Hi all. Just wondering whats a good amount of coverage is needed when getting insurance. I was thinking what kind of damage can a bike do to others. 25/50/25? 30/60/30? 50/100/50? 100/300/100? Whats the standard limit I should get? Thanks 600rr.net
Well if you T-Bone a Ferrari doing 140, it may do quite a bit of damage.
Or say you create a situation and cause a wreck with several cars, and are deemed at fault.
Of course the odds of either are quite low, but that's what insurance is - paying a little now to hopefully save you in case the odds fall against you.
Some people believe in buying the most they can afford, others get the minimum, so you really have to decide for yourself. I've had times where I have a lot, and times I'm at the minimum requirements, so it's not like I can give an iron clad answer.
Well when I got quoted, the price difference for a higher limit was very minimal. Something like $25 more every 6 months between minimum limits and 100/300/100 so I opted for the higher limit. So check the price difference between different limits.