Consider: What price can I pay if my motorcycle is in an accident, damaged or stolen?
Ask: What could my cost savings be if I raise my deductible?
Ask: About discounts for participating in a motorycle saftey class, or for having multiple policies. (You could also save money if your motorcycle is stored in a garage or if you belong to a motorcycle association.
Consider: How much medical and liability coverage do I need?
Ask: What’s the process for filing and settling a claim?
Tips for Saving Money on Motorcycle Insurance.
There are many points to consider when purchasing motorcycle insurance. These can include, age, driving record, location, motorcycle model, and whether or not you’ve taken a rider-training course.
To help reduce premiums, it is a good idea to maintain a driving record clear of violations.
If you live in a northern state, you may have access to purchase what is known as a “lay-up” policy, in which all non comprehensive coverage is suspended during winter months.
There are discounts from around 10 – 15 percent on motorcycle insurance from most companies for riders who have taken rider-training courses with associations such as MSF (Motorcycle Safety Foundation). This course is great for riders under the age of 25 (whom are usually considered a higher risk), as they will see some savings by taking this course. If you’re a rider who has already had an accident, this may be a good idea for you as well.
Keep in mind that the type, style (such as a sports bike vs. a cruiser) and age of the motorcycle, as well as the number of miles you drive a year and where you store your bike may also affect how much you pay for your premium.
There are many discounts available for motorcyclists with insurance. Ask us about multi-bike discounts, organization discounts, and mature rider discounts for experienced riders. Discounts can range anywhere from 10 percent to 20 percent, depending on the company and your state. Availability and qualifications for discounts vary from company to company and state to state.
Dan Sullivan Insurance in Fort Walton Beach can help you save money on motorcycle insurance, and make sure you get the coverage you need!