Guidelines on Michigan Motorcycle Insurance

2007-03-08 10:33:40

( Insurance )



In the state of Michigan, bike owners must have the minimum required amounts for Michigan motorcycle insurance coverage for bodily injury, property damage and for all injuries sustained by all passengers and its driver for each accident. Buying comprehensive bike insurance provides more coverage for medical treatments. In addition, salary losses up to a certain time period and coverage against theft are also included. Other optional insurance benefits may be purchased separately as you see fit, but will increase the price of your premium.

You may purchase Michigan motorcycle insurance coverage for the uninsured or underinsured, but this is not compulsory by law. Underinsured refers to injuring parties that do not have enough insurance coverage to pay you for your damages, while uninsured refers to injuring parties that do not have any insurance at all to pay you for your damages and/or injuries.

The state of Michigan is known as a no-fault state. This means that you cannot be sued by another party unless the cause of injuries have resulted in death, permanent body injury, or severe injury to the functioning of the other party’s body such as brain damage.

The cost of bike insurance can be more expensive than auto insurance because of the higher risk that it has against accidents. Michigan motorcycle insurance premiums and penalties can rise each time you get into an accident. Some bike insurance companies may refuse to provide insurance coverage if you have a record of motorcycle accidents, so it is strongly recommended that you take a motorcycle safety course to lower the risk of accidents. Attending a motorcycle safety course will help lower the premiums that you need to pay. Keeping your motorcycle theft free by installing anti-theft devices can also help lower the price of your premiums.

You must note that bike insurance will not cover for any damages or injuries, if the motorcycle is used to deliver goods. A commercial motorcycle insurance policy must be purchased for this purpose. Most bike insurance policies will not cover for any damages and/or injuries that are a result of motorcycle races.

Motorcycle insurance online quotes are easy to obtain on the Internet. You must look through different websites, so that you can shop and compare different insurance premium costs in order to obtain the best insurance rates.


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