Motorcycle Views

As I'm in the insurance industry, I can probably help define some common insurance terms:

• Comprehensive: Pays for your motorcycle, less your chosen deductible, for anything other than collision or upset. Will not pay for mechanical breakdown or wear and tear.
  
  
• Collision: Will pay for your motorcycle for collision and upset, less your chosen deductible.
  
  
• Liability: Pays for damage you cause to property of others up to the limits you have selected. Here is something to beware of, if you have the minimum requirements which could be as low as $5,000 and hit a Mercedes and cause $10,000 worth of damage, the insurance company will offer the $5,000 limit, leaving you with the additional $5,000 owed to repair the Mercedes.
  
  
• BI or Bodily Injury: This is to pay injuries you cause to another person. Carry high limits. I carry 300,000/500,000. If you carry a $10,000 policy and seriously injure someone, they can lien your home and garnish your wages.
  
  
• BIUM: Bodily injury uninsured/underinsured motorist coverage. This will cover you if the person that hits you has low limits. If they have a 10,000 policy and your injuries are 50,000, it will kick in. Also you can obtain pain and suffering from your own policy.
  
  
• Med Pay: It is just as it states, medical payment for anyone riding on your bike, but that it usually has low limits. Can be paid regardless of who is at fault. Kind of like throwing your passenger as little money to pay if they are scratched up or burn their leg on your pipes.
  
  
• Guest Passenger Liability: This is BI coverage for your passenger.