New Hampshire Motorcycle Insurance

Reducing Risk for Riders

There’s nothing like the freedom you feel when riding, but being on the road comes with its risks. To ensure you have the coverage and financial protection you need, consider these essential New Hampshire motorcycle insurance coverage options:

• Liability Coverage: Protects you financially if you’re responsible for an accident that causes injury or damage to others.
• Collision Coverage: Covers the cost of repairs or replacement if your motorcycle is damaged in an accident, regardless of fault.
• Comprehensive Coverage: Provides protection against non-collision-related incidents, such as theft, vandalism, or weather-related damage.
• Uninsured/Underinsured Motorist Coverage: Ensures you’re protected if you’re involved in an accident with a driver who has insufficient or no insurance.
• Medical Payments Coverage: Helps cover medical expenses for you and your passengers in the event of an accident.

Davis & Towle Insurance Group is here to help you explore these options and customize a policy that fits your needs. Ride with peace of mind, knowing you’re fully protected on the open road.

Liability Insurance Coverage

Liability insurance is a crucial component of auto coverage, required by most states. It provides financial protection by covering bodily injury and property damage that you may cause to others in an accident. Here’s a breakdown of what liability insurance typically covers:

• Bodily Injury Liability: This part of your liability insurance covers the medical expenses, lost wages, and pain and suffering of the other driver or your passengers if you’re at fault in an accident. It’s designed to help cover the costs associated with injuries sustained by others.

• Property Damage Liability: This coverage helps pay for the repair or replacement of property damaged in an accident that you cause. This can include other vehicles, homes, fences, or any other property that might be damaged in the collision.

Having adequate liability insurance is essential to protect yourself from significant financial loss in the event of an accident. Make sure your policy meets your state’s minimum requirements and consider increasing your coverage for added peace of mind.

Collision Insurance Coverage

Collision insurance is a vital part of protecting your motorcycle, covering damage to your bike if you’re involved in an accident. Here’s what you should know:

• Coverage Details: Collision insurance helps pay for repairs or replacement of your motorcycle, minus your deductible, if it’s damaged in an accident, regardless of who is at fault.
• Book Value Coverage: It’s important to note that collision insurance typically covers the book value of your motorcycle at the time of the accident, not the amount you paid for it. This means the payout may be based on the bike’s depreciated value before the loss occurred.

Having collision insurance ensures that you’re financially protected, allowing you to get back on the road quickly after an accident. Make sure to assess your motorcycle’s current value and choose a deductible that fits your budget and coverage needs.

Comprehensive Insurance Coverage

Comprehensive coverage is an essential part of your motorcycle insurance, providing protection against a wide range of non-collision incidents. Here’s what you need to know:

• What It Covers: Comprehensive coverage pays for damages to your motorcycle caused by events other than collisions, such as fire, theft, vandalism, or natural disasters.
• Deductible and Payout: Similar to collision insurance, comprehensive coverage will cover the cost of repairs or replacement, minus your deductible. However, it’s important to remember that the policy only pays up to the book value of your motorcycle at the time of the loss, reflecting its depreciated value.

Comprehensive coverage offers peace of mind by protecting your motorcycle from unexpected events that could otherwise lead to significant financial loss. Make sure your policy provides the right level of coverage for your needs.

Uninsured/Underinsured Motorist Coverage

Uninsured/underinsured motorist insurance coverage is a critical safeguard for you and your property when the unexpected happens. Here’s how it works:

• Coverage Benefits: This insurance covers damages to you and your property caused by another driver who either has no insurance or insufficient insurance to cover the full extent of your damages.
• What It Pays For: Typically, uninsured/underinsured motorist coverage will help pay for medical treatment, lost wages, and other related damages that result from the accident.

Having this coverage ensures that you’re protected even when the at-fault driver can’t fully compensate you for your losses. It’s an important addition to your insurance policy, providing peace of mind in situations where you might otherwise be left financially vulnerable.

Optional Equipment Coverage

If you’ve decided to customize your motorcycle, it’s essential to consider obtaining additional or optional equipment coverage. Here’s why:

• Standard Coverage Limitations: Most comprehensive and collision insurance policies only cover the factory standard parts on your motorcycle. This means that any custom parts or upgrades you’ve added may not be covered under your standard policy.
• Optional Equipment Coverage: To protect your investment in custom parts and accessories, optional equipment coverage is available. This additional coverage ensures that your customized features are included in your insurance policy, providing financial protection in case of damage or theft.

By securing optional equipment coverage, you can ride with confidence, knowing that your motorcycle’s customizations are fully protected.

We’re Here to Help!

Call our office today at (603) 225-6611 to learn more about all of our affordable vehicle insurance and personal risk management solutions.