Understanding Motorcycle Insurance Trends in Georgia

The need for motorcycle insurance has notably increased in Georgia, influenced by the latest marketplace trends. Whether you’re contemplating buying a motorcycle or already a rider, Garrison Insurance Group in Lilburn, GA, can help you comprehend these evolving trends to ensure you have the suitable coverage.

A Surge in Motorcycles on the Road

One significant trend currently impacting the motorcycle insurance industry is the growing number of bikes on the road. Due to this upsurge, Georgia’s legislation mandates that riders possess liability coverage. Georgia’s traffic congestion is a concern, and the rising number of motorcycle-related road accidents has driven this requirement.

Innovation in Motorcycle Technology

Modern motorcycles boast higher performance levels than ever, owing to advanced technology. Riders appreciate the increased speed offered by the latest models, many of which come equipped with GPS tracking. While older models are still coveted, they’re generally considered less risky to insure than their modern counterparts.

As a result, advancements in motorcycle technology have compelled insurance providers to broaden their coverage options to reflect the rising risks associated with new features.

Specialized Motorcycle Insurance Coverage Requirements

Georgia state law has integrated several specific requirements for motorcycle insurance coverage. The most notable addition mandates policyholders have minimum liability coverage on their motorcycle insurance policies. Potential claims of bodily injury or property damage caused by the policyholder are covered under this provision. Another requirement is that all motorcycle insurance policies include a certain level of uninsured motorist coverage, offering protection to riders involved in accidents with uninsured motorists.

Understanding the current trends in motorcycle insurance can immensely contribute to selecting the right coverage. Garrison Insurance Group of Lilburn, GA, can devise a policy that addresses your unique insurance needs. Contact us today to schedule an appointment.

Garrison Insurance Group is dedicated to helping people in Lilburn, GA deal with all their motorcycle insurance needs. Whether you’re an experienced rider or a new rider, we want to help you understand all you need to know about the necessary insurance for motorcycle riders in Georgia.

Is Motorcycle Insurance Required?

Before you can get riding, you have to understand the motorcycle insurance requirements. In Georgia, all drivers and riders must have a certain level of liability coverage, which includes $25,000 in bodily injury per person, $25,000 in property damage per accident, and $50,000 in total bodily injury per accident.

However, that’s not all. While it is not a strict requirement, the state suggests that drivers should have uninsured or underinsured motorist coverage that is at least $25,000 per person and $50,000 per accident for bodily injury and property damage of at least $25,000 with either a $250, $500, or $1,000 deductible.

You may want to add additional coverage beyond even that, but having at least the minimum is a good starting point when you’re determining what kind of coverage you may need.

What Types of Motorcycle Insurance are Available?

There are tons of types of coverage riders can choose from. The main types of motorcycle insurance coverage include:

• Liability insurance includes different liabilities that may occur to another driver or their property when you are at fault for an accident.
• Medical payments coverage is special coverage that focuses on covering medical expenses that happen to you or a passenger.
• Personal injury protection covers medical bills, lost expenses, and other financial damages you may face after an accident.
• Collision coverage helps cover damage that can result from a collision.
• Comprehensive coverage is there to protect you when you have an incident that is not caused by a collision, such as vandalism or natural disasters.
• Underinsured or uninsured insurance helps you when you are in an accident with someone else who doesn’t have insurance or enough insurance to cover your expenses.

Choose Motorcycle Insurance You Can Trust

If you’re in Lilburn, GA or nearby, the Garrison Insurance Group will be happy to answer any questions or concerns you may have about what motorcycle insurance policy will be right for you. Contact us today!

If you live in the Lilburn, GA area, owning a motorcycle could be a good idea. When you do own one, it can make it a fun way to get around the community in an efficient way. As you are looking for a motorcycle, you need to get coverage for it. There are various factors to think about when you are going to build a motorcycle insurance plan. 

Level of Coverage

One factor to consider is the level of coverage that you will need through your motorcycle insurance plan. There are a lot of factors to consider when building a plan, and the level of coverage should be a top priority. For both your comprehensive coverage and liability protection, there are different levels of coverage you can receive. While you will want to ensure you are appropriately protected, getting too much coverage could be unnecessary. Considering your individual needs and building a plan accordingly is important. 

Coverage Requirements

It is also very important that you consider your personal coverage requirements when you are going to create a motorcycle insurance plan. Most people that own a motorcycle will have some requirements. If you want to use the motorcycle on a public road, you will be required to carry liability coverage by state law. If you have a loan out against the motorcycle, the lender will likely require a full policy. 

Reach Out To Us

Anyone that lives in the Lilburn, GA area will want to ensure they have the right insurance in place. When you do get this type of insurance for your motorcycle, it would be a good idea to call our team with the Garrison Insurance Group. If you do call us at the Garrison Insurance Group, you can learn far more about your options to build an ideal plan.