Evaluating Your Motorcycle Insurance Coverage Options

Driving a motorcycle can feel freeing and fun. But like cars, operating them comes with a certain amount of risk. While you are not required to have motorcycle insurance in Florida, it may be in your best interest to purchase a policy.

Having the right motorcycle insurance policy can help you have peace of mind knowing that you will be covered if you are ever in an accident. Each motorcycle and driver is different which is why there are a variety of policies available to meet your unique needs.

3 Areas to Evaluate When Choosing Motorcycle Insurance

It is important that you have a motorcycle insurance policy with the right coverage for your needs. The following are three areas to evaluate when choosing the best policy for you.

motorcycle insurance

#1: Liability coverage

In the event that you caused the accident, having liability insurance likely won’t cover your medical bills or bike repairs. But it may pay for the other individual’s property damage or medical bills.

There are two types of liability coverage you may want to consider: bodily injury liability and property damage liability. While bodily injury liability coverage often covers the other party’s medical bills it may exclude your passengers, so just be sure to double-check the scope of coverage with the insurance provider.

#2: Collision & comprehensive coverage

Collision and comprehensive coverage will often help you pay for any repairs that may need to be made to your bike or even a new bike if it was stolen or totaled in an accident. Collision coverage often comes into play if you need repairs or replacements that resulted from a collision.

Comprehensive coverage, on the other hand, may help pay for repairs or replacements if your motorcycle was stolen or damaged from forces outside of a collision, such as fire or hail.

#3: Personal injury protection

You are also subject to injury and medical bills resulting from a motorcycle accident. That is when personal injury protection, or PIP insurance coverage, is beneficial. PIP coverage helps to pay for injuries you may have sustained from an accident, regardless of whose fault it was. It can also help cover related expenses such as lost income or childcare costs.

Shop The Best Motorcycle Insurance for You

While motorcycle insurance is not required in Florida, having some sort of coverage can be very beneficial. There are several policies and providers to choose from, so it is important to evaluate your needs and budget to help narrow down your options.

Shopping for an insurance policy can often be a hassle and extremely time-consuming. At GWK Insurance, we help you find the best insurance policies to meet your unique needs and budget. Contact us today to help you find the best quotes for your insurance needs.