Motorcycle Insurance in Palatine, IL
Having motorcycle insurance is as important as properly gearing up for an adventure. It can safeguard you against financial losses following unexpected mishaps. Additionally, in Illinois, you must have a policy with at least the minimum liability coverage to register and ride a motorcycle.
How Does It Work?
When you purchase a motorcycle insurance policy, you make monthly or annual payments to keep your policy active. Your motorcycle insurance company may pay out if you’re in an accident or if your bike is damaged and you file a claim.
What Does It Cover?
Motorcycle insurance policies vary depending on factors such as your age and riding habits. However, a typical policy may cover the following:
- Liability insurance may cover bodily injury and property damage you may cause to other people in an accident. It may also pay for third-party medical bills and lost wages.
- Collision insurance may cover damage to your motorcycle if you are involved in an accident.
- Comprehensive insurance may pay for damage due to noncollision events, such as fire, theft or vandalism.
- Uninsured/underinsured motorist insurance may cover damage to you and your property if you’re in an accident with an at-fault rider without sufficient insurance.
- Optional equipment insurance may help replace or repair custom parts and accessories attached to your motorcycle.
How Much Does It Cost?
The cost of your motorcycle insurance may differ based on factors such as your age, driving history, location, motorcycle type, coverage limits and deductibles. Typically, seasoned riders with clean records and less powerful bikes enjoy lower premiums.
Take advantage of discounts to save on motorcycle insurance costs. Some insurance companies offer discounts when you bundle your motorcycle insurance with other policies (e.g., auto or home insurance), complete a motorcycle safety course or install an anti-theft device on your bike.
Who Offers Motorcycle Insurance?
The agents at Pronto Insurance can help you explore options and decide on proper motorcycle insurance coverage. Contact us today to get started.