Insuring a motorcycle means taking your risks into account. Motorcycles cause unique, indeed considerable risks to your safety and your financial assets.
Motorcycles are often harder to operate than the traditional automobile. Owners should therefore do their due diligence to appropriately insure the bike. Doing so can protect your safety risks should you face a motorcycle accident.
Keep Your Policy Active
You have to keep your policy active at all times. Part of keeping your policy active means paying for your coverage. If you don’t pay for your coverage, you might lose your policy.
Make sure that you will never let your policy lapse. Doing so means you won't have coverage. This could lead to legal penalties. There are various ways you can cover your policy costs:
- Companies often offer various payment mechanisms for your policy. This helps ensure that you can make payments on a schedule that is convenient to you. You might be able to pay for your policy in a lump sum, quarterly and even monthly.
- Discounts might help you save on the cost of a motorcycle policy. Various insurers award discounts for safe driving, continuous service and even student discounts. A motorcycle insurance discount could help you maintain coverage without having to worry about making payments.
When you establish a plan, talk to your agent about the payment options you have available. Your agent might be able to work with you to determine a payment plan that is right for you.
Not only is going without motorcycle insurance inadvisable, it is likely illegal. Most states require drivers, including motorcyclists, to carry minimum liability insurance levels. Louisiana requires $15,000 bodily injury per person, $25,000 property damage, and $30,000 bodily injury per accident.
Make sure that your Louisiana insurance policy will cover these minimum levels. If you buy coverage in the state, your insurer might automatically set these levels. Nonetheless, always double check your policy to ensure it meets the state’s minimum requirements.
Operate Legally
It is not just important that you get and maintain motorcycle insurance. You also must make sure you can legally operate within state laws. If you don’t carry the right operating requirements, this increases your insurance risk in addition to making you an illegal operator.
- In Louisiana, you have to carry registration on your bike. If you move into the state, you have 30 days after establishing residency to register.
- Get the proper motorcycle operating requirements. Louisiana requires riders to carry an endorsement on their driver’s license. You have to pass a motorcycle knowledge exam and a driving test to get the endorsement.
We’ve got you covered. Call Bromell Agency, Inc. at (318) 251-1212 to get the proper Shreveport motorcycle insurance policy.