Having vehicle insurance is a necessary requirement if you wish to drive in the United States. It reflects your maturity as a driver and provides a safety net to everyone in the event of an accident. In the state of Virginia, motorcycle insurance is required by all motorists who own and operate a two or three wheeled vehicles. You must carry this proof with you at all times as well; failure to do so can result in fines and a suspension of your driving privileges.
Virginia motorcycle insurance requirements are determined by the state and are set at the following amounts:
- $25,000 of coverage for bodily injury or death per person
- $20,000 for property damage
Bear in mind that these are the minimum amounts defined by the state. Most insurance companies encourage individuals to sign up for more than this amount, and many people generally take up the offer. This is because you can never be certain how much an accident can end up costing both parties, and having extra coverage can help you avoid paying exorbitant amounts from your own pocket.
Following certain safety procedures can greatly help reduce the cost of your Virginia motorcycle insurance. For instance, if you choose to wear a helmet while operating your vehicle, your insurance company will tend to offer you better coverage. This is relevant since the state of Virginia does not enforce the use of a helmet on its residents.
Sometimes residents register a vehicle and apply for insurance coverage afterwards. In these cases, you can pay an Uninsured Motor Vehicle Fees to the local DMV. The fee is normally $500 and is valid for a year. During this time, if you encounter an accident, this fee will prevent you from getting into trouble with law enforcement for not having insurance, but you will still be responsible for paying for all damages and injury to any persons.
Motorcycle insurance is an extremely good form of protection. It helps you create a safer environment for other motorists, and lets you focus on the enjoyment of the bike ride itself. Sign up today if you haven’t already.