Lengthy but important.
Motorcycle Insurance coverage is a requirement for all of our leased vehicles. With the exception of Florida, all policies must also include Comp & Collision coverage.
Liability Insurance: (Must meet state minimum coverage) This covers other people injured in an accident, but it doesn't cover your own injuries.
Comprehensive Insurance: (Max deductible $500) This covers your motorcycle for losses resulting from incidents other than collision. For example, comprehensive insurance covers damage to your motorcycle if it is stolen; or damaged by flood, fire, or animals. It pays to fix your motorcycle minus your deductible.
Collision Insurance: (Max deductible $500) This covers damage to your motorcycle when your motorcycle hits, or is hit by, another vehicle, or some other object. This coverage pays to fix your motorcycle minus the deductible you choose. Coverage is normally limited to the cash value of your motorcycle.