Best 8 Motorcycle Insurance Tips to Follow For Realistic Savings

| November 28, 2012

When you hear about motorcycle insurance policies, or indeed any insurance policies, making you a saving, it’s easy to assume that means at the premium stage. It’s more likely to infer that you can make savings in the vent of having to make a claim. In other words, many of the top tips on how to make realistic savings with your insurance policy revolve around things to do to make sure you are getting the right coverage, rather than concentrating on crushing your premium costs.

  1. The real value of your bike is vital to successful motorcycle insurance. So the first thing you need to do is find out how the insurer calculates the value of your machine before you insure it. If you don’t like the answer, walk away and find another provider.
  2. Find out how your bike is classed, too. If your insurer classes it as a performance or sports bike and you don’t think that it is, make some calls and see if you can find another insurer who shares your views. The higher the classification of your bike by the insurer the more expensive it will be to insure.
  3. Some training courses may bring your costs down. Find out from your insurer if they would reduce your premium on completion of an advanced bike certification.
  4. Your own history is a factor. Ride carefully at all times, avoid incurring traffic fines and other traceable infringements. The more evidence there is that you are a historically good rider, the cheaper it will be to insure your bike.
  5. Find out what your motorcycle insurance provider will pay for and what it will not. The cost to you of your insurance can go through the roof in a situation where you think you are covered for something and you are not – because then you have to bear the costs yourself, in addition to all those premiums you have paid.
  6. Your age can affect the overall cost of your premiums. So really one tip for making a realistic saving on your motorcycle insurance is simply this: get older. The older you are and the fewer claims you have made (the ideal number is none), the better the costs of your insurance policy.
  7. Don’t claim. This is a sort of no brainer clause, but it has to be inserted because it is the one guaranteed way of bringing down your premiums over the years. Don’t crash and don’t claim and you will pay less and less for your motorcycle insurance as you get older.
  8. Store your be in a secure location. Insurance premiums go way up if you have a bike parked on a street. For preference, you need a secure off-road garage that can be shut, locked and alarmed. Be aware that you will have to prove this to your insurer, normally with photos and even a certificate from the company that installed your alarm.

It is possible to bring down the cost of your motorcycle insurance when you know how – the trick, of course, lies in understanding the key factors that affect insurance prices.

It is possible to bring down the cost of your motorcycle insurance when you know how – the trick, of course, lies in understanding the key factors that affect insurance prices.

Author Bio
Ms. Emily provides expert advice on the various Insurance problems individuals face during their lives. For this reason, she writes and encourages people to spend their money properly in motorcycle insurance so that they don’t fall in trouble after any kind of accident.


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