We received a call yesterday from a biker who informed us that Rider Insurance is no more. So, we had our intrepid law clerk make some calls to get the facts straight so we could share with the biker community. The person he talked to at Rider Insurance told us that they are now owned by Plymouth Rock Insurance. Plymouth Rock does not offer insurance to Indiana residents, so if you’re currently with Rider, it looks like your policy will NOT renew when it comes time.
Rider is recommending that those in Indiana insure through Dairyland Insurance and Rider is offering a replacement policy through Dairyland. A nonrenewal notice was/will be sent out to those covered by Rider from Dairyland Insurance. If you have Rider, be on the lookout for mail from Dairyland, Rider, or Plymouth Rock explaining further.
While Rider may be recommending that you insure yourself through Dairyland, remember that you don’t have to. You have the right to pick the insurance company of your choice.
What’s most important, though, is that no matter who you choose to insure your bike, you be sure to buy sufficient coverage if the worst should happen. 1 out of 7 drivers in Indiana are uninsured. Many more only have state minimum coverage of $25,000 of liability coverage. If you’re hurt in an accident, $25,000 can be exhausted before leaving the Emergency Room. We highly recommend speaking to your insurance agent to get exact information on your coverages, particularly your uninsured and underinsured motorist coverage. We hope you never need it, but if you ever would, you’re going to be very thankful that you looked into it to protect yourself and your family.
Call us if you have any questions that we can help with and be safe out there!