Motorcycle insurance is vehicle insurance specifically for motorcycles. But most insurers also include choppers, mopeds, and Segways in the motorcycle group. If you own one of these vehicles, then you’ll need motorcycle insurance to protect your investment.
The least amount of coverage you can have is liability coverage. This type of coverage is simply for paying for damages that you cause. Liability does not cover damages that you receive. When you have liability coverage, your insurer pays the victim for damages that you caused during an accident.
If nothing else, you should at least get liability coverage. But if you want more than liability, there are more comprehensive options.
Collision coverage pays for repairs to your motorcycle following an accident. It doesn’t matter who is at fault, but you’ll have to pay a deductible before insurance contributes. And comprehensive coverage is for damage that’s not the result of colliding with another vehicle.
You also might want to consider medical payments coverage. Not all states offer this option, but it’s worth checking out. With medical payments coverage, your insurer will help pay your medical expenses following an accident. Even if you don’t have health insurance, your motorcycle insurance will help with the expense.
Many motorcycle owners like to customize their bikes. This sometimes makes the biker safer or increases its value. If you’d like insurance coverage for your customizations, ask your insurer specifically about insurance for aftermarket parts.