Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Home

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Business

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Get a Quote
Icon

Health

We browse through a wide variety of coverages and find the right one for you.

Get a Quote

MotorcycleMotorcycle insurance works a little bit differently from auto insurance. There are three basic types of motorcycle insurance: liability, economy and complete insurance packages. Let us help you understand the difference between the three so you can choose the right policy for your bike.

Liability Insurance

When you purchase liability insurance for your motorcycle, you will be covered against third party property damage and injuries. However, this type of policy only pays if you are at fault in an accident – it does not cover damage to your bike or injuries that you sustain in the accident. If you have assets that could be lost in a lawsuit, you should make sure that your liability coverage meets or exceeds your net worth. You could also consider purchasing an umbrella policy to cover any shortfalls in a liability only motorcycle policy.

Economy Insurance

Economy motorcycle insurance can be tailored to fit your needs. With this type of policy, you will receive liability coverage, as well as comprehensive coverage that protects your bike against theft. After that, you can choose to add coverage for guest passengers and uninsured motorist coverage.

Complete Motorcycle Insurance

With a complete motorcycle insurance plan, you will receive more coverage than with an economy or liability only policy. Along with liability and comprehensive insurance, you will also get collision insurance that covers damage to your motorcycle if you are in an accident. The collision insurance will pay the book value of your bike, minus the deductible you have selected.

For those that are concerned with the replacement value of their bike, a complete motorcycle policy may be the best choice. However, if your bike isn't your primary mode of transportation, you can save money by choosing liability or economy insurance. Talk to your insurance agent to make sure all of your bases are covered.

We’ll help you choose the right coverage. Call ECI Insurance Agency at (405) 373-2977 for more information on Oklahoma City motorcycle insurance.

Share |


NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010


View Mobile Version
© Copyright. All rights reserved. | Powered by Insurance Website Builder