Going over the basics of a motorcycle insurance policy, there are five major parts to motorcycle insurance and they are the same five components as what you would see in an auto insurance policy they are liability coverage uninsured and underinsured motorist coverage medical payments coverage comprehensive coverage and collision coverage  going over each one liability coverage is required on all policies and all states it applies when you are at fault in an accident and caused injuries and/or property damage to others so in other words this coverage pays the other guy ,uninsured and underinsured motorist coverage applies when another driver hits you and they are at fault and they either do not have liability coverage like they are supposed to be carrying or they don’t have enough liability coverage to coverall of your injuries or property damage that’s where either one of those kick in for medical coverage different states use different terms some states call up medical payments coverage some states call it medical benefits coverage and other states call it personal injury protection just remember that they all mean about the same thing they cover you and your passenger for injuries in an accident regardless of who was at fault the last two parts of a motorcycle insurance policy kind of go together comprehensive and collision coverage when you hear somebody say they have full coverage what they mean is they have both comprehensive and collision coverage on their policy there are the actual parts that make up the physical damage coverage on your motorcycle and the best way to learn it is to remember it backwards collision coverage pays for damage when you are in an accident comprehensive covers everything  of comprehensive theft, fire vandalism ,weather damage hitting a deer, things like that if you choose to take out comprehensive and collision coverage on your motorcycle its important that you understand how to duck tables work deductibles are your out-of-pocket expense if you ever have to file a comprehensive or collision claim and the way it works is it pays for damages up to the value of your motorcycle whatever deductible you took out so for example lets say you have a claim that’s a two thousand dollars worth of damage and you have a five hundred dollar deductible your claim is going to pay out fifteen hundred the difference and so deductibles have an inverse relationship with price meaning the lower deductible the higher the premium and vice versa finally here’s a quick tip about helping you find the best motorcycle insurance rate its going to be very time-consuming if you try to get a quote. one company at a time.

A suitable  suggestion is to go to an independent agent who has multiple motorcycle insurance companies that way you can get several prices at once and this is the most efficient way and probably your most likely way to find the best rate.

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