Motorcycle insurance is a must for all riders. However, do you know the difference between full coverage and liability-only policies? Here, we’ll break it down for you so that you can make an informed decision about what type of policy is best for you.
What Is Full Coverage Insurance?
Full coverage motorcycle insurance is just what it sounds like – it covers you, your bike, and any damage you may cause up to the limits of your policy. This type of policy typically includes collision and comprehensive coverage, as well as bodily injury and property damage liability.
What Is Liability-Only Insurance?
Liability-only insurance, on the other hand, only covers damage you may cause to another person or their property. It does not cover any damage to your own bike or body. This type of policy is typically much less expensive than full coverage but offers far less protection.
So, Which Type of Policy Is Right for You?
That depends on several factors, including the value of your bike, your riding habits, and your budget. If you own a high-value bike or ride often, full coverage may be the best option. However, if you have an older bike or you only ride occasionally, liability-only insurance may be sufficient.
The thing is, you’ll need to weigh the pros and cons of each type of policy before making a decision. If you’re still unsure which type of policy is right for you in Colorado, Integrity First Insurance can help you make an informed decision.
Give Us A Call
There you have it – a brief overview of the difference between full coverage and liability-only motorcycle insurance. As always, be sure to do your research and consult with an insurance agent before making any decisions about your policy. Integrity First Insurance in Colorado is here to help you find the right policy for you, so don’t hesitate to give us a call today.