Everything you should know about motorcycle insurance in ny (1)

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Pamphile Insurance Brokerage, LLC
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Everything You Should Know About Motorcycle
Insurance in NY
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• You are eager to take your new motorcycle for a
  ride. The safety gear is in place, but you are
  forgetting the most crucial protective gear
  insurance. Motorcycle insurance in NY is a
  requirement by traffic law. Nearly all states
  require that you get minimum liability coverage
  in order to register your bike.
• Although it costs a lot, motorcycle insurance can
  take care of your hospital bills, damage caused
  by vandalism and theft. It can protect you in
  case you cause damage to property or personal
  injury to another person. If you have a lease or
  loan, the lending institution will have you get
  coverage for the motorcycle itself.
• Here are some of the essential basics of
  motorcycle insurance

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Liability coverage

• Liability coverage is a legal requirement for
  motorcycle owners. It is available in two
  categories including
• Property damage liability This is motorcycle
  insurance NY coverage for any damage you cause to
  another persons property. It will pay for repair
  and replacement of the other partys property
  such as car, telephone pole, billboard, lamp
  post, animal, fence, and more. The property
  damage liability coverage will also cover the
  costs for your defense in case you are sued for
  an accident you caused.

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• Bodily injury liabilityAlso known as personal
  injury claim, this category covers damage caused
  to another person. When you run into someone
  while riding your motorcycle, it will take care
  of all the legal responsibilities to the other
  person. It will pay the medical expenses, pain
  and suffering, and the loss of income for the
  victims. This coverage will also pay for your
  legal fees in case you are sued for causing the
  accident. Whether you are entirely or partly at
  fault for causing bodily injury, you will have to
  shoulder these expenses.

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Point to note

• Liability insurance covers the second party when
  you cause an accident. The policy may offer the
  minimum needed level of coverage by your state.
  You should consider purchasing extra coverage,
  especially if you own more assets that you need
  to protect.

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Comprehensive insurance

• Comprehensive coverage is a less expensive policy
  in motorcycle insurance NYCbut does not apply in
  all situations of motorcycle accidents. The
  insurance company will pay for any damage to the
  bike that is not related to an accident. Such
  damages include fire, theft, flood, animal
  collisions, and vandalism, among others.
• Comprehensive coverage comes with exclusions for
  things such as tools, clothes, and other custom
  items. Helmets are considered as part of the
  coverage, and insurance firms will pay for any
  damage to your helmet.

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Uninsured and underinsured motorist coverage

• Uninsured and underinsured motorist coverage
  benefits the motorist. Other motorist drivers
  whose vehicles are not insured or are partially
  insured can hit you and damage your motorcycle or
  injure you.
• This type of motorcycle insurance NY will
  shoulder the expenses for medical bills, pain,
  and suffering and lost income. It will also
  protect your riders (if you have any) and the
  rest of the people covered by the policy in case
  they are injured while traveling in other
  vehicles or when walking on the road.

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• The uninsured and underinsured motorist coverage
  also takes care of the damage caused by another
  motorist to the motorcycle or its contents
  (property damage coverage). Under this coverage,
  the deductible is limited. It can also be applied
  as an addition to collision coverage.

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Collision coverage

• The collision component of motorcycle insurance
  NYCcovers the repair and replacement of your
  motorcycle if it is damaged during an accident.
  With this coverage, it does not matter who is at
  fault. If you have a loan with a lender on your
  motorcycle, the lender may require that you get
  enough collision coverage that can help you pay
  off the loan if the bike is wrecked.
• Collision coverage does not include accidents
  caused by hitting animals. But if you buy both
  collision and comprehensive coverage, animal
  accidents can be included.

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Personal injury protection or medical payment
coverage

• Personal injury protection pays for funeral and
  burial expenses, medical bills, income
  continuation, and service loss incurred from an
  accident by the motorist, riders and other people
  covered by the policy. This is a
  no-fault motorcycle insurance in NY it does not
  matter who caused the accident
• Firms that offer auto insurance policies also
  provide personal injury protection coverage to
  their clients with benefit limits, including
• Funeral expense benefits
• Medical and hospital benefits
• Income continuation benefits
• Loss of services benefits

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• Motorcycle insurance in NY also offers other
  small coverages that are cheap and mostly
  overlooked. They include
• Towing storage coverage  This coverage pays
  for towing and storage charges of the motorcycle
  after the accident. It also covers fuel delivery
  and minor repairs when the bike runs out of
  fluids, gets stuck or breaks down.
• Accessory coverage  It pays for loss of
  accessories or any damage caused to them. The
  accessories include safety equipment,
  modifications, custom paint, and wheels, among
  others.
• Trailer coverage  Trailer coverage pays for the
  trailer that transports the bike when it has
  broken down.
• Rental coverage  This coverage covers the
  expenses used to rent a replacement motorcycle
  after an accident.
• Trip interruption coverage  Trip coverage pays
  for expenses incurred when the motorcycle breaks
  down far from home. They include food, lodging,
  and transport.

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Important note

• While purchasing your motorcycle insurance NY,
  also remember to insure your body. Whether you
  have health insurance, you may want a policy like
  disability insurance that will compensate for the
  time you spent away from work while you nurse
  your arms and feet.

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Conclusion

• Plenty of insurance policies are available to
  cover a motorcycle and its accessories on an
  agreed value. However, there is no full coverage
  policy in motorcycle insurance in NY there will
  always be limits.
• Some coverages depend on how much you will lose
  if you dont purchase them. But if your
  motorcycle, your paycheck, your house, and your
  driving license are that important, you should
  protect them against any losses.
• A lot of insurance firms and agents understand
  the right policies that can benefit you and the
  bike. Do your homework to understand yours and
  your motorcycles needs.
• The important thing is that you protect yourself
  with the best motorcycle insurance NY to avoid
  the worries of what may happen if your day does
  not go well.

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Contact Us -

• Address - 70 East Sunrise Highway Suite 500
  Valley Stream, New York 11581
• Email - wpamph_at_gmail.com
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  uld-know-about-motorcycle-insurance-in-ny/