Despite the many rewards of riding a motorcycle in Alaska, there are risks when you hit the road. Fortunately, the right insurance plan will give you peace of mind knowing you will be covered if the unexpected happens. Dunlap Agency in Fairbanks, AK, reminds riders that having motorcycle insurance is a necessity to protect you and your bike.

3 Crucial Reasons You Need Motorcycle Insurance

It’s Required by Law

Motorcycle riders in Alaska must meet the minimum requirements for liability insurance. Riding without coverage can result in a suspended license and higher insurance rates once you’re back on the road. While you can expand your total coverage with optional insurance, laws require you to at have minimum liability insurance of $50,000 per person for bodily injury, $100,000 for total bodily injury, and $25,000 for property damage.

It Protects You From the Expense of a Collision

The minimum required motorcycle insurance covers the cost of damage to another party when you’re at fault in an accident. To protect your belongings and yourself, you must add collision and medical coverage. Uninsured motorist coverage also is helpful if an at-fault party is uninsured.

It Helps You Replace a Damaged or Stolen Bike

Motorcycle insurance covers not only costs resulting from an accident but damage from natural disasters and theft. Since the rate of theft for motorcycles is significantly higher than for cars, you should add comprehensive coverage to your insurance policy for nonaccident damage.

Insurance is a necessity for any motorcycle rider, and it’s affordable when you have a trusted provider like Dunlap Agency to help you compare rates. Their agents also will determine if you’re entitled to discounts for good driving and rider safety training. To learn more about affordable motorcycle and auto insurance coverage from this Fairbanks, AK, agency, call (907) 456-5202. Visit them online to learn more about their plans, including renters insurance and small business insurance, and check their Facebook page for client reviews.