In the view of some insurance companies, motorcyclists get a bad rep. But with modern education regarding road safety that needn’t be the case. Motorcyclists are looking to spend good money on their machines and equipment these days, and will spend time looking after them more.
It is worth shopping around to get the best deal for your motorcycle insurance because it depends on your age and situation and all insurance companies will view you differently. Of course, the cost of the premium package will also depend on the type of cover you need.
The main things that will affect your level of cover are-
1. Your age: As with car insurance the age of the rider has an effect on the premium. Obviously, the younger you are more expensive insurance can be.
2. Security: The thing with motorcycles is that they are easy to steal. While none of us like to think of our shiny new machines been stolen the fact is that there are some nasty people out there who want to make money out of your motorcycle. At the very least you should have a secure insurance approved lock and where possible you should keep your bike garaged.
3. The number of miles you plan to do: If you don’t plan to ride your motorcycle all year round and is more of a fun machine than a means of transport, then try to calculate the amount of miles are likely to do and don’t pay more than is necessary for your insurance premium. Clearly the less you on the road the less likelihood there is that you have an accident and therefore the lower your premium will be.
These days’ most insurance companies have online quote services. Even better are the insurance comparison sites that will offer you a great view of the market. It is well worth spending some time getting as many quotes as you can as this could end up saving you big money. Money, which you could put towards some extra equipment for your bike or perhaps your first biking holiday.
It is also worth spending some time looking at companies, which offer deals along with the insurance. This can sometimes be things such as insurance approved lock, or even entry into competitions to win things like holidays.
One last thing worth mentioning is that you don’t have to accept the first price offered. If you want to take your insurance out with a certain company but can find the same deal cheaper elsewhere and it is always worth giving your chosen company call and see if they’ll match the price. This is another simple way to save money on your motorcycle insurance.
Hopefully, by following the above steps you will save some money when you come to buy your motorcycle insurance but the steps are equally applicable to auto insurance.