Motorcycle Insurance in Massachusetts

What types of coverage do motorcycle policies provide?

Motorcycle policies can offer several coverages, with specific options varying from policy to policy. Depending on a policy's terms, it might provide:

• Bodily Injury Liability Coverage: Generally for injuries sustained by pedestrians and passengers in other vehicles. 
• Property Damage Liability Coverage: Generally for damage inflicted on other vehicles and property. 
• Personal Injury Protection (PIP): Generally for injuries to the rider and passengers on the insured motorcycle. 
• Collision Coverage: Generally for damage to the motorcycle that occurs during multi-vehicle accidents. 
• Comprehensive Coverage: Generally for damage to the motorcycle that results from non-accident events. 
• Accessories and Custom Parts Coverage: Generally for after-market parts that have been installed on the motorcycle. 
• Personal Belongings Coverage: Generally for personal belongings while they’re on the motorcycle. 
• Underinsured/Uninsured Motorist Coverage: Generally for accidents that involve uninsured drivers, or hit-and-run accidents.

Can ATVs be insured with motorcycle policies?

While motorcycle policies might be used to insure dirt bikes, these policies generally don’t cover ATVs. ATVs differ in both their design and typical use. For these reasons, an ATV insurance policy tends to be better for insuring four-wheelers.

What is the difference between agreed value and actual cash value motorcycle policies? 

Motorcycle policies that include comprehensive and collision coverages usually establish their limits for these coverages as either "agreed value" or "actual cash value.” The terms normally dictate how much the motorcycle itself is insured against damage and loss for: 

• Agreed Value: Typically covers up to a predetermined amount that’s agreed upon when the policy is purchased. This amount could be over the bike’s actual value.
• Actual Cash Value: Typically covers up to the current market value of the motorcycle at the time of damage or loss.

While actual cash value policies make sense for most motorcycles, agreed value policies might be more appropriate for unique bikes. Riders may want to choose agreed value coverage if their bike is a classic, a rare model, or has been heavily customized.

An insurance agent who knows motorcycle policies well will be able to assist with finding an agreed value or actual cash value policy.

How much does it cost to insure a motorcycle?

Motorcycle premiums are subject to various factors, and therefore ary. Some factors that can impact rates are:

• Rider's gender, age and marital status
• Rider’s experience and accident history
• Estimated annual mileage
• Motorcycle’s year, make and model
• Motorcycle’s engine size
• Location where the motorcycle is stored 

Comparing quotes with an independent insurance agent is an easy and quick way to find out how much different companies will charge for insuring a particular bike.

Where can riders in Massachusetts find motorcycle insurance?

For assistance with getting motorcycle insurance in Massachusetts, reach out to the independent insurance agents at Garrity Insurance. We’ll help you make sure your bike is well insured.