There are different types of motorcycle insurance policies, with the standard one providing coverage for bodily injury and property damage liability. There are also additional coverage options that could be included or will be made available for riders to purchase. In Austin, TX, all riders are required by law to have a motorcycle insurance cover. If you wish to learn more about the coverage options available or would like to purchase insurance, kindly contact Ty Lawrence Insurance Agency.
Bodily injury and property damage liability
This policy will only cover bodily injury and property damage if the actions of the rider while operating their vehicle results in such. It is important to note that it does not cover the motorcycle or the rider. In Texas, it is required by law that motorcycle riders have this coverage.
Uninsured and underinsured motorists
This is an optional coverage that you can add to your policy. The coverage is designed to cover you and the motorcycle by a driver who is not adequately insured or does not have any insurance. In case they are underinsured, this coverage will pick from where their insurance leaves off.
In case you or your passenger is injured while on the motorcycle, this coverage will cover your medical expenses. In case of an accident, the rider will be covered regardless of whose fault it was.
Collision and comprehensive
This coverage comes in when your motorcycle collides with another vehicle or object on the road. The amount paid will go towards repairing or replacing your motorcycle. However, it will be less your deductible.
Some insurers may add extra coverage packages in a bid to entice customers to buy their products.
At Ty Lawrence Insurance Agency, we strive to provide affordable insurance policies to our clients. Please contact us to discuss how we can plan the most suitable coverage plan to meet your needs.