If you have been riding motorcycles for the longest time, you probably know that Bourbonnais, IL requires you to be financially responsible in the form of motorcycle insurance. That means buying adequate motorcycle insurance to pay for property damage and injuries that could result from an accident. So, how much do you really need to have to satisfy your financial responsibility and avoid out-of-pocket costs? Read on to find out.

The type of bike you’re riding

The most significant determining factor of what you will pay and your coverage limits depends on the type of bike you own.  If you ride a fast bike like a supersport or racing bike, your motorcycle insurance policy will not only be costly but also require need more coverage to protect the investment.

Liability is always a critical requirement

All motorists in Bourbonnais, IL are required to have bodily injury and property damage liability coverages. However, the required amount is not always enough to cover injuries and damage. When you visit us at George Ryan Jr. Insurance Group Inc, we check your liability risk level to help assess how much liability you will need to add. 

Biking activities you undertake with your motorbike

Any bike designed for speed and maneuverability puts riders at significant risk of sustaining serious injuries as well as accidents. If you plan to take on bike racing activities, you may want to increase your liability, collision, and comprehensive coverages. You should also have your personal injury protection at the maximum amount provided by your insurer.

Speak to your insurance professional

Your motorcycle insurance provider should be able to tell you how much motorcycle insurance you need based on various factors unique to you. Remember, motorcycles carry an exceptional level of risk as they are smaller and not always visible. 

To learn more about motorcycle insurance and how to determine the number of coverages and limits to carry, contact experts at George Ryan Jr. Insurance Group Inc, and our dedicated team of insurance agents will be happy to answer your questions.