Motorcycle Insurance In Texas
Being a motorcycle owner in Texas can be a breathtaking moment in your lifetime. Acquiring motorcycle insurance is vital in managing your risks. It spares you to pay out of pocket when any unforeseen eventuality occurs in terms of injuries or property damage. It's mandatory for all riders in Texas to buy liability insurance, which helps cover other people's injuries or property damage if you are at fault in an accident.
Apart from the legal compulsory minimums required by many states in the U.S.A, it's wise to consider other available coverage options for your motorcycle provided at affordable and reasonable prices. We at Areawide Insurance Advisors of Texas are here to give you a platform to ensure that you acquire salient motorcycle insurance at low prices suiting your needs.
Types of motorcycle insurance offered.
- Comprehensive coverage: This policy provides coverage for losses and damages in an accident other than collision. This coverage includes theft, falling objects, vandalism, fire, or storm damages.
- Collision coverage: This form of policy caters to damages arising from a collision with another motorcycle, fence, car, tree, or other objects.
- Un-insured or under-insured: This type of package provides payment for injuries or damages for you or your motorcycle in an accident where the other party is uninsured or underinsured.
- Liability coverage: This covers other people's property damage and bodily injuries in case of an accident. It only compensates if you are at fault in an accident. It does not cover your damaged motorcycle or personal injuries.
- Gap insurance coverage: It's also known as loan/lease pay-off. This cover is optional and applies if your bike is destroyed or stolen. It pays for the motorcycle's face value during the time of the accident or theft minus the remaining loan amount or lease.
- Medical payments (med pay) coverage: This caters to medical bills for you and your passenger incurred from injuries after an accident.
Are you a motorcycle owner in Texas? If you have any queries about motorcycle insurance, call us or visit our Areawide Insurance Advisors offices in Texas and start your insurance journey with us!
