Minnesota Motorcycle Insurance Tips
Choosing the best Minnesota motorcycle insurance policy for your needs can be a confusing process. While some people may assume that state requirements are the same as those for auto insurance, they are not. And with so many coverage ranges and options to sort through, it would be easy to end up over insured and paying more that you have to. On the other hand, many people make substantial investments in accessories and custom features for their bikes. If that sounds like you, then you may want optional coverage to make sure your additional purchases are covered. Here are some factors that can affect the types of coverage and rates
How often and how far do you plan to ride?
If you are an avid motorcycle enthusiast and you use your bike instead of your car whenever possible, your insurance needs will be different that if you are a recreational rider who only takes the cycle out a couple of times a month for a weekend ride.
Likewise, if you never miss the yearly trip to Sturgis and you like to travel cross country with your bike club, you may want to consider different coverage than a hard core dirt bike rider. Roadside assistance coverage can be useful for long distance riders. It will pay for the cost to transport your cycle to a repair shop, and help pay for the labor costs.
What kinds of motorcycle accessories do you own?
If you own a basic cycle that you use for cheap, fuel-efficient transportation around town, you may be able to get by with coverage that meets the minimal State requirements. But if you own a vintage Harley or a cruiser complete with saddle bags, a riding camera and Kuryakyn speakers, you should seriously consider purchasing optional coverage for special parts and accessories that can pay for damage to your after market custom parts and equipment.
Does your auto insurance carrier cover motorcycles, too?
Don’t automatically assume that your car insurance carrier is the best choice for you motorcycle insurance. Just because they offer motorcycle policies, they may not offer the best coverage or competitive rates. Check with your Faribo independent insurance agent to find the motorcycle policy that fits your budget and your riding style.
The pros at Faribo Insurance will be happy to evaluate your coverage needs. With offices in Faribault, MN… Hastings, MN… or Lakeville, MN we are easy to find. Call us at 888-923-0430, email us or use our Quick Quote Insurance form to receive a custom Minnesota motorcycle insurance quote today.
Minnesota Snowmobile Insurance Experts
When you live in Minnesota, snowmobile insurance is as important as car insurance. And when there’s fresh snow in the weather forecast, you want to be able to suit-up and enjoy yourself. The last thing you should have to worry about is whether your family, your friends and your equipment have adequate snowmobile insurance coverage. Here are some tips to follow to make sure you’re adequately covered so that you can have peace of mind when the snow flies.
Inventory your snowmobile equipment for insurance purposes
List what you own. To ensure that you will have the coverage that you need, it’s important to have an accurate and current inventory of your snowmobile equipment. Make a list of everything that you own that’s related to snowmobiling: equipment, accessories, apparel. Gather the receipts and keep them in one place. List the manufacturers’ name, models and ID numbers – spreadsheet software is ideal for this, but make sure you print out a hard copy for safekeeping.
List what you plan to buy. It’s a good idea to make a list of all of the snowmobile items that you plan to buy in the next few years. Of course, you won’t want to purchase insurance for items that you don’t own yet. But you can find out now whether they will be eligible for coverage and the approximate cost. With that kind of information, you will be able to budget more accurately and make better informed buying decisions in the future.
Find out what your snowmobile policy covers
The snowmobiles alone are not your only investment that should be covered. After taking inventory, you probably have a long list of extra equipment and accessories that you own
Helmets, safety goggles, boots, gloves, snow pants and jackets are all necessary when you and your family participate in snowmobiling. Snowmobile equipment and parts such as trailers, luggage racks, sleds, covers, skis and windshields represent a sizeable cost if you have to replace them.
You will want to make sure that the Minnesota snowmobile insurance policy you choose provides the coverage that you need at the best possible rate.
Consult with a professional insurance agent
As team members of a local insurance agency, we know all about snowmobiling in Minnesota. At Faribo Insurance, we are always happy to answer your questions and provide expert advice. Visit one of our convenient office locations in Faribault, MN…Hastings, MN…or Lakeville, MN. Or call us at 888-923-0430, email us or use the Quick Quote Insurance form to get a customized quote. We look forward to talking with you!
Umbrella Policy
If We Talked About an Umbrella Policy…
The transcript of an imaginary conversation between you and Faribo Insurance Agency about your umbrella policy.
Faribo Insurance: I am concerned that you may not have high enough liability insurance limits to protect you in the event of a major lawsuit.
Carl Client: already carry auto liability and a homeowners policy. Isn’t that more than enough?
Faribo Insurance: It is only if you aren’t sued for more than your policy limits. In this age of jumbo lawsuits, it makes sense to increase your protection. And the best way to do it is with an umbrella policy.
Carl: How does the umbrella policy work?
Faribo Insurance: This policy adds a layer of a million dollars (or more) of liability protection over and above your regular auto and homeowners liability insurance. It’s this “over and above” element that gives the umbrella policy its descriptive name.
Faribo Insurance: It’s easy. Just give me a call at 888-923-0430, email me or use our Quick Quote Insurance form and I’ll promptly prepare a special proposal for you. I’m sure you’ll like what you see.
Minnesota Flood Insurance
If We Talked About Minnesota Flood Insurance…
The transcript of an imaginary conversation between you and Faribo Insurance Agency about your Minnesota flood insurance policy.
Faribo Insurance: Are you aware that you don’t have any protection for your home and its contents in the event of flood damage?
Carl Client: I buy my homeowners insurance from you. Doesn’t that cover me for flood?
Faribo Insurance: No. Nobody’s homeowners policy covers damage caused by flood. What you need is a special flood policy to protect your house. And since your community participates in the National Flood Insurance Program (NFIP), you are eligible to purchase this coverage.
Carl: Why should I buy a policy now? Can’t I just order one when the weather turns bad?
Faribo Insurance: It doesn’t work that way. There is a 30-day waiting period before coverage begins, so now is the right time to buy.
Carl: Great. How do I sign up for the policy?
Faribo Insurance: It’s easy. Just give me a call at 888-923-0430, email me or use our Quick Quote Insurance form and I’ll promptly prepare a special proposal for you. I’m sure you’ll like what you see.
