Motorcycles offer a thrilling and liberating experience on the open road, but it’s crucial to prioritize safety and protect yourself with adequate insurance coverage. If you’re a motorcycle enthusiast in New Hampshire, understanding the state’s motorcycle insurance requirements is essential.
This blog post aims to provide a comprehensive overview of motorcycle insurance in New Hampshire, highlighting its importance, coverage options, and legal requirements.
Importance of Motorcycle Insurance
Motorcycle insurance is a critical investment for riders in New Hampshire, safeguarding against financial liabilities resulting from accidents, injuries, or property damage. Like auto insurance, motorcycle coverage provides financial protection for the rider and other parties involved in an accident. By having appropriate coverage, riders can have peace of mind and focus on enjoying their rides without worrying about potential financial burdens. Further, motorcycle insurance may also protect against theft, vandalism, and natural disasters, ensuring that your valuable investment remains safeguarded.
Minimum Insurance Requirements
Like auto coverage, New Hampshire is one of the few states in the United States that does not require riders to have motorcycle insurance. However, if you choose not to carry insurance, you are still responsible for covering any damages or medical expenses resulting from an accident. If you opt for insurance, the state has minimum liability coverage requirements: $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $25,000 for property damage per accident. These requirements are in place to protect both the rider and other individuals involved in an accident.
Coverage Options
While New Hampshire doesn’t mandate motorcycle insurance, it is highly recommended to have coverage beyond the minimum requirements. Additional coverage options like comprehensive coverage, collision coverage, medical payments coverage, and uninsured/underinsured motorist coverage are available.
Comprehensive coverage protects against non-collision incidents like theft or vandalism, while collision coverage covers damages to your motorcycle in the event of an accident. Medical payments coverage assists with medical expenses resulting from an accident, and uninsured/underinsured motorist coverage protects you if you’re involved in an accident with someone without sufficient insurance coverage.
Motorcycle Insurance in New Hampshire with Morin Agency
While New Hampshire does not require motorcycle insurance by law, it is strongly advised to have adequate coverage to protect yourself and your motorcycle from unforeseen events. Accidents can happen to even the most cautious riders, and having insurance offers crucial financial protection. For information on the most competitive coverage available, contact the agents at Morin Insurance Agency.
