There are some big differences between driving a motorcycle and driving a car.
So insurance for your car or your bike is also very different, especially in America which has special insurance circumstances.
(This report was compiled and supplied specifically for American riders, but some of the principles may apply in your country.)
Car insurance is less expensive
The cost of a motorcycle is lower than a car, but surprisingly the cost of motorcycle insurance is usually more than car insurance rates.
The reason is the comparative high risk of riding motorcycles. The accident risk for motorcycles per is twenty-seven times more than a car over the same distance travelled.
Insurance premiums also vary according to driving history, driver’s age and model of vehicle. To learn the basics of motorcycle insurance, click here.
Motorcycle insurance is not always mandatory
Strangely, there are differences between the states in the USA. Some don’t require riders to hold insurance, yet all drivers must have insurance.
Those states that allow riders to ride without a helmet are often the states that require a certain level of insurance.
Personal incurrence coverage
Unless you have an advanced coverage, you will not get personal injury coverage in a no-fault state.
If you are driving a car and have an accident, your passengers can sue you for their injuries, so special passenger insurance is important.
It is difficult obtaining seasonal coverage for your car, but some states offer motorcycle seasonal coverage because bikes can’t be ridden in their winter months.
You can still get insurance coverage for your bike for vandalism or theft while it’s being hibernated over winter.
Special about motorcycle insurance
A car driver can get compensation for any kind of injuries regardless of who is at fault.
However, there is no standard insurance for motorcyclists to compensate if the rider is at fault.
You may have to wait a long period for compensation, even after legal intervention.
Additional coverage for bike insurance
If you have a general motorcycle insurance policy, it is difficult getting added coverage for passenger liability, comprehensive coverage or layup policies.
Usually you have to pay extra for these items.
However, most American car insurance policies package these items.
Before buying any insurance it is recommended you check the authenticity of the insurance company.