For people that are in the Canby, OR area, a great way to spend a nice afternoon is to be out on the open road on their very own motorcycle. The good weather during the year can make this a great mode of transportation for anyone. If you are going to get a motorcycle, it is important to make sure that you have a good insurance policy in place. There are several reasons why someone in Canby needs to have motorcycle insurance at all times.
Required by Law
The first reason to get motorcycle insurance in Canby is that it is actually required by law. Similar to when you are operating a car, you are going to need to have motorcycle insurance in order to stay in compliance with the state’s minimum insurance requirements. The state will require that you carry liability insurance at all times.
Lender Requirements
Many people end up taking out a loan when they buy a motorcycle. If you took out a loan, you are going to need to have motorcycle insurance at all times. The lender will want to make sure that their collateral is as well protected as possible. To do this, they will require that you carry motorcycle insurance with collision and comprehensive coverage.
There are clearly many reasons why it is a good idea to get motorcycle insurance in the Canby, OR area. When you are shopping for your next policy, you should speak to the team at Oliver Insurance. There are a lot of important decisions that need to be made when you are getting insurance for your motorcycle. To ensure that you make the right choice, Oliver Insurance will review your personal situation and help you to build a plan that is right for you.