Motorcyclists in Virginia need to ensure they comply with state laws regarding insurance. To do so, they must purchase a policy that meets the state minimum requirements or pay an annual uninsured motorist fee. If a rider chooses to pay the uninsured motorist fee, they receive no financial protection and are left responsible for coving at-fault accident expenses out of pocket. If riders purchase insurance to comply with state law, they receive essential coverage.
State laws set minimum amounts of bodily injury liability and property damage liability required in a motorcycle insurance policy.
Bodily injury liability coverage can help cover costs, such as medical bills and lost wages, arising from third-party bodily injuries you cause while riding.
Property damage liability coverage can help pay for third-party property damage you cause while driving your motorcycle.
Policies must also generally offer uninsured/underinsured motorist coverage, but that coverage may be waived. Uninsured/underinsured motorist coverage can help pay for medical care for you and your passengers if you’re in a hit-in-run incident or an accident with an uninsured or underinsured driver.
Work with your agent to ensure you meet the applicable laws and carry the insurance you need. Accidents may exceed minimum coverage amounts, so securing a policy that provides sufficient financial protection is important.