Texas drivers who have abandoned cars in order to save money on gas by riding a motorcycle need to understand the requirements and options available to them in the form of motorcycle insurance policies and coverage. Liability insurance is mandated by Texas, and motorcycle liability coverage is the same as that for an automobile: 25/50/25. It is wise to invest beyond the bare minimum of liability insurance, however, when seeking to indemnify your new motorcycle.
You should work with a licensed agent to assess what is called your asset exposure. This helps calculate the potential loss you could incur if you are ruled at fault for an accident and do not have the right type of coverage in your motorcycle insurance policy to protect you against that loss. Most motorcycle insurance carriers prefer the insured carry guest liability insurance in order to cover more than just themselves. This is because a passenger on the bike has the same rights to claim injury as someone struck by the bike should the cyclist be ruled at fault. Also, even if you are not ruled at fault, and a friend or loved one is injured in an accident, would you not want to cover the expenses of their medical bills should they be seriously hurt even if it is technically no fault of your own?