If you have a motorcycle, you might be wondering about motorcycle insurance. You may not be interested in getting any. However, that could be a mistake. Here are some reasons why Land Home Insurance Services recommends this insurance in Concord, CA.
Why Do You Need Motorcycle Insurance?
It may be required by your state. Most states require that you have some sort of motorcycle insurance. The only state that doesn’t require motorcycle insurance is Florida.
Your loan may require insurance, in order to protect your investment. Just like with car insurance, if you had to take out a loan in order to buy your motorcycle, they will require you to take out a certain amount of insurance. They may require collision and comprehensive insurance.
If you can’t afford to replace your bike, you are going to need insurance. If money is tight, and you can’t afford to fix your motorcycle or replace it, you should consider getting insurance. If the accident is your fault, you are going to be held liable for all of the costs, including your own bike.
You could also be held liable for their repairs, plus any medical bills that they may have. If you hurt someone in an accident, you are going to have to pay for their medical care, no matter what it costs. Your insurance will cover those fees unless you don’t have any.
Though you may not want insurance, everywhere except Florida requires you to have it. Your loan company may also require it. Other than that, you should have it so that you don’t have to worry about paying for medical bills and fixing your bike if you are involved in an accident.
If you need someone to talk to about motorcycle insurance, you should contact us at Land Home Insurance Services in Concord, CA.