Between 2004 and 2008, motorcycle ownership rose more than 60% to nearly 200,000 registered motorcycles on Georgia roads. Using a motorcycle instead of a car can save money on fuel costs and can provide a unique way to experience the open road. However, motorcycle accidents have the potential to be costly, especially since you have less protection on a bike than in an enclosed car or truck. A suitable Georgia motorcycle insurance policy in place is extremely important.
How can you find affordable insurance for your bike? An independent agent in the Trusted Choice® network can help you compare Georgia motorcycle insurance quotes from multiple insurers so you can be sure you are getting great coverage at a competitive price. Contact a local member agent for more information.
- There were 5,051 motorcycle accidents reported in 2008
- Of these, 1,403 resulted in no injuries
- Only 177 resulted in fatalities
- 495 of these accidents caused severe injuries
Motorcycles are harder to see than other vehicles, putting them at a higher risk for collisions with other drivers. Accidents while on these vehicles present a more significant risk of serious injury or death because there is so little protection for riders. It’s a good idea to wear protective gear and have Georgia motorcycle insurance in place for accidents you can’t prevent.
How Much Georgia Motorcycle Insurance Coverage Is Necessary?
Georgia enforces rules about minimum required liability insurance coverage for motorcyclists. Liability insurance protects you from a financial loss for property damage or bodily injuries you cause while you are operating your vehicle.
Motorcycle and chopper owners are required to register their vehicles and carry the required liability insurance coverage. Owners of mopeds, scooters, dirt bikes and sports bikes must also comply with these laws if their vehicles can exceed 30 miles per hour, have an engine of 50 cc or more or have more than two horsepower.
Georgia Minimum Liability Requirements for Motorcycles
- $25,000 for bodily injury per person
- $50,000 for bodily injury per accident involving two more injured parties
- $25,000 in property damage coverage per accident
Failure to carry insurance that meets the state’s minimum coverage requirements can result in suspension of your registration for up to six months, a $25 lapse fee and a $160 registration reinstatement fee, as well as misdemeanor charges if you operate your vehicle while the registration is suspended.
What Does Georgia Motorcycle Insurance Cover?
In addition to liability coverage, you have several other motorcycle insurance coverage options. Some coverage options include:
- Collision insurance: This covers damages to your motorcycle if you are involved in an accident, regardless of fault.
- Comprehensive insurance: Also called “other than collision,” this portion of the policy covers specified damages to your bike that do not result from an auto accident. This can include loss or damage due to falling object, weather events, fire, vandalism and theft
- .Uninsured/underinsurance motorist insurance: If you suffer injuries or damages in a collision with an uninsured motorist who or with a hit-and-run driver who is at fault, this coverage will provide the necessary compensation you might otherwise not receive.
- Roadside assistance: This optional policy addition will provide you with assistance or towing if your bike should become disabled while you are on the road.
Many bike owners will purchase collision and comprehensive insurance to protect their investment. While lenders may require you to have this coverage, it is otherwise optional.
How Much Does Georgia Motorcycle Insurance Cost?
Rates for motorcycle insurance can vary; however, usually policies cost about $50 a month. Some of the factors that can influence the cost of your policy include:
- Your age and driving history
- Where you live and store your bike
- Where and how often you ride
- ;The make, model and value your motorcycle
- The amount of coverage purchased
- The amount of your deductible
Compare Georgia Motorcycle Insurance Quotes
The best way to find out how much you can expect your Georgia motorcycle insurance to cost is by comparing rates from at least three different insurance companies. Because each insurer will need to collect several details about you and your bike, this can be a tedious and time-consuming process. Independent agents in the Trusted Choice network can simplify this process by getting your information once and then doing the legwork for you.
These professionals can help you determine your coverage needs and compare rates and plans. They can also assist you with all of your insurance needs both now and in the future. Contact a local member agent now to set up an obligation-free meeting and start comparing Georgia motorcycle insurance quotes today.