Welcome to Motorcycles Guide
Husqvarna Motorcycles Article
. For a permanent link to this article, or to bookmark it for further reading, click here.
Motorcycle Insurance
from: JG MashinoChoosing the right insurance policy is much like choosing the right motorcycle. You want it to fit your needs and lifestyle, but at the same time be within your budget. Although most states require you to carry a minimum amount of liability coverage, other types of coverage are usually optional. Always ask your insurance agent or company representative which laws apply in your state.
In order to find out what coverage is best for you, it is important to understand all the options available.
Liability coverage
Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. It doesn't cover you or your motorcycle. Find out if your coverage includes Guest Passenger Liability, which provides protection in the event that a passenger is injured on the motorcycle. Whether or not this is included depends on the laws of your state and the company issuing the policy.
Collision coverage
Collision insurance covers damage to your motorcycle if you are involved in an accident. Your insurance company pays for damages, minus your deductible, caused when you collide with another vehicle or object. Collision insurance usually covers the book value of the motorcycle before the loss occurred.
Comprehensive coverage
Comprehensive coverage pays for damages caused by an event other than a collision, such as fire, theft or vandalism. However, just like collision coverage, your insurance company will pay for damages, minus your deductible, and will cover only the book value of the motorcycle.
Keep in mind most comprehensive and collision coverages will only cover the factory standard parts on your motorcycle. If you decide to add on any optional accessories such as chrome parts, a custom paint job, trailers or sidecars, you should look into obtaining additional or optional equipment coverage.
Uninsured/underinsured motorist coverage
Uninsured/underinsured Motorist Coverage covers damages to you and your property caused by another driver who either doesn't have insurance (uninsured) or doesn't have adequate insurance (underinsured) to cover your damages.
This coverage typically pays for medical treatment, lost wages and other damages. If your uninsured/underinsured motorist coverage includes property damage, then your motorcycle would also be covered under the same circumstances. Check with your insurance professional to see if property damage is included or needs to be purchased separately.
Tips for the cost-conscious rider
Many factors can play a role in determining what your insurance costs will be such as your age, your driving record, 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.
Maintaining a good driving record with no violations will also help reduce your premiums.
In many northern states, riders may save money by buying a "lay-up" policy. With a lay-up policy, all coverage except comprehensive is suspended during winter months.
Find out what discounts your insurance representative offers. Multibike discounts for those insuring more than one bike, organization discounts, 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.
Choose the agent or company that's right for you. If you already have auto insurance, you can contact the same insurer. Otherwise, ask friends, relatives and co-workers where they bought their auto or motorcycle insurance. Your local motorcycle shop may have a company they refer customers to. Or you can check local motorcycle magazines and newspapers for insurance professionals advertising motorcycle insurance.
Source - Insurance Information Institute at www.iii.org
Husqvarna Motorcycles News
Top street rod to feature at speedshow
This year's CRC Speedshow is heating up with the addition of the 2012 street rod of the year, a stunning 1936 Ford coupe owned by Howard and Carol Bond of Howick, which takes a prime display position at the massive annual auto and motorsport show.
Read more...BMW Group posts record sales for April
The BMW Group continued on its successful course as the world’s leading premium car company once again in April with ....
Read more...BMW profit up 18 percent on China, US
Booming sales in China and new versions of key models pushed automaker BMW AG's earnings higher by 18 percent in the first quarter to €1.35 billion ($1.77 billion).
Read more...Bucks Outduel Tigers
BUCKSPORT — Bucksport righthander Mike Cummings overcame six Golden Buck errors, allowing just five hits in a complete game 7-4 win over the Dexter Tigers on Saturday. Carter DeRedin, Jack Cyr and Cummings all singled in a three-run first inning for the Golden Bucks. Shawn Smith had a two-run single and Tyler Maguire also singled with an RBI for Bucksport. For more sports news, pick up a copy of ...
Read more...BMW sees strong sales increase in Asia, N. America, while Europe is flat
FRANKFURT - Booming sales in China and new versions of key models pushed automaker BMW AG's earnings higher by 18 per cent in the first quarter to €1.35 billion ($1.77 billion).
Read more...2012 Motorcycle Expo momentum builds in Melbourne
Momentum is building towards the 2012 Australian Motorcycle Expo Melbourne with all major manufacturers confirming their attendance at the November 23-25 showcase. Just weeks following the floor plan release, over 75% of sites have been snapped up, reflecting the industry's confidence in the event and showing positive signs for the entire two-wheel marketplace. ...
Read more...A-Ward's world record Suzuki heads to CRC Speedshow
It's bright red, super sleek and a genuine world record holder - and it's heading to this year's CRC Speedshow.
Read more...