Why Do You Need a Motorcycle Insurance?

Many of us prefer a motorcycle above a car, due to many reasons. But, the chances of meeting with an accident brutally is more in a motorcycle than a four-wheeler. In case of an accident, two things you have to consider- liability and damages. Bike Insurance help us in such situations to tackled easily

Factors Involved in a Motorcycle Insurance:

Liability - Liability determines who was at fault during the accident. The person who claim has to prove that it was the other driver’s fault during the accident. Damages are the injuries and losses the plaintiff suffered due to the accident. If the person can prove it was other person’s negligence, he/she will get the compensation. But, if the plaintiff did not get hurt, no damage to the motorcycle or cannot prove the fault of other, there would be no compensation.

Settlement value- When a person wants to avoid the risk of losing the trial and losing everything, a middle ground is reached through settlement. The settlement amount is much lower than the amount one has to pay if the trial is own.

To Know More Read: How Does Motorcycle Insurance Work and What is its Value?

Special Damages- Special damages in motorcycle accident cases are calculated including employment benefits, medical bills and other financial losses that the plaintiff incurred as a result of the accident.

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