One of the things that seems to go by the wayside when dreaming of that new bike is the fact that you WILL need to insure it! Sometimes we forget that there are a lot of peripheral expenses when owning a bike and they need to be accounted for before actually signing on the dotted line at the dealership. While almost every carrier that provides automobile insurance will also carry motorcycle insurance, it is best to shop around for the best price for full coverage. After all, that bike is the love of your life and you will surely want collision and comprehensive. As a matter of fact, if you have a loan on the bike, the lender will require it!

Motorcycle insurance even has optional accessory coverage as well as Bodily Injury and Property Damage Liability, Medical Payments and Roadside Assistance should that bike ever breakdown or become disabled on the road. (I know, bite your tongue!) Also, take into consideration the type of bike you have. Policies to look at would include Scooter Insurance, Dirt Bike Insurance, Motorcross Insurance, Classic Motorcycle Insurance, Moped Insurance and even Trike Insurance.

If you are a seasoned biker then you know that these variables in policies and coverages exist – but for the new bike owner, these might be things that aren’t taken into consideration. The cost of the policy will obviously be contingent upon the coverage as well as the driving record of the bike’s owner. Whether you buy the bike ‘paid in cash’ or not, always have adequate coverage just ‘in case.’

Categories : Insurance