The Importance of Uninsured/Underinsured Motorist Coverage for Motorcyclists

Texas requires all drivers, including motorcyclists, to carry a minimum of liability coverage. However, with liability-only coverage on your motorcycle, you and your passenger’s medical bills and property damage are left uncovered in an accident. Liability only covers the passengers in the other vehicle or property damage belonging to others if you are found at fault or liable for the accident when law enforcement examines the scene. So let our agents at All Around Insurance Agency in Katy, TX, help you find the best all-around coverage for your motorcycle.

With uninsured motorists (UM), you can get financial protection for you and your motorcycle in an accident with a driver who has no liability coverage on their vehicle. Uninsured motorist is commonly offered in two forms: uninsured motorist bodily injury (UMBI) and uninsured motorist property damage (UMPD). The bodily injury coverage of an uninsured motorist covers you and any passengers when the other party is at fault for causing the accident and has no liability insurance. This coverage can help alleviate the financial burden of medical bills and lost wages up to the UMBI policy limits that you select on the policy.

Similarly, UMPD coverage repairs your motorcycle when hit by an uninsured motorist, minus the deductible.

Underinsured motorist coverage (UIM), on the other hand, is a form of insurance that provides financial protection if the at-fault party causing the accident with you doesn’t have adequate liability insurance to cover the extent of your or your passenger’s bodily injuries and damage to your motorcycle.

Like UMBI and UMPD, the underinsured motorist coverages come in UIMBI and UIMPD, and the limits reflect the same ones you selected for UM coverage. It would take effect and cover the remaining cost of the damages to your motorcycle – minus the deductible (UIMPD). Additionally, it would pick up the remaining costs associated with your medical bills and your passengers’ lost wages (UIMBI).

For More Information

If you are wondering if uninsured/underinsured motorist coverage is necessary for your bike and is cost-effective, you can confidently reach out to us at All Around Insurance Agency in Katy, TX, at (281) 371-0052. We are here to provide detailed information about the coverages, guiding you to make an informed decision when protecting yourself, your passengers, and your favorite recreational toy.