Getting The Best Bike Insurance Deal
- Author Al Callaghan
- Published November 16, 2010
- Word count 420
Much like car insurance, bike insurance has a lot of variables affecting price. Insurance is likely to be the biggest expense after you purchase your bike, so it is important to shop around for the best motor bike insurance quotes. Here are some tips to help you save money on insurance.
Type of Bike And Insurance Quotes
The type of bike and how expensive it is will largely affect the price of bike insurance. An expensive bike will cost more to replace, so premiums will be higher as well. A powerful, fast bike is also more expensive to insure because it will be capable of higher speeds. Bikes that can go faster are at a higher risk for accidents and these accidents can cause more damage than bikes at lower speeds. How old your bike is can also affect insurance quotes. Older bikes are cheaper to repair, but bikes older than twenty years old typically have higher parts that are harder to find. New bikes and classic bikes tend to be higher to insure.
Bike Usage
How often you ride your bike also affects insurance prices. If you only ride during the summer, you are less likely to have an accident because you only use your bike half of the year or less. If your bike is purely for pleasure you will be riding it less than if you use it to commute so insurance will also be less. Where you store your bike can also affect insurance costs. If you store your bike in a locked garage or use anti-theft devices, your insurance might be cheaper.
Personal Driving History
Any claims made in the last five years can also raise your insurance costs. Age is also a large factor, with riders younger than 25 typically having higher premiums. Women tend to be safer riders, so their premiums can be lower than for men.
Type of Coverage
Insurance ranges from covering only another party to covering yourself and anyone you may have an accident with. Obviously, the more the insurance company is expected to cover, the higher your premiums will be. Although it is cheaper to not to have full coverage, if you can't replace your bike in the event of an accident, it is worth it to purchase full coverage insurance.
Many factors can affect motor bike insurance quotes. Before deciding on an insurance company, do some comparison shopping to see where you get the best deal. Be sure you get enough coverage for your needs and required by law.
Al Callaghan writes articles on money and personal finance news including where to find the best car insurance policy.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- The Transformative Power of Yamaigel’s Certified Gel Eye Masks
- Checking account with cell phone protection!
- Keeping Cool This Summer: Air Conditioning Installation Services in Milwaukee
- A DIY Guide to Fixing Your Garage Door (with a Call to Garage Door Magnolia When All Else Fails!)
- Can a Bent Garage Door Be Bent Back into Shape? Don't Panic, Call Kiki Garage Door!
- How Can I Tell If My Garage Door Opener Sensor Is Bad?
- Maximizing Profitability: The Economics Behind Customizable Design Assets
- Exploring the Hidden Gems of Si Racha, Thailand
- DIY vs. Professional Movers: Pros and Cons in 2024
- MK Web Celebrates Top Position in Bourne's Premier Web Design Rankings
- The Road to Sobriety: Understanding Substance Use Disorders
- MotorKote Ultimate 40/60 Synthetic Hyper Mix 5W-30
- Exploring Denver on a Dime: A Frugal Travel Guide
- Top 10 Ways Production Scheduling in Business Central Transforms Manufacturing
- Strength Training and it's Incredible Benefits for Fat Burning
- Enhancing Home Security with Aluminum Shutters: A Focus on Weatherwell Elite
- 5 Easy Ways to Make Oral Hygiene Fun for the Whole Family
- Transforming Plastic Extrusion Machines into Recycling Powerhouses
- Unraveling the Potential of Plastic Extrusion Machines
- The Rise of Plastic Recycling Machines: A Step Towards Sustainability
- Strawberry Cheesecake Ice Cream: OMG! Unreal!
- The Advantages of Using Professional Home Cleaners in Ilford
- 8 Compelling Reasons to Hire Professional Home Cleaners
- The 12 Steps Narcotics Anonymous Program To Recovery
- Send Money to Tanzania: Effortless Transfers with SafariRemit
- Stylish Savings: 10 Frugal Ways to Stay Fashionable in 2024
- Fly Cheap With FlightPapa To Any City
- How Collaborating with a Software Development Company Can Propel Your Business Forward
- A Comprehensive Guide to Choosing the Best Hair Transplant Method
- 15 Frugal Tips for a Memorable Wedding Day