I agree, riding motorcycles is a ton of fun. But as a motorcycle rider, it’s important to understand the risks associated with riding a motorcycle and the importance of having adequate insurance coverage. Uninsured/underinsured motorist (UIM) insurance is particularly important for riders, because that’s one thing that riders themselves can control.
What is Uninsured/Underinsured Motorist Insurance?
UIM insurance is a type of coverage that protects you in the event of an accident caused by an uninsured or underinsured driver. If you are involved in an accident with a driver who does not have insurance or does not have enough insurance to cover the damages, UIM insurance will step in and provide additional coverage you may need.
Why is it Important for Motorcycle Riders to Have High UIM Insurance Limits? UIM insurance:
- Protects you from financial loss: In the event of an accident caused by an uninsured or underinsured driver, the financial impact can be significant. With high UIM insurance limits, you can have peace of mind knowing that you are protected from, at least, the financial burden of an accident.
- Covers medical expenses: In addition to covering damages to your motorcycle, UIM insurance also covers medical expenses incurred as a result of an accident. As a motorcycle rider, you are at a higher risk of serious injury in the event of an accident, making it even more important to have high UIM insurance limits to cover the cost of medical care.
- Provides coverage for passengers: If you have passengers on your motorcycle, UIM insurance will provide coverage for them as well. This is especially important if your passengers are family members or friends who are riding with you.
- Protects against underinsured drivers: Even if a driver has insurance, it may not be enough to cover the damages in an accident. With high UIM insurance limits, you can help yourself and your loved ones be protected in the event of an accident caused by an underinsured driver.
- Affordable option: Compared to other types of insurance coverage, UIM insurance is relatively affordable. For the added protection it provides, it is well worth the investment.
In conclusion, having high UIM insurance limits is essential for motorcycle riders. With the increased risk of serious injury and the financial burden that can result from an accident, it is important to have the peace of mind that comes with having adequate coverage. If you are a motorcycle rider, I recommend you get a quote. Speak with your insurance agent about increasing your UIM insurance limits today.