Whether you have just purchased your first motorcycle or you have owned one for a while and are thinking of changing companies, finding a suitable motorcycle insurance policy is a must. Before you hit the roads in Idaho with your bike, find out what policy is right for you. Shopping for quotes and good motorcycle insurance can be complex, but it doesn't have to be. Your motorcycle isn't just any old bike, and any old insurance policy just won't do. Don't settle for the first offer you see, and keep the following in mind.
According to the ID Transportation Department Office of Highway Safety:
Without proper insurance coverage, motorcycle riders open themselves up for a world of hurt when accidents happen.
There are many types of motorcycles including sport bikes, dirt bikes, choppers and more, and Idaho statutes require you to carry these minimum types of insurance protection on your motorcycle:
Remember that these are the state minimums, however, and they may not provide you with the coverage you need should your bike be involved in a collision.
According to the ID Department of Motor Vehicles, the following two-wheeled vehicles require motorcycle insurance:
Motorcycle insurance is important to protect yourself and others and to protect your bike. Motorcycles are attractive to thieves, as they are easier to steal than are automobiles or passenger trucks. Also, once stolen, they are easy to strip down, rebuild and sell. Additionally, motorcycles are at higher risk to operate than are passenger vehicles, for several reasons:
For all of these reasons, it is vital that you get yourself covered if you plan to operate a motorcycle on the highway.
A basic motorcycle insurance policy will cover some portion of the costs associated with damage to your bike in the event it is in a collision. It will also provide compensation in the event that you cause harm to another person or their property or have legal fees to pay due to an accident. Known as "bodily injury and property damage liability," your motorcycle liability insurance covers the cost of liability claims and legal fees, up to the limits of your policy, if are at fault in an accident.
You can choose whether your policy will cover the following:
The options you choose to include in your motorcycle insurance policy should be determined based on your needs and budget.
The amount of motorcycle insurance that you need depends on the type of bike you own and how you plan to use it. For example, if you ride a fast bike such as a sports bike or a "crotch rocket," your bike will be more expensive to insure.
If you plan on racing dirt bikes for fun, you may want to consider increasing your coverage as well. Close-quarters racing and crowded tracks can put you at greater risk of injury and damage to your bike and an increased risk of causing injury to a competitor or damaging someone else’s equipment.
If you have recently purchased your bike, you may want to include full coverage in your motorcycle insurance policy should you total the bike before paying the loan in full.
In cold climates such as what Idaho offers, you can also look into seasonally insuring your bike, which only provides coverage during the summer and fall when you actually ride it. Should someone steal your bike in the dead of winter, however, you may find you lack sufficient coverage.
The cost of motorcycle insurance varies considerably from bike to bike and rider to rider. If you have a small Honda that you use for commuting and have a claims-free driving record, you may get quotes for a few hundred dollars a year. However, if you are a new, young motorcyclist and you ride a crotch rocket, you may find premium quotes between $3,000 and $5,000 per year.
Overall, motorcycle insurance quotes can seem steep to those who are used to paying car insurance costs. The reason for higher quotes for motorcycle drivers is that they face higher risk on the road. Older, more experienced riders will find lower quotes than young riders with little time spent on their bikes.
Most Idaho insurance companies offer savings if you do the following:
It's always a good idea to compare multiple quotes from a variety of Idaho insurance providers to make sure you are receiving the best deal possible on motorcycle insurance.
Your bike is your baby and you want to protect it from damage and theft. Finding the perfect motorcycle insurance policy is easy when you contact a knowledgeable independent insurance agent on the Trusted Choice® network. Our agents are always here to help answer any questions, suggest coverage options and even help you file a claim.
Find a Trusted Choice agent near you so you can start riding with ease, knowing that you and your motorcycle are covered.