From sportsters and cruisers to trikes and mopeds, there is nothing like getting your hands on a sweet new ride. Though the motorcycle season may be short here in Wisconsin, that doesn’t mean you can’t make the most of it. Of course, there are rules to the road. First, always wear your helmet. Second, make sure you’ve protected yourself and your bike against the risks you face while riding. At Burstad Insurance, we offer the coverage you need and the savings you want – all with the help and support of a local, Central and Western Wisconsin independent agent.
We offer insurance for many types of motorcycles and Sport-powered vehicles. Contact one of our agents to discuss coverage options for your:
- Touring Bike
- Sport Bike
- Custom Chopper
- Other two or three-wheeled vehicle
Motorcycle Insurance Requirements, Risks, and Options
Motorcycle insurance is required in most states, including the state of Wisconsin. Also, many lenders require motorcycle owners to purchase insurance until a bike loan has been paid in full. However, these coverage requirements are generally designed to protect lienholders and third-party drivers and pedestrians – not the rider. At Burstad Insurance, we can help you meet legal and lender coverage obligations, as well as explore additional coverage options that better protect you against risk.
We consider many variables when assessing your risk profile. These include:
- How long you have been riding
- Where you ride
- How often you ride
- The type, age, and condition of your bike
- Your bike’s horsepower capabilities
- The assets at stake in a lawsuit
- And more
Based on these elements, we can recommend a policy that has been custom-tailored to fit your needs and preferences. Your motorcycle insurance may include coverage for:
Property Damage and Bodily Injury Liability
At-fault riders are responsible for property damages, as well as any third-party injuries that result from an accident. Whether you are a new rider or have decades of experience under your belt, you need liability insurance not just because it is the law, but also to protect yourself against the high cost of litigation. From legal fees and medical bills to property damage repairs and court judgments, your liability insurance can protect you up to the limits of your policy.
Note that you are responsible for any damages that remain after you exhaust the limits of your coverage. At Burstad Insurance, we typically recommend high liability limits to minimize the risk of out-of-pocket expenses after an accident that might otherwise put a drain your savings and future income.
How much would it cost to replace your motorcycle if it were stolen or destroyed? Physical damages coverage helps protect your investment in your bike with coverage for a wide range of loss events. Claims are subject to your deductible, which is the amount you pay out of pocket for a loss. However, this coverage could spare you thousands of dollars in repair and replacement costs if you need to file a claim.
There are two primary types of physical damages coverage: collision and comprehensive. Collision coverage pays for damages caused by an accident with another vehicle or a single-vehicle accident while you are riding. Comprehensive insurance covers damages from other types of loss, such as fire, theft, and hail.
Few road warriors can avoid the lure of customizing their bikes with special equipment and after-market enhancements. Be sure to protect these upgrades with additional coverage available through the team here at Burstad Insurance.
If you want your damaged bike repaired to ‘like-new’ condition after a covered event, you may need to purchase an OEM parts endorsement for your policy. This assures that all replacement parts used to repair your motorcycle will be original equipment from the manufacturer whenever available – not after-market, generic parts.
Uninsured/Underinsured Motorist (UM/UIM)
Medical bills can add up quickly after a motorcycle accident. If you are injured by an uninsured motorist or a hit-and-run driver, UM protection can help cover your injury-related expenses when there is no insurance policy to collect against. UIM offers similar protection, covering compensation gaps when an at-fault driver has too little insurance coverage to cover the extent of your losses.
Medical Payments (Med-Pay)
If you or your passenger is injured in a motorcycle accident, med-pay can help pay for necessary medical care regardless of whether you or another driver is at fault. This coverage pays benefits up to the pre-determined limits of your policy, which is usually only a few thousand dollars. This may be enough to help pay for a health insurance deductible or an emergency room bill. Note that medical payments coverage is not a substitution for liability, and you can still pursue an at-fault driver for compensation of damages after an accident if necessary.
Roadside Assistance and Towing
Motorcyclists are not immune to the risks of the road. If you hit a nail and get a flat or run out of gas on a remote highway, you may be able to rely on your 24/7 roadside assistance and towing coverage to get rolling again.
Rental Car Reimbursement
If you need alternative transportation after an accident while your bike is being repaired, you may have to trade up to four wheels instead of two. The rental car reimbursement feature on a motorcycle insurance policy can cover the cost of temporary transportation – usually with a daily limit on coverage.
Wisconsin Motorcycle Insurance Quotes
Wisconsin motorcycle insurance does not have to be expensive when you work with an independent agent to select your coverage. We can shop and compare policies and rates from multiple insurers until we find an insurance solution that fits your needs. Plus, with flexible deductibles and the potential for rider discounts, you may be able to further reduce your costs without jeopardizing the quality of your coverage.
Whether you ride recreationally or need to insure multiple bikes on your policy, we here at Burstad Insurance can help you find the protection you need. For more information about motorcycle insurance in Central and Western Wisconsin, contact our office to request your free quotes today.