What To Know About Motorcycle Insurance: Beginner's Guide

​Motorcycles don’t have safety seatbelts and airbags to shield motorcyclists from physical injury. Additionally, these two-wheel vehicles lack a hard shell that entirely protects the body and are more vulnerable to damage and injury when an accident occurs. 

Motorcycle accidents commonly result in devastating injuries that could disable a body or lead to a substantial financial loss. Having motorcycle insurance can help you with these situations. Motorcycle insurance helps to protect you from financial liabilities if you’re involved in an accident by paying for your medical bills and covers the costs of repair or replacement of damaged motor vehicles.

Types of Motorcycle Insurance Coverage
Selecting the type of coverage is entirely your decision. However, it’s essential to consider your budget because the type of motorcycle insurance coverage will reflect your insurance cost. 

1. Comprehensive
   Comprehensive coverage covers everything in case of an accident, fire, or theft, such as damage to your motorcycle and the third party’s motorcycle. However, comprehensive coverage varies between insurance companies; some coverage applies to others while some don’t. It would be best to have complete knowledge of the insurance policy you want before actually purchasing it. 
   
   
2. Third-Party Fire and Theft (TPFT)
   Third-party, fire, and theft (TPFT) is another type of TPO insurance. The coverage revolves around three areas: 
      - Damage to another motorcycle. 
      - Fire accidents that damaged your bike.
      - Theft of your bike.
   
   
3. Third-Party Only (TPO)
   Third-party only (TPO) should cover you for any harm incurred to a third party's vehicle if you’re responsible for the accident. This type of policy is helpful for riders on a budget. However, you should remember that third-party only (TPO) won't cover any damage to your car due to your driving. If the other party is responsible for damaging your bike, you may file a claim against the other person's insurance.

Rider’s Security
As a motorcycle rider, you should know that accidents may happen unexpectedly upon riding your motorcycle. Having motorcycle insurance could save you when you get into an accident. The insurance coverage depends on your chosen policy. That's why picking the best insurance coverage for your needs is vital for your security.

At Jacobs Insurance Solutions, we put our clients first by offering them policies that they can afford. Insurance is a necessity nowadays, and we're here to help you. Learn more about our products and services by calling our agency at (817) 485-8989. You can also request a free quote by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!