Cheap Motorcycle Insurance Buyers Guide

Tips on how to get Cheap Motorcycle Insurance Now that you know how the motorcycle insurance company will view and rate you, and what types of coverage are available, here are some tips on how to get a good deal: 1. Shop, Shop, and Shop More: Insurance can vary widely in the same region. Do not assume that your existing insurance company for your car, home, etc. will offer you the best deal. Take a whole day to call as many companies as you can to get a rate quote. Shopping around for insurance can sometimes be the single best way to cut your insurance costs. The more companies you call the better chance you will find a great deal on cheap motorcycle insurance. When you are comparing companies, reduce your best quote by 5 - 10% to see if it can be matched. 2. Securing Your Bike: What can you do to keep your bike more secure? If you can garage your bike, alarm it, or secure it somehow while it is parked, you may be able to secure yourself some discounts on your insurance. 3. Don't Over insure: Remember, if something happens to your motorcycle, you will only receive the market value so over insuring will not help you get a higher price for your bike. 4. Mileage: If you only ride your bike once in a while during the summer for pleasure, you should be able to get a better rate if you can keep your mileage low. Also, if you do not carry passengers, this can lower your rate as well. 5. Special Motorcycle Training: Taking special DMV or other motorcycle classes can help decrease you rate. Just make sure you keep your certification documents handy for the insurance company to view. Also, some associations have contracted discounts for their members. It cannot hurt to check this out as well. 6. Provide Honest Information: If you falsify information in obtaining a quote and coverage from the motorcycle insurance company, if the need arises to file a claim and the motorcycle insurance company determines you have provided false information, they will not process your claim and you can be pretty sure that they will drop your coverage. NOTE: There is no reason to overpay one insurance company when another one is willing to give you a better deal. If an accident would occur you will get the same value for your bike regardless of what company you choose. By taking the time to find out how the insurance company will view you, your bike, and your riding habits, you can learn how to save while still getting a great policy. Talk to the cyclist or salesperson who sold you the motorcycle, and also look through motorcycle magazines, motorcycle Web sites and the yellow pages. Dealerships don't always work with the best companies, and you might get talked into a policy you don't want.