Motorcycle insurance is similar to auto insurance in that it provides protection for you as the driver as well as protection for other moving vehicles on the road. However, it’s designed for people who drive motorcycles. Although this insurance closely resembles auto insurance, it’s purpose is to meet the specific needs of people who operate motorcycles. Not all states require motorcycle insurance. As of 2017, four states don’t require motorcycle insurance. Montana, New Hampshire, Florida, and Washington are the four states that don’t require motorcycle insurance.

What’s Required?

The Alloy Insurance Partners of Dallas, TX educate motorcycle drivers regarding what’s required to operate a motorcycle in Texas. Like auto insurance, motorcycle drivers are required to carry liability coverage at the very least. Of course, if you have a motorcycle loan, the lender may require you to take full coverage as a way of protecting their investment from the unknown. However, if you don’t have a loan, the state minimum requirements include bodily injury coverage and property damage coverage. Bodily injury coverage must be maintained at sixty thousand dollars per accident. Thirty thousand dollars per person per accident is also a requirement, and twenty-five thousand dollars for property damage per accident is a required coverage amount as well. 

What Does Motorcycle Insurance Cover?

Motorcycle insurance covers the same things that auto insurance covers. You are protected in the event of an accident, damage, theft, and total loss. It also covers other people’s losses if you are found responsible for an accident, damage, or some other situation that causes harm, damage, or loss to someone else or their property. In essence, motorcycle insurance can include liability, collision, medical, and uninsured motorist coverage. We’re here to help you determine the best coverage for you and your unique situation. Give us a call. We’re here to help.