Motorcycle and Scooter Insurance
Motorcycle liability insurance is required in most states in the US, including Wisconsin. Liability protects you against damages or injuries you cause to another person due to an accident. It also provides protection for legal defense if needed.
The following factors affect credit ratings:
1.Your credit score is scrutinized much more fully when applying for motorcycle insurance than auto insurance. Motorcycle riders are more likely to file claims so insurance companies raise premiums for people with a bad credit history based on their risk.
2.If you keep your bike in a garage or storage unit, it is less likely to be stolen, decreasing rates.
3.If you travel in high crime areas, your risk is greater, increase premiums. 4.If you ride year round, you face more risks than if you only ride on the weekends or part of the year.
5.The make and model affects rates. If the bike is new or expensive it affects repair or replacement costs.
6.After market additions such as custom frames increase the cost in the event of repair or replacement.
7.Take a motorcycle safety course and wear protective gear.
To protect your investment and yourself and make the best decisions on coverage, talk to us. We can answer your questions about deductibles, limits and how to choose the best policy for your individual needs.
Scooters have become very popular within the last couple of years. They are easy to park and are cost effective, often getting up to 100 miles per gallon. However, they are still considered motorcycles and riders need to carry liability insurance. Most states including Wisconsin require this. The price to purchase a scooter is relatively inexpensive so insurance is quite reasonable. Ask about for a multi-policy discount if you are already insuring your home and an auto.