The majority of the 20+ auto insurance forms being sold in Texas exclude motorcycles. If your motorcycle is a registered motor vehicle, the State of Texas requires you to have liability insurance. Your solution is to buy a motorcycle policy. The insurance coverages of a motorcycle policy are similar to your personal auto policy.
If you would like a description of the coverage parts, go to the personal auto video. Generally motorcycle liability insurance is much cheaper than your auto liability insurance. With the exception of high performance bikes, expect a minimum liability premium of under $100 a year. Therefore with motorcycle insurance you should consider getting more than the minimum required liability limits.
The reasonable liability rates are the good news. The bad news is any bodily injury insurance for you or any passenger on your bike is very expensive. As a result, many of our clients rely on their health insurance and exclude the medical payments and uninsured/underinsured motorist liability coverages.
If your bike is financed, the bank is going to require you to insure your bike from physical damage. The insurance coverages you will buy are called comprehensive and collision. The premium for the comp and collision are normally fairly reasonable. It starts getting more expensive with high dollar, high performance bikes and special hazard cycles. Special hazard bikes include modified, chopped frame, extended front forks, and homemade cycles. To learn more about motorcycle insurance in Alvin TX give us a call today.