➤ Contigo has “Accessory Coverage” that is designed to insure the enhancements and extra devices that have been added to the motorcycle.

➤ Guest passenger liability can cover the bodily injury suffered by guests riding on the back of the motorcycle.

Motorcycle insurance covers liability insurance similar to an auto insurance policy, except that it insures any damage done to others while riding the motorcycle. Most importantly, you can also add medical payments coverage, guest passenger medical, comprehensive, collision, and even roadside assistance to fully cover your bike. Contigo will even give you a discount if you are a member of a rider’s group.

WHAT’S COVERED

Liability Insurance

If you are at fault in an automobile accident, your liability coverage, up to the limits you wish to purchase, will pay for the medical expenses and additional damages for which you are liable for. It pays for the third party expenses from the accident, including their bodily injury and their property damage.

Comprehensive

Provides coverage for your vehicle from the result of covered perils not related to a collision like fire, theft, hail, vandalism, falling objects and hitting an animal.

Collision

Provides coverage for your vehicle resulting from an accident from colliding with another vehicle or a stationary object.

Medical Payments

Coverage that pays for reasonable medical expenses or death benefits to anyone associated with an accident. It pays for medical expenses to you and your passengers, regardless of who is at fault in the accident. It can also help cover medical expenses from an injury as a pedestrian.

Uninsured Motorist

An addition to the standard automobile policy, which provides you coverage for your damages and your injuries, plus your passengers injuries, if the party that caused the accident is uninsured.

Underinsured Motorist

This coverage is pay of uninsured motorists and provides coverage in the event that the other driver is responsible for the accident and has auto insurance, but the damages caused exceeds the amount of auto insurance they are carrying.

GLOSSARY OF TERMS

Deductible – The amount of money the insured pays out to the insurance company before their vehicle gets repaired. Common deductible amounts are $250, $500 or $1,000.

Rental Reimbursement – A set amount of money per day to help assist with renting a car when the insured’s car is not movable due to a covered loss.

Roadside Assistance – A service for the insured to provide them assistance when their vehicle has run out of gas, lost their keys, needs a jump start or essential fluids, flat tire, etc.

Towing – Pays for towing charges used to tow the insured’s car to the nearest facility for repair.

Endorsement – The process of making a change to an active policy that increases or decreases the premium. Common endorsements include adding a second vehicle or a second driver.

Declarations Page – The front page of a policy jacket that includes the name of the insured (s), the premium, the amount of coverage and the name, description and location of the item being covered.

Insurance Contract – The policy paperwork between the insured (customer) and the insurer (insurance company) that explains the details of the contract.

Cancellation – The termination of an insurance policy before the policy has expired.

Lienholder – The organization or bank that has a financial interest in the property you are insuring, which is typically a finance or leasing company.

Reinstatement – The process of putting the insurance policy back in force after a lapse. If the insured fails to pay the premium on time, the policy will be canceled, but can usually be reinstated if it is done within a predefined number of days from the cancellation.

Renewal – The process of continuing your insurance policy after it’s set to expire. When a policy contract is set to expire after six months or one year, the customer needs to renew their policy to keep it in force.

Actual Cash Value (ACV) – The value of property, less any depreciation or pre existing damage.

Installment Fee – A monthly installment fee charged by the insurance company for breaking up the premium into monthly installments.

Vehicle Identification Number (VIN) – A unique code given to each vehicle made up of numbers and letters to help an insurance company get specific details and characteristics of the vehicle.

Effective Date – The date on which an insurance policy starts or goes into effect.

Premium – The price of the insurance policy that the insured pays in exchange for the insurance coverage.

Claim – The request by the policyholder (aka the insured) to have an item fixed or repaired by the insurance policy.

Exclusion – Specific hazards or perils that are not covered on the insurance policy. There are common exclusions like intentional acts that are excluded. You can also exclude a driver so that they are not covered on the auto policy.

Grace Period – The period of time after the due date of a payment during which the policy will remain in force without any penalty. After the grace period runs out, the policy will cancel if no payment is made.

Expiration Date – The ending date of an insurance policy. After the insurance policy expires, the insured would have to restart or renew a policy.

Policy Fee – A fee the insurance company charges to issue the policy, which is non-refundable and fully earned.

Concealment – Failure to disclose the facts which could void an insurance policy

Policy Period – The time frame of a policy that is in force, during the effective and expiration dates.

Underwriting – The process that each policy will go through so that the insurance company can decide to insure the risk or not. Underwriting determines who is insured and how much in insurance premiums to charge the insured.

Insured – The customer or client that is covered by the policy.

Insurer – The insurance company that is covering the customer, or insured.

Customization – Additional equipment that has been added to a vehicle after it has been purchased from the manufacturer, altering or changing the original vehicle model. Coverage can be purchased to insure these additions added by the insured, such as special rims or stereo equipment that has been upgraded.

Cheap Motorcycle Insurance

Don’t have motorcycle insurance yet? Thousands of riders choose to ignore getting insurance every year. We want you to be safe out there, but we also want you to be able to get your life back together if the unfortunate occurs and all of your training, experience, and gear isn’t enough.

At Contigo, we provide low-cost Motorcycle Insurance, so you can spend more time riding and less time worrying about your insurance coverage. All the other insurance companies will tell you that they can save you money on your motorcycle insurance without sacrificing the quality of your coverage. But At Contigo we wouldn’t just tell you, we will show you how you can save money. Get a free motorcycle insurance quote now and see how much money you can save.

Already have insurance? See if we can help you save money so you can spend more on a new helmet, jacket, exhaust, a race day down at the track, or maybe even a new bike.

Ride safely.