Motorcycle owners must carry valid insurance and license while on the road. Failure to have them attracts hefty fines, license suspension, or revocation. That’s why new motorcycle owners or those whose licenses are about to expire should work with a reputable company to guide them with the rules to follow. At Stewart Agency, Inc. in Elmira, NY, we strive to provide clients with updated insurance information to ensure they remain on the road.
Key Motorcycle Insurance Requirements to Note
Motorcycles registered in New York should carry insurance from companies within the state. Insurers should also provide proof of insurance after registration. They can do this by providing their policyholders with a NY State insurance ID or sending a notice of insurance to the DMV. Motorcycles within the state can only be registered for one year.
Motorcycle Insurance Lapse
A motorcycle insurance lapse is the duration when a rider doesn’t carry insurance coverage. Usually, this occurs from the time insurance is canceled to when a new one begins. It can also happen from the time a motorcycle is registered to when the insurance coverage starts.
According to New York regulations, motorcycle drivers have a 90 days insurance lapse. When this window closes, and a driver is caught driving without insurance, they’ll be arrested or their motorcycle impounded by the police. If a driver is involved in an accident with an uninsured motorcycle, the DMV will suspend their license and registration for one year.
Motorcycle owners can take different steps to avoid an insurance lapse. For instance, they can request their insurers to report any changes to their insurance to the DMV. Drivers should also take insurance from companies authorized by the Department of Financial Services.
Additionally, riders can avoid insurance lapses by responding to DMV insurance letters and orders on time.
Secure Your Motorcycle Today!
Do you want to register your motorcycle and don’t know the steps to take? Contact our Stewart Agency, Inc. team in Elmira, NY today, and we will guide you on the coverage that best meets your needs.