Motorcycles are fast, fun, economical, and versatile. They are also risky. The hazards riders face out on the road are much different than those experienced by drivers of other types of vehicles. If you prefer the sound of a cruiser to a sedan or the look of a sport bike to a sports car, make sure your coverage is ready to keep up the pace.
Why Purchase Wisconsin Motorcycle Insurance?
Besides the fact that state law requires motorcycle riders to purchase a minimum amount of coverage, there are several other reasons why motorcycle insurance could be one of the most important things you ever purchase:
- Approximately 92,000 motorcyclists were injured in accidents in 2014 alone
- Based on 2013 data, motorcyclists are about 26 times more likely to die in a crash compared to drivers and passengers inside motor vehicles
- There were 45,555 motorcycles reported stolen in 2015 – up more than 6 percent over the prior year
Not only should you purchase motorcycle insurance, but your coverage needs to provide real protection for you, your bike, and your passenger in an accident. Think of this, a collision involving a luxury vehicle could cost you much more than the mandatory $10,000 in property damage liability coverage. You would be personally responsible for any damages exceeding the limits on your policy. The same goes for bodily injuries. If you injure a victim in a collision, you might be sued for much more than the $25,000 in bodily injury liability that is required by law. That’s not including the cost of your legal defense fees, damages to your own bike, and your injuries.
Motorcycle Insurance Coverage Types
Just like your bike, you can customize your motorcycle insurance to meet your needs. Our goal is to provide you all of the protection you need to ensure coverage when you need it most. A typical Wisconsin motorcycle insurance policy might include:
Liability Insurance
The 25/50/10 liability requirements in Wisconsin are probably not enough to fully protect you if you are responsible for an accident. We can provide a personalized review of your coverage needs and make a recommendation based on your income, assets, and risk.
Collision and Comprehensive Insurance
Your liability may help pay for damages to other peoples’ property, but what about your own? Collision and comprehensive insurance provide coverage for physical damages and losses to your motorcycle in a collision or as a result of some other covered event, such as theft, fire, high winds, or falling objects.
Accessories and Special Parts Coverage
Many people who own bikes prefer to accessorize their rides with chrome and aftermarket parts. Though some insurers include limited coverage for accessories in physical damage coverage, you may need to purchase additional coverage for high-value modifications.
Medical Payments Insurance
Medical payments insurance helps pay for your medical expenses, as well as those of your passenger if necessary. Coverage for medical payments is available regardless of fault and may prove especially beneficial for drivers with high-deductible health plans.
Uninsured/Underinsured Motorist
Not all drivers are as responsible as you are. When you are hit by an uninsured driver or a driver with insufficient coverage to pay for your medical expenses, uninsured motorist and underinsured motorist protection can help take care of your injury-related losses.
Rental Reimbursement
When your bike is being repaired after an accident, your insurance policy can help cover the cost of temporary transportation.
Roadside Assistance
It only takes being stranded on the side of the road one time to understand how valuable this type of coverage can be. Whether your bike breaks down or you run out of gas, roadside assistance can help cover the bill.
Motorcycle Insurance Quotes in Wisconsin
If you own a bike in the Badger State, we want the opportunity to save you money on coverage. Call us today to request your free quote and find out just how affordable a quality motorcycle insurance policy can be.
