If you have a motorcycle, it is important that you protect it through an adequate insurance policy. The agents at Wilcoxon Insurance Inc. in Sioux Falls, SD wants you to know and understand the options you have available to you when it comes to motorcycle insurance.
Motorcycle Insurance Requirements in South Dakota
The state of South Dakota requires that all motorists, including motorcyclists, have at least a liability insurance policy in place that will assist in paying the medical bills and property damage sustained by others in an accident that you have caused.
Underinsured or Uninsured Coverage
If you become involved in a crash with a motorist who does not have any insurance coverage or not an adequate amount to cover damages to your bike or injuries to yourself or your passenger, this type of policy will help with those costs.
Comprehensive Motorcycle Insurance
If you borrowed the money to purchase your bike, your lender may require you to have comprehensive coverage in place to protect the investment the lender made in your motorcycle. Even if you do not owe money for your motorcycle, this is a great policy to have since it will help cover damages to your bike if it is damaged or destroyed by a fire, an act of vandalism, theft, or a natural disaster.
Collision Motorcycle Insurance
Collision motorcycle insurance coverage will help you pay for any damages that occur to your motorcycle if you collide with another vehicle or with a stationary object. For example, if you hit a garage door while driving your bike, this part of your policy will pay for damages to your motorcycle as well as the garage door.
Get the Proper Motorcycle Insurance Coverage
To create a motorcycle insurance policy that is right for you and your situation, contact that experienced and trusted agents at Wilcoxon Insurance Inc. in Sioux Falls, SD today!