Let’s face it; breakdowns are never planned and no one ever anticipates being stranded. Although it is smaller than a typical vehicle, and is considered a recreational vehicle, the risks for owning a motorcycle are quite similar to a traditional car. This form of coverage is unique in that it provides protection specifically with the motorcycle driver in mind.
What is motorcycle insurance?
This form of coverage is for motorcycles, mopeds and scooters. Whether driven occasionally or for commuting purposes, this form of coverage is necessary. Most plans offer both comprehensive and collision protections.
Who is it for?
Any person who owns a motorcycle should have adequate protection for their vehicle. This covers in the event of an accident or property damage. Any event, accident or illness that results in damage or loss will be covered for the owner of the motorcycle.
How does it work?
Lawsuits, medical expenses and property damage are all covered in this type of plan. Any damage resulting from an accident when a collision occurs is covered with this plan. Liability insurance provides coverage in the event of an accident where the policyholder is at fault. Treated as an option, it applies to passengers in the recreational vehicle insurance policy. Some passengers lack medical coverage, so the policy covers them in the event of an accident.
What are the advantages?
The key advantage to having this type of plan is having bodily injury and property damage liability coverage in the event of an accident or incident. This is particularly important if one is considered at-fault if the accident happens.
What are the coverage options?
Liability and property damage are usually required and cover the basics like medical expenses for injuries and repair bills. Comprehensive and collision coverage is for when the policyholder is deemed at fault. Total loss covers the suggested retail for the vehicle if it needs to be replaced. Any medical payments due as a result of an accident are an additional coverage option. Equipment coverage is for the enhancements of a vehicle. Trip interruption covers lodging, transportation and food if a breakdown or collision happens if one becomes stranded on a road trip. Towing coverage is treated similarly to emergency roadside assistance. Uninsured motorist provides the same level of protections as would be expected in an auto policy.
Recreational Vehicles Insurance policies cover motorcycles and similar vehicles when collision or some other type of accident occurs. Unique protections like trip interruption and towing are examples of feature options that provide another layer of protection for the driver. At the least, collision and liability requirements for the state must always be met.