Great -- motorcycles are quite amazing. People especially enjoy the freedom that they offer. But the truth is that motorcycles can be dangerous. As such, insuring your motorcycle should always figure high on your list of priorities. If you live in the Edmonton area, then purchasing an Edmonton motorcycle insurance policy before hitting the road is absolutely crucial. But do you know exactly what type of coverage would benefit you best? Let's first take a look at the different policies out there.
The first (and most common) motorcycle policy is known as liability insurance policy. In the event that you are deemed to be at-fault in an accident or collision, this type of policy covers any damage or injury that you may have caused to property or another person.
The second most common type of motorcycle insurance policy in Edmonton is known as a collision insurance policy. Quite simply, this policy covers collision-related damage that has been done to your motorcycle -- even if the collision was your fault.
Lastly, for additional peace of mind you might consider purchasing a comprehensive insurance policy. The latter covers your motorcycle from non-accident related perils, including vandalism and fires.
While we don't recommend using your motorcycle without being covered under those policies, we understand that not everyone can afford to purchase three policies for their motorcycle. In this case, the best thing to do to purchase a liability insurance policy and consult with your insurance broker to further discuss your motorcycle insurance needs.