Motorcycles continue to be a very popular purchase right across Australia due to the convenience that they offer. Many of us have been stuck in our cars in a traffic jam trying to get to work, while motorcycle riders are weaving in and out of traffic and getting to the final destination much more quickly. Car drivers have been watching these guys for years, and they have finally had enough and thus decided to get themselves a motorcycle. It is a very smart decision indeed, and as well as getting you to your final destination quicker, it also offers up so many more possibilities that you just couldn’t experience driving around in a car.
When you do make your purchase, there are a number of essential things that you need to have like a helmet, safety clothing and of course, Yamaha motor insurance. It is a government requirement that you have the basic liability insurance for your motorcycle, but there are better policies out there that will cover your motorcycle for a lot more eventualities. The following are the benefits from buying such a policy.
- Full liability cover – No matter how experienced a rider you are, there is still a possibility that you may be involved in some kind of an accident. When the accident does happen, people can get hurt and property can get damaged, and costs can amount to a significant amount of money. If you only take the bare minimum insurance policy, then you could end up paying for everything out of your own pocket. With full liability insurance, everything is taken care of.
- All eventualities – Unfortunately, some people drive without any insurance and if you hit these types of people in an accident, or they hit you, then even though it is their fault, they are unable to pay. When you are the victim of an accident, your comprehensive insurance will cover your injuries and damages to your motorcycle.
- Theft – Having your motorcycle stolen is definitely not your fault, unless of course you leave the keys in the ignition and walk away. In the event that there is a theft, you will also be covered in the price of your motorcycle, and any other equipment that may have been attached to it.
It doesn’t make sense to spend a significant amount of money financing or purchasing a motorcycle and then not putting essential insurance in place to protect yourself.