Texas motorcycle owners need to follow local laws that apply to insurance. By acquiring adequate coverage, they fulfill their obligations as defined by the law. They also obtain adequate coverage to pay for medical expenses and auto repairs associated with automobile accidents. Motorcycle Insurance Consultants in Austin TX help these owners fulfill these requirements.
Identifying the Basic Requirements
The minimum coverage amount of motorcycle insurance is the same for automobiles. It provides $30,000 initially for the accident. However, if there are more than one accident victim, the policy offers a total of $60,000. It also pays for automobile repairs up to $25,000. The motorcycle owner may increase coverage if they prefer. They could also add under or uninsured motorists coverage to the policy to provide fuller protection.
Further Requirements for Riders
Motorcycle insurance policies may place restrictions on riders. For example, they must follow specific laws and regulations that define safety equipment required at any time they operate the motorcycle. This includes wearing a helmet and protective eye wear. The handlebars on the motorcycle must meet the height restrictions as well. Additionally, coverage may be limited if the motorcycle rider is at fault due to traffic violations including lane splitting.
The Benefits of an Umbrella Policy
Automobile owners who also own a motorcycle should consider the benefits of an umbrella policy. These policies allow the owner to include several vehicles together. This could reduce their overall monthly premiums for these vehicles. This provides them with a multi-car discount.
Reviewing Additional Coverage Options
Motorcycle owners could increase their coverage to achieve a higher level of protection. Comprehensive coverage is the greatest protection level achievable. If their motorcycle is financed through a lender, they must maintain a comprehensive policy for the full duration of the loan.
Texas motorcycle owners must comply with local laws to avoid penalties related to no insurance coverage. To fulfill this requirement, they must acquire at least minimum liability coverage. However, they aren’t limited to the minimal coverage level, as they could choose coverage up to comprehensive. To purchase insurance today, the owner should speak with Motorcycle Insurance Consultants in Austin TX at Perdue Insurance Group.
