The United States is home to about 8.3 million motorcycle riders. If you’re one of these people, you certainly enjoy the thrill and heightened sense of freedom that comes with riding your motorbike. Unfortunately, motorcycle riding is inherently risky. Purchasing motorcycle insurance is key to protecting yourself from financial losses when you’re involved in an accident. However, while insuring your bike is super important, you shouldn’t pay an arm and a leg for it.
In this article, we’re sharing handy tips you can use to get cheap motorcycle insurance. Read on.
Buy a Standard Bike
A standard bike will get the job done just fine, but you’ll pick a sports bike any day.
However, in property insurance, the more expensive an asset is, the higher the cost of insurance. As such, a pricey sports bike is going to come with pricey premiums.
Therefore, if you want cheap motorcycle insurance, start by making the right decision at the dealership. Have a clear picture of the level of insurance you can afford and get a bike that falls in that category.
Obtain a Certificate in Motorcycle Safety
You need a license to legally ride your motorcycle. Any insurance company will also want to ensure that you’re licensed before they can insure you and your bike.
If you want to increase your bargaining power when buying motorcycle insurance, you need more than just a license. Pursuing additional training in motorcycle safety and defensive riding can go a long way in helping you reduce your motorcycle insurance cost.
In addition, strive to maintain a clean riding record. If you’re always violating traffic rules and causing accidents, your record will work against you when it’s time to renew your policy. A high-risk rider is bad for business, so insurers will slap you with higher premiums.
Be Selective With the Motorcycle Insurance Policies You Purchase
Most states require riders to purchase liability insurance. In the event of an accident, this policy will compensate other victims for their injuries and/or property losses.
There are additional policies you can purchase, including comprehensive motorcycle insurance, collision coverage, and guest passenger liability. There are addons that can go along with any of these policies, such as roadside assistance and trip interruption coverage.
While you need more than liability insurance to adequately protect yourself, forgoing some additional policies will save you money.
Shop Around
Motorcycle insurance policies aren’t created equal. Insurers price their policies differently.
Getting quotes from multiple providers will enable you to zero in on the best motorcycle insurance policy with affordable premiums. This insurance agency can help you get several quotes.
You Can Score Cheap Motorcycle Insurance
So, how much is motorcycle insurance? It all depends on a number of factors, including the type and cost of your bike, your age, and your riding record.
Generally, though, everyone wants to snag a good insurance deal. With these tips, you’re primed to find cheap motorcycle insurance.
Explore our blog for more informative articles.
How to Find Cheap Motorcycle Insurance That Won’t Break the Bank?
The United States is home to about 8.3 million motorcycle riders. If you’re one of these people, you certainly enjoy the thrill and heightened sense of freedom that comes with riding your motorbike.
Unfortunately, motorcycle riding is inherently risky. Purchasing motorcycle insurance is key to protecting yourself from financial losses when you’re involved in an accident. However, while insuring your bike is super important, you shouldn’t pay an arm and a leg for it.
In this article, we’re sharing handy tips you can use to get cheap motorcycle insurance. Read on.
Buy a Standard Bike
A standard bike will get the job done just fine, but you’ll pick a sports bike any day.
However, in property insurance, the more expensive an asset is, the higher the cost of insurance. As such, a pricey sports bike is going to come with pricey premiums.
Therefore, if you want cheap motorcycle insurance, start by making the right decision at the dealership. Have a clear picture of the level of insurance you can afford and get a bike that falls in that category.
Obtain a Certificate in Motorcycle Safety
You need a license to legally ride your motorcycle. Any insurance company will also want to ensure that you’re licensed before they can insure you and your bike.
If you want to increase your bargaining power when buying motorcycle insurance, you need more than just a license. Pursuing additional training in motorcycle safety and defensive riding can go a long way in helping you reduce your motorcycle insurance cost.
In addition, strive to maintain a clean riding record. If you’re always violating traffic rules and causing accidents, your record will work against you when it’s time to renew your policy. A high-risk rider is bad for business, so insurers will slap you with higher premiums.
Be Selective With the Motorcycle Insurance Policies You Purchase
Most states require riders to purchase liability insurance. In the event of an accident, this policy will compensate other victims for their injuries and/or property losses.
There are additional policies you can purchase, including comprehensive motorcycle insurance, collision coverage, and guest passenger liability. There are addons that can go along with any of these policies, such as roadside assistance and trip interruption coverage.
While you need more than liability insurance to adequately protect yourself, forgoing some additional policies will save you money.
Shop Around
Motorcycle insurance policies aren’t created equal. Insurers price their policies differently.
Getting quotes from multiple providers will enable you to zero in on the best motorcycle insurance policy with affordable premiums. This insurance agency can help you get several quotes.
You Can Score Cheap Motorcycle Insurance
So, how much is motorcycle insurance? It all depends on a number of factors, including the type and cost of your bike, your age, and your riding record.
Generally, though, everyone wants to snag a good insurance deal. With these tips, you’re primed to find cheap motorcycle insurance.
Explore our blog for more informative articles.
