Can Someone Under the Age of 18 Have a Motorcycle Insurance Policy?

Motorcycle insurance is something that is essential for anyone that plans on driving a motorcycle. In most cases, those that do ride a motorcycle are going to be over the age of 18 which means that having a policy when under the age of 18 is not really an issue. For other riders, there may be some issues with obtaining a policy. For those that live in the Pismo Beach, CA area, the agents with Neff & Associates Insurance Services Inc can help you find the policy that is going to work best for you.

 In most cases, you need to be over the age of 18 in order to have a policy on your own without the name of a parent or legal guardian on the policy. Insurance companies do this for a few different reasons. For starters, they require a policyholder over the age of 18 in order to make sure the policy is going to be paid, to make sure that if there is an accident there is someone that is over the age of 18 to hold accountable, and because it is not legal for anyone under the age of 18 to enter into a legal and binding contract which is what an insurance policy essentially is.

For those that are under the age of 18 and need a motorcycle policy, it is going to be the most beneficial to take out coverage on your parent’s policy so that you can be covered while on the road. You also want to make sure you have the right coverage and that you are going to have the right registration and the right permits to drive even though you are under 18.

For those in the Pismo Beach, CA area, the agents with Neff & Associates Insurance Services Inc can help you to find the right policy for you.

A Contract Claim is not the Same as a Tort Claim

No one wants to have to deal with a claim for a loss. Unfortunately, as a business becomes more successful over time, at some point it will run into a situation where the client is unhappy with how he was treated and will want a recovery. Ironically, the more successful a company is, the higher the probability a claim will eventually occur. This definitely applies to businesses in Pismo Beach, CA and elsewhere in the golden state.

However, there’s a key difference between a claim for a general injury and one related to a contractual obligation, and this is where a lot of confusion occurs both on the business side as well as the client. In a nutshell, a general injury in the legal world is known as a tort. A claim based on a contract is known as a contract breach. The tort legally has in many regions and jurisdictions a short period of time to file a claim (usually one year). A contract claim, on the other hand, is often three to five years, depending on the state. That time difference (known as a statute of limitations) can big a big issue for a company’s finances and the type of policy it chooses for coverage. It’s also one of the primary areas where new companies choose the wrong type of coverage and find out the hard way when the claim arrives.

To clear up the confusion for those in the Pismo Beach, CA area, Neff & Associates Insurance Services Inc are available by phone, email or in-person visit to discuss. Don’t hesitate to ask and find out a tort versus contract difference can impact your company if not prepared for. The staff at Neff & Associates Insurance Services Inc have seen these situations before and can provide valuable case studies where mistakes in coverage resulted in painful, hard lessons.