Steps You Can Take To Keep The Cost Of Motorbike Insurance Down
Many people still seem to be under the impression that it costs a vast amount of money to insure a motorbike
. While this may have been the case a few years ago, it certainly isn't the case any more.Insurance companies that once turned motorcyclists away are now welcoming them with open arms. This change in attitude has inevitably lead to a fiercely competitive market, and for the man on the street, this means cheaper prices.
One of the first questions an insurance company will ask you when you contact them for a quote, is what type of bike you have. They'll want to know the make and model, and also the engine capacity. The reason they want to know what make of bike you have is because certain makes tend to get stolen more than others.
They'll want to know what model it is because obviously new bikes are more than risk to them than what older bikes are. Their interest in engine capacity stems from the fact that big bikes go faster than small bikes, so of course they're more likely to be involved in an accident, and they're also more likely to get stolen.
Ideally, if you're new to the world of motorcycling, you should focus on a modest size of bike for the first few years, or at least until you have two or three years no claims history. Motorbike insurance is certainly going to cost you less if you've been riding for a few years without submitting any claims.
Insurance companies will also want to know how old you are. Unfortunately, if you're under the age of 25 then you need to acknowledge the fact that bike insurance is going to cost you more than what it would have had you been a little bit older. There is simply nothing you can do about this, so your best bet would be to shop around as much as possible, because some providers to seem to be slightly more lenient as far as age is concerned.
Irrespective of which insurance company you get in touch with, they will always want to know where you keep your bike at night and at times when it's not be used. Motorbikes which are left outside on the road are more likely to be stolen or damaged, and this is of course something which insurance companies take into consideration. If on the other hand your bike is parked in a garage, or at least in your driveway, you can expect to have your rates reduced.
You may also be able to qualify for lower rates if you declare an estimated mileage. This is commonly referred to as being limited mileage cover, and what it basically means is that you are not allowed to exceed the agreed mileage limit. That doesn't mean you cannot ride your motorbike once you reach the limit, but you would have to contact your insurance company in order to have the limit adjusted. If you were to have an accident, and it was discovered that you had exceeded the limit without advising the insurance company, they would be legally entitled to cancel your policy without honouring your claim.
These steps mentioned in this article are certainly not the only things you can do in order to keep the cost of cover down. however they do have a significant influence on insurance rates. Over and above everything else, never hesitate to ask questions, because in nine cases out of ten, you can still manage to get some additional discount as well.
For example, find out if your motorbike insurance company is willing to offer you a discount if you complete one or other advanced driving course. As a last resort, you could also ask for your excess amount to be raised the so that your premiums can be reduced. Finally, make sure you get quotes from several companies before you make a final decision.
by: Tom Jones Cardiff Personal Trainer Climbs Kilimanjaro for Charity How To Avail Services Of Houston Personal Injury Attorney. Personal CORE Values! Negligence Can Become Personal Cree Su Diccionario Personal De Exito Personal Gravity Part 2 - Filters How To Choose A Good Personal Trainer What Every Small Business Owner Needs To Know About Commercial Business Insurance How to find the top Chicago personal injury attorneys Personal Injury Lawyer Can Help In Newborn Injury Cases Looking for A Great Value Christening Gift? Personalise it! Looking For A Gift? Personalise it! Benefit from a Personal Injury Attorney