Texas is a great place to ride a motorcycle. There are few places in the United States with more open road and grand vistas to enjoy than the Lone Star State. In order to get the full enjoyment out of your motorcycle, it’s best to first make sure that you’ve got the proper Texas motorcycle insurance so you can simply relax and enjoy the ride instead of worrying what will happen to you or your motorcycle in the event of an accident.
Know The Three Types Of Texas Motorcycle Insurance
Texas motorcycle insurance is offered in three different and important types:
- Collision Insurance
- Comprehensive Insurance
- Liability Insurance
Texas motorcycle insurance for collision covers damage to your when you’re involved in an accident. The value of your motorcycle is determined by the book value and any damage up to a total loss is based on that.
Comprehensive Texas motorcycle insurance pays for damage to your motorcycle that’s not caused by a collision. If your motorcycle is vandalized, is destroyed in a fire, is stolen, or other similar situation, you can be reimbursed up to the total cash value of the bike, less your deductible. Like collision coverage, comprehensive insurance is based on the book value of your motorcycle. Since many motorcyclists modify their bikes with custom paint jobs, chrome accessories, and other aftermarket parts, it’s important for owners to have the value of these modifications reflected in the value of the motorcycle when the policy is drawn up.
Texas motorcycle insurance for liability is designed to cover you for bodily injury and property damage if you’re involved in an accident. It’s important to keep in mind that this coverage is only extended to other people’s injuries and damage to other people’s property, not your own. You and your motorcycle are not covered. You’ll have to inquire whether your policy includes a Guest Passenger Liability rider that covers someone injured while riding as a passenger on your motorcycle.
Personal Injury Protection
Texas motorcycle insurance is also available under what’s called PIP, for Personal Injury Protection. This optional insurance covers you for medical expenses as a result of an accident that you’re involved in. You can also arrange for coverage that protects you in the event that the other driver is deemed negligent, but doesn’t have insurance, or doesn’t have enough insurance to cover your injuries.
Minimum Texas Motorcycle Insurance Requirements
Texas has minimum requirements for motorcyclists who wish to operate on public roads, but in most cases you’ll prefer to have a lot more insurance than what’s required. Minimum Texas motorcycle insurance requires a liability limit of $30,000 for every injured person, up to $60,000 per accident, and $25,000 for property damage per accident. There are fines and penalties for not having this coverage while operating a motorcycle.
Don’t Overlook Discounts
You can qualify for discounts on your Texas motorcycle insurance depending on your age, your place of residence, the style and model of your motorcycle, the number of miles you drive each year, and whether you’ve successfully completed a motorcycle safety training course.