Motorcycle riding is exhilarating and offers a unique sense of joy and freedom. But, of course, motorcycles aren't without their dangers. According to the National Highway Traffic Safety Administration (NHTSA), motorcyclists are 28 times more likely to be injured in an accident than individuals in a passenger vehicle. For this reason alone, insurance is important. However, there are several other reasons why you need to carry motorcycle insurance.

The Importance of Insuring Your Motorcycle

1. To Follow the Law

Almost every state requires motorcyclists to carry liability coverage. Liability insurance covers bodily injury and property damage that you cause to others in an accident. Minimum liability limits vary by state, so be sure to ask your insurance agent what is required in your area. Some states also require uninsured/underinsured motorist — UM/UIM — coverage as well. This type of insurance pays for damages to you and/or your property caused by another driver who either doesn't have adequate insurance or any insurance at all.

2. To Have Peace of Mind

If you are involved in a collision, medical bills can accumulate quickly. Fortunately, personal injury protection can cover your own medical costs and those of your passenger. Also, if the crash is deemed your fault, you'll be thankful you have liability coverage to pay the costs to repair the other person's vehicle or property, or to pay their medical bills. Some insurance policies can also cover lost wages, substitute services, and funeral expenses. Having a qualified policy can give you the peace of mind that you won't have to worry about bills piling up after a motorcycle accident.

3. To Get Back on the Road

If you have an accident without motorcycle insurance, you might not have the money to get your bike fixed (or replaced if it was a total loss) right away. Having collision coverage can allow you to get your motorcycle fixed as soon as possible. If your bike gets totaled, total loss coverage will pay the MSRP of a current model year motorcycle of the same make and model. Comprehensive coverage pays for damage to your motorcycle caused by something other than collision, including fire, theft, or vandalism. It's a good idea to carry both comprehensive and collision insurance if you want to get back on the road quickly.

Whether you are looking for motorcycle insurance or another type of policy, reach out to Russell Insurance Agency for customizable insurance packages and top-notch customer service. Based in Robertsdale, AL, this reliable insurance agency has been serving Lower Alabama for more than 20 years. They offer auto insurance, business insurance, homeowners insurance, life insurance, and more. For affordable coverage and individualized service, call (251) 947-3607 to or visit their website to get an insurance quote or find out more about their services.