What is it?
Similar to Auto Insurance, Motorcycle Insurance is designed to financially protect you in the event of a loss. Motorcycle Insurance policies can cover motorcycles, dirt bikes, mopeds, and in some cases ATVs and golf carts.
- Liability (bodily injury and property damage): If you are determined to be at-fault in an accident, this coverage pays for the resulting medical bills or costs to repair the damaged property of the other party.
- Comprehensive: This coverage extends for damage to your motorcycle caused by non-collision events, like theft, fire, or hail.
- Collision: If your motorcycle is damaged in a collision, this coverage will pay to repair the motorcycle.
- Uninsured/underinsured motorist: This coverage will extend for your injuries and the injuries of your passengers if you are not-at-fault in an accident but the other driver either flees the scene or does not have insurance. Underinsured motorist coverage will extend if the at-fault party has insurance with liability limits lower than yours and it is insufficient to cover your injuries.
- Medical payments: This coverage can extend to pay for injuries you or your passengers sustain in an accident, regardless of who was at-fault for the accident.
- Roadside assistance: This coverage varies by carrier, but generally extends for towing, fuel delivery, tire change, jumpstart and lockout.
- Custom parts and equipment: This coverage can extend to cover non-original factory installed equipment, devices, accessories, and enhancements which alter the appearance or performance of the motorcycle.
How does it work?
- If you have a loss: Call us at (303) 597-1667 as soon as possible for claim assistance.
- Liability coverage is required when driving on public streets, but it is important even if you are only riding off road since you could still damage another person’s property or cause injury.
- If you have a lienholder on your motorcycle, the bank will likely require you to carry comprehensive and collision coverage.
- Most annual Motorcycle Insurance policies factor in the period of time you are able to ride in an average year and set the annual rate accordingly. If you are unable to ride in the winter months, the annual rate will reflect that.