You've finally achieved your dream of owning a motorcycle. The next step is to make sure that your bike is properly insured. At Stewart & Tucker Insurance LLC, we help bike owners in Kentucky make intelligent insurance choices. Keep reading to learn more about motorcycle insurance.
Yes. Motorcycles fall under the same insurance laws as all other vehicles. To operate your bike safely and legally, you will need to have the minimum required insurance.
You could face legal consequences and fines if you fail to keep the minimum legal insurance on your bike. Driving without insurance is a crime.
In addition to legal consequences, if you have a wreck that damages your bike and do not have full insurance, repairs or replacement of your bike will be your financial responsibility. This could create financial hardship for you.
In most cases, you will need to purchase a specially designed-motorcycle insurance policy. Motorcycles require slightly different coverage than an average vehicle.
This is because a motorcycle poses a slightly different type of accident risk. Not only are motorcycles at a different risk level, but the motorcycle's driver is also at a different risk level. If you are in an accident inside a car, there is more to protect you from injuries. You do not have this benefit when driving a motorcycle. If you have an accident, your injuries will likely be much worse than those driving a car or truck.
This poses a greater expense to the insurance company.
You can opt for either full coverage or minimum coverage insurance. Full coverage insurance will provide money for damage to your bike and other vehicles involved in an accident and money for your medical bills in some cases.
If you would like to learn more, please get in touch with us at Stewart & Tucker Insurance LLC, serving Kentucky.