Motorcycle insurance is required in Connecticut, but that isn't the only reason to carry insurance. It's a prized possession, and the costs of an accident can affect you long term if you aren't protected. County Insurance Agency Inc believes there are several reasons to choose to insure your bike.
Motorcycles are at a higher risk of accidents and theft than other types of vehicles. Injuries and damages are often more serious because there's little to protect you or the bike in a crash. Theft is also more likely because the bike can be easily loaded onto a trailer or vehicle. It's a good idea to be aware of the increased risk and prepare for it with the proper insurance coverage.
Protecting Your Investment
Even a minor accident can do expensive damage to your bike. If you can't afford to replace your bike in the event of an accident, you should consider full coverage insurance. If you have a loan for your motorcycle, your lender will likely require you to carry full coverage insurance. If you have a loan without insurance, you will still be required to pay off the loan, even if the bike is destroyed.
Protecting Your Financial Security
Liability insurance will cover the other party's expenses in the event of an accident. If you have an accident with a vehicle and it is ruled your fault, liability insurance will cover the other person's damages, including damage to their vehicle and medical bills up to the coverage limits. If you frequently ride with a passenger, most liability policies will also cover expenses for your passenger's injury. Full coverage isn't required, but state law requires liability insurance before you can register your motorcycle.
If you need motorcycle insurance, contact County Insurance Agency Inc. Our knowledgeable TriState agents will work with you to ensure you have the right coverage for your needs.