Motorcycle Insurance in Illinois
Whether you like owning a motorcycle to help save on the cost of your commute or you enjoy going for a ride on weekends, it is vital to have adequate insurance coverage. This is where our knowledgeable and friendly team at Green Family Insurance Inc. in Springfield, IL can help you out. Here’s what you need to know.
Illinois Minimum Insurance Coverage for Motorcycles
Having enough motorcycle insurance coverage is more than just a good idea—it is the law. The state minimum liability insurance limits for Illinois motorcycle owners are:
- $25,000 bodily injury coverage per person
- $50,000 bodily injury coverage per accident
- $20,000 property damage per accident
However, these coverage amounts are pretty low if you stop to think about it. In a world where hospital bills and repairs to someone else’s car can easily reach into the thousands, it is crucial to evaluate your level of risk and determine whether a higher amount would be more appropriate. Thankfully, we are here to help you make that decision.
Purchasing Comprehensive and Collision Insurance in Illinois
While the state does mandate that you carry liability insurance coverage for your motorcycle, there is no law that you have to carry first-party coverage, such as comprehensive and collision. However, if you’re still making payments on your bike or you want to minimize the amount you would have to pay out-of-pocket if you’re involved in an accident, you might consider adding these options to your policy.
Other Optional Coverages for Your Motorcycle Insurance Policy
Do you have extra equipment on your bike, such as saddlebags or customizations that you want to insure? Are you concerned about healthcare costs if you’re involved in an accident and want to add medical payments coverage? These are just the start of the options motorcycle owners in Illinois have when it comes to policy choices.
Ready to discuss your Illinois motorcycle insurance coverage? Please contact our team at Green Family Insurance Inc. in Springfield, IL to schedule your no-obligation review appointment.