Motorcycles are known for being easier to steal compared to other vehicles. Their smaller size makes them easier to transport, and their higher resale value makes them attractive targets. According to Statista, over 50,000 motorcycles have been stolen annually for several consecutive years. Ensuring you have the right coverage before your bike goes missing is essential.
Liability Insurance
Liability insurance in Tulsa, OK is the state-required minimum coverage. It typically covers the other party’s property damage and medical bills if you’re at fault in an accident. However, liability insurance does not cover damage to your bike or your personal medical expenses.
Collision Coverage
Motorcycle insurance offers various levels of coverage, similar to those found in car insurance. Collision coverage protects if you’re involved in an accident, including incidents where you hit an object, such as a telephone pole. It can also help cover damage to your bike resulting from an accident.
Comprehensive Coverage
Comprehensive coverage is essential for protecting your motorcycle against theft. This type of coverage also protects events beyond your control, such as natural disasters, vandalism, and theft. Agents at Greater Tulsa Insurance Inc. can help you understand the benefits of comprehensive coverage and how it can safeguard your bike.
Full Coverage Insurance
Many motorcycle owners opt for full coverage insurance, which includes liability, collision, and comprehensive protection. Full coverage ensures your bike is protected against a wide range of risks, including theft, without requiring the selection of individual coverage options.
At Greater Tulsa Insurance Inc., we understand the importance of protecting your motorcycle, including any expensive upgrades you may have. Our agents are dedicated to helping you find the right coverage for your needs. Contact us today to enjoy great protection and peace of mind. We proudly serve the Tulsa, OK area.
