Whether you are exploring the lush scenic landscape or cruising the coastline of Rhode Island, you want to be sure you have appropriate coverage for your motorcycle. If you are looking to get an insurance quote for your motorcycle, reach out to our office today. We are a local insurance agency with a team based out of East Providence. We work with over 100 insurance carriers, which means we can find options for your motorcycle. You can request a quote from us today by filling out our form here, or giving us a call.
Generally, most motorcycle insurance policies will include liability coverage (which provides compensation to others if your negligence causes them to suffer an injury or property damage) and collision coverage (which provides compensation to you if your bike is damaged in an accident). Comprehensive coverage, which provides compensation to you if your bike is damaged from a covered event other than a collision (such as theft, vandalism, hail, accidents with animals, etc.) and uninsured/underinsured motorist coverage (discussed below) are also usually available additions. You can also choose to customize your coverage and include things like accessories coverage for custom work on your bike, GPS accessories, your saddlebags, and more.
At this time, motorcycle insurance is required in Rhode Island. You must show proof of insurance prior to registering your motorcycle.
What you will pay to insure your motorcycle in Rhode Island will depend on a few different factors, including, but not limited to:
Contrary to popular myths, the color of your bike will not affect the cost to insure it. Motorcycle models with larger engines will generally cost more to insure. If you have received a speeding ticket in the past couple of years, that can cause your insurance costs to increase.
To get a quote for what it will cost you to insure your motorcycle, you can request a quote from our agency.
One way you could save on your motorcycle insurance is by bundling it with your home, auto, or another policy. Older drivers often qualify for discounts. Those over 55 years of age may get a discount if they complete an accident prevention course. If you’re driving less during retirement, you could also pay less. Reach out to your local insurance agent to see what discounts you may qualify for.
If your bike is stolen, typically you would not receive compensation unless you have comprehensive coverage. Typically, comprehensive coverage can help pay to replace your bike if it is stolen. Comprehensive coverage is often required if you have a loan. You should review your policy carefully with your insurance agent to see what is and is not covered.
The Insurance Information Institute states that 17% of all drivers in Rhode Island are uninsured. As the name suggests, uninsured motorist coverage kicks in when a person who is legally liable for an accident doesn’t have auto liability insurance. It can pay for damages to your vehicle and medical expenses that would normally be covered under the other driver’s insurance policy. It can also protect you in a hit and run. Similarly, underinsured motorist coverage applies when the at-fault person has insurance coverage, but the damage they have caused exceeds their policy limits.
Clearly, without this coverage you could end up paying a huge amount to repair your car and recover if you are injured in the accident. Not only would that add insult to injury, it could cause you financial ruin.
Whether you are looking for a new policy for your motorcycle, or your policy is up for renewal, give us a call or fill out our form here. From there, a local insurance professional will connect with you to gather more details on the types of policies you are looking for and the type of motorcycle you have.
Our local Insurance Agency in East Providence insures more than just bikes. Reach out today for quotes for auto, home, RV, or your boat. Looking for insurance coverages for your business? We offer commercial auto, general liability, workers’ compensation, and more.
This article is for general informational purposes only and is not to be relied upon or used for any particular purpose. Cross Insurance shall not be held responsible in any way for, and specifically disclaims any liability arising out of or in any way connected to, reliance on or use of any of the information contained in this article. The information contained or referenced in this article is not intended to constitute and should not be considered legal, insurance, accounting or other professional advice, nor shall it serve as a substitute for the recipient obtaining such advice. The views expressed in this article are that of its author and do not necessarily represent the views of Cross Financial Corp. and its subsidiaries and affiliates (“Cross Insurance”) or Cross Insurance’s management or shareholders.