What Kind of Bodily Injury Insurance Should I get for my Motorcycle in Albertville, Minnesota?

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Minnesota motorcyclists often find that it is necessary to obtain bodily injury insurance. Albertville motorcyclists will find that it provides peace of mind in case an accident occurs and it is necessary to seek medical attention. The challenge is determining the right type of coverage to meet personal needs and provide a feeling of security while enjoying a motorcycle.

Insurance Legalities

In the state of Minnesota, every motorcyclist is required to obtain basic liability coverage. The liability coverage will only provide payments for property damage or injuries to other motorists and passengers if a motorcyclist caused the accident.

Although the state requires a minimum of $10,000 for property damage and $30,000 for one individual who is injured or $60,000 for two injured individuals, it does not have any bodily injury requirements for the motorcyclist. Liability coverage is only the minimum state requirement so it is necessary to purchase further coverage for personal injuries if an accident occurs.

Additional Protection

Bodily injury coverage is an additional solution to protect the motorcyclist. It is additional insurance and generally it is best to obtain at least $30,000 or more in case an accident results in medical expenses. The cost of medical needs will vary based on the exact nature of the injuries, but ultimately it is better to seek the same amount as the state liability requirements or more for personal peace of mind.

The state of Minnesota has minimum insurance laws, but it does not impact the decision to protect personal finances in case an injury occurs. When it is hard to determine the right policy for personal needs, an independent agent can help. To gain assistance in your search for a new policy or speak to an independent agent, contact us today.

What Information Should I have When Purchasing a Home Insurance Policy in Wayzata, Minnesota?

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Buying a good homeowner’s policy is never a chore, simply give your independent agent in Wayzata, Minnesota a call. We are here to make sure we have your future covered when purchasing your new home and will not let important insurance issues slip through the cracks.

Time is of the essence so be sure to have all the information ready for your insurance agent. When you are going through your possible home for purchase, these are the questions that you and your independent agent will need to know.

  • How old is the home?
  • How many square feet does the house have?
  • How old is the plumbing and electrical systems?
  • What kind of roof is on the house and how old is it?
  • Where is the house located, and the address?
  • Have there been insurance claims in the last five years?
  • What kind of deductible can you afford?
  • Does the home have an alarm system?

A higher deductible on your policy will bring the cost of your premium down. You must find out from your mortgage company what deductible limit they will allow you to purchase. If there is a lot of land to the house and you paid more because of the land, all the insurance company is going to insure is the house, so the value of your purchase may be considerably lower.

Have all information to the independent agent in Wayzata, Minnesota so he/she can consider all possible discounts to lower your premium cost. If you are a senior, over 50 years of age, a discount may apply. If you bundle other things, such as vehicles, a discount is available. Our agent may be able to offer other discounts, so be sure to inquire.

Purchasing a homeowner’s policy is no chore for your independent agent. It is important that you give us a call so that we can give you specific details for your circumstances. We are here to help you.