Motorcycle insurance is a necessary requirement even if the rider already has auto insurance. However, there are cheap motorcycle insurance rates on the market that can fit within your budget. Finding the right policy takes diligence and research, but it does not have to be a frustrating process.<\/p>\n
Motorcycle Insurance Basics<\/strong> What Will I Need?<\/strong> \u2022\u00a0\u00a0 \u00a0Bodily Injury Coverage The type of coverage you\u2019ll need depends on your needs, but standard liability insurance is required under New York State law. For instance, the law requires $25,000 per person for injuries, $50,000 for the death of one person and $10,000 for property damage. With that, certain other components of a motorcycle policy may be necessary in your case. For instance, collision coverage may not be necessary if you think that the value of your bike is not worth protecting. Despite such requirements, motorcycle insurance cost does not have to be expensive, nor does it have to drain your wallet, even for top tier plans.<\/p>\n
\nMotorcycle insurance cost is generally lower than auto insurance, but the type of rate you\u2019ll get depends on the type of bike. For example, sports bikes may have a different rate than a standard motorcycle. Additionally, rates depend on your driving record and credit history. Drivers with a bad credit history or driving record may pay a higher rate, which is why it is crucial to search for the best quotes on the market. Moreover, experience is another factor that insurance companies consider, and novice motorcyclists could end up paying more than other policyholders. The primary thing to consider is finding the best deal for you, regardless of your credit history or driving record.<\/p>\n
\nMotorcycle insurance works in the same manner as auto insurance. Here are some of the core tenets of motorcycle coverage:<\/p>\n
\n\u2022\u00a0\u00a0 \u00a0Property Damage
\n\u2022\u00a0\u00a0 \u00a0Accidental Death Coverage<\/p>\n