Motorcycle insurance is required in Altamonte Springs, FL, but there are a few misconceptions about this type of insurance.
Myth 1: You can cancel motorcycle insurance in the winter to save money.
If you cancel your motorcycle insurance then it’s possible that your registration can be suspended. It can also cost more to get a new policy when you want to ride again because of the lapse in coverage. Homeowners insurance will not cover damage to motorcycles, so if your bike gets damaged while in storage, you also won’t have any protection.
Myth 2: You just needed the minimum required insurance.
Motorcycles can cause a lot of damage. If an accident was your fault, you will be responsible for the cost of the damage so it’s best to have as much insurance as you can afford in order to stay protected. Speak with an agent at Blanchard Insurance to make sure you have the right coverage for your needs.
Myth 3: If you don’t make a claim after an accident, premiums won’t increase.
If your insurance company discovers you were in an accident, it can raise rates. Remember, the other person in an accident may make a claim to your insurance company.
Myth 4: Auto insurance will cover motorcycles.
Motorcycles will be excluded from most policies in Altamonte Springs, FL. While the liability requirements for motorcycles and autos can be the same, you are required to have a separate policy.
Myth 5: Driving record has nothing to do with motorcycle insurance.
When you are shopping for insurance for your bike, you will have to disclose any violations or accidents you have had in past years. A person’s driving behavior is usually consistent, whether it’s on a motorcycle or in a car.
Contact an agent Blanchard Insurance to get a free quote on motorcycle insurance.