Purchasing a bike is exciting. Not only are bikes an excellent vehicle to own, but they also present a really affordable way to travel. You need to be adequately insured to get the most out of your new motorcycle. Here at Greater Tulsa Insurance Inc., serving Tulsa, OK, and the surrounding areas, we want to help educate you on this important topic.
Required By Law
The first thing you need to know is that motorcycle insurance is required by law in order to operate the bike on the roads. A motorcycle is considered a street-legal vehicle, so the same insurance laws apply to other vehicles. You could face citations and other legal consequences if you fail to keep adequate insurance on your bike.
Investment Protection
You’ve invested money into your motorcycle purchase, and the best way to protect that investment is by purchasing the right insurance coverage. If your bike is damaged, lost, or stolen, and you don’t have insurance, the expense of repairing or replacing the bike will come out of your pocket. This could pose a financial difficulty for you. The best way to protect your investment is through a solid insurance policy.
Safe For Other Drivers
When all drivers have adequate insurance on their vehicles, the roads are safer for everyone. Although insurance can’t stop an accident from happening, it can protect every driver involved from the extreme expenses that accidents can create. This way, everyone has the peace of mind of knowing they can take care of these expenses without falling into financial ruin.
If you’d like to learn more about motorcycle insurance, please get in touch with us at Greater Tulsa Insurance Inc. in Tulsa, OK.