Motorcycle Insurance

One dream that many people have is the dream of driving on the open road during a nice sunny day on their very own motorcycle. While a motorcycle is often considered a recreational toy and mode of transportation, it is also an asset that will need to be properly covered by insurance. When you have a motorcycle, there are several reasons why you will need to have insurance in place.


Liability Coverage


Whenever you take a motorcycle out on the open road in Pennsylvania, you will be required to carry liability insurance. To stay in compliance with the law, you should follow the state minimum requirements, which are $30,000 per incident and $15,000 per person in bodily injury coverage as well as property damage coverage of at least $5,000 per incident.


Protects Your Valuable Asset


Buying a motorcycle can be a very big purchase. Because of this, you will need to make sure that you are properly covering it with insurance. When you get a full motorcycle insurance policy, you will also get collision and comprehensive coverage. This will provide you with coverage for virtually all loss types including theft, vandalism, and if you are in an accident with an uninsured motorist. Because of this, if you have an expensive motorcycle, having a full insurance policy is beneficial.


Lender Requirements


Due to the cost of a motorcycle, many people will want to take out a loan on to finance the purchase. When you take out a loan to purchase a motorcycle, you will also need to comply with the lender requirements. Most lenders today will require that you have a full insurance policy in place, including collision and comprehensive coverage.


If you need to have motorcycle insurance provided, you should call the Kathy Barry Agency, LLC. This agency will provide you with great insurance consultation services and ensure you get into a policy that provides you with the right type of coverage.