As we age, our needs change, and this includes our transportation needs. For some seniors over the age of 75, a three-wheel motorcycle may be a preferred mode of transportation. These vehicles offer more stability than traditional motorcycles and can be easier to handle for those with mobility issues. However, finding insurance for a three-wheel motorcycle can be a challenge. In this article, we will explore some of the options available for seniors over 75 who want to insure their three-wheel motorcycle.
Understanding Three Wheel Motorcycle Insurance
Before we dive into the specifics of insurance for seniors over 75, it's important to understand the basics of three-wheel motorcycle insurance. Three-wheel motorcycles are considered "motorcycles" by insurance companies, which means they require the same types of coverage as traditional two-wheel motorcycles. This includes liability coverage, which covers damages to other people and property if you cause an accident, and collision coverage, which covers damages to your own vehicle if you are at fault in an accident.
Liability Coverage
Liability coverage is typically required by law and is the most basic form of insurance coverage. This coverage pays for damages you cause to other people and their property when you are at fault in an accident. In most cases, liability coverage will not cover damages to your own vehicle.
Collision Coverage
Collision coverage is optional, but it may be required if you have a loan or lease on your three-wheel motorcycle. This coverage pays for damages to your own vehicle if you are at fault in an accident.
Insurance Options for Seniors over 75
As with any type of insurance, the cost of three-wheel motorcycle insurance will vary depending on a number of factors, including your age, driving record, and the type of vehicle you own. However, seniors over 75 may face some additional challenges when it comes to finding affordable insurance.
AARP
One option for seniors over 75 is to look into insurance through AARP. The organization offers a variety of insurance products, including motorcycle insurance. AARP offers a 10% discount on motorcycle insurance for members, and they work with a network of trusted insurance providers to help seniors find the coverage that best fits their needs.
GEICO
Another option for seniors over 75 is GEICO. The insurance company offers motorcycle insurance for all types of motorcycles, including three-wheel motorcycles. GEICO has a reputation for offering competitive rates and excellent customer service, and they may be a good option for seniors who are looking for affordable coverage.
Progressive
Progressive is another popular option for three-wheel motorcycle insurance. The company offers a variety of coverage options, including liability, collision, and comprehensive coverage. They also offer discounts for seniors who complete a motorcycle safety course.
Specialty Insurance Providers
Finally, seniors over 75 may want to consider working with a specialty insurance provider that specializes in three-wheel motorcycle insurance. These companies may have more experience working with seniors and may be able to offer more tailored coverage options.
Conclusion
Insuring a three-wheel motorcycle can be a challenge, but there are options available for seniors over 75. By understanding the basics of three-wheel motorcycle insurance and exploring different insurance providers, seniors can find the coverage they need to stay safe on the road. Whether you choose to work with AARP, GEICO, Progressive, or a specialty insurance provider, be sure to shop around and compare rates to find the best possible coverage at an affordable price.
