What type of motorcycle insurance should I get?

Riding a motorcycle can be a very fun and exciting experience and mode of transportation.  When you are looking to ride a motorcycle, you also need to make sure it is properly protected by insurance.  There are several factors that need to be considered when you are determining what type of motorcycle insurance you should get.

Legal Requirements

People that are in the Austin, TX area will need to comply with state laws when it comes to getting insurance on their motorcycle.  In the state of Texas, all people that ride a motorcycle will need to have minimum amounts of liability coverage in place to be in compliance with the law.  In Texas, this includes having $25,000 of property damage liability coverage and $30,000 of bodily injury coverage for each injured person with a $60,000 cap in bodily injury coverage per incident. 

Additional Coverage

While you are only required by law to have the liability coverage in place on your motorcycle insurance policy, most people would benefit from additional types of coverage as well.  The base liability coverage will not provide you with any coverage in the event your motorcycle is damaged in an accident or if it is stolen or vandalized.  To ensure you have coverage for these situations, you will also need to get collision and comprehensive coverage on your motorcycle insurance policy.  These types of coverage will also be required if you take out a loan to buy your motorcycle.

For those that are in the Austin, TX area and would like to ride a motorcycle, speaking with the Southwest Insurance Center first could be a great option.  This company will help you better understand the motorcycle insurance requirements and help you get into a policy that provides you with the right amount of protection and coverage. 

Does Size and Material of the Boat Affect Your Insurance?

Regardless of the type of boat that you own, you need to protect it from any unseen circumstances or incidences that may happen while in water. Boats are assets considered as investments, and the best way to keep them safe is by purchasing a boat insurance coverage. Although standard home insurance provides a little amount of protection, it does not give you adequate protection on some factors such as liability claims. To acquire adequate protection for your watercraft in Austin, TX, Southwest Insurance Center is the place to be. We will also educate on the factors that affect your policy.

Does size and material of the boat affect your boat insurance coverage?

This is one area that tends to confuse individuals especially those that are not aware of the factors that affect premiums of the boat insurance. Boats come in different sizes.

Size – Boats are considered to be 26 inches and below. Anything bigger than that is regarded as a yacht. Yachts have broader insurance coverage than a boat. This is because they cover a longer distance and have unique exposures. From that point of view, the size of the aircraft has impacts on insurance coverage.

Material – Boats are made of different material qualities too.  The construction material and the style used to design the vessel are determinants of the premiums paid. For example, you need to determine if the vessel is a fishing boat, sailing yachts, V-hull or catamaran before purchasing your policy. These types of watercraft come in different sizes, material, and design.

What is included in boat insurance?

Your boat insurance provides you with various protections which include liability, fuel spills, medical coverage, mold, rusts and collision among others.

To understand more about factors that affect your boat insurance coverage in Austin, TX, contact Southwest Insurance Center and let our experts educate you more on the same. We can also help you decide the best coverage for you.