Spending money on insurance is one of the least pleasant experiences of vehicle ownership, but it is something you can’t afford to go without. For those who like to cruise around town or on long country drives on a Harley or Indian, motorcycle insurance is a must-have. Here are some basics concerning this coverage.
It’s a Preventative
For any insurance coverage, it is better to have it and not need it, than to need it and not have it. Beyond the wisdom of protecting your financial interest, most states require a minimum amount of liability coverage for any motorcycle being registered. You avoid paying a fine, having your motorcycle impounded, and paying thousands to resolve an accident when you carry insurance.
It’s a Support
For those who carry minimum liability, it is only enough insurance to handle the aftermath of what happens to the other driver when you cause an accident. Though creates a cheaper premium, it doesn’t mean your own injuries or bike damage will be covered. With the right plan, you have the financial support needed to address bodily injury and property damage. When you compare paying for these costs against your premium, the insurance plan is the better deal.
It’s a Comfort
As you take your motorcycle to work and navigate crowded streets, it is comforting to know that you have the protection you need in the event of an accident. Though it would be a devastating situation, financial peace of mind means a lot.