Loaning Your Car: Understanding Insurance Implications
April 18, 2024
Motorcycle Insurance
Motorcycle Insurance Lewisburg Ohio
Motorcycle Insurance Customer Service Options
Self policy service any time of the day, directly from our website. To request a policy change on your account, click any of the following policy service options below.
Why do you need Motorcycle insurance?
You’ll enjoy being out on the open road even more when you’re not worried about the safety of yourself, your passengers or your investment. Here are a few things to consider:
If you’re in an accident or your motorcycle is stolen, it costs money, often a lot of money, to fix or replace it.
If you or a passenger is injured in an accident, medical costs can be extremely expensive.
If your motorcycle is responsible for damage or injury to others, you may be sued for much more than you’re worth.
Your motorcycle may be one of your most prized possessions. It deserves special protection.
Know for sure you are protected. Call us today for a motorcycle Insurance policy review.
Questions to ask your agent.
Your Independent Agent is an advocate for finding insurance that meets your specific needs. Here are a few things to consider as you prepare for the discussion:
What your cost savings would be if you raised your deductible?
What discounts and programs are available? (Ask about discounts for taking safety classes or having multiple policies with the same insurance carrier. You may also save money if your motorcycle is stored in a locked garage or if you belong to a motorcycle association or club.)
How much medical and liability coverage should I have?
Does the insurance company have a good reputation for customer service, is it known for paying claims fairly and promptly?
What is the process for filing and settling a claim?
Tips to cost-conscious rider
Many factors can play a role in determining what your insurance costs will be, such as your age, your driving record, your riding experience, where you live and the type of motorcycle you own, or being a graduate of a rider-training course.
Many companies offer discounts from 10 to 15 percent on motorcycle insurance for graduates of training courses, such as the Motorcycle Safety Foundation (MSF) rider course. Riders under the age of 25, usually considered a higher risk, may see some savings by taking this course. It’s also a good idea for cyclists who have already had accidents. Ohio Motorcycle Safety Class
Maintaining a good driving record with no violations will also help reduce your premiums.
Ohio & Indiana riders may save money by buying a “lay-up” policy. With a lay-up policy, all coverage except comprehensive (fire & theft) is suspended during winter months.
Find out what discounts your insurance representative offers. Multi-bike discounts for those insuring more than one bike, organization discounts such as H.O.G., if you’re a member of a motorcycle association, and mature rider discounts for experienced riders, are just a few possibilities. Discounts can range anywhere from 10 percent to 20 percent, depending on the company and your state. Availability and qualifications for discounts vary from company to company and state to state.
Keep in mind that the type, style (such as a sports bike vs. a cruiser) and age of the motorcycle, as well as the number of miles you drive a year and where you store your bike may also affect how much you pay for your premium.
Not all insurance companies are the same. Every insurance company has their favorite group of rider and bike therefore rates can vary greatly between carriers. An independent insurance agent can help you shop your coverage in multiple carriers to make sure you are getting the best rate and coverage for your age, experience and type of bike.
