Whether you’re new to motorcycles or a veteran rider searching for discounts, you likely have questions about motorcycle insurance. Well, you’ve come to the right place. In this article, we provide answers to three questions all riders, regardless of experience level, should ask before buying motorcycle insurance.
1. What kind of motorcycle insurance do I need?
As you’ve likely learned through your research, there are a variety of insurance coverage options available. While liability insurance is fairly standard for motorcycle insurance, and is required in most states, optional coverages are available. At Dairyland®, we offer a range of coverage options, including:
- Liability only
- Physical damage plus
- Optional/special equipment
- Replacement cost
- Medical expense
- Guest passenger
- Underinsured and uninsured protection
- Roadside assistance
It’s important to note that each state has its own insurance requirements, so make sure to research what’s required where you live before purchasing a motorcycle insurance policy. Florida and New Hampshire are the only states that don’t require motorcycle owners to carry motorcycle liability insurance. But even if your state doesn’t require insurance, we believe it’s in your best interest to purchase a policy to protect yourself and those around you—and potentially save money on damage or injury costs, should you have them.
2. How much is motorcycle insurance?
The cost of motorcycle insurance can vary depending on the coverage options you need and want. Similar to auto insurance, there are many factors to take into account, such as where you live, the type of bike you own, your driving record, and your payment history. Customizing your coverage plan is a good way to help save money on your policy.
There are also several things you can do to find money-saving deals. For example, did you know completing a motorcycle safety course can earn you a discount on your insurance costs? Check out the Motorcycle Safety Foundation (MSF) classes offered throughout the country. These courses coach veteran riders on advanced skills and help beginners learn the physical and mental skills they need to safely ride a motorcycle. Visit msf-usa.org to find a safety course near you.
In addition to riding courses, insurance companies typically offer discounts for the following:
- Multi-cycle: For riders who own more than one motorcycle
- Home ownership: For riders who have homeowners’ insurance for a house, condo, townhouse, mobile home, or modular home
- Harley Owners Group® (H.O.G.®) or rider group member: For riders who are H.O.G. members or part a riding group
- Transfer: For riders who make the switch from another insurance carrier
- Loyalty: For long-term customers who’ve been with their provider for a long period of time
Think about how your lifestyle could end up saving you money on your policy. And before you make your decision on a motorcycle insurance carrier, compare rates across companies to ensure you get the right coverage at the lowest price for your bike. It’s quick and easy to get a Dairyland quote from a customer service representative.
3. What information do I need to insure my motorcycle?
So, you’re ready to pull the trigger on motorcycle insurance. While your provider will let you know exactly what information you should have ready, start with:
- The make, model, and year of your bike
- The names of the riders you want on the plan
- Your current coverages and limits, if you’re currently insured
- Your date of birth and address
Choosing the right insurance is one of the most important decisions you can make as a motorcycle rider—and that begins with asking the right questions. We hope this information helps you prepare for this process.
If you’re ready to request an online motorcycle insurance quote from Dairyland, we’re ready to work with you. Have more questions about motorcycle insurance? Check out our FAQs.