If you’re looking for motorcycle insurance tips, you’ve come to the right place. We’ve compiled the most useful tips to lower your premiums and keep your policy intact. If you’re a new driver or a seasoned pro, read on for helpful hints. You’ll be glad you took the time to read this article. If you’re looking for a new policy, check out our Motorcycle Insurance Tips to Save Money
Less expensive motorcycles
Insuring a motorcycle can be much cheaper than that of a car or truck. Despite the lower price, insurance policies can offer extras such as roadside assistance and accessories coverage. It is important to understand what exactly is included in your policy. Here are some options. For instance, if you buy a 2015 Nissan Versa, you can expect to pay only $1,326 per year for a policy. A similar policy will cover a more expensive model, but you may find the cost of the insurance to be much lower than you expected.
Motorcycle insurance policies can come with a high excess level. Typically, you can pay up to PS1,000 in excess coverage for an accident. But be aware that you’ll only be covered up to that amount if you’re under 24 years old, and some policies don’t cover non-UK residents. Excess insurance is worth considering if you want to reduce the amount you pay each year for your policy.
Increasing the excess on your policy
Increasing the voluntary excess on your motorcycle insurance policy will lower the premium you pay by around five to ten percent. You should make sure you understand what this amount means, and whether you want to increase it or not. The amount you pay as an excess will not change if you make a claim, but it will add up. Be realistic when setting your voluntary excess, though. This method of lowering the premium is particularly useful if you’re a young driver. It is not that great if you already have an age and are a successful DC sports injury lawyer or any other profession. But, it is great when young.
Avoiding high premiums
If you’re looking for cheap motorcycle insurance, there are several factors to consider. The type of bike you own will play a role in the cost. For example, sports bikes are more expensive than standard motorcycles. This is due to the increased speed of the bike and the increased risk of accidents, injuries and damages. Also, if you plan to buy a new motorcycle, make sure to look for insurance that will cover these extra costs.
Buying a multi-motorcycle policy
If you have multiple bikes, you may be considering buying a multi-motorcycle policy. In a multi-motorcycle policy, your policy will cover all your bikes, even if you only ride one at a time. This will keep your premiums low by reducing the number of bikes on the road. Some policies will also allow you to add named riders, but that can increase your premiums. You should check your policy’s details before making the purchase.