Just like auto insurance, motorcycle insurance is mandatory in Oregon. But even with the legalities aside, show your motorcycle some love by taking up a quality coverage from Molina Insurance Group Inc. A knowledgeable agent is always on standby to help you understand the various coverage options for motorcycle and which option suits you most.
Motorcycle coverage options may include:
Liability coverage can either be property damage liability or bodily injury liability policy. Bodily injury caters to medical expenses or lost wages resulting from an injury or death of a person if you were at fault in an accident. Property damage, on the other hand, caters for damages caused to another person’s property due to an accident that you are at fault for.
This coverage covers damages caused to your motorcycle when it collides with another object, which could be another motorcycle, vehicle, building, or tree.
A comprehensive coverage protects your motorcycle from damages that are not caused by accidents or crashes with other vehicles or motorcycles. Such causes may include vandalism, flooding, theft, or wind damage. You get to choose a deductible and the coverage often covers the actual cash value of the bike.
Uninsured/Underinsured Motorist Coverage
A good number of motorist often drive without insurance. If you get into an accident involving an uninsured driver or a driver with inadequate coverage, this policy will kick in to pay for your damages.
Other than these obvious coverage options, you can also opt for additional optional coverage like towing and labor coverage, rental reimbursement policy, off-road vehicle transport trailer damage policy, lease/loan gap, added equipment, etc.
Now, if you’re riding or you plan to ride on Oregon roads, walk into any Molina Insurance Group Inc branches and get a reliable motorcycle insurance that suits your needs as well as budget. Visit our website and explore various coverage options or for a quote.