All states, except Florida, Montana and Washington, require motorcyclists to obtain motorcycle liability insurance. This kind of insurance will pay for damages and injuries that a motorcyclist may be at fault for in an accident as well as any legal defense that may be needed for him or her. There are limits set for these payments. Each specific policy has the definite amounts in the policy coverage information. Motorcycle insurance is meant for all motorcyclists, even in those states where it is not mandated. The reason for this is simple: Costs associated with a motorcycle accident can quickly add up due to property damage, severe injuries and legal action.
The following is an overview of typical coverage available to motorcycle riders:
Bodily injury and property damage
This type of coverage pays for any expenses that come from the injuring of others due to an accident. It also pays for any property damage due to the accident.
This is what helps pay for the costs incurred from any personal injuries the rider may have had in the accident. It also can cover him or her for any lost income that results from being injured and unable to work.
Medical coverage pays for any treatment needed as a result of the accident. It also gives coverage for the medical costs of any passengers involved in the accident.
This coverage pays for a replacement motorcycle if the policyholder’s bike is stolen or totaled. It also can pay for parts and repairs needed in the aftermath of an accident. It also gives coverage for medical and liability costs to others involved in the accident, if the policyholder is at fault.
It is important to remember that if the costs associated with an accident go beyond policy limits, then the motorcyclist is personally responsible for these extra costs.