Although some states have heavy mandates for motorcycle insurance, Texas is not one of them. Instead, Texas law only requires motorcycle riders have liability insurance to the amount of 20/40/15 ($20,000 per person for injuries, up to $40,000 for all, and $15,000 for damage). Clearly additional insurance is recommended, but it is not required in TX. In other words, finding the best motorcycle insurance coverage is pretty much up to you. For more information on insurance regulations see Auto Insurance in depth. You may also want to check out TX motorcycle laws at the American Motorcycle Association.
As you consider insurance for Texas motorcycles, there are many things you can do to ensure the best rates. First, you should review the factors insurance providers consider when they assign your rates. Insurance Finder lists these factors as follows:
- The size of your motorcycle's engine (in cubic centimeters-cc's). Larger engines have higher performance and cost more to insure.
- Motorcycle make. Insurers charge more for obscure brands because their parts are more rare.
- Motorcycle model. Sport bikes have coverings over the engines which make them more expensive to repair in accidents.
- Your age and experience. Insurers give older riders get lower rates because drivers under 25 have less experience and get in more accidents.
- Your driving record. If your record is blemished with accidents and tickets insurers won't trust you, so you will have to pay more.
- Whether or not the motorcycle is kept in a garage. Bikes left on the street are more likely to get in accidents or be stolen.
- Where you live. Insurers charge more in cities than rural areas because there is more traffic and theft.
- Number of intended miles driven weekly. The more you ride your motorcycle, greater your chance is of getting into an accident. Higher mileage = higher premium.
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