With no structural protection, a very low visibility profile, and travel patterns that may seem slightly erratic to the vast majority of motorists, bikers on the roadways can be at an extremely high risk of accident. Possessing up to date and sufficient motorcycle insurance is not only a legal requirement in most places, it can be the only thing standing between an accident victim and utter bankruptcy.
The truth of the matter is that you can be injured horribly at extremely low speeds. Just as it is possible to drown in a bowl of cereal, break your neck falling off a chair, or knock out a tooth simply by biting into an apple, wrecks which occur at comparatively low speeds can be highly injurious or even fatal.
Obviously, liability and theft coverage are not going to magically protect bones in a collision. That little bit of paper is not going to provide one bit of actual, real world protection. With the remarkably high cost of any sort of hospital treatment, however, that bit of paper may very well save its owner thousands upon thousands of dollars in medical expenses.
And what about theft? Bikes are relatively small things and they are pretty easy to load into the back of a van or truck. It would take a few strong people to do it, but lifting a three to six hundred pound machine is quite possible for people who are sufficiently motivated. While it is true that the price of a new bike is usually considerably less than that of a car, even a few thousand dollars is way too much to have to pay just to replace something that someone decided to steal from you.
Coverage for bikes may not be as expensive as similar automobile policies. It is always a good idea to shop around, compare rates, and see who offers the best combination of price and coverage. Many companies will offer significant discounts and package deals for people who have already got a policy with them. Asking their current provider for information about adding a new vehicle, specifically a bike, to the contract is something many people decide is right for them.
Liability is not as big a deal for two wheelers as it is for their lumbering, four wheeled cousins. For one thing, a rider who knows what they are doing is able to anticipate situations before they occur. Reaction and compensation will always factor into any emergency maneuvers, to be sure, but not getting into those sorts of spots in the first place is a far more reliable and ultimately safer habit.
As is the case with nearly all other form of coverage, the amount of time an applicant has been engaged in the activity to be insured without any reported incidents, the more confident the guarantor will be that the backing is a safe investment. Highly experienced riders who have submitted no claims of any sort in a substantial period of time are likely to enjoy lower rates than their freshly-mounted brethren.
Will motorcycle insurance save a rider's life? No. And it won't repair their helmet, either. But it will help them pay for a new ride if theirs is lost, stolen, or damaged. Not to mention the fact that it will be one of the first things a police officer asks to see if he or she decides to perform a traffic stop.