1005 Tunnel Rd
Asheville, NC 28805
For some, the perfect summer vacation is purchasing a motorcycle and traveling on our country's great open roads for their next adventure. But here's their reality check as much like an automobile, you must show proof of insurance before you can leave the dealership.
Whether a motorcycle is your lone source of transportation around Asheville, NC or if you're a weekend warrior, you need to have some form of insurance before you can ride your new purchase.
Liability coverage can be found in most standard motorcycle insurance agreements as it covers a victim's injuries and property damage up to the limits of the policy.
North Carolina law requires all motorcycle riders to carry some form of liability insurance and here are the minimum coverage requirements:
It's smart to protect yourself and your financial assets by extending your liability coverage beyond the state's requirements. This comes in handy if an accident victim decides to sue you for damages in a possible personal injury lawsuit. Minimum liability coverage may not be enough to cover your legal expenses and possible settlement payout if you lose the lawsuit. Extended liability coverage will protect your personal assets from being used as collateral in a final decision.
Most motorcycle insurance coverage options are like an automobile policy as they're considered add-ons to an existing agreement. The most popular options include collision, comprehensive and personal injury protection.
Collision coverage pays for the damage sustained by your own motorcycle as the policyholder will be subjected to a deductible payment before the start of all repairs. Comprehensive coverage will pay for the costs of a new motorcycle if it has been stolen or damaged beyond repairs in a collision with something other than another vehicle. Personal injury protection covers all medical treatment costs for those injured in an accident. Those included are yourself, your passenger and innocent bystanders.
If you're looking for the right motorcycle insurance coverage that fits your financial situation, speak with Asheville Insurance Center. Their staff has the experience and knowledge to suggest various options that fit your criteria.