You are required to have motorcycle insurance in the state of Ohio. In order to have the minimum, you must have $50,000 for bodily injury liability total per accident and $25,000 for property damage coverage. Although, it is recommended that you have more than the minimums. Liability insurance will cover property damage and bodily injury that you cause to others involved in an accident.
Bodily injury can cover medical bills, pain and suffering, and lost wages. Property damage can cover the cost of repairing damage to property, including cars, fences, and homes. There are also other coverage options you can get through an agent at Best Choice Insurance. Collision coverage will cover damage to your motorcycle if you get into an accident. Collision coverage will usually cover the value of the bike before the loss happened. Comprehensive coverage will pay for damages that are caused by something other than an accident. This may include vandalism or theft. Just like with collision coverage, comprehensive insurance will cover the value of the motorcycle before the loss occurred. Uninsured and underinsured motorist coverage pays for any injuries to you or damages to your property that are caused by someone who doesn’t have adequate insurance or no insurance at all.
Coverage can pay for medical bills, lost wages, and other damages. If you have customized your bike, then there is equipment coverage. You may want this optional coverage if you have expensive elements added to your motorcycle.
If you aren’t going to be riding your motorcycle throughout the year, you could purchase a lay-up policy. This will suspend coverage, except for comprehensive coverage, for a specific period. This provides insurance for theft or other damages, but you won’t have full coverage if you get into an accident. It may be best to keep the limited level of liability coverage intact since the weather in Ohio is unpredictable and you may want to ride during warm winter days.
Contact Best Choice Insurance to get a quote on motorcycle insurance.