With the gas prices currently on the rise and the economy slowing down there are more motorcycles on the road than ever before. Bikers have certainly changed. You might even catch your grandpa riding one.
Insurance seems to be the largest issue for most new bikers. Finding motorcycle insurance is harder than you may realize. Some who have just purchased their motorcycle may have been informed by their automobile insurance company that they could not cover them. Anyone who is thinking of purchasing a motorcycle might be surprised to learn that not all insurance companies are willing to provide motorcycle insurance policies.
You could be frustrated that your insurance company has denied coverage. You feel jilted by them since you have never had an accident and always paid your premiums on time. You might be thinking it is a great way to save a few bucks by combining your insurance policies. The reality is you may have to use two different insurance companies due to the bike. If you are locked in to your present policy and they will not provide coverage you have no other choice.
Insurance companies are only trying to protect their assets, the reason for not providing you with coverage is not really about you. The largest reason for not providing motorcycle insurance is because of other drivers, not you. Most people tend to ignore bikers creating a risk for more motorcycle accidents that are not the riders fault. Not being noticed on the road by other motorist's puts bikers in a higher risk category for accidents.
Smaller accidents can create more serious injury on a motorcycle than in a car or truck. In a fender bender with a car or truck the insurance company might have to pay for paint and maybe a fender. In a fender bender with a motorcycle even a small mishap could bring a claim for replacement of the bike as well as serious injury to the rider.
If the rider is thrown off the bike during an accident they are poorly protected against the hard pavement. This is why claims for serious injuries for motorcyclists are more likely. Insurance companies have to consider helmet laws as they vary from state to state. Many states will require newer bikers to wear a helmet and there are still some states that have no helmet laws in effect at all. The rider could be riding the bike and have an accident while not wearing a helmet this is reason enough for most insurance companies to refuse coverage.
While you are shopping for motorcycle insurance coverage keep all this in mind. You will find companies that provide coverage for bikers at an affordable rate but you may have to call several places first. Insurance companies want to protect us but they have to protect their business as well. Motorcycles just present a bad risk for many companies. With more bikers on the road these days you might find that some will begin to change their minds, but do not expect it.
Insurance seems to be the largest issue for most new bikers. Finding motorcycle insurance is harder than you may realize. Some who have just purchased their motorcycle may have been informed by their automobile insurance company that they could not cover them. Anyone who is thinking of purchasing a motorcycle might be surprised to learn that not all insurance companies are willing to provide motorcycle insurance policies.
You could be frustrated that your insurance company has denied coverage. You feel jilted by them since you have never had an accident and always paid your premiums on time. You might be thinking it is a great way to save a few bucks by combining your insurance policies. The reality is you may have to use two different insurance companies due to the bike. If you are locked in to your present policy and they will not provide coverage you have no other choice.
Insurance companies are only trying to protect their assets, the reason for not providing you with coverage is not really about you. The largest reason for not providing motorcycle insurance is because of other drivers, not you. Most people tend to ignore bikers creating a risk for more motorcycle accidents that are not the riders fault. Not being noticed on the road by other motorist's puts bikers in a higher risk category for accidents.
Smaller accidents can create more serious injury on a motorcycle than in a car or truck. In a fender bender with a car or truck the insurance company might have to pay for paint and maybe a fender. In a fender bender with a motorcycle even a small mishap could bring a claim for replacement of the bike as well as serious injury to the rider.
If the rider is thrown off the bike during an accident they are poorly protected against the hard pavement. This is why claims for serious injuries for motorcyclists are more likely. Insurance companies have to consider helmet laws as they vary from state to state. Many states will require newer bikers to wear a helmet and there are still some states that have no helmet laws in effect at all. The rider could be riding the bike and have an accident while not wearing a helmet this is reason enough for most insurance companies to refuse coverage.
While you are shopping for motorcycle insurance coverage keep all this in mind. You will find companies that provide coverage for bikers at an affordable rate but you may have to call several places first. Insurance companies want to protect us but they have to protect their business as well. Motorcycles just present a bad risk for many companies. With more bikers on the road these days you might find that some will begin to change their minds, but do not expect it.
About the Author:
Susan Reynolds is the webmaster for a leading South African Insurance Provider who specialises in Motorcycle Insurance Policies.
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