Motorcycle Insurance- What’s Covered and What Isn’t?

Why do I Need Motorcycle Insurance in Lakewood, CO?

Motorcycle insurance is a necessary protection for the motorist and anyone that they may hurt, as well vehicles that they may potentially damage on the road. A motorcycle insurance policy will back you financially in case of an accident, damage, or loss or theft of your motorcycle. Coverage is applicable to choppers, street bikes, mopeds, and Segways. Colling Insurance Services Inc. understands the ins and outs of motorcycle insurance and can guide you toward purchasing the right policy for your bike.

What Will a General Motorcycle Insurance Policy Cover?

A general motorcycle insurance policy will cover some costs incurred with damages and compensation if you cause damage or harm to another person and/or their property. Motorcycle insurance will also cover legal fees, including at-fault liability claims and judgments. Claims are covered only up to the limit of your policy amount.

Motorcycle insurance policies are customizable and can be done so to include medical payments, full replacement of your motorcycle, comprehensive coverage- which covers damage or loss outside of accidents, as well as theft, uninsured riders and more. Insurance coverage should be picked according to your bike type and usage- the riskier the vehicle and the more frequently it is used, the more insurance you will require.

What is Not Covered by a General Motorcycle Insurance Policy?

Because motorcycle insurance policies can be tailored, there is a lot that can potentially be covered by your policy. However, there are instances where your insurance will not cover you whatsoever. That is in the case of using your motorcycle to race or perform stunts, causing intentional bodily harm or damage to someone’s property, using your vehicle to perform deliveries or act as a taxi service, or committing crimes.  

Colling Insurance Services Inc. caters to the Lakewood, CO community and can help you figure out the best policy for your motorcycle. Contact one of our experienced agents today to get started.