Personal Insurance
Motorcycle Insurance

Why do I need Motorcycle Insurance?

Whether you're an avid enthusiast or a first-time rider, touring cross-country or across town, having fun and protecting yourself financially is what it’s all about. Motorcycle insurance policies are designed around the unique exposure faced by owners, typically combining both liability and physical damage into a comprehensive policy. A specialized motorcycle insurance policy also means security and protection for both you and your investment.

When you drive, you are responsible for the safety of your passengers, your fellow drivers, other people's property, pedestrians and yourself. Motorcycle insurance helps you live up to that responsibility by ensuring your ability to cover the costs of potential damages or injuries. It also provides the financial responsibility requirement mandated by most states. Often, insurance is even a prerequisite to registering your motorcycle.

What does motorcycle insurance cover?

Coverage is similar to automobile insurance, combining property and liability coverage into one policy. Broad coverage is available for most motorcycles including, cruisers, street sport, touring, high-performance, and custom designed bikes. Motorcycle coverage is specialized, so it is important that you choose a sound, reputable agency such as Statewide Insurance Group to help you understand your options and choose the right coverage.

These coverages protect your passengers and fellow drivers:

• Liability Coverage
  Typically helps protect you for damages to others if you’re at fault in a covered accident.
   
• Guest Passenger Liability Coverage
  This coverage typically helps protect you for bodily injury to a passenger on your motorcycle, if you're at fault in a covered accident.
   
• Medical Payments Coverage
  Typically provides payment for reasonable and necessary medical treatment for you or another insured person after a covered accident.
   
• Underinsured/Uninsured Motorists Coverage
  Typically protects you for covered damage caused by drivers who don’t have insurance or don’t carry enough insurance.

These coverages protect your bike:

• Collision Coverage
  Typically helps pay to repair or replace your insured motorcycle after a covered accident. Statewide's Personal Lines Agents will assist you in determining the proper amount of coverage needed based on the type and value of your motorcycle.
   
• Comprehensive Coverage
  Typically helps pay for covered damages to your insured motorcycle resulting from a peril other than a collision, such as flood, wind, theft, and vandalism. This also includes loss from fire, cracked windshields, and falling objects.

These coverages customize your policy:

• Optional or Added Equipment Coverage
  If you purchase Comprehensive coverage, you can obtain coverage for loss to any covered optional or added equipment that is not included as standard equipment, or is not permanently installed by the manufacturer of your cycle. This could include specialized equipment, chrome, rims, or electronics.
   
• Towing & Labor Costs
  This coverage will typically reimburse you (up to the applicable policy limit) for your necessary towing charges should your insured motorcycle become disabled
   
• Rental Reimbursement
  If you have collision or comprehensive coverage and your insured motorcycle is being repaired or serviced due to a covered loss, you don’t have to be without transportation. . This coverage will reimburse you for your costs of renting a car from a rental agency or garage – up to your coverage limits.