Tuesday, February 14, 2012

Motorcycle Insurance


Looking at the everyday increasing on-road insecurity, motorcycle insurance is a must for every such person who drives a motorcycle. Mainly, there are three types of motorcycle insurance policies available in the market. These are

Classic and vintage vehicle insurances – Under these, all such motorcycles which have been in use for more than fifteen years and are still functioning properly, are insured. These insurance policies are best for motorcycles which are used as recreational vehicles or hobby vehicles.
Third party motorcycle insurance – This type of insurance covers the damage caused by you to someone else’s vehicle. This does not include the coverage of the damage caused to your own motorcycle.
Comprehensive motorcycle insurance – This is the most common type of insurance in the arena of motorcycles. Under this, you can get your motorcycle insured comprehensively. This includes the coverage of the damage caused to your vehicle as well as the damage caused to someone else’s property by your vehicle.

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