Whether you ride daily on a commute or hit the open road on the weekend as a way to relax and have fun, there’s nothing like the feeling you get when riding a motorcycle. Motorcycle enthusiasts will tell you that life just feels ‘better’ when on a ride. If you are a new rider or an experienced rider, it’s always good to understand your options when it comes to motorcycle accidents and insurance coverage. Just like any other vehicle, it’s important to have the proper insurance coverage to protect not only your bike but also yourself and any passengers. Not all motorcycle insurance covers every situation, so let’s take a look at different types of coverage available for riders.
Motorcycle Accidents and Insurance Coverage Minimum RequirementsMost states require bikers to carry motorcycle insurance. Just like auto insurance, there are many different companies that provide competitive rates for coverage, so shop around for insurance quotes to find the best rate for your situation. In Pennsylvania, all vehicles, including motorcycles, must have liability insurance and property damage coverage. Liability insurance is intended to compensate a motorist, passenger or pedestrian injured by the driver(s) who caused the accident. This compensation can extend to economic losses, such as wage loss and out-of-pocket medical expenses, as well as non-economic losses, like pain and suffering and loss of life’s pleasures. Property damage coverage is available to reimburse a driver, passenger or pedestrian, who is not at fault for the accident, for expenses related to damage or destruction of their vehicle, motorcycle or other personal property. Coverage limits vary state by state. The minimum liability coverage amounts for Pennsylvania are:
While it is hard to accurately estimate the cost of a motorcycle accident, several studies show fatal accidents can cost more than $1 million in damages, and even small, minor accidents can cost at least $5,000 in property damage. Motorcyclists should consider adding additional coverage to exceed the basic liability limit, so they are better protected. Additional Motorcycle Insurance OptionsLiability insurance is a good start when having a motorcycle, but there are additional coverage options that riders should consider when talking to their insurance agents. Expenses related to a motorcycle accident can climb quickly and additional coverage can help relieve the financial burden after an accident. At a minimum, motorcyclists should have uninsured/underinsured coverage, collision coverage, and medical payments coverage.
There are other options you may want to consider when starting or updating your insurance policy. Not every option is necessary; however, you may want to add some or all of the following coverage options depending on your situation.
Stacked Insurance Coverage for MotorcyclesOne of the biggest financial risks for motorcyclists is getting involved in an accident with an uninsured or underinsured motorist. Stacked coverage combines coverage limits for multiple vehicles (cars and motorcycles in your household) and/or policies to increase the amount of coverage available to you. Let’s say you have two cars in addition to your motorcycle. If the motorcycle and both vehicles have uninsured/underinsured coverage and stacking, you can combine the coverage limits and seek compensation from both/all policies for the combined amount of all three vehicles. Stacked Insurance is a great way to protect yourself and your family in case of an accident. While premiums for stacked insurance coverage can be higher, they are well worth the cost. Best Motorcycle Rides in PennsylvaniaAfter you’ve checked your insurance coverage to make sure you are well-covered in case of an accident, it’s time to hit the road. Pennsylvania is absolutely beautiful to see by bike – from the Lake Erie coastline to 21 scenic byways to our own farmlands in Lancaster County, options are abundant. While there are literally hundreds of different rides to enjoy, here are three of our favorites:
Are You Suffering from Injuries Suffered in a Motorcycle Accident? We Can Help.While we hope your rides are safe and uneventful, accidents can happen. If you are in an accident on a motorcycle ride, call Georgelis Injury Law Firm. Our experienced personal injury attorneys have helped countless bikers get the compensation they deserve. Our team has won more than 99% of the cases we handled and recovered more than $60,000,000 for our clients. You can check out some of our cases here. Call 1-800-HURT-NOW for a free discussion and evaluation of your motorcycle accident claim.
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About MeHey my name is Marian A. Timm. I am 34 years old and living in USA. My requirement of a professional law firm grew over time for legal solutions of my problems and that is why I spend most of my time searching the web. |