Going for a ride on your motorcycle is just the pick-me-up you need after a slow start to your morning. You decide that you’re finally ready to putt around with your S.O. on the back, but before you give them the go ahead, you think twice: will your insurance cover their injuries if you get in an accident?
Not wanting to take any chances, you call up your insurance agent and ask. As it happens, your current policy does not cover other riders. You’re told you can upgrade your policy, but you don’t like the figures they’re giving you. Ultimately, you decide to look for a motorcycle insurance quote that’ll cushion your wallet and your riding partner. But now you’re wondering, what exactly does motorcycle insurance cover? If it doesn’t cover your riding partner, how well does it cover you? Here are 10 frequently asked questions about motorcycle insurance with answers brought to you by CoverHound.
10 FAQs About Motorcycle Insurance
Q: Does my motorcycle insurance cover my passenger?
A: This depends on the policy you have. Motorcycle liability insurance (the most general insurance type) will not cover your riding passenger in the event of an accident. To protect yourself and your passenger, it is recommended that you invest in comprehensive and collision coverage plans.
Q: Is motorcycle insurance required by law?
A: Yes, every state across the U.S. requires motorcyclists to carry some form of insurance, though keep in mind that the amount varies. Check with your state government’s transportation services department to learn more about your state’s motorcycle insurance laws.
Q: I race my bike at the track. Will my insurance cover track days?
A: This will again depend on the policy you carry. Some motorcycle insurance policies cover track days, and others do not. Every policy comes with its own set exclusions, meaning if your policy technically does cover track days, your claim can be denied depending on the type of accident you had out on the track.
Q: How can I get a discount on my motorcycle insurance premium?
A: All you have to do is ask your agent about discounts, it’s that easy!
Q: Do I have to have motorcycle insurance if I only have a learner’s permit?
A: Yes, you must carry a motorcycle insurance policy if you operate a motorcycle.
Q: What type of vehicles get in more accidents, passenger vehicles or motorcycles?
A: According to the Insurance Information Institute (III), motorcyclists are 27 times more likely to be involved in a fatal crash than passenger-vehicle occupants.
Q: Where can I get a fair motorcycle insurance estimate?
A: Right here with CoverHound!
Q: Is there such a thing as too much motorcycle insurance coverage?
A: No. Motorcycle—USA recommends that you carry more insurance than your state government has mandated. This will help you to be absolutely prepared should you be involved in an accident.
Q: Is motorcycle insurance expensive?
A: The average cost of motorcycle insurance per year is $519. Divided by 12 months, that comes to 43.25 a month. For less than $50 a month, motorcycle insurance protects you for thousands of dollars. No, motorcycle insurance is not expensive.
Q: Can I upgrade my policy?
A: Yes. All you have to do is discuss the policy change with your insurance agent.
Motorcycle insurance isn’t all that complicated. To find a motorcycle insurance quote that’ll make you happy, visit CoverHound today.