What to know about motorcycle/ATV insurance
Insurance designed for motorcycles, mopeds, ATVs, golf carts and other outdoor sports vehicles provides financial protections against a loss to your property. It also covers your liability or legal responsibility for any injuries or property damage you cause to other people.
What does motorcycle insurance or ATV insurance cover?
A standard motorcycle/ATV insurance policy is comprised of the following parts:
Property damage liability
Provides legal liability for a covered accident that involves damage to someone’s property, up to the limit of liability you select.
Bodily injury liability
Provides payment for injury or death resulting from an accident for which you are at fault. Bodily injury liability, also known as BI, can help pay for the injured party’s medical expenses and lost wages, and may also help provide compensation for legal defense. The limit, or the amount covered, is select when you purchase your auto insurance policy.
Collision insurance covers damage to your vehicle 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.
Comprehensive coverage pays for damages caused by an event other than collision, such as fire, theft or vandalism. However, just like collision coverage, your insurance company will pay for damages, minus your deductible. Custom equipment coverage is also available.
Uninsured or underinsured motorist coverage (UM)
Uninsured motorist coverage pays for medical treatment, lost wages and other damages if a driver who has no insurance hits you.
Medical payments provide coverage in the event of first party injury while operating the insured vehicle.