In Nashville, NC, motorcycle and scooter owners and operators need to maintain liability insurance coverage. If you are the new owner of a motorcycle or scooter, then the Steiner Insurance Group would like you to know more about your coverage options.
Motorcycle insurance is a category of auto insurance, and the following are some of the options available.
The first type of insurance that you need to know about is liability insurance. As mentioned, it is a mandatory requirement. This type of insurance is for property damage and third-party injury for which you are legally liable as a result of an auto accident. NC requires minimum coverage of $30 000 per person and $60 000 per accident. There is also a minimum cover of $25 000 needed for property liability.
Collision and Comprehensive Insurance
Collision insurance covers your motorcycle repairs or replacement on an actual cash value basis in the event of an accident. Comprehensive or Other than Collision insurance provides financial cover if there is damage to your motorcycle from perils like hail, fire, theft, and collision with animals.
If another driver hits you and they are under or uninsured, this provides cover if you and your passenger sustain injury and your motorcycle (your property) sustains damage.
Medical Payments Coverage
This insurance option provides cover for necessary medical interventions or funeral expenses resulting from an auto accident, including as a pedestrian.
Take Action Today!
Before you drive off into the sunset on your newly purchased motorcycle, be sure of two things. You have your helmet on, and you have spoken to the Steiner Insurance Group serving Nashville, NC, about buying motorcycle insurance and peace of mind.