Motorcyclists know that driving without insurance is dangerous, but what many do not know is that there are a variety of add-ons to an insurance policy that can provide more assurance of security. For instance, you may wonder if uninsured motorist coverage is a good addition to your current motorcycle insurance policy.
W.B. Adams Company, which serves Beaverton, OR, can help you determine if you should consider uninsured motorist coverage. In the meantime, here’s what you need to know about it.
Oregon Insurance Requirements
Before you consider uninsured motorist coverage, you need to know the requirements in your state. Oregon does not require uninsured motorist coverage, but motorcyclists are required to have insurance to cover liability. Liability coverage comes into play if you are determined to be the responsible party in an accident. Your liability coverage may provide for property damage and medical bills for others involved.
Uninsured Motorist Coverage Is a Smart Investment
So, what happens if the other driver does not have insurance and they are responsible for the accident? That’s when uninsured motorist coverage kicks in. This coverage helps cover your insurance costs when you are left with nobody to hold responsible.
If you do not have coverage for uninsured motorists, you could be left to cover the expenses on your own. This can become expensive, and it’s a risk many drivers do not want to take. Motorcyclists are at higher risk for injuries than other drivers, which gives you all the more reason to consider adding this coverage to your policy.
Find the Right Motorcycle Coverage for You
W.B. Adams Company can help you find the right coverage for your motorcycle. If you live in Beaverton, OR, check out our website to learn more about your policy options.
The best time to purchase motorcycle insurance is right after you get your bike. Motorcycle coverage offers you protection against accidents, theft, breakdowns, and more. These tips from W.B. Adams Company can help you determine the scope and amount of motorcycle insurance to buy.
Consider Motorcycle Insurance Requirements in Oregon
Oregon requires that motorcycle owners carry liability insurance to cover damages of others in accidents they cause. This protects you from having to pay these damages out of your own pocket. A serious accident could deplete your savings if you had to pay for injuries or property damage independently. Before you hit the road, make sure you have this coverage.
Consider the Value of Your Bike
Protecting your bike is just as important as protecting others. Motorcycle collision and comprehensive insurance cover your motorcycle repairs after an accident. Collision insurance covers collision damage. Comprehensive insurance covers weather damage, damage from vandalism, animal strikes, and other non-collision events. It also covers the market value of your bike if it’s stolen.
If an uninsured driver hits your bike, uninsured motorist insurance covers repair costs, so you’re not stuck with high repair bills on your own.
Consider Your Riding Experience
If you’re a new rider, you may want as much coverage as you can get to protect yourself against the unexpected. As a new rider, you’re more prone to cause or be involved in an accident due to your lack of riding experience.
Your insurance coverage should also coincide with your lifestyle. If you only use your bike to ride to work or school in Beaverton, OR, you may not need as much coverage as someone who goes on extensive road trips.
For quality motorcycle coverage at affordable costs, call or visit W.B. Adams Company today. We service residents in Beaverton, OR, and surrounding communities.
If you ride a motorcycle in Redmon or Beaverton, OR, it’s crucial that you’re aware of the fact that your state enforces some motorcycle insurance requirements that you need to meet. We provide motorcycle insurance to Oregon bikers at W.B. Adams Company.
The following are three things you should know about motorcycle insurance requirements in Oregon.
Bodily injury coverage requirement per individual
You can potentially be held liable if another person becomes injured in an accident that you are involved in. For these scenarios, the state requires you to carry at least $25,000 in bodily injury liability coverage on your Oregon motorcycle insurance policy.
Bodily injury coverage requirements per accident
You also need to meet coverage minimums when it comes to bodily coverage amounts per accident. Multiple individuals might experience an injury as the result of an accident you’re involved in.
In this case, you need to carry at least $50,000 in liability insurance coverage for bodily injuries per accident.
Property damage coverage requirement
Another liability to be aware of when riding your motorcycle in Oregon is property damage liabilities. You could potentially cause damage to the property of another individual if you are involved in an accident.
In Oregon, the minimum liability coverage requirements for motorcyclists is $20,000. Your motorcycle insurance policy needs to carry at least this much property damage coverage.
Now that you understand some details about motorcycle insurance requirements in Beaverton, OR, it’s time to find the right insurance policy. Get in touch with us at W.B. Adams Company for assistance in finding the best motorcycle insurance policy for your unique needs and preferences.