Motorcycle Insurance Cost: Add-Ons And Extra Coverage

In most states, if you you want to legally ride a motorcycle, liability insurance is required. But many people also choose to add collision coverage, comprehensive coverage and, uninsured/underinsured motorist coverage, as well as other add-ons.

Below is general information about common add-ons and extra coverage options for motorcycle insurance.

Collision Insurance
Collision insurance goes beyond basic liability to cover damages to your motorcycle if you’re in a accident. This add-on is particularly beneficial if you have an expensive bike, and it’s often required by leasing companies and financing companies.

Comprehensive Insurance Coverage
Comprehensive insurance coverage goes beyond collision insurance to cover non-collision-related damage to your motorcycle, such as theft, vandalism, fire, or weather-related damage. This add-on is particularly beneficial if you have an expensive bike, and it’s often required by leasing companies and financing companies.

Uninsured/Underinsured Motorist Coverage (UM/UIM)
Uninsured/Underinsured motorist insurance can be invaluable in cases in which you’re involved in an accident with a driver or rider who has no insurance or insufficient coverage. UM/UIM insurance can help cover your medical bills and, depending on your insurance policy, it might also cover damage to your motorcycle.

Personal Injury Protection (PIP) Insurance Coverage
Personal injury protection insurance coverage can pay for medical expenses for you and your passenger, regardless of who is at fault in the accident. PIP might also cover other expenses, such as lost wages, childcare costs, or funeral expenses.

Towing And Roadside Assistance Insurance Coverage
Towing and roadside assistance insurance coverage can be helpful if you tend to break down frequently and/or like to go on motorcycle tours. This coverage typically includes towing, fuel delivery, flat tire changes, and locksmith services.

Trip Interruption Insurance Coverage
Trip interruption insurance coverage can be useful if you like to go on long rides, far away from home. If your bike breaks down when you’re a certain distance from your house (typically 100 miles or more), trip interruption coverage can pay for lodging, food, and alternate transportation.

Accessory Insurance Coverage
If you’re like some riders, you might have almost as much invested in the upgrades to your bike as you do in the bike itself. Accessory insurance coverage can cover custom parts, equipment, and modifications that aren’t included in your standard policy. These enhancements can include custom paint jobs, upgraded seats, special exhaust systems, and more.

Gap Insurance Coverage
If you finance or lease your motorcycle, gap insurance is worth considering. If your motorcycle is totaled, gap insurance will cover the difference between what you owe on the bike and its actual cash value.

Check With Your Insurance Agent Or Company
Please note that the information provided above is for informational purposes only. For the most accurate, up-to-date, specific information, check with your insurance agent or insurance company!