Riding a motorcycle is such a fun and freeing experience, but it also carries quite a few risks. That's why all riders must have the right insurance coverage to protect themselves and their motorcycles in the event of an accident. Here are a few reasons why you simply cannot go without a policy. 

Why Do You Need Motorcycle Insurance? 

1. Personal Liability Protection

If you're involved in an accident and believed to be at fault for what occurred, you could be faced with some serious expenses. Injury victims may seek money for medical bills and lost wages or might even file suit against you. 

Motorcycle insurance offers liability protection that prevents you from being personally liable for these costs. They provide money for victims while also covering court fees and lawyers' costs. Because even a single accident can incur outrageous expenses, you should purchase as much liability protection as you can reasonably afford. 

2. Legal Obligations

Liability coverage isn't just a smart idea for motorcyclists; it's also legally required. In Virginia, all motorists must carry a minimum amount of liability coverage to drive on the roads. 

If the insurance policy was initiated prior to 2022, you must have $25,000 per person and $50,000 for two or more people to cover injuries, as well as $20,000 to cover any property damage that occurred. Policies initiated after 2022 must include $30,000 per person and $60,000 for two or more people, while the property damage amount remains the same. 

3. Investment Protection

Purchasing a motorcycle does require a significant amount of money, especially when you choose a high-end model. Motorcycle insurance protects this investment by providing funds to repair or replace the vehicle if needed. 

Without these funds, you would be solely responsible for all related costs. Keep in mind that you'll need comprehensive and collision coverage to receive repair funds for your bike. Also, choosing a replacement cost coverage policy is best. While these policies are more expensive, they don't factor in depreciation like actual cash value policies.

Since 1998, Metro Insurance Agency has provided dependable service for motorists throughout Augusta County, VA and surrounding areas. With more than 22 years of experience, these insurance agents can identify your unique risks to help you find the perfect coverage. They strive to keep policies reasonably priced and can help high-risk drivers get back on the right track. Learn more about their auto insurance policies by visiting the website. If you'd like to get started on a quote, call (540) 942-2200 today.