Motorcycle Safety and Awareness Month – Accidents Happen are you properly Insured?
Motorcycle Safety and Awareness Month
May 1, 2010 — Governor, and motorcyclist, Mitch Daniels has proclaimed May to be Motorcycle Safety and Awareness Month in the State of Indiana. The Governor joins ABATE of Indiana in urging motorists to check twice in looking for the motorcyclists with which they share Hoosier highways.
Accident data indicates that in multiple-vehicle accidents, the driver of the other vehicle violated the motorcyclists’ right-of-way and caused the collision in two-thirds of those crashes. Statistics show that multiple-vehicle accidents account for approximately 75 percent of all motorcycle accidents. Cooperation between all road users is essential to successful traffic management and roadway safety.
92 percent of accident-involved riders are self-taught and have no formal training. Motorcycle rider courses supply riders with the skills and strategies to prepare for riding, deal with hazards and avoid accidents. Nearly 100,000 people have benefited from such classes in Indiana. ABATE of Indiana is the largest provider of rider education in the state.
Indiana registered more motorcycles than ever before in 2008 and 2009. In excess of 200,000 in each year. Yet in 2009, Indiana recognized a decrease in motorcycle fatalities of greater than 14 percent. The state has not introduced any substantial changes in laws pertaining to motorcycles during that time.This points toward rider education and motorcycle awareness campaigns as the only significant, proactive measures responsible for this reduction in crashes in Indiana.
The continued efforts of Hoosiers, on two or more wheels, is required if we intend to maintain the trend in decreasing accidents and making Indiana safer for everyone. So remember to “Save A Life – Save A Life – Motorcycles Are Everywhere”.
Many Individual policies will rate up or Rider their policies if you are a motorcycle rider, this is also true for accident, disability, and Life Insurance policies. One way to avoid extra costs associated with an accident is to make sure that you are properly insured. A good advisor or agent will make sure that all your policies dovetail nicely to make sure that you are not paying too much, but that you are also minimizing financial loss in the event of an accident, injury, or death.
The most common policies to buy and dovetail are:
1. Automobile / Motorcycle comprehensive coverage – talk to your P&C Agent about the coverages for health care and related costs, get quotes from multiple carriers with and with out this extra coverage and look at the difference. we work with a list of pre-approved brokers that we suggest you use, call our office for a good P&C Referral depending on where you live and what you have to insure.
2. Supplemental ACCIDENT INSURANCE: this can be purchased to cover one person or an entire family and may be used to dovetail with an existing Health Insurance policy to cover MEDICAL EXPENSES that may apply toward your DEDUCTIBLE. This is a great Strategy to use when keeping costs down is to adjust your DEDUCTIBLE to dovetail with your ACCIDENT and CRITICAL ILLNESS insurance to lower your monthly premiums and minimize the risk of you actually having to pay for your deductible out of pocket.
3. DISABILITY INSURANCE is highly recommended for anyone, not just motorcycle riders to help replace the loss of income due to missed work relating to an accident or illness or injury. If your injury or illness is not related to a work related cause, it may put you in big financial trouble if you are unable to produce income. Many employer GROUPS offer some DISABILITY INSURANCE, if they do, we recommend that you take it, even if you have to pay for it, GROUP Disability Insurance is often cheaper than purchasing and individual policy. Many people don’t realize that their GROUP DI might not be enough to meet their needs and only replace 50 or 66% of their income, in order to make sure that you are adequately insured, you might want to consider purchasing an INDIVIDUAL DISABILITY POLICY that will augment your GROUP policy if available, also it will ensure that you have coverage in the event of job transition, job loss, or you become un-insurable down the road.
4. LIFE INSURANCE many times offer an accidental death and dismemberment rider for no additional cost to the policy. This typically will DOUBLE the amount of the DEATH BENEFIT of the policy if the death was related to an ACCIDENT.