Given the heightened exposure and inherent risks associated with motorcycles, having adequate insurance coverage is a wise and responsible choice for any rider. This type of policy may offer critical financial protection in the event of an accident or loss, allowing motorcycle owners to embrace the freedom of the road with more confidence.

Is Motorcycle Insurance Required?

Many states legally mandate riders to carry at least liability coverage when operating a motorcycle. Additionally, if you’ve financed your motorcycle, your lender will likely require you to have more than basic liability insurance. In most cases, lenders look for collision coverage, comprehensive coverage and sometimes gap insurance to safeguard their financial interest in the motorcycle until the loan is paid off.

What Does Motorcycle Insurance Cover?

While specific inclusions may differ, many policies can cover the following:

• Bodily injury or property damage you may cause to others while operating your motorcycle

• Repair or replacement costs to your ride after an accident, regardless of who was at fault

• Damage to your motorcycle for non-collision events such as theft, fire, vandalism or extreme weather

• Accident-related losses resulting from an accident with an at-fault driver who has little or no insurance

• Medical expenses for you or your passenger if an accident occurs

Can I Add More Coverage to My Policy?

If you’re seeking more financial protection, you can request coverage for accessories and aftermarket upgrades, which are typically not included in a standard policy. Nonstandard modifications, such as custom paintwork, performance exhaust systems and saddlebags, can be classified as custom or non-factory parts.

Our team at Tanenbaum Harber Insurance Group is available to help you explore coverage options for your specific needs. Contact us today to learn how to secure a policy that fits your lifestyle and riding habits.