Motorcycle Insurance

Similar to car insurance, a minimum amount of motorcycle insurance is required by most states. Like car liability insurance, motorcycle liability insurance covers damage caused to other people in an accident.

Three forms of motorcycle liability coverage

Guest Passenger Liability Protection

This covers bodily injury to passengers on your motorcycle.

Bodily Injury Liability Protection

This covers costs if you are liable in an accident in which someone is injured or killed.

Property Damage Liability Protection

This covers damages to another person’s property for which you are liable.

This covers damages to your motorcycle if you are involved in an accident, minus your deductible. It generally covers the book value of the motorcycle.

This pays for damages that occur in an event other than a collision. In the event of a fire, theft, vandalism, or other insured damages, your insurance company will pay for damages, minus your deductible.

This provides payment for necessary medical treatment you or your passengers require following a covered accident.

Personal Injury Protection Coverage (PIP) is also known as “no-fault” insurance. It typically covers the medical, rehabilitation, or funeral expenses required for you, covered family members, or covered passengers.

Optional Coverage

This protects you, family members, or passengers who are injured or killed in an accident involving a driver who has no insurance or not enough insurance.

This is added to your comprehensive coverage for an additional premium. It covers the loss of any optional or added equipment that is not permanently installed on your motorcycle, such as crash bars, custom seats, windshields, saddle bags, luggage racks, custom light bars, and custom exhaust systems.

This involves payment for the cost of labor done at the site of damage of your insured or non-owned motorcycle in addition to towing charges.

This pays for the cost of renting an automobile if you have comprehensive and/or collision coverage and the loss of your motorcycle involves that coverage.

BOAT INSURANCE

Regardless of the type of boat you own, your boat is an investment you need to protect. Boat insurance plans vary depending on the type of boat that is covered. If you have a yacht, bass boat, or Jet Ski an insurance plan can be created to fit your needs. Boats and other Personal Watercraft (PWC) items are not covered on most home insurance policies. Risks such as storms, theft, and accidents can leave you with a considerable financial loss. Don’t let your watercraft and passengers go unprotected.

Liability insurance covers you and members of your household in the event that you are held legally responsible for injuries to other people on or off your boat or if you or they cause damage to someone else’s property. Some plans also cover costs to defend you in lawsuits brought against you.

There are frequently limits put on the dollar amount that will be covered for an accident. Bodily Injury Liability and Property Damage Liability limits will be set based on the policy you choose. The two may also be counted together as a Combined Single Limit.

Benefits may also be available to cover repair costs for partial losses to your boat, protection for boating equipment and accessories, and emergency services for towing and labor for your boat.

You may also choose Personal Effects Coverage for items such as clothing, fishing equipment, water skis, and other items you keep on your boat.

Fuel Spill Liability Coverage is available to cover accidental spillage that may occur due to accidents or boat failure. Federal and State laws hold boat owners responsible for containment and cleanup in the event of fuel spillage.

Uninsured Boater Protection is similar to that offered in auto insurance policies. If you are involved in an accident with an uninsured boater or a hit-and-run, injuries or damages you sustain will be covered by your policy.

You may be eligible to receive discounts on your insurance coverage if you have completed U.S. Coast Guard Auxiliary courses or U.S. Power Squadron safety programs.

Discounts are often available to those who have protective devices installed on their boats such as a burglar alarm, depth finder, radar system, etc.

If your boat has passed the Coast Guard Vessel Safety Check you may be able to receive a discount.

Some boat insurance programs offer discounts if you get your home and/or auto insurance from the same company.

RECREATIONAL VEHICLE (RV) INSURANCE

A standard auto insurance policy will not cover your specific needs as an RV owner. RV insurance is specially tailored to the needs of the RV enthusiast. Price is important in determining what insurance is right for you, but ensuring you have the proper coverage to meet your lifestyle is vital. First, you must understand what coverage is available to you.

If you lose your RV to an accident or theft, you will receive the full replacement value of your RV. Some plans provide you with a new RV in place of a dollar amount.

With some plans, your comprehensive and collision deductible is reduced by 25% for each year you remain claim-free. After four years, if a loss occurs you pay no deductible.

The items you take with you on your RV such as house wares, clothing, tools, and other personal effects are covered up to an amount specified in your policy.

In the event of battery failure, flat tires, lockout service, mechanical, or electrical failure that require towing, your plan may include coverage for these expenses. Some plans specify assistance for some of these events and not for others. Be sure to check your policy to know what is specifically covered for you.

This feature reimburses you for expenses such as hotels, transportation, and food if your RV fails and you are stranded away from home.

Full-timer coverage is for those that claim their RV as their primary residence. It works similarly to the average home insurance policy. It provides comprehensive personal liability, personal effects, and additional expense coverage. Plans vary based on the amount of coverage you choose.

Your plan may also include Fire Coverage and coverage for customization features like awnings, entertainment centers, wheelchair ramps, etc. You can add additional coverage as you see fit.