana, and Florida. However, Florida still has a financial responsibility law that requires motorcyclists to pay personal and property damages when deemed at fault in an accident.
Liability insurance pays (up to your set limits) for damages or injuries caused in an accident, as well as your legal defense if needed. Because the costs can quickly soar in the event of severe injuries, property damage, or lawsuits, it’s always in your best interest to maintain a liability policy.
Structure of a Liability Policy
Liability coverage is available in three forms in which you determine the limits:
- Bodily liability for one person,
- Bodily liability for all people involved,
- Property liability
A common example is purchasing a 10/20/10 plan. This means the insurance company will pay up to $10,000 in medical care for one person, $20,000 for all injuries, and $10,000 in property damages. For instance, assume you purchased the mentioned plan and were involved in an accident resulting in $30,000 of medical expenses and $15,000 in property damage. Out of pocket, you would be responsible for $10,000 in medical costs and $5,000 in property damage.
Before deciding on the liability coverage for your motorcycle insurance coverage, consider how much you can afford if the accident goes above the insurance coverage amounts.