How Does Motorcycle Insurance Differ from Auto Insurance

Given that a motorcycle is a motor vehicle just like a car, truck, or SUV it is tempting to assume that insurance is treated the same way; however, that’s not the case. While both auto insurance and motorcycle insurance serve the same idea, there are several important differences that need to be highlighted. 

Coverage for Passengers: We often take for granted that your auto insurance policy includes coverage for passengers, but on a motorcycle, a default insurance policy is likely to assume that you’ll be the only rider. Consequently, if you plan to have a passenger then you’ll want to inquire about adding passenger liability coverage. 

Laid Up Insurance: While unlikely to be a default addition to a motorcycle policy, laid up insurance protects your motorcycle from damage, theft, and other incidents while it is being stored and not used. The good news with this type of coverage is that since it assumes the motorcycle will not be used while in storage, it is less expensive because you only pay the full premium when your motorcycle is being used. 

Accessory Coverage: Motorcycle insurance is easy to customize with additional options for accessories like a trailer, specific bike accessories such as a saddlebag or custom equipment such as exhaust pipes or the gas tank. 

Personal Injury Coverage: Given that a motorcycle offers little in the form of protection to your body in an accident, you are far more likely to be injured in a motorcycle accident than an automobile incident. Consequently, you can opt to have personal injury protection on your motorcycle insurance policy which will help cover medical payments from the accident. 

If you are shopping for motorcycle insurance in the Ashland, KY area, look no further than Sharp Insurance & Financial Services. Our friendly team of insurance connoisseurs will help you find the perfect policy for your needs and strive to earn your business with a professional and friendly touch.