Most states require liability insurance, which covers you if you cause an accident injuring another person or damaging someone’s property.
When picking your insurance, you’ll have to pick liability limits, aka the maximum an insurance company will pay in the event of that type of claim. A good rule of thumb is to review your car insurance and buy a policy with similar limits and deductibles, according to the experts at market-leader Progressive.
Once you choose liability limits, you may want to add insurance protecting your bike, like collision or comprehensive coverage. Collision covers damages from accidents while comprehensive coverage covers damages caused by incidents like fire or theft. If you buy collision or comprehensive coverage, you’ll need to select a deductible, the amount you’ll have to pay out-of-pocket if you have a claim.