You’re out for a leisurely Sunday ride on your motorcycle when, out of nowhere, a car pulls out in front of you and you’re forced to lay your bike down to avoid a collision. The other driver is at fault, but is their insurance going to cover the damages to your motorcycle? What about your medical bills?
At Grove Financial & Associates Inc in Mechanicsburg, PA, we’re here to help you understand your motorcycle insurance policy and what it covers. Read on to learn more about what motorcycle insurance covers and how it can protect you in the event of an accident.
What Does Motorcycle Insurance Cover?
Most motorcycle insurance policies will cover damages to your bike resulting from an accident with another vehicle, up to the limit of your policy. In addition, most policies will also cover your medical expenses if you’re injured in an accident, regardless of who is at fault.
Some policies will even provide coverage for lost wages if you’re unable to work due to injuries sustained in an accident. Whether or not your specific policy provides these additional coverages can vary depending on the insurer, so it’s important to read the fine print before signing up for a policy.
How Much Coverage Do I Need?
The amount of coverage you need will depend on several factors, including the value of your bike and how much you can afford to pay out-of-pocket in the event of an accident.
If you have a newer bike or one that is financed, you may be required by your lender to carry full coverage insurance, which will cover both damage to your bike and liability in the event that you cause an accident that injures another person.
No matter how much coverage you choose to carry, it’s always a good idea to have at least some form of motorcycle insurance. Not only is it required by law, but it can also save you from having to pay out-of-pocket for expensive repairs or medical bills following an accident.
Get Motorcycle Insurance Today
In short, yes – motorcycle insurance does typically cover accidents involving other vehicles. However, the amount of coverage offered can vary depending on the insurer and the specifics of your policy. It’s important to read the fine print before signing up for a policy so that you know exactly what kinds of accidents are covered and what isn’t.
At Grove Financial & Associates Inc in Mechanicsburg, PA, we can help you understand your motorcycle insurance policy and make sure that you have the coverage you need to protect yourself in the event of an accident. Give us a call today to learn more.