Commonly Asked Questions About Motorcycle Insurance

As motorcycle insurance specialist in Georgia we’ve heard it all! But, like anything else there are a few questions that we get more often when it comes to motorcycle insurance.

1)   If I lend my bike to a friend, are they covered under my insurance?

Yes they are. A good rule to remember is that “insurance follows the bike” and this is referred to as Permissive Use Policy. As long as the persons is using the bike with you permission, the bike is covered.

2)   What is a motorcycle “accessory” and why do I need separate coverage for it?

Far too often, people either underestimate the value of their accessories or they are unaware of what accessories they have. Sometimes it stems simply from a lack of understanding of what is considered a motorcycle accessory. An accessory is ANYTHING that was not included as standard by the manufacturer of the bike. This would include things like all custom add-ons (paint, chrome, etc), windshield, saddlebags and even your riding gear. Don’t forget to include any accessories added by your dealership or previous owner before you purchased the bike. Coverage for accessories is a separate part of your policy and your insurance carriers will work with you to determine the right amount of accessory coverage for your bike.

3)   What is liability and what does it cover?

Liability insurance is there to help you pay for either property or bodily damage that you do to others while operating you motorcycle. However, is does not cover your bike or your injuries.

Surely, you have more questions. So give us a call and we’d be happy to answer them for you. Call GA Motorcycle Insurance at 1-86-Motorcycle

Property Damage (PD):  Protects your liability when you accidently damage another’s vehicle or property.  Note: The difference in coverage pricing from 25,000.00 to 100,000.00 can often be less than $4.00 every 12 months.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Uninsured-Underinsured PD:  Protects your vehicles and property from an un-insured or underinsured motorist.  If a motorist damages your property without insurance or with minimal insurance, your policy positions you with protection.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Uninsured-Underinsured BI:  Bodily injury caused due to the negligence of  an uninsured or under-insured motorist is how this coverage protects you.
(This is a synopsis of the term, please contact us for additional examples and perspective.)

Medical:  Medical expense coverage for those hurt “in”, “on” or “around” your vehicle regardless of fault.  The goal of this coverage is to provide funds for injury without the need to incur legal expenses.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Collision Deductible:  The funds your retain responsibility for in the event of a claim.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Comprehensive Deductible: The funds you retain responsibility for in the event of damage to your vehicle.  Example: someone slashing your tires, a broken windshield due to hail or a rock from the road.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Towing reimbursement:  Towing “reimbursement” up to the level of coverage.  If the call for service is direct to the insurance company, the insurance company will pick-up the cost of towing up to the limits of the coverage.  The towing company will charge only for the remaining funds due.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

Rental Reimbursement:  As a result of a claim, the insurance company will pay for a rental in the amount of the coverage defined on a daily basis up-to 30 days.    (This is a synopsis of the term, please contact us for additional examples and perspective.)

Accessory Coverage:  Upgrades can be insured additionally.  Add-on side bags, chrome, windshield are an examples of how this coverage can help protect you in the event of a loss.
(This is a synopsis of the term, please contact us for additional examples and perspective.)

Lease/Gap Coverage:  Value of the vehicle vs the lease buyout.  Coverage applies to the first owner of the vehicle only.  (This is a synopsis of the term, please contact us for additional examples and perspective.)

NOTE: Other Coverage Issues
· Lease or Loan Gap added Insured must be original owner/lessee of vehicle, vehicle must be 3 yrs old or less, insured must purchase both Collision & Comp
· Coverage GL (Passenger Liability) insurance premium and limits will be included in the Bodily Injury Liability coverage premium and limits displayed on the dec page
· Towing Coverage included for all Harleys, Touring, & Touring Sport models
· Under the livery exclusion now provides coverage for use of cycle for charitable events
· Medical payments expanded Named Insured and Resident Relative now covered if injured in a motor vehicle accident using other than a motorcycle
· Collision coverage for helmets increased to $500