Motorcycle Insurance in Wisconsin
The sunny weather provides plenty of opportunities for bike rides. Whether you’re a new motorcycle enthusiast or a veteran rider, you probably know you need some form of coverage for your motorcycle. You want to be prepared for anything on the New Richmond, WI roads. At Choice 1 Insurance Agency, we recommend speaking to an insurance professional to help you choose the right coverages based on your budget and riding needs. Here’s what you need to know about this crucial policy.
What is Motorcycle Insurance?
Motorcycle insurance is a specific type of automobile policy that covers motorcycles. The policy offers to pay for damages or injuries in case of an accident. This policy is similar to the standard auto policy and has almost the same coverage as car insurance.
What Does Motorcycle Insurance Cover?
Some of the common motorcycle insurance coverages include:
- Liability coverage
- Collison coverage
- Comprehensive coverage
- Uninsured, underinsured motorists
- Medical payments
- Customized motorcycle parts
Do You Need Motorcycle Insurance in Wisconsin?
The state of Wisconsin requires that all motor vehicle operators, including motorcycle riders, have bodily injury liability and property damage liability coverages. This helps ensure you can reimburse other motorists if you cause an accident.
How Are Motorcycle Insurance Premiums Calculated?
Motorcycle insurance premiums are calculated based on a collection of factors. When you visit your insurance company to start the purchase process, you must fill out a form with your details. Your insurance company will use this information to determine how much you should pay.
That means no two motorcycle riders will pay the same amount. Some of these factors include the type and model of the motorcycle, your age and gender, your driving history, experience, the motorcycle mileage, where you live, credit history, and so much more.
Are you looking to buy motorcycle insurance in New Richmond, WI? Choice 1 Insurance Agency can help you select the right coverages to protect you from financial loss after an accident. Feel free to drop by or call our team for more information.