Fort Myers, FL Motorcycle Coverage | John Perry Insurance

Get to Know your Motorcycle Coverage Options

Posted September 2, 2021

Understand Motorcycle Coverage Options with John Perry Insurance

The occurrence of a motorcycle accident is unpredictable. Protect yourself and your family from the financial burden of a motorcycle accident with the motorcycle insurance coverage options from John Perry Insurance.

Florida does not require those who register a motorcycle to have insurance. However, if you are involved in an accident and injure a third party, you are financially responsible for their injuries. Additionally, purchasing insurance is required for three consecutive following an accident to avoid a license suspension.

The Benefits of Motorcycle Insurance

Covers damage to other vehicles in a collision
Covers medical bills and lost wages pertaining to injuries
Covers motorcycle damages
Offers liability protection for injuries to other people
Provides total loss coverage
Rates are based on year-round coverage

Motorcycle Insurance Coverage Options

Bodily Injury Liability Coverage

Coverage support for medical expenses and lost wages that result from the injury or death of another driver when the policyholder is at fault. In some states, this liability extends to passengers on motorcycles.
Coverage does not cover policyholder’s medical bills.

Property Damage Liability Coverage

Coverage support for damage to another person’s property when the policyholder is at fault. For instance, it may cover repairs if the policyholder damages another vehicle, private residence, storefront, or other structure.
This coverage does not cover a policyholder’s motorcycle repairs.

Medical Payments Coverage

Coverage support for reasonable and necessary medical expenses, including ambulance rides and x-rays, that are the result of an injury to a policyholder or their passengers on a policyholder’s motorcycle.

Personal Injury Protection

Coverage support for medical bills, lost income, funeral expenses, childcare, and more if a policyholder is hurt in an accident.
This protection is not available in all states.

Collision Coverage

Coverage support for damage to a policyholder’s motorcycle that results from a collision with another object, including a car, another motorcycle, a tree, or a building.

Comprehensive Coverage

Covers motorcycle damages caused by flooding, wind, vandalism, and theft.
Repairs up to the actual cash value of the motorcycle are typically covered.

Uninsured/Underinsured Motorist Bodily Injury Coverage

Covers policyholder and passenger injuries if they are in an accident on the policyholder’s motorcycle and an uninsured or underinsured driver is at fault.

Towing and Labor Coverage

Covers the costs of towing and related labor if a policyholder’s motorcycle breaks down or is in an accident.

Rental Reimbursement Coverage

Coverage support for the cost of a rental if a policyholder’s motorcycle is stolen or being repaired in a shop.

Motorcycle, Off-Road Vehicle, and Transport Trailer Damage Coverage

Covers damages/loss of a policyholder’s motorcycle and trailer resulting from a collision, rollover, and most natural and man-made losses, including earthquakes and vandalism.

Lease/Loan Gap Coverage

If a policyholder’s motorcycle is totaled or stolen, this coverage pays the difference between what the motorcycle is worth and what is still owed on the loan or lease.

Optional or Added Equipment Coverage

Allstate policies include $1,000 worth of coverage on aftermarket upgrades such as custom seats, crash bars, and fairings.
Extra coverage up to $30,000 is available for purchase.

Destroyed or Stolen Bike Insurance

There are three types of motorcycle policy settlement options regarding stolen or destroyed motorcycles:

Actual cash value: Pays out the cash value of bike worth, minus depreciation and the deductible.
Stated amount: Pays the amount previously selected when purchasing the policy.
Agreed value: Pays the amount agreed upon by the policyholder and the insurance company at the time of purchase. The amount remains fixed, and no deductible is taken from a claim check.

Southwest Florida’s Most Trusted Motorcycle Insurance Provider

John Perry Insurance customizes motorcycle insurance packages to fit every need. Our priority is customer value and satisfaction. Call us today to discover the motorcycle insurance package fit for you.

John Perry Insurance assists clients in discovering the right options. We have access to multiple insurance carriers and are happy to serve you.