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Motorcycle Insurance - Use These Tips And Pad Your Pockets

If you are buying insurance for a motorcycle for the first time, there is a lot of information that you need to know. While it may seem expensive to purchase your policy at first, you'll find that there are a variety of tips and tricks that you can use to get some nice savings on the insurance. Start using the following tips and you'll pad your pockets.

1. Take training course:

When you want to buy motorcycle insurance, one tip that will help you to save some money is to take a training course as a new rider. Go with a course that is approved. It will help you to become a much better rider and in many cases, insurance companies will give you a break on your insurance as well.

2. Be careful:

It sounds like common sense, but simply being careful on your motorcycle can help you to save as well. If you have a bad driving record or a lot of accidents in the past, you will definitely end up paying a lot more. A good record can help you save huge amounts of money so be careful on your new bike.

3. Use an anti theft device:

Make it a priority to buy an anti theft device and then use it on your bike. Motorcycles are often the targets of theft but if you purchase one of the many anti theft devices available for bikes today, you stand a good chance of getting a discounted rate. Make sure it is installed for the optimum discount from the company.

4. Go with a bike that is cheaper to insure:

Going with a bike that is cheaper to insure can help you to get a better deal on the motorcycle insurance you are purchasing too. There are some bikes that will cost you more. Bikes that are known to be the targets of theft are going to end up raising your premiums. Do some research to find out about bikes that are not a big target, which will lead to savings down the road.

5. Ask for discount options:

If you really want to save, don't be afraid to ask for discount options. Depending on the insurer that you go with, there may be a variety of discounts that you can qualify for. Some of the most common discounts can be discounts for multiple vehicles, discounts for being involved in a motorcycle association that is recognised and there are other discounts available. If you don't take time to ask, you can really miss out on some great savings.

6. Increase the voluntary excess:

The voluntary excess is what you have to pay when you make a claim. The lower that is, the higher the premium will be. If you raise the voluntary excess it can help you to save on the premiums you pay on the insurance for your motorcycle. However, just remember you will have to come up with this amount before the company is going to pay out on any claim you make in the future.

7. Shop around:

Shopping around is an excellent way to save on your motorcycle insurance. Going with the first quote is not going to save you money. Compare various options and find a good policy for a price that will help you save as much as possible.

by: Tom Jones




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