J.P. Morgan Agency Customer Resources
Motorcycle Insurance 101
(NAPS)—A motorcycle is a significant investment. Before you get your motor running and head out on the highway this season, you owe it to yourself to make sure your motorcycle insurance is up-to-date and you’re properly covered.
“Just as riding a motorcycle is much different than driving a car, riders should know that their motorcycle insurance needs are different, too,” said Rick Stern, motorcycle product manager, The Progressive Group of Insurance Companies.
Here are some tips:
Update your policy. First, verify that all your coverages are still in force. Be aware that some companies have a winter layaway period during which some cover-ages are restricted. Check with your insurance company to see if you currently have any type of limited coverage. Next, note any changes such as additional riders or a new garaging address. A quick call to your independent agent or insurance company will ensure coverage that reflects your current needs.
Consider additional liability coverage. If you have significant assets, it may be to your benefit to carry a higher limit just in case you are involved in an accident that causes injury to some-one else or damage to property.
Look into medical payments coverage. Medical payments coverage pays your medical bills as well as your passenger’s and is available in limits up to $25,000 in most states.