Motorcycle Insurance Requirements in Missouri
So spring is around the corner and you’re shopping for a motorcycle. While owning a motorcycle gives you the freedom on the road, it also comes with risks and liabilities. Chesterfield MO Motorcycle Insurance must include the state’s minimum coverage. Responsibility goes hand in hand with owning a motorcycle. In Missouri, you must show the state that you are financially responsible before they will issue you a registration and let you out on your motorcycle.
Also, when you register the motorcycle, the Missouri DOR will have you sign an affidavit swearing that you will maintain insurance while the motorcycle is registered.
Chesterfield MO Motorcycle Insurance Liability
As you are getting a motorcycle insurance quote, be certain that you’re not getting just the state minimum coverage requirements. Not having enough motorcycle insurance can be detrimental to your financial well-being. This is especially true if you own assets that can be vulnerable in a lawsuit after an accident. If this is the case, we recommend you to consider purchasing higher limits.
When you purchase your motorcycle insurance, you may notice that your policy includes 2 different numbers associated with bodily injury. For example, you’ll likely see it written something like $15,000/$30,000.
This is because liability car insurance always includes 2 different bodily injury limits:
- Limit per person – The maximum amount your insurance will pay out for bodily injury to a single person in an accident.
- Limit per accident – The total maximum amount your insurance will pay out for bodily injury if multiple people are hurt in a car accident.
Your motorcycle insurance policy must include the following minimum coverage limits per accident:
- $25,000/person for bodily injury. Bodily injury provides coverage in case you cause an accident in which another person (or people) is hurt. It covers the damages that you’re legally responsible for, and provides a legal defense if someone sues you for damages.
- $50,000/accident for bodily injury. This covereage pays if you cause an accident that injures other people. Your Bodily Injury Liability insurance will pay the amount you are legally obligated to pay for those injuries and related costs, which can include: medical bills, funeral expenses, lost wages, etc.
- $10,000/accident for property damage. This coverage pays if you cause an accident that damages or destroys property. Your property damage insurance will pay the amount you are legally obligated to pay for those damages and related costs, which can include: fences, brick walls, garages, etc.
*According to Missouri law, motorcycle riders of all ages are legally required to wear protective safety helmets while riding on the state’s roads. This does not affect insurance premiums.
Proof of Insurance and Financial Responsibility
Now that you purchased motorcycle insurance, you must make sure to always have proof of a current policy with you. Most drivers – or riders in this case – carry an insurance card or copy. Your motorcycle insurance company will send you a new one before the old one expires. This is what most people use.
If you haven’t received an insurance card yet, the receipt with all your information on it will suffice, temporarily. Please feel free to call your Alternatives Insurance® of Chesterfield agent to get a copy. You may also carry a Self-Insured card from the Driver and Vehicle Services Bureau.
Why Choose Alternatives Insurance® of Chesterfield?
Our agents do not act as sales people. We actually sit down with our clients and give a comprehensive account review to make sure they have the best protection. We ensure our clients are protected in all aspects of their life – home, family, auto, special vehicles, motorcyles and more! We explain the coverage options, benefits, and potential risks based off their needs versus their current insurance coverages and we walk our client’s through every step of the decision process to make their experience as educational and informative as possible.
Contact us for your free, no obligation risk evaluation.