No matter how carefully you drive, accidents can happen to anyone. What if you are hurt in an accident or sustain damage to your motorcycle, but the other driver who caused the accident does not have insurance to pay your claim? This is where underinsured and uninsured motorist coverage comes in.
In situations like this, you want to know that you will be covered for damages to you as well as your property caused by someone who does not have insurance or lacks sufficient insurance to cover your damages. KADAIR Insurance knows the importance of uninsured motorcycle coverage, and we want to help you get a comprehensive policy to protect you without hurting your wallet.
As you choose the type of coverage you will need for your bike, it is important to consider the situations that involve a car versus those that usually involve a motorcycle, as well as the outcomes of these situations. You will be more exposed on a bike, and injuries can be more severe than injuries sustained while driving a car.
Motorcycle Uninsured/Underinsured Motorist (UM/UIM) coverage protects you when an at-fault driver without insurance or without adequate insurance causes you injury in an accident.
Because injuries sustained in a motorcycle accident are often more than thousands of dollars, it is important to consider your medical coverage. Some health insurance companies will not pay for your medical bills if the result from a motorcycle accident, for example. Without this coverage, you could be responsible for thousands of dollars in medical bills as you recover from your injuries.
If you have underinsured motorist coverage, it eliminates the gap between what the at-fault driver could pay and the amount you owe, by paying the difference between the underinsured driver's liability limit and your costs from the accident. Without this coverage, you will be responsible for the additional expenses. While you have the option of suing the other driver, this is no guarantee of recovering what you have spent.
Underinsured motorcycle insurance falls into two categories:
If the at-fault driver has no insurance at all, you are still covered. As with underinsured motorist coverage, your insurance policy will cover you for bodily injury as well as property damage.