Types of Scooter Insurance Coverage
Liability coverage
Scooter insurance liability coverage covers bodily injury to other people, as well as property damage to others in the case that you are at fault in an accident. Bodily injury pays medical costs for others. Depending on the scooter insurance policy, it can also pay your legal expenses, and lost wages for the injured parties. Property damage coverage can also pay for your legal expenses if a lawsuit is brought against you due to an accident.
Many, if not most state laws require liability coverage. Each state has its own minimum requirements as to the amount of coverage needed.
Comprehensive coverage
This type of less cheap scooter insurance coverage is intended to help pay for damage to your scooter that is not caused by a collision. Examples might include damage or loss due to theft, falling objects, vandalism, fire, storms, flood and some other natural disasters. The specific terms vary with the policy. Comprehensive coverage can also covers custom parts and equipment, especially important if you have an customizations to your bike.
Collision coverage
This helps to pay for damage to your scooter if another vehicle hits you, if you hit another vehicle, or if your scooter rolls over. Collision can include coverage for safety apparel up to a pre-set dollar limit as well. In some cases, collision coverage may be required if your scooter is financed or leased. Generally speaking, collision coverage is a very good idea for anyone on two wheels.
Uninsured or underinsured motorist coverage
This type of less cheap scooter insurance helps you to pay for repairs to your scooter if it is damaged in an accident, and the other driver is underinsured, uninsured or unidentified. Uninsured or Underinsured Motorist Coverage can also help pay your (and your passengers’) medical costs if there is any injury in an accident caused by an uninsured or underinsured driver. This coverage may also pay for lost wages and some other damages, depending on the policy. Coverage varies from state to state and can be required in some states.
Medical payments
This can pay medical costs for you and/or your passengers in the event of an accident, regardless of who is at fault – you or another driver.
Towing and labor
This coverage reimburses you for towing and roadside assistance charges if the insured scooter becomes disabled. Some typical services can include battery jump-starting, tire changes, and locksmith services.
OEM endorsement
Can provide original equipment manufacturer replacement coverage in the event of a comprehensive or collision loss.
Be sure to check with your Insurance agency to see which of these types of coverage are included in your quote.
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