02/14/2020
We all enjoy a relaxing motorcycle ride with our riding buddies but what happens in an unfortunate event of a collision between you and your friend?
Most of us only think about the fun part and never worry about the "what ifs".
To show how much you really care about your riding buddies starts by learning the basics of motorcycle insurance.
The average cost of medical bills from a motorcycle accident is well above the State minimum liability requirement of $30,000, then take into account that about 40% really goes to the lawyer representing the case, so that leaves you with very little actual money to pay for your friend's medical bills.
One key to remain good friends after an accident is by showing the initiative of buying the right amount of insurance that will cover for the medical bills of those you ride with. Yes this always means a higher premium but it is a piece of mind for you and your friends.
In an event of a serious injury that requires multiple surgeries, the medical bills can easily exceed $60,000. This means that if your insurance limits cannot cover for the full amount of your friend's medical bills, the lawyers will surely go after your assets in order to cover such costs from the hospital.
By having a higher limits on your policy it shows that you care about those you ride with every weekend and in case things happen you "actually" got their back, and not just by saying it but by having enough coverage to cover all of your friend's medical bills.
One thing to remember that the damaged bikes can always be repaired after an accident but the friendship will never be the same if your insurance wasn't enough to cover the medical bills of your friends.
If you don't feel that having proper insurance is important to you, then i seriously advice you to ride alone and do not join any group rides, specially if you are all friends, instead tell them your situation and have them decide if they want you to ride with them.
As always, if you have any questions about your motorcycle insurance, please call us or send us a message and we will be glad to help.