The Ins and Outs of Motorcycle Insurance.
Spring is here and it’s time to dust off your motorcycle and get it tuned up for the riding season. Besides looking over your motorcycle and making sure everything is up to par, it’s also a good time to look at your motorcycle insurance coverage and see if it could use a tune up as well.
Some things you should consider:
1. Does your motorcycle insurance policy have Guest Passenger and/or Supplemental Spousal Liability Coverage?
This is coverage for your passenger should they be injured while riding on your motorcycle. Some policies offer this automatically; others need to have this coverage added onto the policy. You’d feel bad enough if you hurt somebody you cared about while you took them out for a ride; make sure there is coverage in case the unexpected happens.
2. Does your motorcycle policy have Medical Payments coverage?
Medical Payments are an important part of your Motorcycle Insurance Policy. Simply put, the Medical Payments is what pays for your ambulance ride should you need one from a motorcycle mishap. This would not be picked up by your health insurance (ambulance rides for motor vehicle collisions are EXCLUDED from coverage on your health insurance plan). Make sure you have at least $1,000 of Medical Payments coverage, although we recommend more (average mercy flight is about $6100.00. Think about it. This would be a big expense to pick up if you are not covered).
3. Did you know that coverage on your motorcycle is significantly different than coverage on your automobile in the State of New York?
Did you know that as an operator of a Motorcycle (any vehicle with less than four wheels) in New York State that you ARE NOT afforded any personal injury protection as you are when operating an Automobile? Because of this we strongly advise that you carry higher limits of Uninsured / Underinsured Motorist Coverages. These are coverages for you as the operator, should you get hit by someone with little or no Auto or Motorcyle Insurance. THIS IS CRITICAL COVERAGE, increase these coverages on your policy.
4. Deal with an insurance agent that rides and knows motorcycles.
Of course I’m a little biased and I think I’m one of the better agents out there (I am), but if it’s me or another agent, you need to sit down with somebody and go over your motorcycle insurance line by line (really, you should do this with your auto coverages as well). You need to know what coverages you have, so that you have no surprises after a loss. Review your policy with someone you trust.