Motorcycle riders travelling overseas with the intention of bringing along their bike to experience the thrills of riding in a foreign land need to ensure that they have the proper insurance coverage before heading out onto the open road.
Before leaving for an overseas trip, motorcyclists should carefully review their current motorcycle insurance policy to see if coverage extends to overseas travel. Most insurance policies unfortunately do not translate as coverable when riding outside of the United States. However, temporary policies are available which will provide coverage while overseas.
Understanding exactly what is covered under an overseas insurance policy is the first step in planning for a successful trip. One of the misconceptions that motorcyclists commonly have regarding overseas motorcycle insurance is the belief that the policy will offer the same coverage as their domestic policy at home. This could be a costly misunderstanding in the event of an accident.
Most motorcycle insurance policies vary depending upon which country the policyholder will be visiting. In general, many policies offer standard coverage such as collision, comprehensive, and liability. Coverage will also depend upon the age and condition of the motorcycle as well. Some insurance companies will not extend overseas coverage if the value of the motorcycle exceeds a certain dollar amount.
A typical problem involving motorcycle insurance is not reading the policy’s potential restrictions regarding overseas riding. Many policies have clauses which state restrictive rules such as time constraints on the length of stay, as well as limits imposed to keep the rider off the road to avoid potential claims.
A good option for any motorcyclist to avoid falling into the trap of restrictions is to clarify their exact riding needs and intentions to the insurance underwriter. Knowing the ins and outs of the policy before leaving is essential in order to circumvent these issues during the trip. It is also important for the traveler to become familiar with the rules of foreign roadways. Each country has specific laws and regulations regarding riding, therefore, it is essential to understand the laws before jumping onto the road.
This information also translates to riders travelling to the United States from overseas. Travelers to the U.S. should also carefully review their individual policy in order to make the most out of the motorcycle insurance while overseas.