MOTORCYCLE INSURANCE COVERAGE CHOICES

2007-03-08 10:33:40

( Health )



Coverage on liability, collision, no fault, service, and uninsured are the important motorcycle insurance coverage that a motorcycle owner should have. In a way, it is like a car insurance coverage with a bit of difference. These types of coverage are discussed individually below.

Liability Coverage

Insurance specialists recommend three times of the minimum liability insurance coverage that most States require for motorcycle insurance coverage. Liability coverage is used to cover expenses related to third party injuries that a motorist cause while driving his motorcycle. The recommended higher liability coverage is for the anticipated higher costs of hospitalization or even litigation whenever the third party goes to court to resolve amount of settlement.

The liability coverage package includes a guest passenger liability coverage that covers injury to passengers who ride at the back of your motorcycle. It covers injury that will be incurred by the passenger in times of accidents.

Collision Coverage

Collision coverage reimburses the owner of the motorcycle for damages caused to his motorcycle less the amount of deductibles. However, coverage is limited to the factory parts of the motorcycle. Thus, damages are not covered to fancy accessories that the owner added to his motorcycle. You need to pay additional coverage for this type of accessory damage.

No Fault Coverage

No fault insurance coverage covers damages to the motorist and his motorcycle regardless of whether he is at fault for the accident or not. It includes compensation for wage loss, medical expense, and mileage and replacement vehicles.

Service Coverage

This covers for any service that the motorcycle needs in terms of roadside assistance wherein the motorcycle needs to be towed to a nearest repair facility. Repairs are covered caused by mechanical or electrical breakdown, dead battery, flat tire, lockout, insufficient supply of fuel, entrapment in snow or other natural calamities.

Uninsured Coverage

Uninsured coverage covers the costs of damages to the motorist and his motorcycle when the one who causes the accidents does not have a motorcycle insurance coverage. It pays for wage loss you incurred while attending to the aftermath of the accident as well as medical bills you incur from the accident.


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