You just bought a new motorcycle, and you’re ready to hit the road. Helmet? Check. Jacket? Check. Gloves? Check.
Think you’re ready? Not quite. You may be forgetting something—like insurance. But wait—do you need motorcycle insurance? Read on to find out.
Motorcycle Insurance Coverage Recommendations
Auto insurance is required almost everywhere in the United States, and the same applies to motorcycle insurance. The law states that you do need insurance for a motorcycle in all states, with Florida being the only exception. While you can technically buy a motorcycle without insurance, you cannot legally ride it until you have a policy that meets the state’s minimum requirements. You will also need proof of insurance to register your motorcycle.
The minimum requirements vary from state to state, but liability coverage will typically be required. Liability insurance covers property damage and bodily injury. Generally, each state will require $10,000 in property damage coverage and a minimum of $25,000 in bodily injury protection per person and $50,000 per accident.
However, you may be required to get even more coverage if you financed your motorcycle. The lender wants to protect the bike, so you have to add on collision and comprehensive coverages. And even if you live in Florida, you should still get motorcycle insurance—and even more coverage than what is required. Without it, you could be sued for injuries or damages you cause in a crash.
Now that you know you do need motorcycle insurance in almost all states, you can plan accordingly and ensure you have at least the minimum coverage.