Progressive Motorcycle Insurance In Arkansas

Progressive Motorcycle Insurance In Arkansas

Introduction:  According to Arkansas Department of motorcycles laws,  any motor vehicle on the roads must have insurance liability coverage and this law holds good for motorcycles too. This liability insurance coverage is required to help pay for injuries and for property damages caused by an accident. You may note that Arkansas is a “no fault” State and hence all drivers are made liable for the injuries to themselves and their passengers in the event of an accident. Let us see about the motorcycle insurance laws and insurance facilities available in Arkansas in the following paragraphs.

Progressive Motorcycle Insurance In Arkansas

Minimum Requirements

According to the State law regarding motorcycle insurance in Arkansas, the motorcycle riders on the roads of Arkansas are required to carry a minimum liability insurance coverage as prescribed below.

  • $25,000 for death or bodily injury for one person
  • $50,000 for death or bodily injury to two or more persons and
  • $25,000 for property damage liability.
Progressive Motorcycle Insurance In Arkansas
Progressive Motorcycle Insurance In Arkansas

The above are the minimum liability coverages and this would not be sufficient and this can be verified with someone, who had stayed in a hospital for a treatment. Moreover, even though Arkansas is a “no fault” State, this does not mean the affected parties in an accident cannot sue you for further claims for the losses incurred by them. Will these suits put you in more financial distress ? Yes is the answer. Therefore, it is advisable that motorcycle riders should carry insurance coverage that is far above the minimum liability insurance coverage so as to save them from further financial loss.

Optional Coverages

If you are satisfied with the minimum motorcycle insurance liability coverage, it is totally wrong. This minimum liability insurance will not provide you the enough financial protection. In fact, the liability insurance covers the expenses on injuries and property damages only to others, who are affected by you in an accident. This will not meet the expenses on the injuries sustained by you in the same accident or any other accident. Motorcycle insurance companies in Arkansas offer many optional coverages to relieve you from more than expected expenses that may arise due to accidents.

Therefore, it is better to consider buying the following optional coverages after referring to the motorcycle insurance quote offered by almost all leading companies through their websites. The suggested optional coverages are as follows.

Comprehensive Insurance Coverage: This will cover the expenses on damages done to your motorcycle by natural disasters or vandalism.

Collision Coverage: This will meet the expenses on the repair charges to your motorcycle caused by an accident.

Medical Payments Coverage: This will cover your medical expenses if you are injured in an accident.

These are only a few options and there are some more optional coverages and this depends upon the insurance company that offer insurance coverage to motorcycles.

Importance of Motorcycle Insurance

Suppose a car collides with a motorcycle it is needless to say that the first affected person would be the motorcycle rider. The motorcycle drivers may even die or get seriously injured in such accidents. Many of the motorcycle drivers ride them for a fun or for a thrill and therefore, there is a great risk of them involving in accidents. Many bikes are extremely fast and no one can easily judge its movements. When compared to cars, motorcycles are smaller and and easy to miss by inattentive drivers. That is why motorcycle insurance policy is considered as very important and the Government is right in making the insurance compulsory.

In Arkansas, a  statistical study says that on an average 70 motorcyclist die in accidents in a year and this is surely alarming. On an average about 1400 accidents occur in Arkansas in which the riders get serious injuries or small injuries or face death. Riding a motorcycle without a helmet is also one among the main reasons for such accidents. Even though there is a law that motorcycle riders who are below 21 years of age have to compulsorily wear helmets, it is advisable that all riders wear helmets at least to avoid head injuries.

Motorcycle Insurance Companies in Arkansas

Motorcycle insurance policies are almost similar to one another and the premium rates may vary according to the coverages required and the riders of the different type of motorcycles. You must also note that no two riders are alike and there are different varieties of motorcycles and hence there may be variations in premium rates of motorcycle insurance policies. There are many motorcycle insurance companies in Arkansas serving the people of Arkansas. To mention a few of them, they are USAA, Erie Insurance, Amica, American Family, Geico, State Farm, Allstate, Farmers Insurance, Nationwide, Liberty Mutual and Progressive. The above insurance companies serve the people of Arkansas in a better manner and offer affordable premium rates and satisfactory services to the customers.

If one wants to compare the quotes of different insurance companies then he or she can get the motorcycle insurance online by visiting the websites of the respective companies. As seen already, most companies offer motorcycle insurance policies that are similar to auto insurance policy. In addition to buying the minimum liability motorcycle insurance policy, you can get additional coverages that include medical payments, comprehensive and collision coverages.

Discounts

You can qualify for discounts which can reduce your policy premiums provided you buy multiple policy from a single provider, pass the safety driving courses, renew the insurance regularly and buy insurance for multiple vehicles. You can check to which type of discounts you are eligible. You should not fail to avail these discounts which will help you in lowering your insurance premiums.

How To do Shopping?

You can consult the independent  agents, who represent many reputed insurance companies regarding the purchase of motorcycle insurance policy. They will be able to provide you the quotes of several companies along with the coverages. You can compare the quotations and choose the best one that is suitable to you in all respects. Otherwise, you can do shopping through online from where, you can get the required information for buying a motorcycle insurance policy.

Conclusion: Similar to auto insurance, motorcycle insurance is also important and no one should fail to buy motorcycle insurance. Keeping in mind about  the safety of the motorcycle riders and to save them from any possible financial distress in case they meet with some nasty accidents, this type of insurance is also made mandatory. Ride your motorcycle with proper insurance and enjoy your ride as well as your life.

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The Untapped Gold Mine Of Personal Injury Protection Insurance That Virtually No One Knows About

The Untapped Gold Mine Of Personal Injury Protection Insurance That Virtually No One Knows About

Introduction: Personal Injury Protection or called as PIP in short form, is a law under motor insurance in a few States of US and one among them is Florida. According to this law, all owners of motor vehicles with four or more wheels must buy this auto insurance in order to carry a minimum of $10,000 liability.

If someone dashes against your car and injures you, it is a normal thought that the person, responsible for the accident or his or her insurer should meet the medical expenses, but, this is not true under PIP. let us discuss about PIP in the following few lines.

Cheap Auto Insurance Companies In Florida

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Important Auto 

Personal Injury Protection (PIP) Definition

PIP insurance in Florida is an insurance coverage and this will cover your medical expenses or any lost wages for a temporary period during which you are incapacitated to work. The significant point is that the person responsible for the accident is not taken into account under PIP coverage.

Personal injury protection Florida is meant to provide medical expenses for the injuries, you sustained and your insurer will take care of your hospital expenses. PIP is mainly introduced to enable immediate medical treatment to the injured without taking time to establish who is responsible for the accident through court proceedings.

PIP is also called as no fault insurance Florida coverage and it pays for treatment to injuries sustained by a person in a car accident irrespective of who is responsible for the accident. If you have PIP insurance in Florida and injured in an accident, you can receive maximum health benefits whether you are at fault or not. PIP insurance is mandatory in a few States and one among them is Florida. In some States, it is optional. The coverage of PIP also varies from State to State, wherever it is in force.

Personal Injury Protection Insurance
Personal Injury Protection Insurance

What is the Limit of Coverage?

PIP insurance will pay 80% of your medical bills for injury treatment and 60% on the loss of wages up to a limit of $10,000. If the expenses go beyond the limit of $10,000 then you have to recover the balance from the person who caused the accident. Moreover, PIP covers the injury treatment expenses,  if you are injured while driving a car or while going on a bicycle or walking as a pedestrian. In general PIP covers medical benefits, lost wages and death benefits.

If the policyholder were killed in the accident, PIP will cover his or her funeral and burial expenses in addition to the coverages mentioned in the previous paragraph.

The insured and all the resident relatives are covered under Florida PIP coverage. Resident relatives are not required to be listed as drivers on the policy for coverage to apply. All cars owned by you and that are listed in your auto insurance policy are covered under PIP portion of your policy.

PIP was enforced with a hope of limiting the lawsuits to be filed against at fault drivers. But a section of consumers felt that their right to file lawsuits and seek the eligible remedies were subverted by the laws. Hence, PIP law was revised to enable the drivers to file lawsuits against the drivers responsible for accidents in some specific circumstances.

Most of the no fault States like Florida allows the drivers to sue the drivers at fault when the injuries are severe in nature, results in disfigurement, permanent disability and deaths.

At the same time if the medical treatments to treat the injury exceeds $10,000 say it is $20,000,  then you will be allowed to sue the drivers at fault for reimbursing the remaining $10,000. You can also sue them for any emotional pain and sufferings if you think that they are caused by the accident made by the other drivers.

PIP will cover most of the medical costs with the exception of some popular treatments such as acupuncture. PIP covers the following coverages as given below.

  • Medical services and medication
  • Surgical services and hospital expenses
  • Rehabilitation costs
  • Diagnostic services
  • Ambulatory services.

Cost of PIP in Florida

The minimum and maximum amount of coverage under Florida PIP is $10,000. To reduce the premium, there are some options. If you increase your deductible up to a maximum of $1,000, you can reduce your premium rate. You can also opt to exclude work loss clause and exclude the coverage of other residents in order to reduce the premium rate.

Accidents Involving Motorcyclists

When a car hits a motorcyclist, it is a different situation. This is because, a motorcyclist need not carry a PIP coverage as required by the drivers driving cars and other vehicles. In this case, the driver of the car can get an attorney to provide a letter of protection.

According to this letter, the motorcyclist is assured of medical or healthcare providers and he or she will be paid these costs according to the settlement or the verdict of law. An attorney alone will be able to settle for a correct solution in these cases,  involving motorcyclists.

This is because the motorcyclists will be the most sufferers in these dashes with cars and hence, the services of an attorney, dealing with accidents,  are essential in settling issues.

It is important to have adequate insurance coverage in order to protect yourself in case you are involved in an accident. To avoid unnecessary expenses from your own pocket, you must have a $10,000 worth of property coverage and $10,000 worth of personal injury protection. These insurance coverages are required in addition to the minimum liability coverage as required by State Florida laws.

Conclusion: Auto insurance laws are enacted exclusively for the benefits of the drivers driving their cars on the roads of Florida. Making an accident is a nasty one, but their repercussions are more severe. You may have to face the lawsuits, meet the medical expenses for the injured and more. This will happen even if you do not possess an auto insurance. But, if you insure, you will not be in a position to spend from your own pocket as the expenses will be met out by the insurers and you need not carry the burden anymore.

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