If you're located in Maine, a motorcycle is one of the best modes of transport to get around. Not only is it exciting, but it's also convenient, allowing you to get to your destination on time. But as you shop for a motorcycle, don't forget about insurance. It will come in handy if you're involved in an accident or it's stolen. Gateway Property & Casualty, which also serves residents of New Hampshire and Vermont, explains why you need to carry motorcycle insurance.
We can all agree that being on the road presents some risks. If an accident happens and you aren't covered, you're left facing your bike's repair and replacement expenses. Motorcycle insurance protects your wallet by covering those expenses.
Liability coverage protects you from several financial responsibilities if you're involved in an accident where you're at fault. If the accident leads to bodily injury or property damage, insurance will help cover any claims against you.
Insurance will help cover your medical expenses in the event of an accident. Despite who was at fault in the accident, insurance will pay for those medical bills, allowing you to remain financially stable.
Motorcycle insurance policies will often include underinsured or insured motorist coverage. It protects you financially when involved in an accident, but the person at fault lacks enough coverage to cover the losses incurred. It also comes in handy in a hit-and-run accident. This policy will cover your medical bills, lost wages, and repairs to your bike.
As you can see, there are many reasons why you should carry motorcycle insurance if you own a bike. Gateway Property & Casualty has been serving Maine, New Hampshire, and Vermont residents, helping them protect themselves and their investments. Ready to learn more about motorcycle insurance? Contact us today.
