Motorcycle Insurance Happy Valley, OR
Motorcycle insurance protects you from financial liability if you cause an accident while on your bike. It can also pay for damage to your motorcycle. At Schmidt Insurance Group, our team is specially trained in high-net-worth households and can help you find the exact amount of coverage you need.
Schmidt Insurance Group opened its doors in Lake Oswego in 2019 to make insurance simple, transparent, and affordable, and provide outstanding customer service. We are born-and-raised Oregonians who proudly serve the local Portland area as well as the entire states of Oregon and Washington.
Things You Should Know About Motorcycle Coverage
- Almost any type of motorcycle can be insured. Coverage is available for most of the bikes on the road, from cruisers to sport bikes, scooters, modified bikes, dirt bikes, classic motorcycles from the ‘50s, and customized motorcycles. Even vehicles you might not think about insuring, such as golf carts and Segways, can often be covered.
- It works pretty much like auto insurance. Insurers generally offer the same protections for motorcycles as they do for cars – property damage and bodily injury liability, comprehensive coverage, collision coverage, and medical payments coverage. You can also purchase other coverages, such as roadside assistance and trip interruption coverage that will help pay for food, lodging, and transportation if you get stranded.
- It can cover your protective gear. In addition to the bike itself, your policy may also cover the cost of replacing the gear you need to ride it safely, like helmets, riding leathers, jackets, and gloves, when they are damaged in an accident. In most cases, coverage for motorcycle gear is limited, but you may be able to add optional coverages, riders or endorsements, to get the coverage you need.
- Owning a home may get you a discount. Many insurers offer ways you can get a discount on your motorcycle insurance. They include owning a home, taking motorcycle safety classes, or bundling the policy with another vehicle such as a car, RV, or ATV.
How Much Will Motorcycle Insurance Cost?
Just like car insurance, the cost of motorcycle insurance will vary based on factors like your age, where you live, your driving record, and the type of motorcycle you own.
Younger drivers will typically pay higher premiums because they’re considered riskier and less experienced. Bikers with poor driving records will pay much more than those with spotless records. You’ll pay more if you live in a densely populated area due to the greater risk of theft and collisions. High-priced bikes, like those with larger engines, are usually more expensive to insure.
Whether you have just bought a motorcycle or have owned one for a while and are thinking about changing insurance providers, you may have more questions. The Schmidt Insurance Group team is ready to help.
Schmidt Insurance Group covers everything from home to auto, life to business, and RV to motorcycle insurance for residents of Happy Valley, OR. The more you cover with us, the more you save! Get in touch with us at (503) 206-0881 to explore your options.
