AllRisk Auto Insurance, LLC Blog
Motorcycles hit the road every summer. However, in order to spend your summers atop your prized motorcycle, you need to have motorcycle insurance. Whatever type of motorcycle you have, you need protection for it. After all, it would not be easy buying a replacement in case it breaks down. Nonetheless, you don’t have to break your budget with your motorcycle insurance. Here are some tips that you can do just to slash your insurance costs.
Be careful when choosing your motorcycle.
The rule of thumb is the more expensive your bike, the more expensive its insurance will be! Thus, take care not to buy something too expensive if you think you won't be able to handle its insurance costs. Larger engines usually result in large insurance premiums. Moreover, bikes that have lots of chrome also tend to have higher insurance cost. Also, sports bikes may cost the highest as insurers usually classify them as high-risk.
Take a safety class.
When it comes to discounts, one of the best ways to get one is to take a safety class for driving motorcycles. If you have enough knowledge of driving safety, you can save money for your motorcycle insurance now. This would benefit you as it could help you ride better while keeping your insurance record claim-free.
Install an anti-theft device.
If you install an anti-theft device in your motorcycle, it will be a win-win situation for you and the insurance company. An anti-theft device may include locks and chains as well as an alarm. It may also include a GPS tracking system. Your insurance company may specify certain devices that they can approve for discounts, so it is better to consult with your insurer first.
Join a motorcycle riding club.
If you join a motorcycle club, one of its benefits is that you might be able to save up to 10 percent off when it comes to your insurance premiums. The thing is that you should ask around which of the listed motorcycle clubs have the best offers when it comes to benefits. Aside from the American Motorcycle Association, there are many more clubs with which you can get affiliated.
Some Final Words
Owning a motorcycle definitely requires insurance but you have to do what you can to think of the best way to slash insurance costs. The most important thing is to think twice before buying a high-risk and expensive motorcycle. The wise decision is to consult with your insurer first even before buying a motorcycle.
At AllRisk Auto Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get the insurance that fits your needs. You can get more information about our products and services by calling our agency at (360) 693-4044. Get your free quote today by CLICKING HERE.
I like that you talked about how the type of bike you have can also affect the costs of the motorcycle insurance policy you plan to get. As you mentioned, the more expensive the ride, the higher the rates would be. I will share this information with my brother because he plans to buy one for himself, since it has been his dream when we were younger.
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