When you buy a motorcycle or a motorbike, you're probably really excited to get it on the road. You shouldn't, however, head out for that first ride until you've ensured that it's covered under your insurance. For those who are new to insurance for motorcycles, here are a few things that you should ask your agent about.
Does The Policy Include Both Collision And Comprehensive Coverage?
These are two distinctly different line items on your insurance. Collision coverage protects you if you're in an accident, while comprehensive coverage will provide protection for damage that's not collision-related, such as a falling tree, the bike falling over, or theft. Make sure that you have both lines of coverage and that you understand your deductible on each.
How Much Medical Expense Coverage Is There?
Getting into an accident on a motorcycle leaves you far more vulnerable to injuries than an accident in a car. For that reason, it's essential to understand your medical coverage limits. When possible, have your agent write a policy with the highest medical coverage limitations possible so that you know you're protected while you're also protecting anyone else you may injure in an accident.
Are The Customizations Covered?
Few things are customized and upgraded like motorcycles. Any time you add a new custom part or upgraded feature to your bike, you want to be sure that the replacement value on your insurance accounts for it. Otherwise, if you don't have documentation of the condition of the bike and the new features, you may not be reimbursed for those portions of the bike's investment in the event of a loss. Ask your agent how you document those upgrades to be sure that they're covered.
What Can You Do With Insurance When You Store The Bike?
Remember that, in most areas, your motorcycle will be stored through the winter. Your insurance agent should be able to provide you with an opportunity to suspend much of your insurance coverage through the storage season. For example, if it's stored somewhere and not on the road, you won't need the collision coverage or the liability coverage. You can often suspend those portions of your policy, saving you money while your bike's in storage without sacrificing the coverage you might need during that time.
For more information about your coverage options and how to make the most of your new motorcycle investment, talk with your insurance agent today or visit a site like http://www.wyattinsuranceca.com/.