Do I need motorcycle insurance?
Absolutely. You don’t want to have to worry about your own safety, or that of your passengers or your motorcycle. You’ll enjoy your time on your motorcycle even more when you don’t have to be concerned about financial liabilities.
Motorcycle insurance can cover:
- Fixing or replacing a motorcycle that’s been in an accident, damaged or stolen
- Medical costs if you or a passenger is injured in an accident
- Legal costs if your motorcycle is responsible for damage or injury to others
Keeping your costs down
Your age, your driving record, where you live and the type of motorcycle you own, or being a graduate of a rider-training course are all factors in determining what your insurance costs will be .
Many companies offer discounts from 10 to 15 percent on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. Those who are under the age of 25 or who have already had accidents are usually considered a higher risk and may see some savings by taking this course. Maintaining a good driving record with no violations will also help reduce your premiums.
The type and style of motorcycle (such as a sports bike or a cruiser), the age of the vehicle, where you store your bike, and the number of miles you drive a year may affect how much you pay for your premium.
In many northern states, riders may save money by buying a “lay-up” policy. With a lay-up policy, all coverage except comprehensive is suspended during winter months.
Talk to your agent
Your Kahrl & Company Insurance Agent will help you find insurance that meets your specific needs. Consider the following as you prepare for your appointment:
- How much can I afford? How much should my deductible be? How much will I save if I raised my deductible?
- Are there discounts and special programs available?
- Will I receive a discount if I take a safety class, have multiple policies, store my motorcycle in a garage, or belong to a motorcycle association? Is there a mature rider discount for experienced riders? Availability and qualifications for discounts vary from company to company and state to state. What are the specific factors in my state and with Kahrl & Company?
- How much medical and liability coverage should I have?
- What is Kahrl & Company’s reputation regarding motorcycle insurance?
- What is Kahrl & Company’s process for filing and settling a claim?