Whether you’re a weekend road warrior or use your motorcycle to save money on your daily spring and summer commute, you need insurance that gives you peace of mind that you and your bike are protected both on and off the road. We offer coverage for:
- Sport bikes
- And more
Choosing Your Motorcycle Insurance Coverage
You’ll find vast motorcycle insurance options, as well as a wide range of limits to choose from. Everyone has different coverage needs, and yours are as unique as your bike is. With so many variables that can influence your coverage, it helps to work directly with your independent agent to assess your personal risk vulnerabilities. You may need more or less coverage depending on the type of bike you have, its age, where you ride, and how many miles you ride. Other factors at play include the minimum coverage requirements imposed by the state and your lender.
Ultimately, we advocate for purchasing enough coverage to protect you, your bike, your income, and your assets in the event of a collision. This is typically much more than what may be required of you, but it could save you tens or even hundreds of thousands of dollars after a loss. We can help build a policy with comprehensive protection against several different risks and hazards. Your coverage may include protection for:
Property Damage and Bodily Injury Liability
When you cause an accident, any damages or injuries become your legal and financial responsibility. If you skip the curb run into someone’s garage, you could be sued for damages to the home and landscaping. If you cause an accident that injures another driver and her passengers, you could be sued for medical bills, recovery costs, lost wages, and more.
With enough property damage and bodily injury liability coverage, your motorcycle insurance can take care of the damages, including your court costs and legal defense fees. Just be sure to choose high limits for your policy. If you have too little insurance to cover the bill, you’ll still be personally responsible for any unpaid damages.
You do your best to take care of your bike and keep it in pristine condition, but sometimes physical damages are outside your control. A tree could fall on your motorcycle, or you could lose control of your bike and hit a tree. Either way, your insurance can reimburse you for the damages so long as you have collision and comprehensive coverage on your policy. Claims for physical damages are usually subject to a deductible, which you can choose at the time you purchase your policy.
Collision coverage is the section of your policy that pays for damages to your motorcycle if it is damaged or destroyed in a collision or rollover. It can pay for your repair costs, or it can provide you a settlement for the value of your bike if the estimated cost to repair it exceeds its value.
Your bike can be damaged anywhere – even parked in your garage. Comprehensive coverage pays for damages and loss caused by other events besides collision, such as fires, fallen objects, theft, and vandalism.
If you’ve spent money upgrading your bike with special equipment or a custom paint job, you probably expect it to be restored to that condition if something happens to it. Talk to your agent about adding additional coverage to your policy for your after-market parts and upgrades.
Uninsured/Underinsured Motorist (UM/UIM)
Motorcycles are more difficult to see on the roads, which makes them more vulnerable to a crash. If you are injured by an uninsured motorist, your uninsured motorist protection can help pay for your medical bills and other injury-related expenses. You can also purchase underinsured motorist coverage, which continues paying for damages when an at-fault driver has too little coverage to meet your needs.
Medical payments coverage is no-fault protection for you and your passenger. If you are injured in a motorcycle accident, medical payment provides limited coverage for necessary medical expenses regardless of who was at-fault for the collision. Note that making a claim against your medical payments coverage does not affect your ability to pursue an at-fault driver for damages.
Towing and Assistance
Sometimes road trips don’t go as planned. If you run out of fuel, need a jump, or even need a tow, roadside assistance, and towing coverage can help pay for labor and towing expenses 24 hours a day.
Rental Car Reimbursement
Even if you prefer life on two wheels, it helps to know you have the funds to rent a car with four wheels while your bike is damaged in an accident. Rental car reimbursement compensates you for the cost of renting a vehicle until your bike is repaired.
Motorcycle Insurance Discounts
Insurance companies like to reward drivers for good habits and preventative measures that reduce the risk of an accident. Why should you pay more for insurance if you present a lower risk to the insurer? For example, many riders here in Wisconsin store their bikes during the frigid winter months. When you put your motorcycle away for the season, talk to your insurer about a layup discount on your policy. That way you’ll still have the coverage you need to protect your bike against theft and non-collision damages, but you’ll pay less overall.
Although discounts vary from insurer to insurer, other common discounts include:
- Low mileage discounts
- Mature rider discounts
- Rider’s association discounts
- Motorcycle and home bundling discounts
- Multiple vehicle discounts
- Claims-free discounts
- Motorcycle safety course discounts
- And more
Request Your Wisconsin Motorcycle Insurance Quotes
If you own a motorcycle or are in the market for one now, let Mark Leonard Insurance help you find quality coverage at an affordable price. We’ll shop and compare rates from multiple Wisconsin insurers and provide the guidance and support you expect from an experienced local agent.