Tag: motorcycle insurance coverage

Global motorcycle insurance market grows rapidly as disposable income rises

H. Cutner
Global Motorcycle insurance Industry

A recent report indicated that the market is predicted to reach $108.6 billion by 2032 A rise in disposable income and the popularity of obtaining motorcycle insurance coverage are being credited for a notable increase in the size and value of that market. That market is experiencing a sudden surge in the US and worldwide The rising popularity of motorcycle insurance is being greatly associated with the increasing ownership of the bikes around the world. The trend is particularly strong in metropolitan areas, where there is higher appeal for affordability,…

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Florida motorcycle insurance gains new pay-per-mile player

Logan B.
Motorcycle insurance - Motorcycle on road - Florida flag

The state’s riders now have the added option that Voom has included in their available products Riders in Florida have an additional motorcycle insurance option from which to choose for meeting their coverage needs as Voom Insurance recently announced that it was bringing its pay-per-mile policies to the state. This makes the insurer the only one in Florida selling this type of product Usage-based coverage is available within the state’s automotive market, but this option has been focused entirely on larger vehicles such as cars, SUVs and trucks. The new…

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Motorcycle insurance companies recommend adequate protective clothing

G. Turner
Motorcycle insurance - first person motorcycle perspective

Insurers have underscored the importance of wearing the right gear for riders on the road. As riders head out onto the roads, motorcycle insurance companies are reminded of the importance of wearing the right protective clothing. Riders are vulnerable to severe injury while riding normally as well as in the case of a motorcycle crash. As the riding season gets underway, motorcycle insurance companies want their motorcycle policyholders to remember how to keep themselves safe as some of the most vulnerable road users. Riders face risks every day they’re on…

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Motorcycle insurance policy coverage is frequently underestimated

G. Turner
Motorcycle Insurance policy

Many riders don’t realize the full extent of the protection they actually have when they purchase coverage. Most states require riders to own a motorcycle insurance policy when they head out on the roads. However, many policyholders don’t realize exactly what they can cover with these policies. There are many types of vehicle that can be included in this kind of protection. It is not uncommon for riders to expand their coverage to other vehicles once they realize they can. Regardless of whether or not it is required, purchasing a…

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Motorcycle insurance and a license could save your life

G. Turner
motorcycle

A recent study showed that 36 percent of traffic fatalities in Wisconsin were from unlicensed motorcyclists. As much as people have always been told that having a license and motorcycle insurancef is very important to safety, a recent study conducted in Wisconsin has shown that people who are unlicensed are getting killed on the state’s highways in large numbers every year. The study looked into the last ten years and about 36 percent of the fatalities involved unlicensed operators. This helps to explain why the two most highly recommended safety…

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