Motorcycle insurance is not just coverage to protect your bike from accidents and collisions. While this is an important part of the insurance you have, it is not all of the protection you simply need to have before you start riding. Motorcycle insurance is also necessary for liability risks. In fact, as a bike owner, you may be required to maintain state required liability insurance just to hold a license to operate on the roadways. But, that is not enough coverage in most cases.
Why Adding More Liability Makes a Difference
As a motorcycle owner, you know that the biggest risks to you on the roadway are other drivers. Reckless driving, though, is a secondary concern. If you own a bike, you need to ensure you have adequate amounts of liability insurance in place. It can help you to avoid many of the risks you face. For example, if you are on the road and collide into a stationary object, you may be responsible for those costs. You may need to pay for repairs to those items, as well as replacing those costs.
Additionally, there is growing risk for motorcycle owners in accidents. If an accident occurs, the police as well as insurance companies will look closely at the cause of that incident. Motorcycle riders, even if they do not do so on purpose, can create situations where they cause the accident to occur. If this happens, you may be responsible for all of the losses the other person or people suffered, including medical bills, damage to bikes and even long-term care and lost time at work. This can be a very costly situation.
What Do You Need?
As a bike owner, it is important for you to turn to your agent to discuss the type and amount of motorcycle insurance you have. If you have general liability insurance coverage that is at the state minimum, realize that this may not be enough. The risks here are just as high as operating a traditional car. You may be found responsible for thousands of dollars’ worth of losses. For this reason, consider adding additional coverage to your policy to minimize the risk that you will be held responsible for paying these costs out-of-pocket.
Get the right amount of protection today. Call Salzberg Insurance Agency at (877) 757-6081 for more information on Florence motorcycle insurance.