Who in Vermont Needs a Motorcycle Policy?
Vermont residents who own a motorcycle generally should have insurance for it. In order to legally ride on public roads in the state, motorcycle owners need motorcycle liability insurance coverage that at least meets the state’s minimum requirements. In addition to motorcycle liability insurance coverage, riders who have financed or leased their bike are often obligated by the terms of their agreement to carry comprehensive and collision coverage for the bike.
Even if a bike isn’t being taken on public roads, riders still often should have motorcycle liability insurance coverage and other protections. Accidents can occur on trails, private drives and even in garages.
What Factors Affect a Motorcycle Policy’s Cost?
Motorcycle policies’ premiums are based on many factors. Some of these, such as the policyholder's age and accident history, are similar to the variables that impact auto policies’ rates. Other factors are more specific to motorcycles. For example, insurers may also consider:
How many CCs a bike has
What style a bike is (e.g. cruiser, sport, etc.)
Whether aftermarket parts are installed on a bike
Are Helmets Covered By Motorcycle Policies?
While some motorcycle policies cover riders’ helmets, not all policies include this coverage automatically. Furthermore, those that do sometimes have limits that are below a helmet’s value.
To make sure their helmets are fully insured, riders should ask a knowledgeable agent to check their policy’s coverages. An agent will be able to check what coverage the policy provides, and the agent will be able to assist with getting more coverage if more protection is needed. More coverage may be obtained by adjusting coverages, getting an endorsement or looking for a different policy.
How Can Riders in Vermont Get Motorcycle Insurance?
For help finding a policy that will provide robust protection, motorcycle owners in Vermont should contact an independent insurance agent who specializes in motorcycle insurance. An agent who’s familiar with this particular type of insurance will know what coverages are available, and they’ll be able to make informed recommendations. If they’re independent, they’ll also have the freedom to show riders any insurance company’s policies.