Motorcycle Insurance Limitations: What You Need To Know

As a cyclist, you must be able to protect yourself against accidents on the road at all times. However, you cannot avoid some accidents, so it would be better for you to get insurance as soon as possible to ascertain that you will take care of most if not all of the expenses that you will incur because of motorcycle accidents in the future. 

You also have to be aware that there are limitations to what motorcycle insurance can do for you regarding protection, coverage, and compensation. Knowing these limitations can help you prepare yourself financially for any additional cost from your accident. 
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To help you out, here is a list of possible limitations that you might encounter when it comes to getting motorcycle insurance policies.

1. The Policy Coverage
   The first thing that you have to look into is your specific policy coverage. Knowing your content will allow you to determine whether your policy covers certain aspects of your motorcycle riding experience. For example, particular policies cover riders as well as their companions. Be sure to inquire about this with the insurance company of your choice or read the fine print before getting the policy.
   
   Additionally, you have to know that motorcycle insurance coverage can be minimal. You would have to make sure that you know what you can expect from your insurance policy down the line. Don't hesitate to ask your agent about coverage to have a better understanding of your insurance.
   
   
2. The Rules
   Secondly, you have to be aware of the 25-50-10 rule. This rule refers to the amount of money usually allotted to individual bodily harm per accident, multiple physical injuries per accident, and property damage, respectively. 
   
   
3. The Legal Requirements
   It is also important to note that most states in the US require motorcycle liability insurance. The law requires you to get insurance as soon as possible. 
   
   
4. The Company Itself
   Most insurance companies impose certain limitations on their motorcycle policies because of the nature of the vehicle itself. It will do you good to ask your insurance agent regarding these limitations so that you’ll be aware of what you can expect in the future.
   
   
5. The Insurance Policy Type
   Lastly, please be aware of the type of insurance policy you're going to get in terms of motorcycles. If you are going to get specific motorcycle insurance, the coverage and the discounts may be extremely limited. However, if you are to acquire a blanket policy, you will surely get the most out of it.

The Final Word
These are just some of the few limitations that motorcycle insurance policies may have. You must know these limits so that you will be able to compensate for them down the line. 

At AllRisk Auto Insurance, LLC, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (360) 693-4044. You can also request a free quote by CLICKING HERE.