You own several vehicles in Pomona, CA, yet you must buy different insurance policies for your motorcycle and autos. Although the premises of protection are the same, you’ll find differences between these two policy types. THINK Insurance & Financial Services can help you understand why you must maintain a separate policy for your two-wheel vehicle.
Different Liability Risks
Although the basic principle is the same, autos and motorcycles have different liability risks. Riding a bike has inherent risks that driving or riding in a car does not. Cyclists have a greater chance of injury than drivers in cars do. That’s because they don’t have the physical protection that autos offer when an accident occurs. Car occupants suffer less severe injuries when crashes occur. When a motorcyclist sustains injuries in a high-speed crash, the likelihood that the injuries will be life-threatening or debilitating will be much greater. Regular personal injury protection (PIP) auto insurance provides isn’t usually feasible. Motorcycle insurance addresses this coverage gap.
Less Physical Liability
At the same time, motorcycles are smaller and usually have less expensive repair costs than most cars. Therefore, repair costs are less. This fact usually makes motorcycle insurance cheaper than a traditional car insurance policy. Another difference in this area is that motorcycles are generally used less during winter and inclement weather than autos. Comprehensive and collision premiums are less under motorcycle policies because these vehicles usually have lower replacement costs and the limited time that they may be used when the weather is inclement.
Understanding the difference between motorcycle and auto insurance can be difficult. Bridge the gap by speaking with the agents at THINK Insurance & Financial Services, serving Pomona, CA. Contact our office today for an appointment.
Recent Comments