Why Your Motorcycle Should Have Uninsured Motorist Coverage

motorbike on the road riding

Motorcycle drivers need to have vehicle insurance just like everyone else on the road, especially Uninsured Motorist Coverage. An Uninsured Motorist policy (also known as “UM”) is a coverage that takes care of a driver if they are hit by an uninsured driver who is found responsible for the accident. In cases like these, it would be the responsibility of the uninsured driver to pay out of pocket any and all costs related to the accident. If they do not have the money to pay, however, the UM policy would cover the rest. Without the policy, the innocent party is on their own.

Uninsured Motorist insurance is a special type of insurance coverage made available to all drivers through their insurance company. The primary function of it is to take care of situations when an uninsured motorist causes an accident. Some drivers choose not to have any car insurance at all, despite this being against the law in all 50 states. If they cause an accident, not only are they liable for the entire bill themselves, but they can face additional fines and even jail time for breaking the law.

Unfortunately, many times people without insurance do not have it due to the cost, so if they cause an accident, they do not have the funds to pay for it personally. In these situations, Uninsured Motorist coverage comes into play. UM policies will allow the innocent driver to be compensated for any costs that cannot be covered by the other driver. This is a very important type of policy to have with any vehicle, especially when driving a motorcycle.

Motorcycles are naturally at a higher risk for accidents. As a smaller vehicle, they can be harder to spot from the view of a larger vehicle. Being open vehicles, motorcycle riders have a higher chance of injury due to not being enclosed within a sizeable vehicle such as a car or SUV. While there are many ways to keep oneself physically safe while riding, the Uninsured Motorist policy can keep oneself safe financially as well.

Motorcycle Uninsured Motorist coverage works just like any other insurance policy for a regular vehicle, such as a car or truck. It is an additional coverage that can be added to the base coverage when you sign up for service through an insurance carrier. Rates will vary from state to state, as well as the different amounts of coverage on the policy.

The higher the amount of coverage, the better. When an accident occurs, it can obviously leave both parties with damage to their vehicles and injuries to themselves, but costs can go beyond repairs and medical bills. An injured party could be out of work for weeks or even months, which could result in the need for payment for lost wages during that time. If the incident goes to court, it could also result in a judgment which includes “pain and suffering” money to be paid to the victim for having to deal with the whole situation through no fault of their own.

Most insurance companies offer Uninsured Motorist coverage, so it is not difficult to add it to an existing policy. While laws may be different in each state, a few states require UM coverage no matter what. Another similar form of coverage is the Underinsured Motorist policy. This policy covers similar situations, where the guilty party has insurance but not enough to cover the entire bill. Both types of coverage help take care of those who are in an accident and not guilty of causing it themselves.

Depending on the state, some injured parties may be required to sue the other driver in order to obtain payment in an Uninsured or Underinsured Motorist situation. This creates a judgement by the court that states the other driver was wrong to not have insurance coverage, or did not have enough coverage, and owes a certain amount of money to the injured. This way, there is legal documentation on file that will require either the guilty party or the injured party’s own insurance company to cover the cost of the accident.

Get The Best Motorcycle Insurance

Riding a motorcycle may be a fun experience and a convenient way to get around, but it comes with many risks. Get the best motorcycle insurance rates and be sure to check your insurance coverages and policies to ensure you are covered financially from any situation that may arise on the road. It is much better to have extra coverage and not use it than it is to not have coverage and need it.