Motorcycle Insurance Policies

According to the Motorcycle Industry Council, motorcycle sales for the major brands increased 7.2% in the first quarter of 2011, and motorcycle usage is growing nearly 5% per year.  The National Transportation Safety Board states that while motorcycles make up only 3% of all registered vehicles, they account for 13% of all vehicle fatalities.

A customer wishing to insure a motorcycle has two options: add it to an existing auto policy by endorsement, or purchase a separate motorcycle policy.  A separate motorcycle policy can ensure that customized accessories are insured to full value. Another way to customize a motorcycle policy is to include "seasonal" coverage for those who only use their bikes during warm months.

Driving history, credit score, location and age can affect insurability, as well as the cost of the policy. Policy holders can often receive discounts by completing a motorcycle safety course, wearing a helmet and joining a motorcycle organization.

Have fun riding, but make sure you have adequate coverage in the event of an accident.

Call Shelly at Ben Goodwyn Agency 972.618.0100 for more information.