The sun on your back and the wind in your face – riding on a motorcycle gives you a feeling of being one with the road. However, it also puts you in danger from weather, other drivers, and road hazards. When an accident occurs, you could be responsible for the cost of repairs and injuries. To comply with New York State regulations and protect your finances, you need motorcycle insurance.
Motorcycle insurance is a type of vehicular insurance designed specifically to protect motorcycle riders and their equipment. Much like regular auto insurance, there are certain regulations put in place by New York, as well as a variety of coverage options that allow you to tailor your coverage to your situation. Premiums vary based on your coverage, driving record, and other factors. To get the most complete coverage and save money, it’s best to work with an agent who has experience with motorcycle insurance.
To legally drive in NY, all vehicles must be properly registered, including motorcycles. As part of the registration process, the state requires you to submit proof of insurance to guarantee that all motorists have at least a minimum amount of insurance coverage in case of an accident. Be sure to check with your agent for state requirements. These requirements may be lower than what your agent suggests you carry.
Failure to maintain your insurance can result in loss of license and registration. However, for motorcycles, you can suspend your insurance for a period of time without loss of registration, to allow for winter storage of your bike. However, you must be sure your insurance is current before taking it back out on the road.
Riders in NY must also comply with other state regulations about helmets, eye protection, headlights, and passengers. Failure to do so could jeopardize your insurance coverage.
In addition to the required coverage, there are many options to choose from for your motorcycle policy. Some carriers offer seasonal rates, so you can save money during the winter months when it’s not safe to ride on NY roads. Other specialized coverage options may include:
With so many options, it is beneficial to work with an agent who is experienced in motorcycle policies. They can help make sure you get the discounts you qualify for, as well as comprehensive coverage for your bike and other equipment.
Riding a motorcycle is a great joy, but also a great responsibility. In order to legally drive any vehicle in New York, you must have bodily injury and property damage liability coverage. Your motorcycle insurance policy may also include a variety of other options that can tailor your coverage to your situation and budget. Your insurance agent can help you find the right coverage for your bike.