Bike owners know they should have insurance, but how do you know that your policy is providing you with the protection you need? Here are some of the things you need to know in your search for the perfect motorcycle policy.
Types of Coverage
Much like auto policies, you are required to have at least liability insurance on your motorcycle. Beyond that, you have the options of adding collision, comprehensive and uninsured motorist coverage. Collision coverage will protect your bike in an accident, whether it’s your fault or not. Comprehensive coverage goes a step further and provides protection against theft, fire, vandalism and more. Uninsured or under-insured motorist insurance is your ally if you get into an accident that is not your fault, and the guilty party does not have adequate coverage to pay for damage to your motorcycle, medical needs or lost wages. The coverage you should have could vary drastically based on your bike and needs, so be sure to get the policy that's right for you.
There are many factors that go into determining your motorcycle insurance rates. Your driving history plays a large part, as do details such as the make, model, style and year of your bike. Higher deductibles can save you money on the front end, but have you spending more after an accident. Shop around to make certain that you’re able to get the most coverage for the least amount of money. You can save big by looking into available discounts, such as taking safety courses, joining an AMA-sanctioned motorcycle club, wearing helmets (in states where use is optional) and opting for a seasonal-use policy. Again, check with different companies to see what kinds of discounts they offer.
Many online agencies may seem like they are offering good deals, but in reality, they could have loopholes that make getting reimbursed difficult. Read the fine print and know what you’re really getting. The last thing you want is to get into a wreck and find out that collisions with blue trucks on Tuesdays are not part of your policy. Also, if you frequently transport your bike by trailer, make sure that the trailer is either covered by your auto or motorcycle coverage. The same goes for your safety apparel, such as leather pants, helmets and jackets.
The Bottom Line
Ultimately, you just want to be sure to take the time to thoroughly review any policy before you sign. Make a list of questions to ask the agent, and talk with him about any possible discounts, bonuses and incentives. When you’re out on the road with wind in your hair and bugs in your teeth, the last thing you want on your mind is questions about your coverage. If you need Fort Lauderdale motorcycle insurance this summer, give Pro Player Insurance Group a call at 855-367-7744. We are ready to answer any questions you may have and help you find the best insurance for you and your bike.