Motorcycle Insurance Lake Oswego
Before you set off on the open road on your motorcycle, make sure you have the right motorcycle insurance. Talk to the team of professionals at Schmidt Insurance Group in Lake Oswego for help finding the right coverage to suit your needs.
About Us
Schmidt Insurance Group opened its doors in 2019 with a goal of making insurance easy while providing exceptional customer service. We proudly serve the local Portland area as well as the states of Oregon and Washington. Our office is full of born-and-raised Oregonians!
Motorcycle insurance protects you from financial liability if you cause an accident while on your motorcycle, and it can also pay for damage to your bike. 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.
What Does Motorcycle Insurance Cover?
Motorcycle and auto insurance are pretty similar. Both of them protect your vehicle if it’s stolen or damaged, and both provide coverage for medical and liability expenses if you, a passenger, or someone else is hurt in an accident. Coverage categories often include:
- Liability insurance: Liability coverage can cover the costs if you cause an accident, damage someone’s property, or injure someone while on your bike.
- Personal injury protection (PIP): If you’re concerned about wiping out, increase your personal injury protection coverage. It covers medical expenses, lost income, and related damages that you cause to yourself or people riding with you.
- Collision insurance: No matter who is at fault, this coverage can help pay to repair your damaged bike after a collision with another vehicle or object, such as a fence.
- Comprehensive insurance: This coverage protects you in the event of non-collision damage, such as damage to your bike from vandalism, fire, or theft.
- Uninsured/underinsured motorist coverage: This coverage can help cover your costs if another driver causes an accident but does not have liability insurance or can’t cover the full cost of the damages or injuries they cause to you or your motorcycle.
What Does 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. And expensive bikes, like those with larger engines and high-priced builds, are usually more expensive to insure.
Schmidt Insurance Group in Lake Oswego covers everything from home to auto, life to business, and RV to motorcycle insurance. The more you cover with us, the more you save! Get in touch with us at (503) 206-0881 to explore your options.
