4 Smart Tips to Save on Motorcycle Insurance

While motorcycle riding can be a fun activity, it can also be dangerous, especially when proper care is not taken. To prevent accidents and damages, it is important to wear the necessary safety gear, such as a helmet.

For more protection, you should sign up with a motorcycle insurance company. This will provide coverage for you and your motorcycle when you encounter a mishap. However, comprehensive insurance policies can be a little expensive. This article will help solve this problem.

Below, we will reveal four tips you can use to save on motorcycle insurance.

Read along to find out what they are!

Smart Ways to Save on Motorcycle Insurance

  1. Consider the Size of Your Bike

To begin with, remember that the bigger the motorbike, the more you’ll have to pay for insurance. This is because insurance companies assess risks before deciding on the rate of premiums. For motorcycle insurance, they focus on different factors, such as the power of the bike. Now, the more power a bike has, the easier it will be to increase its speed, which ultimately increases its chances of collision. This is why you will pay a higher premium for a big motorcycle. If you want to avoid this, try going for smaller motorcycles.

  1. Increase Your Deductibles

Similar to other insurance types, increasing your motorcycle insurance deductible is an effective method of reducing your premium. If you can afford to, double or triple your deductible. By doing this, you could save as much as 10 or even 15 percent of the total insurance premium.

  1. Complete a Motorcycle Training Course and Become Certified

Several states offer motorcycle safety courses available for both novice and expert bike riders. These inexpensive courses focus on teaching everything there is to know about bike riding. This includes how to properly operate a motorcycle, control it in various situations, avoid accidents, and what to do when you are involved in an accident.

Many motorcycle insurance companies offer discounts to riders who complete these courses. They do this because they believe riders who complete the courses are better equipped to ride motorcycles and overcome the accompanying road dangers.

  1. Become a Member of a Motorcycle Riders Club

Some insurance companies offer discounts to members of motorcycle riders clubs. You can join many such clubs, including Harleys Owners Group, Honda Riders Club, and BMW Motorcycle Owners. Since not all insurance companies offer these discounts, make sure your prospective provider offers such discount and that your club is eligible for the discount.

Follow these tips to cut down on your motorcycle insurance costs. To get the right coverage to address your needs, contact the experts at VGW Insurance.  Located in Texas, our dedicated team is ready to assist you with all your insurance needs.