Moped insurance can be a pretty expensive purchase, especially since they are so widely used. When it comes to insurance policies for moped or scooter drivers, there are two general types that most insurance companies offer. Typically, these policies are pretty similar to those for regular motorcycle insurance. Most of the time, insurance providers use the same coverage type to insure scooters and moped motorcycles as they do for more traditional motorcycles. However, policy coverage is more tailored to cover moped motorcycles than it is for other motorcycles. Moped and scooter insurance policies, therefore, tend to be more expensive overall.
Typically, moped and scooter insurance will provide you with the standard auto insurance benefits, which include property damage liability, bodily injury liability, medical payments, and collision. It’s important to understand the difference between these basic policies and what each insurer provides in the “additional” or “collision” category. You may have heard that you’re allowed to carry two drivers if your vehicle is less than eight years old. This is true for the majority of countries where moped or scooter riders are subject to the same laws and regulations as traditional vehicles. However, if your vehicle is less than eight years old, you are required to carry moped or scooter riders only.
In most countries, including the United States, it is legal to operate a moped or scooter while under the age of 18. This requirement varies from state to state, however, so it’s important to do your research before purchasing coverage. For example, if you live in Florida, it’s illegal to operate a moped unless it’s registered as a wheelchair. As long as the vehicle is legally insured, however, your insurance company won’t bother with the additional rider issue. So long as you’ve purchased an adult bike that’s also legally insured, your moped will be covered.
Mopeds, like motorcycles, are categorized by engine size, which is a technical term that simply refers to the size of the engine in the vehicle. Mopeds are usually classified as three categories, the “scooter” (which is the largest and most powerful of the three), the “motorbikes” (which are much smaller and less powerful) and the “motor-assisted cycles.” The classification system might be confusing to someone who doesn’t live in the U.S., but it’s not as odd as it might sound. Many countries classify recreational vehicles according to their engine size and that method has been used for years in Europe. (It works in the United States, too, but not nearly as much.)
If you’re curious as to whether or not you need insurance for your moped, the answer generally depends on where you plan to ride it. In Europe, it’s usually not a problem, but in the United States, some states (including California) consider mopeds motorbikes and thus require insurance coverage. If you have a European-style scooter, however, you might not even need insurance.
Some states, such as those in New Hampshire, have specific laws concerning the insurance requirements for mopeds, including the length of time you must keep the moped legal. Many states, such as Florida, have no limit on the number of miles you can drive your moped or motorbike. However, some states, such as New Jersey, limit the number of miles you can drive with a non-smoker, and there are others that do so. While mileage isn’t the only thing that counts in moped insurance requirements, it is certainly one of the biggest. In the end, you’ll want to find the policy that provides the right balance between cost and cover.
As far as what type of insurance company to get, it all depends on the model of your moped and your location. If your state requires you to have insurance, make sure you contact your insurance company and ask if they also cover motorbikes. In some cases, a non-owner auto club might be able to give you the exemption you need, but you may need to check with your state insurance department first. You should also look into your state laws before purchasing your own moped.
If your state requires you to have moped insurance, make sure you understand the requirements of each type of coverage, the maximum limits of coverage, and the process of obtaining your policy. Mopeds scooters and other vehicles can be a great way to save on gas money, but you still need to have insurance coverage in case anything happens. If you’re considering purchasing one of these vehicles, make sure you understand what your coverage options are and which will best protect your financial interests.