Category: Motorcycle Insurance

Richmond, VA, are you equipped with the proper knowledge about motorcycle insurance?

At Cary-Wheeler & Associates Inc., we like to debunk common myths about motorcycle insurance and help riders make informed decisions about protecting their passions on the road.

1. Myth: Motorcycle Insurance is Expensive: While motorcycle insurance premiums can vary based on factors like the type of bike, rider’s age, and driving record, many riders assume that coverage is prohibitively expensive. However, with the right coverage options and discounts, motorcycle insurance can be affordable and provide invaluable protection in the event of accidents or theft.

2. Myth: Auto Insurance Covers My Motorcycle: Some riders mistakenly believe that their auto insurance policy automatically extends coverage to their motorcycle. However, motorcycles require specialized insurance coverage tailored to their unique risks and usage patterns. Investing in dedicated motorcycle insurance ensures that you’re adequately protected on every ride.

3. Myth: Basic Coverage is Sufficient: While meeting the minimum insurance requirements may seem sufficient, it may not provide comprehensive protection for your motorcycle. Basic coverage may not adequately cover damages to your bike or medical expenses in the event of an accident. Exploring additional coverage options like comprehensive and collision insurance can provide greater peace of mind on the road.

At Cary-Wheeler & Associates Inc., we understand the importance of tailored insurance solutions for Richmond, VA riders. Our experienced agents are dedicated to debunking myths and helping riders find the right coverage for their unique needs. Ready to explore your motorcycle insurance options and debunk the myths? Contact Cary-Wheeler & Associates Inc. today for personalized guidance and a comprehensive insurance solution designed to protect you and your bike on the open road. Don’t let misconceptions stand in the way of securing the coverage you deserve.

Richmond, VA area residents turn to the team at Cary-Wheeler & Associates Inc. for all of their insurance needs. If you’re wondering if your current motorcycle policy meets your requirements, or if you’re thinking about getting a bike, rely on us for your all your motorcycle insurance needs. 

Benefits of a Comprehensive Bike Policy

There are many basic motorcycle policies available, but you might be wondering if they provide enough protection. When you’ve been riding for a while and know how often you plan on getting out on the road, you might consider upgrading to a comprehensive policy. There are a number of different benefits that come with comprehensive motorcycle policies.

The most important one is an increased coverage level of liability insurance. This increase helps to protect you from financial distress due to damages that are awarded to a passenger or other injured party following an accident. You’ll also enjoy having protection in the event of the theft or vandalism of your bike. 

Comprehensive policies are always a good idea for anyone who has financed their bike with a loan. This will help to reduce the risk of having to pay off a loan for a bike that’s been totaled. Now’s an ideal time to sit down with your local insurance agent to thoroughly review your needs. This will allow you to make an informed decision when it comes to selecting your bike policy.

Choosing a comprehensive bike policy is an effective way to protect your motorcycle and your future.

Call or stop by our office today!

Cary-Wheeler & Associates Inc. is here to serve the insurance needs of residents in Richmond, VA and the surrounding area. Contact us with all of your insurance questions and issues, we’re here to help!

Motorcycle insurance is an essential part of owning a bike. In Virginia, riders must have liability insurance at the very least. But do you need to purchase full-year motorcycle insurance? Let’s break it down and find out how Cary-Wheeler & Associates Inc. can help.

What Is Full-Year Motorcycle Insurance? 

When you purchase insurance, it’s for 12-month coverage. When you live in an area that has poor weather for a few months, it can be frustrating. If you can’t ride all year, you may wonder if it’s worth purchasing full-year motorcycle coverage.

The answer is complex. In Richmond, VA, you can pay DMV not to have insurance. However, if you have a bike loan, the lender most likely requires you to carry insurance for the entire term. You may qualify for lay-up insurance, a reduced rate when you don’t ride. But what about the two or three months you’re off the road?

Why Should I Consider a Year-Round Motorcycle Policy?

When you purchase full-year motorcycle coverage, it offers more protection than just the minimum liability. Most insurers offer optional coverage such as collision, comprehensive, and even roadside assistance. This coverage can be invaluable if you plan on taking long trips or riding in inclement weather. You also can add riders to your policy, which is beneficial if you share your bike with family and friends.

Give Us A Call

Reach out and start building your custom motorcycle insurance policy today! If you’re a motorcyclist in Richmond, VA, looking for reliable coverage all year round, contact Cary-Wheeler & Associates Inc. today! Our team of experienced professionals will help you find the perfect policy for your budget and lifestyle needs so you can ride with peace of mind.

Motorcycle insurance is similar to auto insurance in that you are required to carry liability insurance in most states. However, the similarities don’t stop there. You can also purchase full coverage insurance on your motorcycle as well.

We at Cary-Wheeler & Associates Inc. in Richmond, VA know that not all motorcycle owners understand the benefits of different insurance policies. However, we’re committed to making sure that we answer questions that help our customers get the coverage they need. 

Motorcycle Insurance for Non-moving Accidents?

Of course, liability coverage will not pay for the repair of your motorcycle. Liability insurance covers situations where you’re at fault. However, like auto insurance, you can purchase comprehensive insurance to pay for the repair of your motorcycle, if damaged in a non-moving accident.

Motorcycle owners who carry comprehensive insurance receive coverage for the repair/replacement of their bike if it’s damaged in a non-collision accident. Compensation for damage from fallen objects like trees and hail is also covered by comprehensive insurance. Theft, fire damage, and vandalism are also covered by comprehensive motorcycle insurance. Overall, comprehensive coverage covers damage from accidents and situations that don’t involve collisions. 

Other Considerations

Although comprehensive insurance isn’t required, motorcycle owners may be required to carry full coverage motorcycle insurance if they are financing their motorcycle. Motorcycle owners also have the option of purchasing add-on personal accident coverage. This insurance coverage would award motorcycle owners or their families a cash payment in case of a serious accident.

Give Us A Call

Cary-Wheeler & Associates Inc. in Richmond, VA is here to help motorcycle owners explore the best motorcycle insurance for their unique situations. If you have questions about motorcycle insurance, call us. We’re standing by.

For many people, riding a motorcycle is a source of freedom. However, it also comes with responsibilities, like having the right insurance. Of course, each state has its own insurance requirements, and those requirements can get confusing. So, what do you need to know about motorcycle insurance in Richmond, VA? At Cary-Wheeler & Associates Inc., we can help you figure it out. 

Does Virginia Require Motorcycle Insurance?

Yes and no. In Virginia, motorcycle owners have two options: buying liability insurance or paying an Uninsured Motor Vehicle (UMV) fee. If you pay the fee, you don’t have to carry insurance. However, if you choose this route, you remain uninsured at your own risk. 

Reasons to Choose Motorcycle Insurance

If Virginia allows for a UMV fee, why do so many motorcycle owners still choose insurance? Because risk mitigation matters. Carrying insurance can help you as a motorcycle owner reduce your liability risk. 

The UMV fee may save you some money in the short term, but motorcycle insurance provides the more cost-effective choice in case of an accident. If you do cause an accident on your bike, you could pay hundreds or even thousands of dollars out of your own pocket. Having a good insurance policy can protect you from financial struggles. 

And of course, insurance can help you gain some peace of mind. Riding a motorcycle should be an enjoyable experience. But if you’re constantly worried about your lack of coverage, you won’t enjoy the experience as much as you should. Liability coverage can help you breathe a little easier on the road. 

Motorcycle Insurance Questions? 

Do you have questions about your coverage options? At Cary-Wheeler & Associates Inc., we can answer your questions and help you make sure you have the right coverage. We serve motorcycle owners in Richmond, VA. Get in touch with us today to learn more. 

If you are in Richmond, VA, owning a motorcycle is one of the best ways to enjoy the city. But as you have fun with your motorcycle, don’t forget about motorcycle insurance. Since one wrong move in your bike can turn catastrophic, it’s more critical to purchase motorcycle insurance from Cary-Wheeler & Associates Inc. In the process, you will accrue the below benefits. 

Liability protection

Sometimes, accidents do happen. Probably, you lost a bit of concentration and crashed on someone. When this happens, you need to have motorcycle insurance to take care of bodily injuries and property damages you might have caused to third parties. 

Protects your bike

Whether you use your bike for fun, running errands, or commuting, it is valuable to you. That said, it’s wise to protect your asset from perils like theft, accidents, fire, and so on. With motorcycle insurance, you avoid out-of-pocket expenses when you need to replace or repair your bike following an accident. 

Pays for medical expenses

A bike accident — even a minor one — can lead to severe injuries. In light of this, PIP or MedPay coverage is critical as it covers your medical expenses when involved in an accident. Besides, medical payments insurance pays for partial loss of income if you cannot resume your job.

It’s customizable

The beauty about motorcycle insurance is that it’s not cast in stone. If your circumstances change, you can increase or reduce coverages to suit your current needs. For instance, if you add new accessories to your bike, you can adjust your coverage to ensure you are covered. 

Buy motorcycle insurance today!

If you treasure your bike, you can’t afford to ride it without motorcycle insurance. If you are in Richmond, VA and its environs, please talk to Cary-Wheeler & Associates Inc. for a competitive quote. 

Based in Richmond, VA, Cary-Wheeler & Associates, Inc. helps the community find the insurance coverage they need to protect what matters most. For over 30 years, we have helped our clients regardless of their situation. We look forward to establishing a long-lasting relationship with you.

Motorcycle Insurance Guide

During warm weather days, many people enjoy riding through Richmond, VA on their motorcycles. If you enjoy riding through the area, it’s important that you have protection. Motorcycle insurance covers you against some of the natural risks associated with riding a motorcycle. The policy covers your vehicle if it is damaged in a collision. You are also protected if you are a victim of theft or vandalism. You can also amend your policy to cover your motorcycle is damaged due to a fire or natural disaster.

Liability coverage protects you if an unexpected situation arises. Accidents can happen at any time. You will be protected if you accidentally collide with another motorcycle or if you cause damage to someone else’s property. If you have a passenger riding on the motorcycle with you, you will also be protected if the passenger suffers an injury.

You can amend your policy to include roadside assistance in the event of an emergency. If you plan to add custom parts or accessories to your motorcycle, you can add extra coverage to protect them if your motorcycle suffers damage. This gives you peace of mind that you will not have to deal with potentially huge losses if your custom motorcycle is totaled. You can also add coverage to protect your motorcycle while it is in storage. 

Cary-Wheeler & Associates, Inc. Will Help You Cover Your Asset

For more information on motorcycle insurance, visit our website today!