Motorcycle insurance is widely available, with many of the nation's top auto insurers offering the product as either a stand-alone policy or as an endorsement to a personal automobile policy. There were 7.7 million motorcycles on U.S. roads as of 2008, according to the U.S. Federal Highway Administration, the most recent data available. If you are in the market for motorcycle insurance, most states require you to carry a minimum amount of liability coverage. Liability insurance covers bodily injury and property damage that you may cause to other people involved in an accident. It does not cover you or your motorcycle. An additional option within your liability insurance is first-party medical coverage, in the event you want to be reimbursed for bodily injury expenses you incurred while on your motorcycle. You may also be able to purchase coverage for medical bills received from an injured party, ranging from $2,000 to $25,000. And check whether your liability coverage includes Guest Passenger Liability, which provides financial protection in the event that your passenger is injured while on your motorcycle.
Other, often optional, coverages available to motorcycle owners are: collision (covering damage to your motorcycle); comprehensive (covering damage caused by events other than a collision, such as fire, theft or vandalism); and uninsured/underinsured motorist coverage (covering damages to you and your property caused by another driver who either does not have insurance or whose insurance is inadequate). Always ask your insurance agent or company representative which insurance coverages are required in your state.