Bike insurance is generally required if you own a motorcycle or bike. Bikes are a great way to get around, and a popular way to travel. When you ride a bike, you are considered a risk to other motorists because of the sheer number of people that are on the road with you at any given time. You have to pay attention and keep your speed down, or you can be counted on to get into an accident.
Bike racks are commonly mounted on the rear of an automobile or on the roof of that automobile. They safely transport motorcycles to and from different places, but aren’t typically secured to the automobile directly in any way. In the event that you are involved in an accident where the bike rack is damaged or stolen, it’s likely that your automobile insurance policies will cover the repair. The same is true for any medical bills or damage that occurs due to injuries you cause while driving.
It’s important that you understand your auto insurance policy, including the conditions relating to bike rack coverage. There are typically two types of coverage that apply to bike racks in your vehicle: bodily injury liability and property damage liability. With bodily injury liability, you’re covered when you cause an accident involving a member of the public. Property damage liability covers damage to other people’s property that occurs as a result of your accident. Bodily injury liability and property damage liability coverage differ in the state that you live.
When you’re shopping around for auto insurance coverage, make sure that you take the time to review the terms of your policy for bodily injury and property damage liability. In most states, these policies will cover accidents that happen to a rider on a bike rack, whether it was your fault or not. However, some states do have more restrictive requirements for their car insurance policies, and you should familiarize yourself with your state’s requirements before shopping around for a new policy.
Some states require motorcycle insurance policies to include rider medical costs in their coverage. This is true of most states that require motorcycle riders to purchase auto insurance. If you live in a state that does not mandate this coverage, you can usually select a separate rider medical insurance policy that will cover your medical expenses if you’re injured in a bike accident. Keep in mind that your insurer may have limits for the coverage provided for bodily injury and property damage. These limits may be less than what you expect, so always check with your insurer before purchasing auto insurance. In some cases, you’ll be required to purchase both auto and motorcycle insurance policies to ensure that all your insurance needs are met.
Many states require that you purchase proof of insurance before you’re allowed to register your bike on the road. You’ll be required to show this evidence at the time of registration or you’ll be disqualified from obtaining a driving license. It’s very important to always have adequate proof of insurance when you apply for a driver’s license, so you should always carry proof of insurance in a safe place on your person at all times. This is a legal requirement in several states including California and New Jersey.
There’s also a lot of legal protection available for bike riders. The laws regarding personal injury protection (PIP) are especially good news if you’re a bike rider. PIP coverage pays your medical bills and other expenses if you’re injured in a bike crash. PIP is available for certain categories of drivers, including teenagers and young adults. Make sure that you read the fine print of your PIP policy carefully before you sign it, or you may find yourself unable to obtain the insurance coverage you need.
One way that you can save money on your insurance policy is by bundling your auto and home insurance. Many insurers offer significant discounts for those who bundle their policies. For example, if you own both a Honda and a GMC vehicle, you may be eligible for a significantly lower home insurance rate. In addition, if you bundle your auto and home insurance, you may be able to qualify for a lower deductible. By bundling all of your insurance policies, you could also get a substantial amount of savings. Talk to an experienced auto broker today to learn more about how you can save on your auto and home insurance.