Category: Motorcycle Insurance

Distinguishing Car Insurance and Motorcycle Insurance

As a new motorcycle owner in Albany, OR, you might believe your auto insurance coverage extends to your motorcycle. However, a motorcycle requires a separate insurance policy, even though there are numerous similarities between the two policies. The Allen & Associates Insurance Inc. team can help clarify these differences and assist you in finding the coverage that suits your needs.

Understanding Motorcycle Insurance Costs

Although there may be fewer companies offering motorcycle insurance, the policies you find are typically less expensive than auto insurance. As motorcyclists cannot ride in adverse weather conditions such as heavy rain or icy conditions, the probability of damage is considerably lower. Motorcycles are also less likely to cause significant damage to property and other vehicles in accidents. Therefore, the costs associated with comprehensive and collision coverage are usually lower. However, owners of high-end motorcycles may end up paying higher premiums due to the cost of their bikes.

Additional Coverage Considerations

Considering that motorcycles are unique vehicles, they are accompanied by special considerations that may not apply to cars. For instance, motorcycle riders and their passengers are more susceptible to severe injuries due to the lack of a protective shell found in vehicles. Therefore, having sufficient medical coverage for such potential injuries becomes vital. You should consider getting guest passenger liability coverage if you frequently have passengers. Additionally, if your bike is laden with expensive accessories, it is advisable to have provisions to cover those.

Get Tailored Motorcycle Insurance

To get motorcycle insurance that meets your exact needs, contact the professionals at Allen & Associates Insurance Inc., located in Albany, OR. Contact us today to schedule a consultation.

What role does liability play when it comes to motorcycle insurance? When you are talking about liability, you have to consider how at fault an individual is in the event there is an accident of some kind. Liability plays a major role in motorcycle insurance because it will impact which insurance company is responsible, and the liability limits will drive the payment. We at Allen & Associates Insurance Inc. can help you understand all this and more in the Albany, OR area and abroad.

Know Your Liability Limits

You may not do it on purpose, but it is highly possible that you end up being at fault for a motorcycle accident that causes an injury to the other party. How liable you are for those damages is critical, and the limits of your policy determine how much your insurance will cover. Liability goes beyond medical damages as well, and you could also be liable for damage to property.  

Re-checking Coverage Annually

Your insurance policy is going to come up for renewal on an annual basis. When it does, you want to be sure that the limits continue to be proper. When your motorcycle insurance policy is up for renewal, give it an in-depth review. If you are not comfortable with your liability limits, increase them!

Schedule A Consultation Today

When your limits are exceeded, you are in a position where you will be covering the remainder of the costs. Knowledge of those limits is critical so you know where things stand and know if you need to increase the limits to get additional protection. Serving the Albany, OR area, at Allen & Associates Insurance Inc. we can help you with understanding what your needs are from a liability perspective and how you should approach it.

If you live in Oregon or have recently visited the area, you already know that Oregon has some of the most picturesque scenery, beautiful coastlines, and winding roads. These outdoor nature scapes attract hundreds of thousands of registered motorcycle riders annually.  The Oregon Department of Transportation reports thousands of registered bikers residing in Oregon and over one-million people ride motorcycles in Oregon annually.

Motorcycles offer freedom, excitement, and an affordable way to travel, so it is crucial to ensure you have the best motorcycle insurance coverage for your bike when the unexpected happens. 

There are three basic types of motorcycle insurance for bikers in Oregon:

Below is a brief description of options from Allen & Associates Insurance Inc., serving the greater Albany, OR community. 

Liability Insurance Coverage

Oregon requires bikers to carry liability insurance for bodily injury per person, bodily injury per incident, and property damage per motorcycle incident. 

Comprehensive and Collision Coverage for Bikers 

Extend your liability coverage limits by choosing an insurance policy that covers your bike for comprehensive and collision insurance. Comprehensive and collision aren’t required by law, but cyclists with this coverage have their bikes financially protected from theft, vandalism, and motorcycle accidents. 

Uninsured/Underinsured Motorist Coverage 

If you’re looking for insurance that covers you in a motorcycle accident when the other driver is not insured or doesn’t have adequate insurance to cover the costs associated with the accident, talk to an insurance agent at Allen & Associates Insurance Inc. in Albany OR. 

Get Motorcycle Insurance Today

When you’re ready to insure your bike, don’t hesitate to contact Allen & Associates for your free motorcycle insurance quote in Oregon. Our knowledgeable insurance agents are happy to answer any questions about buying motorcycle insurance.

Your motorcycle insurance can save the day when you least expect it. Bike insurance cushions you financially when accidents happen, lessening your financial burden. However, like most things in life, your two-wheeler insurance isn’t perfect. Motorcycle insurance has exclusions, but Allen & Associates Insurance Inc. in Albany, OR is here to highlight them so you can buy appropriate “add-ons” to boost your coverage.

Common Motorcycle Insurance Exclusions

Custom equipment

If you have fitted your bike with customized exhaust and wheels, standard motorcycle insurance won’t cover the resulting damage. Your typical motorcycle insurance covers standard equipment, and therefore, you need to purchase special coverage for modifications.

Mechanical or equipment breakdown

Like auto insurance, your motorcycle insurance won’t cover the expenses when your motorcycle breaks down. For instance, if the engine knocks, your insurer won’t compensate you for the damage. For such costs, you will have to cover them from your pocket.

Special events

Going to use your bike to race or perform stunts? Your standard motorcycle insurance usually doesn’t cover damage or liability losses arising from such events. However, you can buy special coverage if you want to participate in such events.

Unauthorized riders

When purchasing your motorcycle insurance, you will state the possible riders that could use your bike. When unauthorized riders get into an accident using your bike, your insurance is likely to void your claim.

Criminal acts

Needless to say, your insurer won’t cover damage or losses that occur if you use your bike to commit crimes. Similarly, your insurer will annul your claim if it’s established you caused an accident while riding under the influence of alcohol or drugs.

Protect your two-wheeler with motorcycle insurance

Want to learn more about motorcycle insurance in Albany, OR? Please get in touch with Allen & Associates Insurance Inc. Our sales team will answer all your questions regarding motorcycle insurance and even help you choose the coverage that best suits your current needs.

There really isn’t a more beautiful state than Oregon and what better way to experience this lush, natural state than by motorcycle? Driving up the coast with the wind in your hair, sun on your face… Life is good! 

Motorcycle owners in the Albany, OR area should be proactive in selecting a motorcycle insurance plan that provides them with the appropriate coverage. The team at Allen & Associates Insurance Inc. highly recommend pursuing a policy that gives you peace of mind while on your bike, traveling, and enjoying all the sights that Oregon has to offer. 

Motorcycle Insurance Requirements in Oregon

Oregon does have a few state-mandated requirements for motorcyclists, including property damage, bodily injury liability, and uninsured motorist coverage. While these are the minimum, they won’t necessarily protect you financially if you are at fault in an accident and become injured, or another driver becomes injured and needs medical attention. 

With insurance in any scenario, it’s always better to be safe than sorry. 

You certainly can’t prevent an accident from happening (whether you’re at fault or not), but you can be proactive about potential situations and how they could affect you financially. A quality insurance plan with full coverage could be the difference between an injury and total financial hardship. 

Motorcycle owners in the Albany, OR area looking to invest in a quality insurance policy should contact the team at Allen & Associates Insurance Inc. Our agents have years of knowledge and experience and are committed to finding the right policy for you. We know it can be overwhelming to select a plan, especially if you are a new motorcycle owner, and we want to help you feel safe and protected on the road. 

Owning a motorcycle can bring a lot of fun and excitement to your life! Protecting oneself and passengers is also a part of motorcycle ownership. Allen & Associates Insurance Inc. is here to provide the facts and necessary information to Albany, OR area residents who are considering their motorcycle insurance policy options. There is a range of policy options available, and it makes good sense to consider all options when selecting a policy.

Basic Policies vs. Comprehensive Coverage

Oregon requires motorcycle owners to carry basic coverage for their motorcycles. However, many owners opt for the additional protection that a comprehensive policy can provide. In Oregon, riders are required to carry the following levels of protection:

• $50,000/crash — 3rd Party Bodily Injury
• $15,000 — Personal Injury Protection (PIP)
• $25,000/person — Property/Bodily Injury
• $25,000/person plus $50,000/incident — Uninsured Motorist Coverage
• $10,000/crash — Property Damage

It is important to note that these are the minimum coverage levels. Many motorcyclists opt for a more comprehensive policy that provides a higher level of protection. Remember that any damage to property or to a person that exhausts the basic policy levels becomes the owner’s responsibility. Personal assets can come into play if and when an insurance policy is maxed out. In simple terms, this means that once the policy pays out the policy coverage amount, the owner can be on the hook for any additional liability. 

Don’t miss out when it comes to comprehensive coverage

The agents at Allen & Associates Insurance Inc. are here to answer your questions regarding policy options in the greater Albany, OR area. We want the motorcycle owners in our community to have the protection they need. Call or stop by today and find out more!

In the Albany, OR area, there are a lot of great transportation options to consider. One option to consider would be to purchase a motorcycle as it can be fun to drive during much of the year while also providing you with a convenient and efficient transportation mode. If you are going to purchase a motorcycle here, it is important to get the proper insurance. There are several reasons why having insurance coverage for it here will be necessary. 

Required if Taking Out a Loan

Having a full motorcycle insurance policy with collision and comprehensive coverage is a great option if you want to protect your motorcycle fully. However, if you have taken out a motorcycle loan to purchase the asset, you will need to keep this coverage as long as the loan is outstanding. Lenders want you to have full motorcycle insurance as it will protect their collateral.

State Driving Requirement

You also will need to get a motorcycle insurance policy because it can be a state driving requirement. Anyone that uses a motorcycle on a public road will need to comply with the state’s driving and insurance requirements. This law will require you to carry a liability insurance policy at all times. 

If you are looking for motorcycle insurance in the Albany, OR area, you should speak with someone that can answer all of your questions and provide proper guidance. The team at Allen & Associates Insurance Inc. can give you the support that you need to choose a new policy. When you call Allen & Associates Insurance Inc., you are going to learn a lot more about how this insurance can protect you and your motorcycle. We will help you find a quality motorcycle insurance policy.