New Mexico Motorcycle Insurance Policies
Do you love your motorcycle? Protect it with a quality motorcycle insurance policy from ORION Insurance & Financial Services LLC.
Our policies include:
Bodily injury liability coverage
This policy covers and reimburses you for any lost wages as well as medical expenses that may arise from an accident that leads to death or injury of other cyclists when you are at fault. This is required by law to a certain minimum to be allowed to drive on state roads legally.
Property damage liability
This policy covers costs arising from damage to other parties’ property when you are responsible for causing the accident. It can pay for repairs or replacement of third-party's vehicle should an accident occur.
Medical Payments Coverage
It covers any reasonable and necessary medical expenses such as ambulance rides and x-rays that result from any injury to you or your passenger. This is important to have but is not mandatory. It works separately from a health insurance policy.
This policy covers expenses that arise from damages to your motorcycle because of a collision with another object or structure such as a car, bike, a tree or a building. This will pay for the damages to your vehicle if you are at fault in the accident. It can ultimately replace your whole motorcycle should it be totaled.
This coverage policy covers damages to your motorcycle that are not caused by a collision with another vehicle. It covers damages from things such as animals, wind, vandalism, and theft. It pays for repairs and replacement up to the actual cash value of your motorbike.
Uninsured/underinsured motorist bodily injury
In case you get into an accident that an uninsured or underinsured driver is liable for, this coverage policy pays for the expenses incurred due to the treatment of your injuries as well as those of your passengers'. It will cover you where a lack of insurance on the at faults side does not.
Towing and labor
This coverage policy reimburses you for any towing costs and any other related work if your motorbike breaks down or you get involved in an accident
It covers the costs of paying for a rental vehicle in case your bike is stolen or is being repaired. It can also include gas in some situations.
Motorcycle and off-road vehicle transport trailer damage
It covers costs of damage and loss of your bike and trailer arising from a rollover, collision, vandalism as well as natural causes such as earthquakes and floods.
Call or visit us today at ORION Insurance & Financial Services LLC to learn more about motorcycle insurance coverage policies from our New Mexico agents and ensure that you, your passengers, and motorbike are protected at all times.