To operate your motorcycle in Arizona, you must always maintain the minimum liability insurance on it. If your motorcycle is financed, you will be required by the lender to have additional insurance until it is paid off.
The minimum liability insurance you must carry is a 15/30/10 policy, meaning you need $15,000 bodily injury coverage for one person in one accident, $30,000 bodily injury coverage for more than one person in one accident and $10,000 property damage for one accident.
The liability portion of an insurance policy only pays for the damages to another person's property and their injuries, but it doesn't cover any of your losses in the case of an accident. You can add collision insurance from Atlas Insurance Solutions to pay for damages to your motorcycle in the case of an accident and comprehensive coverage to pay for repairs or replacement of your motorcycle in the case of any type of damages other than a collision. This portion will cover theft, fire, vandalism, and weather-related damages. You can add other types of insurance such as medical payments to pay for your injuries and passenger injuries in case you are in an accident, as well as personal injury protection for an added layer of coverage. You can also add uninsured and underinsured motorist coverage to cover your medical bills and property damages costs related to an accident in which the other party has either too little insurance or no insurance to cover all your losses.
It can be a bit daunting when you are seeking motorcycle insurance because you want to have enough coverage to recoup any losses. At Atlas Insurance Solutions, we can help you to get the perfect amount of coverage you need to protect your assets and yourself. You can give us a call or simply drop by the office to talk to an agent for all of your motorcycle insurance needs.