What You Need to Know Before Buying Motorcycle Insurance

The freedom and wind in your hair as you ride off into the sunset- there’s nothing like it. But before you hit the open road on your motorcycle, you must ensure you have the proper insurance coverage. Here’s what you need to know before buying motorcycle insurance.

1. Check Your State’s Requirements

What you may need for coverage in one state may differ. Some states have minimum bodily injury and property damage liability requirements, while others do not. So before you purchase a policy, check your state’s insurance requirements to ensure you’re meeting the legal minimums.

2. There is no "One Size Fits All" Policy

Every rider is different, which means their needs differ. You’ll need to consider the bike you ride, how often you ride, and what you use your bike for when determining the right coverage for you. You also need to decide if you want add-ons like roadside assistance or rental reimbursement.

3. Auto Insurance May Not Cover You

Your auto insurance policy may cover you if you’re in an accident while riding your motorcycle. But it’s important to check with your insurer to be sure. Most auto policies exclude coverage for motorcycles, so you’ll likely need a separate policy.

4. Not Everything You Hear About Motorcycle Insurance is True

There are a lot of myths out there about motorcycle insurance. For instance, some people believe that red bikes cost more to insure. But the truth is, your premium is based on factors like your biking history, the type of bike you ride, and where you live- not its color. So don’t let myths about motorcycle insurance deter you from getting the coverage you need.

Get Motorcycle Insurance in Dallas, TX

Don’t hit the open road without proper motorcycle insurance coverage. Instead, talk to an Alloy Insurance Partners agent to ensure you have the right policy for your needs. This will help ensure you’re covered in the event of an accident.

Can you add a motorcycle to your auto insurance?

When you are hitting the road in Texas, whether it is in an auto, truck or motorcycle, you need to know that you have the coverage you need to feel protected. Some insurance is mandated by the state and some others are optional, but no matter which way is right for you, Alloy Insurance Partners in Dallas, TX  is here to make sure the coverage you have is customized to your needs. As independent agents, we can offer more choices and we are dedicated to making sure our customers can drive without worrying about their insurance coverage, letting them down. 

When you want to add another vehicle to your auto policy, it is usually as simple as giving your insurance agent a call and giving them the vehicle particulars. This is not the case with a motorcycle. While motorcycles are mandated by the law in Texas to have the same coverage as a car or truck, they are not considered the same when it comes to insurance. 

To add a motorcycle to your auto policy, you must add an endorsement. Not every insurance company will allow this. Your independent insurance agent can tell you if your insurance carrier allows you to add a motorcycle endorsement.  If they don’t, you have two choices. You can change companies to go with one that will allow a motorcycle endorsement or you can buy dedicated motorcycle insurance and try to bundle the coverage with the other insurance you have with that carrier. 

When you bundle different policies with the same carrier, it usually makes you eligible for a multi-policy discount. This is an important consideration when you are trying to get the motorcycle insurance that you need and want. 

Contact Alloy Insurance Partners in Dallas, TX when you are looking for auto or motorcycle insurance.

Auto Insurance and Motorcycle Insurance Basics in Texas

When you are looking for auto insurance or motorcycle insurance in Texas, you need to know that this is with an at-fault state. That means that Texas law will require you to have auto insurance or motorcycle insurance that will protect you financially in the event of an accident. 

At Alloy Insurance Partners, we want Dallas, TX residents to feel secure when they are on the roads. We can help you to design the auto insurance and motorcycle insurance policy or bundle to meet your needs.

Auto Insurance

In Texas, you have to have bodily injury liability and property damage liability for your vehicle. 

• Bodily Injury Liability – Coverage for medical bills and expenses for other drivers in a collision and any passengers
• Property Damage Liability – Coverage for property repairs, including buildings, fences, or property damaged during a collision

Additional coverage that you can get for auto insurance includes personal injury protection, collision insurance, comprehensive insurance, uninsured motorist protection, towing and labor, and uninsured motorist property damage.

Motorcycle Insurance

Motorcycles in Texas are required to be insured. These drivers will also have to be required to prove they can cover the losses in an accident or collision.

Motorcycle insurance is very similar to auto insurance. Minimum motorcycle insurance requirements include bodily injury liability and property damage liability. There are additional coverages you can get for motorcycle insurance for added protection such as personal injury protection, collision insurance, comprehensive insurance, and towing insurance, among other types of coverages.

Get a Quote

When you are looking for auto insurance or motorcycle insurance, get a quote from Alloy Insurance Partners. We can help Dallas, TX residents find the insurance policy or bundle that best meets their driving needs. Call us for a quote today!

Common Myths About Flood Insurance

When it comes to flood insurance, there are many misconceptions about it. Alloy Insurance Partners serving clients in Dallas, TX  and other surrounding towns has prepared a list of the most common myths about this type of insurance that you should be aware of: 

Myth 1: Flood Damage is Covered By Standard Home Insurance

The truth is that normally home insurance policies do not cover flood damage. That is why it is important to consider a separate flood insurance policy, especially if your home is located in a flood-prone area.

Myth 2: Only Homeowners Can Purchase Flood Insurance

Actually, flood insurance is available not only to homeowners, but also to renters, business owners, and condos. The best way to get more information about it is to talk to an insurance agent, who will be able to answer all the questions. 

Myth 3: Only People Living in the Special Flood Hazard Area Are Qualified for Flood Insurance

Anyone who lives in the community that voluntarily joined the National Flood Insurance Program (NFIP) can purchase flood insurance. If you live in a community that does not participate in NFIP, you can make a request for it to do so through the city commissioner’s office, city council, or mayor of your city. 

Myth 4: You Have to Wait Until a Rainy Season  to Purchase Flood Insurance

You need to be proactive when it comes to purchasing flood insurance. In most cases, there is a 30-day waiting period before a policy goes into effect. Therefore, it is actually recommended to get flood insurance as soon as possible and not to wait until a rainy season. 

Flood insurance is an important type of insurance because it proves additional coverage to your home and belongings in case a flood happens. Now you know the most common misconceptions about it and you will be able to find a policy you need. If you need help, Alloy Insurance Partners serving clients in Dallas, TX will be glad to assist you. Do not hesitate to give us a call or visit the website. 

Do you need new auto/motorcycle insurance when you move?

When you plan a move, whether across town or to another state, you probably do not think of updating your auto or motorcycle insurance as a top priority. It is though.

Most states give you 30 to 90 days to complete your update. That means you need to contact your Alloy Insurance Partners agent to update your address and your policy.

Your zip code helps determine your premiums, so moving to a new zip code in Dallas, TX can either increase or decrease your premiums. If you move to a safer zip code with a lower crime rate, your insurance might decrease. Moving to a higher crime area might increase it.

Moving from one state to another state changes everything. Each state has its own minimum requirements, so even full coverage in your current state of residence might not qualify as proper coverage in your new area. You may be able to adjust your coverage, but you also might have to purchase a brand-new policy or switch carriers. That is because insurance agencies sometimes do not have legal permission to sell insurance in every state.

You also need to update your registration and license plates, plus your driver’s license when you move to another state or if you just moved to Texas. You need to update your auto or motorcycle insurance before you can update anything else vehicle related because you must show proof of insurance to do those other items.

Call or email Alloy Insurance Partners today to discuss your move to or from Dallas, TX. We can help you make a plan for updating your vehicular insurance so you do not have a lapse in coverage. Contact us before you move for the best results.

What Does Motorcycle Insurance Cover?

Motorcycle insurance is similar to auto insurance in that it provides protection for you as the driver as well as protection for other moving vehicles on the road. However, it’s designed for people who drive motorcycles. Although this insurance closely resembles auto insurance, it’s purpose is to meet the specific needs of people who operate motorcycles. Not all states require motorcycle insurance. As of 2017, four states don’t require motorcycle insurance. Montana, New Hampshire, Florida, and Washington are the four states that don’t require motorcycle insurance.

What’s Required?

The Alloy Insurance Partners of Dallas, TX educate motorcycle drivers regarding what’s required to operate a motorcycle in Texas. Like auto insurance, motorcycle drivers are required to carry liability coverage at the very least. Of course, if you have a motorcycle loan, the lender may require you to take full coverage as a way of protecting their investment from the unknown. However, if you don’t have a loan, the state minimum requirements include bodily injury coverage and property damage coverage. Bodily injury coverage must be maintained at sixty thousand dollars per accident. Thirty thousand dollars per person per accident is also a requirement, and twenty-five thousand dollars for property damage per accident is a required coverage amount as well. 

What Does Motorcycle Insurance Cover?

Motorcycle insurance covers the same things that auto insurance covers. You are protected in the event of an accident, damage, theft, and total loss. It also covers other people’s losses if you are found responsible for an accident, damage, or some other situation that causes harm, damage, or loss to someone else or their property. In essence, motorcycle insurance can include liability, collision, medical, and uninsured motorist coverage. We’re here to help you determine the best coverage for you and your unique situation. Give us a call. We’re here to help. 

What Are the Benefits of Having Energy Efficient Appliances?

Energy efficient appliances offer homeowners a variety of benefits. People don’t realize just how costly their old appliances are until they are forced to replace them. Choosing smart models that are rated for maximum energy efficiency use much less energy and will save you money on your utility bills. They are also easy to maintain. Homeowners in the Dallas, TX area can call on the agents at Alloy Insurance Partners to answer any questions they have about smart appliances and their benefits.

Saves Money

Smart appliances can pair with many home security systems to create a fully automated home. Smart appliances that have home automation capabilities can be turned controlled through the security system once they are all connected through the network. In addition to their home automation capabilities, their energy efficiency rating means that they have been proven to meet or exceed the EPA guidelines for saving energy.

Uses Less Energy

Energy efficient appliances are designed to provide maximum power while using as little energy as possible. Appliances that use less energy create less waste. Less waste leaves less of an imprint on the environment. On the whole, this reduces the cost of the energy we use and results in lower utility costs.

In Dallas, TX, residents often look to the insurance agents of Alloy Insurance Partners for answers when it comes to making their homes more energy efficient. In addition to helping their clients save money on utility bills, they can also help them with all of their home and auto insurance needs. Schedule an appointment today to have your current homeowners’ policy reviewed. Get the answers you need today!

Myths about Home Insurance

It’s important to read the fine print for home insurance in Dallas, TX, but it’s also important to know the myths about home insurance. This way, you can get the right coverage.

Myth 1: Home Insurance Is Required

Your mortgage company may require you to have home insurance in Dallas, TX, but the law does not. However, not having home insurance can be very costly in the event that there is a disaster.

Myth 2: All of Your Belongings Are Covered

A homeowner’s policy will not cover everything, and the policy will clearly state what is covered and what isn’t. If you have valuable art or jewelry in your home, it may not be covered by a basic policy and you may need additional coverage. Speak with an agent at Alloy Insurance Partners to make sure you have coverage for all your valuables.

Myth 3: All Injuries in the Home Are Covered

If a visitor gets injured at your home, then the liability protection of your insurance will kick in and pay for claims that are filed. However, if you or a family member gets injured by falling down the stairs or slipping in the kitchen, your home insurance will not pay for these injuries. Instead, you will have to rely on your health insurance.

Myth 4: A Home Business Is Covered

Your business liability and business equipment are not covered under a home insurance policy. If you have a home-based business, you will need a separate policy that covers the company. You may be able to attach a business rider to your existing home insurance for a cheaper rate.

Myth 5: My Home Is Covered in the Event of a Flood

Floods are not covered under a standard home policy. If you live in a flood zone, you need a separate policy to cover floods.

Contact Alloy Insurance Partners to get a quote on home insurance.