FAQS ABOUT CALIFORNIA MOTORCYCLE INSURANCE
Insurance is an important part of our lives. We
have listed some important auto insurance FAQS in a Question and Answer
format to help you answer some of the most common questions. Please feel
free to call us with any questions that you have
These questions and answers come from the:
INSURANCE INFORMATION
INSTITUTE - www.iii.org
What is Motorcycle Insurance ?
Motorcycle insurance protects you against financial
loss if you have an accident. It is a contract between you and the
insurance company. You agree to pay the premium and the insurance
company agrees to pay your losses as defined in your policy.
Motorcycle insurance provides property, liability
and medical coverage:
An motorcycle insurance policy is comprised of six
different kinds of coverage. Most states require you to buy some, but
not all, of these coverage's. If you're financing a motorcycle, your
lender may also have requirements.
Most motorcycle policies are for six months to a
year. Your insurance company should notify you by mail when it’s time to
renew the policy and to pay your premium.
What is Home Owners Insurance ?
Homeowners insurance provides financial protection
against disasters. A standard policy insures the home itself and the
things you keep in it.
Homeowners insurance is a package policy. This
means that it covers both damage to your property and your liability or
legal responsibility for any injuries and property damage you or members
of your family cause to other people. This includes damage caused by
household pets.
Damage caused by most disasters is covered but
there are exceptions. The most significant are damage caused by floods,
earthquakes and poor maintenance. You must buy two separate policies for
flood and earthquake coverage. Maintenance-related problems are the
homeowners' responsibility.
What kind of health insurances are there?
There are essentially two kinds of heath insurance
-- Fee-for-Service and Managed Care. Although these plans differ, they
both cover an array of medical, surgical and hospital expenses. Most
cover prescription drugs and some also offer dental coverage.
Fee-for-Service -
These plans generally assume that the medical professional will be paid
a fee for each service provided to the patient. Patients are seen by a
doctor of their choice and the claim is filed by either the medical
provider or the patient.
Managed Care - More than half of
all Americans have some kind of managed-care plan. Various plans work
differently and can include: health maintenance organizations (HM0s),
preferred provider organizations (PPOs) and point-of-service (POS)
plans. These plans provide comprehensive health services to their
members and offer financial incentives to patients who use the providers
in the plan.
How to contact us
