Comprehensive motorcycle insurance covers damage caused by accidents and other incidences. This coverage pays for things like vandalism, fire, or even natural disasters. Comprehensive coverage is especially important if you have a valuable bike. Most motorcycle finance companies require that you have this type of coverage. And remember that the best coverage is the one that provides the maximum amount of protection at the lowest possible price.
In addition to liability, comprehensive coverage for motorcycle insurance covers other damages your motorcycle may incur. It can include repairs, medical bills, and more. While collision coverage only covers damage you cause to another person or their property, it is often required if your bike is leased or financed. The cost of comprehensive motorcycle insurance varies widely. You need to determine the cost of your coverage based on the age and type of your motorcycle. Younger riders, for instance, are more likely to have accidents and claims because they have less experience on the road. Other factors that may affect your premium include the number of previous accidents they have had.