· Bodily Injury Liability Coverage (Minimum $20,000 per person / $40,000 per accident): Pays for medical, rehabilitative and other services to other injured parties in the event you or the driver of your motorcycle is at fault in an accident and the other party is seriously harmed. This coverage also provides payment for "pain and suffering" of the injured party.

· Property Damage Liability Coverage (Minimum $10,000): Pays for damages to someone else's property in the event you or the driver of your motorcycle is at fault in an accident.

· Personal Injury Protection (Minimum $10,000): Pays for medical and some chiropractic care when you or your passengers are injured in an accident.

· Uninsured Motorists Coverage (UM) ($20,000 per person / $40,000 per accident): Pays you or your passengers' medical, rehabilitative and other economic losses if another driver is at fault and is uninsured. This coverage applies only if the injured party is seriously harmed and also provides payment for "pain and suffering" of the injured party.

· Underinsured Motorists Coverage (UIM) ($20,000 per person / $40,000 per accident): Pays for medical, rehabilitative and other economic damages to for you and your passengers if injured by another at fault driver. This coverage applies if the injured party is seriously harmed and the wrongful driver's Bodily Injury coverage limit is not enough to compensate the injured party. This coverage also provides payment for "pain and suffering" of the injured party.

· Other than Collision (OTC) Coverage: OTC (Sometimes called Comprehensive) pays for accidental losses to your auto such as fire, theft, vandalism, broken windshield, etc.

OTC is optional unless your motorcycle is financed. It is written with a deductible. The deductibles we offer for Other Than Collision coverage are:$50, $100, $200, $250, and $500. If you have an OTC loss, you pay the deductible and we pay the actual cash value for damages over that amount.

· Collision Coverage: This coverage pays for damage to your motorcycle caused by upset or collision with another vehicle or object. Collision coverage is optional unless your motorcycle is financed, and you must have OTC to be eligible to purchase this coverage. It is always written with a deductible, and the deductibles available for Collision coverage are the same as those available for Other Than Collision coverage. If you have an OTC loss, you pay the deductible and we pay the actual cash value for damages over that amount.

· Medical Payments Coverage: This coverage pays for reasonable expenses incurred for necessary medical services because of bodily injury caused by an accident and sustained by a covered person.

· Income Disability Coverage: This coverage pays income disability coverage to a covered person who sustains bodily injury as the result of a motorcycle accident.

AIG Hawaii's Business Automobile policy provides flexible premium payment plans for our policyholders. We offer the following payment plans based on the amount of your annual policy premium:

Premium Amount Payment Plan

Less than $300: Full payment due on effective date of policy

Greater than $300, Less than $500:  4-pay plan* - 25% due on effective date of policy; balance due in three equal installments

Greater than $500, Less than $800:  6-pay plan* - 25% due on effective date of policy; balance due in 5 equal installments

Greater than $800:  9-pay plan* - 20% due on effective date of policy; balance due in 8 equal installments

*A $5 service fee is charged with each installment including the initial down payment

What can you do to adequately protect yourself and keep costs down? Here are a few suggestions.

Increase your deductibles. A deductible is the amount you are responsible for paying in any claim. The higher your deductible, the lower your premium will become since you are assuming a greater piece of the risk. Deductibles are usually taken when Comprehensive and/or Collision coverages are purchased. Most motorcycle insurers offer deductibles as high as $2,000 at a substantial savings.

Consider removing Comprehensive and/or Collision coverages from older motorcycles. The cost for these coverages may sometimes be more than the value of your motorcycle.

Ride safely. This seems obvious but the discounts insurance companies offer for safe driving really pay off. Conversely, the premium increases associated with a moving violation, accident or DUI can run into the thousands of dollars per year.