If you’re considering purchasing a motorcycle or are looking into modifying the current coverage you have, it is important that you familiarize yourself with some coverage basics to ensure you understand what your policy will and will not pay for. The fact is, we never know when we might engage in a collision and you need to be aware of how your insurance is going to protect you, whether it is your fault or not. Therefore, below we are highlighting some of the different types of coverage you may or may not have and what role each plays in the event of a crash.
- Liability insurance. This type of insurance covers bodily injury and property damage that you cause to other people in an accident. Now, you should be aware that this type of coverage will not protect you in the event your motorcycle sustains damage or you suffer an injury. Some insurers also offer what is known as Guest Passenger Liability and it provides protection in the event the passenger traveling on the bike with you suffers an injury.
- Motorcycle collision insurance. This will cover damage your bike sustains in a collision with another vehicle. Your insurer will likely reimburse you based on what the book value was of your bike before it was involved in the wreck minus your deductible amount.
- Comprehensive coverage. This will pay for damage caused by something other than a collision such as a fire, theft, or vandalism.
- Coverage for customized motorcycle parts. The Insurance Information Institute (III) states that “many comprehensive and collision policies will only cover the factory standard parts on your motorcycle, or they will limit the coverage.” That is why some individuals choose to insure certain parts of their bike that might be more valuable than others such as chrome parts or a custom paint job to be sure they are reimbursed in the event of an accident.
- Uninsured/underinsured motorist coverage. This will pay for certain damages you suffer or your bike sustains that are brought on by a driver who doesn’t have adequate insurance coverage (underinsured) or is not insured at all (uninsured).
[Source: Insurance Information Institute (III)].
Aside from knowing what your insurance policy will and will not cover, you also need to understand what forms of action you can take should a driver cause you to engage in a serious collision. The reality is, motorcycles are “less stable and less visible than cars” and are more susceptible to getting hit. In 2016 alone, 4,976 motorcyclists died in accidents in the U.S. and thousands of others suffered injuries [Source: III]. Therefore, it is recommended that you review your policy to be sure you are properly covered and contact your insurance agent to clarify anything you may be uncertain of.
In the event you were recently involved in a motorcycle accident in Monroe, LA and you would like a personal injury lawyer to assess your case to determine what your insurer should provide you with and whether you should consider pursuing the other party for additional compensation, contact Campbell, House & Cummins. Our personal injury lawyers have extensive experience in handling these types of cases and will be sure to recover the maximum amount you are entitled to, whether it is for your injuries, lost wages, medical expenses, etc. Contact us for more information.
To get in contact with Campbell, House & Cummins, Attorneys at Law, visit or call us at:
1815 Roselawn Avenue
Monroe, LA 71201