What Do You Need To Know Before Purchasing Motorcycle Insurance?

Posted on by agentinsure

A motorcycle insurance coverage protects you and your motorcycle against unforeseen financial loss. Apart from the protection, motorcycle insurance is also a legal requirement in Kissimmee, FL. Familia Insurance Agency’s motorcycle insurance also covers your medical bills, damage from vandalism, and theft. 

You’ll need to know a few things about motorcycle insurance in Kissimmee, FL before you decide the right choice for you. This article covers all the information that you need to know about motorcycle insurance.

Liability Coverage

This is basic and legally required coverage that most riders think of when they hear about motorcycle insurance coverage. A vital component of this coverage is the bodily injury liability which protects against any losses related to injury to a third party. It caters for medical bills, loss of wages, pain, and suffering for people you may injure or kill when an accident occurs. 

The second part of liability coverage deals with property damage that caters for repairs or replacing damaged property of other people caused by your motorcycle. You should consider buying more than the bare minimum amount of coverage required in Florida since you have a lot of assets to protect.

 Damage Coverage

This is coverage that is related to your motorbike’s value. For example, if you’re involved in an accident, and it’s the other rider/driver who is at fault, and he/she isn’t insured or is underinsured, the uninsured or underinsured motorist insurance comes in handy.

 Comprehensive Insurance Coverage

The comprehensive coverage will only pay for damages to your motorcycle resulting from any other eventuality which isn’t an accident. The damage can be as a result of a fire, vandalism, flood, collision with animals, or theft.  It is cheap, but it doesn’t apply in all situations as the name might suggest.

Have you just acquired the motorcycle of your dreams and you are ready to hit the road? Contact Familia Insurance Agency today for a motorcycle insurance coverage that will grant you a peace of mind as you enjoy your new ride.