by Insurance Zombie
Motorcycle riders often extol the virtues of riding their vehicles on the open roads, especially given the freedom and maneuverability that most motorbikes provide. Due to their small size and relatively lightweight frame, people who enjoy riding motorcycles can often enjoy a riding experience that other vehicles cannot provide.
Regardless of whether you operate a motorcycle, car, truck, or other vehicle, it is essential to establish adequate auto insurance coverage for your vehicle. General motorbike insurance policies help cover damage caused in a collision, protect in the event of theft or vandalism, and provide coverage for injury to yourself and others.
The Importance of Motorbike Insurance Policy
Before taking to the streets, roads, or highways, motorcycle riders should make sure that they are covered in the event of an accident. Motorcyclists often make sure that they establish protection against collision, theft, vandalism, and damage caused by uninsured or under-insured drivers. When it comes to motorcycle insurance coverage, it is important to make sure your vehicle is protected from theft, due to the relative ease of unlawfully taking such vehicles.
By protecting yourself against uninsured motorists, you can be sure that your vehicle will be repaired in the event of an accident. Persons who do not have adequate motorcycle insurance protection may find that they have to pay for collision repair out-of-pocket. Accidents with drivers who do not have enough bike insurance coverage by policy may be just as costly as ones with completely uninsured drivers. If a person does not have enough protection to pay for the damage he or she causes to your physical well-being or your property, you may be forced to pay for repairs on your own.
Motorcycle Insurance Companies and Discounts
Fortunately, many auto insurance companies offer discounts to motorcycle owners to help them with the costs of insuring their vehicle. Riders may be able to get discounts through motorcycle riders’ associations, or may be eligible for discounts following the completion of a drivers’ safety course. Common methods for lowing insurance payments include insuring multiple vehicles on the same automobile insurance policy, which usually results in lower overall cost to the policyholder.
...12.11.09
For Immediate Release
Chicago, IL – November 12, 2009 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Progressive Corporation ( PGR ), Allstate Corp. ( ALL ), Infinity Property and Casualty Corp. ( IPCC ), State Auto Financial Corp. ( STFC ) and Monsanto Company ( MON ).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Wednesday’s Analyst Blog:
Progressive’s Income Falls
Auto insurer Progressive Corporation’s ( PGR ) income for October fell to 16 cents per share compared with 22 cents in the year-ago period. Though the company has posted a growth in premium writings, realized gains were lower in the quarter compared to the year-ago quarter.
Source: Benzinga
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