Buying a motorcycle can make your commutes a lot easier. You will never have to put up with the annoying traffic jams again. However, before you start using the motorcycle on the road, you need to make sure that it is insured.
So, why exactly do you need bike insurance? First of all, when you get your motorcycle insured, you will be following the law. Motorcycle insurance is mandatory in Canada. So, perhaps the best reason to get it is that you are required to do so by law. If you are found driving an uninsured bike, you may get yourself in hot water with the law enforcement officers.
Another benefit of buying motorcycle insurance is that you will get medical coverage in the event of injury in an accident. This insurance will ensure that your financial stability is not wrecked if you are involved in an accident that causes an injury.
When you purchase bike insurance, you will have financial assistance in case of damage to your motorcycle after an accident. Motorcycle insurance can help you avoid exorbitant out-of-pocket expenses that usually follow damage to a motorcycle or another driver’s property in an accident. A lot of policies include usually include collision coverage that will cover the repair as well as replacement of motorcycles in the event of an accident.
Also, when you have bike insurance, you will be protected in the event of theft, vandalism, or non-crash related damage to your bike. You will also get protection in the event of natural disasters such as floods and wind. You will also get immediate help after an accident or case of a breakdown when you have bike insurance.