In Michigan, you cannot ride a motorcycle on the road without motorcycle insurance, so you come to The Ryan Insurance Agency for help. While we showcase our options, your motivation is finance over safety, so we open a policy with the basics. We deal with this constantly, so we are explaining the pros and cons here.

What is the minimum legal motorcycle insurance coverage in Clarkston, MI?

All insurance providers offer property damage liability coverage between $10,000 and $25,000. They also offer between $40,000 and $100,000 of bodily injury liability per accident and $50,000 of bodily injury liability per person. Keep in mind that the three liability coverages are minimum coverage amounts for the vehicle, person, and property you hit with your motorcycle.

What are the pros and cons of sticking with the minimum legal motorcycle insurance coverage in Clarkston, MI?

Cost savings are the major advantage of accepting the minimum motorcycle coverage in Michigan. The other advantage is the assurance that you can ride on the road legally with state-law-approved coverage.

The disadvantage of minimum coverage is the accident risk, which is financially more disastrous. If you are in an accident, your insurance will pay for damage to the other person’s injuries, vehicles, and property. Depending on the severity, the coverage may not be enough, forcing you to pay the remaining balance out of pocket. In addition, your insurance will not cover your injuries, your bike’s damage, or your property in the collision at all. It compounds when you have an injured passenger and pedestrians.

At The Ryan Insurance Agency, we know the dangers of being in a motorcycle accident, including the lack of protection to absorb the impact. We recommend to every customer who opens a motorcycle policy with us to purchase more than the minimum. We partner with several carriers, and we can compare policies to find one that suits your budget, needs, and road safety. Contact us for more information.