5 Factors to Consider When Shopping for Motorcycle Insurance - Temecula Insurance Agency - Carver for Auto, Home, Life & Health

5 Factors to Consider When Shopping for Motorcycle Insurance

5 Factors to Consider When Shopping for Motorcycle Insurance

5 Factors to Consider When Shopping for Motorcycle InsuranceHaving a minimum amount of motorcycle insurance to financially protect you in case of an accident is required by state laws. This means you must buy proper coverage before you are legally able to ride your bike. The problem is, motorcycle insurance is a pretty niche market and not a lot of insurers offer it. This makes it somewhat tricky to know what to consider in a policy. This article will help you in this regard.

Following are 5 factors to consider when shopping for motorcycle insurance:

1. Claim Settlement Ratio
Choosing an insurer with a high claim settlement ratio is very important as it increases the likelihood that the company will settle your claims in case of any damage or loss. In short, the higher the claim settlement ratio, more reliable the insurer is.

2. Customer Service and Support
Another important criterion to consider when shopping for motorcycle insurance is the customer service and support offered by the insurance company. Before you buy the coverage, make sure that there is 24/7 customer support so that you can acquire the help of the insurer whenever you need it.

3. Coverage
Choose the right coverage that suits all your needs. A full coverage motorcycle insurance policy includes coverage for your own damage as well as liability coverage. Having liability coverage is mandatory in most states. However, you should consider getting both types of coverage so that you have comprehensive coverage for your investment.

4. Price
While you should not solely buy an insurance policy based on its price, it is an important factor to consider. There are several factors that affect the premium of a policy e.g. driving skills, geographic location, age of the motorcycle, etc. So, it is recommended that you choose a motorcycle insurance policy that suits your budget.

5. Exclusions
While you should keep an eye on what’s included in your motorcycle policy, it is equally important to know what’s excluded. You don’t want your claim to get rejected because it is excluded from the coverage list.

There’s a lot to consider when it comes to choosing a motorcycle insurance policy. Considering the above-listed factors will help you make an informed decision and choose the coverage that best suits your needs.

temecula motorcycle insuranceCarver Insurance Services, Inc. is a local insurance agency that has been serving residents and small businesses in Murrieta, Temecula, and surrounding areas since 2004. Started by Diana Carver; a second generation insurance broker with over 25 years experience, when after working for several insurance brokerages, Diana felt the need for a brokerage that was efficient and progressive, while still keeping that “hometown” feeling.

Carver Insurance Services, Inc.’s goal is to help you determine what insurance needs you have, meet those needs, and then help you prepare to meet future goals. The Carver Insurance Services, Inc. Family and its agents would love for you to stop by one of their two convenient locations for a free insurance quote or just to say, “Hello!”

For more information, give Carver Insurance Services, Inc. a call today to talk to a friendly, helpful agent.


Carver Insurance Services, Inc.-Temecula

33321 Temecula Parkway suite #102, Temecula, 92592


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