When you’re after motorcycle insurance in Taylor, we will help. With the current economic conditions, everyone is hoping to find great deals. Owning a motorcycle should not be a luxury, but high dollar premiums have the potential to make it seem like that. Fear not. We make it easy to check quotes from the premier Taylor motorcycle insurance companies like GEICO, Progressive, and Nationwide…on the web.
Motorcycle Insurance: Michigan Laws
In Taylor, MI, motorcycle liability insurance is required. Liability insurance offers protection against claims alleging that a property owner’s negligence or inappropriate action resulted in bodily injury or property damage to another party. Your liability coverage must meet or surpass certain minimum limits for personal injuries to others and damages to 3rd party property.
- For Injury to a Single Party: $20,000
- For Injury to Two or More Parties: $40,000
- For Damages to Personal Property: $10,000
On one hand, just holding $20,000/$40,000/$10,000 in MI motorcycle insurance is the most affordable option. However, less coverage will translate to higher risks that your insurance payout won’t cover your total healthcare costs if you injure or are injured by another motorist. Keep in mind that the cost of medical care and personal property often increasesmore quickly than state liability limits are changed.