Understanding Different Types of Insurance Coverage
The legalese that is used liberally throughout the text of your motorcycle insurance policy, or one that you are considering, is enough to make anyone’s head spin. Crafted by attorneys hired to protect your insurer’s backside, what is supposed to be a document that grants you protections in the event of an accident can instead turn into a barrier between you and the benefits that you are due.
One aspect of motorcycle insurance policies that can be a source of confusion is the different types of insurance coverage that are included, and it takes an experienced eye to figure out what applies to which damages.
If you have been in a motorcycle accident and are encountering resistance from an insurance company, a skilled attorney can help to turn the tables in your favor. Contact Iowa motorcycle accident lawyer Pete Leehey at 877-209-9452 to obtain the dedicated legal counsel that you deserve.
Three Types of Coverage
Even though we tend to think of insurance policies as all-encompassing coverage, they are typically divided into a variety of different categories of coverage that apply to specific types of damage. This is why many policyholders find themselves in the unenviable position of having to pay for certain expenses out-of-pocket, even though they were not responsible for the crash. Three commonly held types of coverage are:
- Liability coverage – if you are found at fault, liability coverage will pay for a policy-specified amount of bodily injury and property damage
- Collision coverage – this coverage will pay for damage inflicted upon your own car or motorcycle if you crash into a fixture or other object, so this is really designed to insure against your own driving mistakes
- Comprehensive coverage – for damage done by vandals, hail, or other non-crash related incidents
Contact Us
Iowa motorcycle insurance claims lawyer Pete Leehey is an avid motorcyclist and committed defender of motorcyclists’ rights. Contact Pete at 877-209-9452 for any of your motorcycle insurance questions.