“if there is a shred of doubt in your mind about insurance…”
The summer sun lights the way as you hit the road. The warmth of it on your leathers as you buzz down the highway or on the back roads. There is nothing like it, the sound of a motorcycle, the feel of the wind, the freedom. But, like all things in life, your motorcycle needs to be insured and are you content with your current policy? Is it enough? Or, is it not enough?
In Washington State, and many other states, Insurance is mandatory.
Washington state’s mandatory liability insurance law (leg.wa.gov), which is under the authority of the Washington State Department of Licensing (www.dol.wa.gov), requires anyone who drives a motor vehicle or a motorcycle (effective July 28, 2019) in our state to do one of the following options:
Carry liability insurance with liability limits of at least:
$25,000 for injuries or death to another person
$50,000 for injuries or death to all other people
$10,000 for damage to another person’s property
But what is adequate? The law states the minimum but is that enough for your situation? Are you sufficiently covered for any of the following? Are you content to just be covered by the minimum?
- Uninsured/underinsured motorist bodily injury coverage – Are you covered if they are not? Injuries sustained in a motorcycle accident are on average far greater than when you are protected inside a car. So while there is a chance the person who hits/hurts you doesn’t have insurance, the REAL situation to address is that even most people WITH Insurance won’t have enough coverage to pay for the injuries they cause.
- Personal injury protection – Should there be an accident, you will need good coverage to help with medical bills, loss of income, and more.
- Collision coverage – There may come a time when your motorcycle collides with another object, are you covered?
- Comprehensive coverage – Not all claims involve an accident, are you covered if damage happens to your motorcycle by Mother Nature, theft, vandalism?
- Bodily injury liability coverage – Do you have the right amount of coverage for medical expenses and lost wages for others, should you cause an accident that results in an injury or even worse, death?
- Property damage liability coverage – Are you sufficiently covered in case of damage to another person’s property when you are at fault?
- Medical payments coverage – In case of an accident that results in an injury to you or your passengers while riding, are you adequately covered?
- Towing and labor coverage – What if you need reimbursed for towing? Or if the motorcycle needs work because it broke down or was in an accident?
- Rental reimbursement coverage – Do you need a replacement vehicle while the motorcycle is out of commission from an accident?
- Lease/loan gap coverage – What if you owe more than it is worth? Are you covered?
- What about upgrades or added equipment coverage – Does your policy cover any upgrades to your motorcycle? Do you even need that type of coverage?
There is more to insuring just the motorcycle, there is also peace of mind that you are covered in most, if not all, times of need. Make sure you are more than content with your Motorcycle Insurance Policy.
Riding a motorcycle is dangerous. Luckily, bikes also give you the best possible tools to avoid crashing—incredibly powerful brakes, obstruction-free vision, excellent handling, and very grippy tires. Here’s how to use those tools, and your very own brain, to avoid one of these common motorcycle accidents.