Discount Motorcycle Insurance makes it easy to find low-cost coverage from major companies, but there are many tips riders can use to save even more.
Riders can also complete safety courses, install safety equipment such as anti-lock brakes or electronic alarms, or simply be more financially responsible. Insurers often look at credit scores and bill paying habits. These have correlated with safety records, so the system is set up such that if one pays their bills on time, their insurance rate may be lower.
Another good idea is to decide on the coverage needed. Premium costs can be reduced by raising the deductible, because the insured is willing to pay more for claims. Adding coverage for extras such as chrome accessories or sidecars can also lead to savings. Other strategies for saving are to exclude a rider with a poor record, leave out guest passenger liability, and to decrease coverage on older bikes. Also ask for discounts the insurer may provide, especially if it’s an older bike or it is not driven that often.
The style of bike is important. High risk models such as sport motorcycles are often charged higher premiums. Riders should therefore factor this in when deciding on the type of motorcycle they want to ride. It’s also smart to check driving records, as erroneous violations sometimes appear; these can actually result in paying a higher rate.
Sometimes being loyal to one particular insurance company will result in renewal discounts and price breaks. This is a benefit of the competitiveness in the insurance industry. There are many factors to consider when shopping around for motorcycle insurance. Also, check rates on Discount Motorcycle Insurance which is available 24/7 to help riders save.
DiscountMotorcycleInsurance.com is an online resource based in Viera, Florida that provides low-cost motorcycle insurance quotes. Founded by Rick Murray the site has been in operation for 15 years.