When purchasing a motorcycle for the first time in Foley, AL, you might assume you can add your bike to your existing auto insurance policy. However, this is not the case, as motorcycle insurance involves different considerations compared to auto insurance. The agents at Southern Risk Associates can help you understand why a dedicated motorcycle policy is necessary.
Motorcycles Require Unique Coverage
Rider protection, accessories, higher risk profiles, and distinct legal requirements are key reasons why motorcycle policies differ from those for larger vehicles like cars and SUVs. Motorcycle insurance often includes coverage for custom parts and equipment. You can even add endorsements for safety gear, such as helmets and riding apparel. Typically, motorcycle policies are more affordable than auto policies because insurers consider that many riders do not use their motorcycles during winter or inclement weather. However, high-end motorcycles with extensive features may have higher premiums due to their replacement costs.
Liability and Medical Differences
The smaller size of motorcycles makes them less likely to cause significant damage in accidents. Additionally, repairing damage to motorcycles is often less expensive than repairing damage to cars. As a result, collision and comprehensive coverage for motorcycles usually costs less. However, riders lack the protective shell that cars provide, leaving them more exposed during accidents. This vulnerability increases the likelihood of severe injuries, particularly to the lower body, which often require extensive and costly medical treatment. These injuries can quickly exceed health insurance limits, and riders are also at a higher risk of fatal accidents.
Protect yourself and your new motorcycle by finding the right insurance policy. Contact Southern Risk Associates, serving Foley, AL, today to get started.
