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Trying to get away with not having motorcycle insurance?

Updated: Apr 27, 2020

Do you want to be left empty handed and responsible for a motorcycle accident without any financial support? Motorcycle insurance provides financial protection for loss, theft, or damage.

These policies include choppers, fast street bikes, “crotch rockets,” mopeds, and even Segways.

What does motorcycle insurance cover?

Some costs associated with the damage of your bike or you cause harm to another person, or a standard motorcycle insurance policy will cover their property. In other words, your motorcycle liability insurance will cover the cost of liability claims and legal fees, up to the maximum limits of your policy.

Ways to customize your policy to fit your needs

  • Add full replacement cost to guard against your bike being totaled.

  • Add comprehensive coverage. It pays for loss or damage due to anything that transpires when you are not riding it, such as hail, other weather damage, animals, and theft.

  • Add medical payments, in case you require medical care or hospitalization.

  • Add uninsured/ underinsured motorists coverage. This protects you against drivers with inadequate insurance with no solution to pay for your damages

  • Also, think about your upgrades when initiating a policy.

  1. Transport trailers

  2. Sidecars

  3. Custom exhaust equipment

  4. Safety apparel

Most importantly, find a balance between protecting yourself against the risks you face and your budget. It will be easier to get more coverage for less money if you are a safe rider with a good driving record.

Motorcycle Insurance. How much do you need?

Well, that depends on the bike you own and how much you plan to use it. If you have a racing bike or a super-sport motorcycle, A.K.A, a crotch rocket, your bike will cost more to insure.

In this case, increase the amount of motorcycle liability insurance as well as your coverage for hospital and medical care. Hopefully, you will not have to use it.

I am not a bike rider, but for some reason, bikes with extremely high horsepower-to-weight ratio engender riders to ride faster and weave between cars creating a higher risk of severe injuries to themselves and others.

If you plan on racing dirt bikes, consider increasing your coverages. The crowded tracks and close-quarters racing can create a high risk of injury, damage to your bike, and an increased risk of harm to a competitor.

If you need expert advice, use the linqrs app to find local agents that will help you compose a motorcycle policy that best protects you and your financial well-being.

Does it work the same as an auto insurance policy?

Yes. Damages caused to someone’s property is covered by your motorcycle insurance policy, up to the limits you chose. It also includes some portion of your legal costs if needed.

Any cost above the limits of your policy becomes your responsibility.

If you were thinking logically when you purchased the policy, your policy might also cover medical or hospital costs for you and all others. I have never seen anyone buying uninsured/underinsured motorists insurance and regret it. It would pay for the costs of an accident if a driver caused the accident who was not adequately insured. And trust me, there are plenty of them.

Comprehensive insurance covers losses not caused by a collision.

After a loss, file a claim and receive compensation up to the limit of your policy, minus the deductible.

For example, if you have a $1000 deductible, and you suffer 2,300 dollars in damages, you are responsible for the first $1000, and the insurance policy will pay the additional $1300 to complete repairs. When the damage amount is less than the deductible, no money is received for the claim.

Independent agents can help you customize a policy to protect against the threats that might concern you. Try using linqrs mobile app to find a local agent that is right for you and your family.

How much does motorcycle insurance cost?

A small Honda that is used for commuting and has a claims-free driving record may cost you a few hundred dollars a year.

In contrast, if you are a new teen motorcyclist and you are buying one of those fast bikes, get ready to pay you may pay $3,000 to $5,000 per year.

Let us get real. Motorcycle drivers face a higher risk on the road and create more bodily damage during accidents.

For those that might not agree

  • They are more challenging to see by other drivers.

  • Crashes result in a higher incidence of severe and fatal injuries

  • Easier to steal.

  • Recovery rates for stolen motorcycles are lower. It becomes reduced to just parts in a day.

Ways to save on motorcycle insurance

  • Buy an older bike with lower market value

  • Bikes with smaller engines under 600cc or cost-saving

  • Pass a Safety course

  • Remain claims free

  • Compare prices

  • Find all available discounts

Why is motorcycle insurance important?

It is essential because it protects you, others, your bike, and it is easier to steal then 4-legged vehicles.

They are also a lot easier to strip down once stolen.

Let us make this simple. If you are going to ride your bike on a highway or race it, stop vacillating by reading this blog and get insurance now.

Does motorcycle insurance cover theft?

Comprehensive coverage covers theft of your motorcycle at home, on the road, or during transport. It also pays for anything that might be stolen from your bike that exceeds your deductible.

Please keep a record of any add-ons or modifications you have made to your bike that increases its value.

Does motorcycle insurance cover other riders?

That depends entirely on your policy and your provider. If you bought only the cheapest minimum liability coverage, that would be a nope.

However, there are some loopholes. Is the rider a passenger, or did you loan them your bike? To be continued.

Where can I get motorcycle insurance?

linqrs mobile app is a great place to start. Why? Because the best place to buy motorcycle insurance is from a local, independent insurance agent who knows your area and the state requirements. Linqrs has a network of local agents. It is free to use.


Steve Leach

CEO and Co-Founder of linqrs mobile app, The Most Clever Way to Shop for Insurance. Former Insurance Agency Owner, College and NFL football coach.

linqrs is downloadable in the Google Play and the App Store.

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