Lock in lower insurance rates for vehicles with two and three wheels.
There’s nothing like hitting the open road on a motorcycle. But before you can roll out, you need to insure your bike. Do you have the right amount of coverage for your classic motorcycle or new trike? With liability, collision, uninsured motorist and medical payments coverage, there are plenty of options to consider. First, you’ll need to determine what type of policy is best for you, then you can start shopping around for the most competitive motorcycle insurance rates.
As a local, independent insurance company, Nixon & Lindstrom has been helping motorcycle owners throughout Springfield and Southwest Missouri with their insurance needs for decades. Lean on our experienced agents to help customize your motorcycle insurance policy in a way that works for you. Whether you’re a new rider or you’ve been riding motorcycles for years, we can help you make sure you have the proper protections in place for property damage, bodily injury and—worst-case scenario—a total loss. Request a free online quote today and start comparing affordable motorcycle insurance policies from leading carriers like Auto-Owners, SafeCo and Progressive.
Whether you ride a classic bike or a brand new cruiser, motorcycle insurance is similar in many ways to car insurance. Most states require motorcycle owners to buy liability insurance, which kicks in if your actions result in bodily injury to another person or damage to their property. Motorcycle liability coverage limits differ by state, but the lowest amount you can carry coincides with the minimum auto liability insurance allowed. Liability insurance, as you might guess, is the cheapest option available with the lowest prices. In some states, motorcycle passengers are covered by liability insurance, but others require separate guest passenger liability coverage. Remember, expanded liability coverage can offer added protection against legal claims stemming from motorcycle accidents.
Beyond liability insurance, there are several other types of coverage you’ll want to investigate as a motorcycle owner sharing the roads and highways with cars, SUVs and semi trucks. Here’s a closer look at each type and why you might need to add these components into your motorcycle insurance policy.
If your motorcycle collides with another object and is damaged, collision insurance would cover the repairs—minus your deductible. With collision coverage, it doesn’t matter who’s at fault if your motorcycle is damaged. Regardless of whether you back into a retaining wall or someone runs a red light and hits your bike, you’re covered.
If you buy comprehensive coverage, you’re protected against any sort of damage that occurs outside of a collision. If someone steals or vandalizes your motorcycle or it’s crushed by a falling tree, comprehensive insurance serves as a safety net. Weather-related damage caused by wind, hail, fire or flooding is also covered.
If a driver crashes into your motorcycle and doesn’t have liability insurance, uninsured motorist insurance coverage provides an added layer of protection. UM coverage is often paired with underinsured motorist coverage, which bridges the gap between the other driver’s insurance and the full cost of repairs or medical treatment. Sometimes, this coverage may also protect you from hit-and-run accidents. UM/UIM coverage is an especially smart investment for motorcycle owners who could be more seriously hurt in a motor vehicle crash.
Medical payments coverage does exactly what its name suggests. This type of insurance pays for medical bills if you and your passenger are injured in a motorcycle accident. Medical payments coverage—or “med pay” as it’s sometimes called—has a narrow focus. Coverage is limited to medical expenses, including emergency transport, hospitalization and surgery. One thing to note: If you buy this type of motorcycle insurance, it doesn’t cover lost wages and other ongoing costs like rehabilitation, if needed.
Personal injury protection coverage applies to multiple scenarios regardless of who’s at fault. PIP covers medical bills if you, a passenger on your motorcycle or pedestrians are injured. Lost income, daycare costs and funeral expenses may also be covered. Some states require PIP coverage, and others prohibit insurance companies from selling it to motorcycle owners. In the remaining states, it’s optional.
For more than 65 years, Nixon & Lindstrom has helped motorcyclists throughout Springfield and southwest Missouri get affordable insurance policies with competitive rates from the nation’s leading insurance companies. Our experienced team of independent agents can help you seek out a certain type of motorcycle insurance or work with you to draw up customized coverage that best suits your needs. Start the process now with a real-time online quote.