If you ride, it’s wise to familiarize yourself with the terms of your motorcycle insurance policy. While it’s possible to get in a minor fender bender that causes little damage when operating a passenger vehicle, 80% of all motorcycles accidents result in injury or death. As such, riders should review their insurance coverage carefully so there are no surprises in the event that they must file a claim. To ensure optimal protection, they should also clear up any misconceptions about their insurance, including the following.

3 Common Myths About Motorcycle Insurance

1. Minimum Coverage Requirements Are Sufficient

In Georgia, motorcyclists must purchase both personal liability and property damage coverage. The minimum requirements include at least $25,000 per person in bodily injury, at least $50,000 per accident in bodily injury, and at least $25,000 in property damage. While purchasing only the minimum required amounts could help you save today, it could cost you tomorrow. Should you cause an accident that results in more than the covered damages, victims could go after your assets to make up the difference.

2. Auto Insurance Policy Applies to My Motorcycle

Since auto insurance polices can apply to cars, trucks, and SUVs, people often assume they cover motorcycles, too. In reality, though, all riders must purchase a separate policy to protect themselves and their motorcycle in the event of an accident. Therefore, it’s important to consider the cost of insurance when determining a budget for your new bike.

3. Canceled Coverage During the Winter Months Will Save Money

Even if you’re not riding your bike, it’s wise to retain an active policy. Insurers are inclined to charge more to customers who start and stop their coverage. Canceling the entire policy could also affect your registration. Additionally, it means the bike is not covered should it sustain any kind of damage while parked for the season.

For affordable motorcycle insurance that will meet all your coverage needs, turn to Wilson Insurance Agency. Since 1969, this firm has been helping clients throughout Dalton, GA, protect themselves, their loved ones, and their most valuable assets. Their knowledgeable agents will help you design a policy that provides everything you need and nothing you don’t. To request a quote for motorcycle insurance, reach out on their website or call (706) 278-0549.