Motorcycles offer a sense of freedom and thrill like no other vehicle. However, this excitement doesn’t come without its fair share of risks. At SouthPoint Insurance Agency, LLC in Minnesota, we recommend ample motorcycle insurance coverage to ensure you’re protected.
Types of Motorcycle Insurance Coverages
Not all motorcycle insurance policies are created equal. They vary considerably in coverage extent, depending on several factors, including the type of your bike, how often you ride it, and your riding history, among others.
Liability Insurance
In case of an accident where you’re at fault, liability insurance covers the other person’s property damage or bodily injury costs, helping you handle expenses that can otherwise be overwhelming.
Collision and Comprehensive Coverage
Collision coverage pays for the repair or replacement of your bike in the event of an accident, regardless of who is at fault. Comprehensive coverage, meanwhile, covers non-collision-based damage like theft, vandalism, or nature-related damage.
Additional Considerations
While the coverages listed above are often mandatory, there are additional options worth considering for complete peace of mind.
Uninsured/Underinsured Motorist Coverage
This coverage takes care of your expenses in an accident if the other party involved doesn’t have insurance or inadequate coverage to pay for your loss.
Personal Injury Protection (PIP)
PIP coverage pays for your medical bills, irrespective of who caused the accident, ensuring that you get the necessary care without delay or financial stress.
It’s important to understand the broad spectrum of motorcycle insurance before you hit the Minnesota roads. SouthPoint Insurance Agency, LLC, is here to ensure you receive the coverage that fits your needs and keeps you safe on your travels. Reach out to us today for a personalized consultation.
