Motorcycle Insurance in Colorado
Whether you use your two-wheeler in Evergreen, CO to commute, run errands, or for fun, you must consider motorcycle insurance from Davidson Insurance Agency. Like car insurance, motorcycle insurance is mandatory in Colorado, but most importantly, it protects your finances when calamities strike.
Motorcycle insurance coverage options
If you are familiar with car insurance, most policies are similar to those offered to bikers. The standard motorcycle insurance options include:
- Liability coverage: The law requires that all bikers must invest in bodily injury and property damage liability coverage before hitting the road. Since the required liability limits are low, we encourage our clients to increase the limit to protect their assets and earnings. When faced with a significant liability claim, the state-required limits can only go so far, and that’s why you need to increase the limit to avoid losing what you have worked so hard to achieve in life.
- Collision coverage: If you collide with another motorist or hit a stationary object, this coverage pays for the repairs of your bike up to the policy limit.
- Comprehensive coverage: Similar to collision coverage, this coverage pays for the loss and damage sustained to your bike only that it’s limited to non-collision risks like fire, theft, and natural disasters.
- Medical Payments: Since even a minor bike accident can result in significant injuries, we urge all bikers to consider MedPay, even with a health insurance plan. MedPay pays for medical costs and even covers partial loss of wages and final expenses for the policyholders.
- Uninsured motorist coverage: If an uninsured motorist hits you, you could be left with significant uncovered expenses. While you can go the legal way to get compensation, this route is long and frustrating. You can invest in uninsured motorist coverage to cover you in hit-and-run scenarios or when an uninsured motorist is at fault.
Want to have peace of mind when riding your bike in Evergreen, CO? Please consider motorcycle insurance from Davidson Insurance Agency. Get in touch today for an affordable quote.
