An Independent Review of Rental Motorcycle Insurance
As you approach the motorcycle rental desk, you will be asked by the rental agent if you would like to purchase rental motorcycle insurance. If you decline, you will be asked to place your initials beside each insurance coverage you decline. The decisions you make in those few moments can have a dramatic impact on your financial situation. Deciding whether you need to purchase motorcycle insurance offered at the Rental Motorcycle counter prior to your arrival can prevent you from suffering a serious financial loss or wasting your money on insurance you already own or do not need in the first place. One of the most frequently asked questions as motorcycle insurance agents is “Do I need to buy motorcycle insurance offered at the motorcycle rental desk when renting a motorcycle?” The answer to this question is maybe why not visit https://www.howmuchismotorcycleinsurance.org
You can provide coverage for the rental motorcycle using the insurance policies you already own or you may decide to purchase additional protection. In this article, we will provide you with the information you need to make these crucial decisions. When you rent a motorcycle, there are several ways to secure coverage without buying it at the motorcycle rental desk.
Transfer coverage from your existing motorcycle insurance policy: If you are renting a motorcycle and already have a motorcycle insurance policy, you must bring your insurance ID motorcycled with you when you rent the motorcycle. The motorcycle rental company may require this and save you a lot of time and trouble if the police stop you in your rental vehicle. Your motorcycle insurance policy coverage and deductibles will motorcyclematically transfer to the motorcycles you rent as long as you are not using the motorcycle for commercial purposes or rented in another country.
You need to check the claims page of your personal motorcycle insurance policy to find out if you currently have material damage liability coverage, comprehensive coverage and collision. Take note of your liability limit for property damage and your comprehensive and collision deductible. If you are renting a motorcycle in another country, definitely consider buying cover at the rental counter, as most motorcycle insurance policies only cover their owners in the country where the policy was written. Damage to your rental motorcycle will be covered by the Liability for Material Damage portion of your personal motorcycle insurance policy if you rent the motorcycle for pleasure.