Motorcycle Insurance
Motorcycle insurance is required in Ohio and you must show proof of insurance prior to registering your motorcycle. The consequences of riding uninsured can result in varying penalties such as fines and license suspension.
You would need motorcycle insurance when you own and operate a motorcycle. Motorcycle insurance is mandatory in most states in the US, just like car insurance, and is required to legally operate your motorcycle on public roads.
Here are some common situations where you may need motorcycle insurance:
- Accidents: If you’re involved in an accident while riding your motorcycle, you could be held responsible for any damages or injuries caused. Motorcycle insurance can help protect you from financial losses resulting from the accident, including liability coverage to pay for damages to other people’s property and bodily injury coverage to pay for medical expenses for injuries.
- Theft or damage: If your motorcycle is stolen or damaged, motorcycle insurance can help cover the cost of repairs or replacement, depending on the coverage you have.
- Legal requirements: As mentioned, motorcycle insurance is mandatory in most states in the US, so you would need it to legally operate your motorcycle on public roads.
- Lender requirements: If you have a loan or lease on your motorcycle, your lender may require you to have motorcycle insurance as a condition of the loan or lease agreement.
- Personal preference: Even if you’re not legally required to have motorcycle insurance, you may choose to have it for peace of mind and to protect yourself from unexpected financial losses resulting from accidents or theft.
It’s important to review and compare policies from different insurers to find the best coverage for your needs and budget.