Motorcycle Insurance

Required Motorcycle Insurance in Arkansas

Every vehicle on the road, including motorcycles, needs to have liability insurance in the state. The state is no-fault, which means that all drivers are liable for injuries to themselves and passengers in the event of an accident. Without the right coverage, you can find that you owe thousands of dollars in medical bills. In order to meet the minimum insurance, you need to have $50,000 for bodily injury liability and $25,000 for property damage liability. Keep in mind these are just the minimums, and it can be very easy to exceed this coverage with a serious accident. Even though the state is no fault, this doesn’t mean that an injured party won’t sue you and expose you to more financial hardship. Many owners should carry more than just the minimums.

Optional Coverage to Consider in Arkansas

Besides just carrying more than the minimum amount, there are other ways to protect yourself financially. An agent at Bryan Insurance Agency, Inc. can help you find the right coverage options. It’s possible that if you have a loan on your bike, then you will have to have this additional coverage.

  • Collision Coverage: This coverage will cover your motorcycle in an accident, whether or not the accident is your fault. This type of policy may include uninsured/underinsured coverage, but if it doesn’t, you may also want to add this.
  • Uninsured Motorist Coverage: Even though insurance is required, this doesn’t mean that everyone will have it. This coverage makes sure both you and your motorcycle will be protected against a driver without insurance.
  • Comprehensive Coverage: This protects your bike if it’s damaged by something other than an accident, such as theft, water, vandalism, wind, or fire.
  • Bodily Injury Coverage: This insurance covers certain costs if you kill or injure someone during an at-fault accident. Since it’s a no-fault state, this coverage is important because it includes your passenger.

Contact Bryan Insurance Agency, Inc. to get a quote on motorcycle insurance.