Live to Ride, Ride to Live – and Save Money in the Process
According to the U.S. Department of Transportation Federal Highway Administration, in 2016, there were 8.6 motorcycles on the road and 88,000 motorcycle riders and passengers suffered injuries. Those are the type of statistics your mom worried about when she warned you to “never to ride a motorcycle.”
However, despite mom’s advice, many of us have a lifelong love of motorcycle riding. And part of being a cyclist is carrying insurance. Here is our advice on how to get the best insurance at the best price.
- How clean in your driving record?
A clean driving record – one with no or very few accidents, tickets or violations – can qualify you for significant discounts.
- Do you belong to a club?
Motorcycle clubs sometimes offer discounted rates to members. They’re also a great way to compare notes with other bikers, get recommendations, and see who’s paying what. Examples include Harley Owners Group, BMW Motorcycle Owners of America, and the American Motorcyclist Association.
- How much seat time do you have?
You riding time and experience can also save you some money. The amount of seat time you have and how much of that time has been spent riding the specific motorcycle to be insured are both factors that can help reduce your premiums.
Have much riding do you do?
If you’re a seasonal cyclist, riding on sunny weekends or avoiding winter riding altogether, ask about our discounts for part-time or occasional drivers. Keep in mind that if you have a loan on the bike, the lender will likely require full coverage on it year-round.
“Riders should carry enough insurance to cover bike replacement costs, hospitalization and to avoid bankruptcy.”
- Have you shopped around?
It used to be that only a few major insurance carriers offered motorcycle insurance, but today, it’s a buyer’s market. If you haven’t comparison-shopped, good. Because we do it for you. As an independent insurance agency, we work for you, not a specific insurance company. Meaning, we can do the shopping around and comparing for you and present you with the best option customized for you.
5. Did you get enough coverage for extras?
Regular motorcycle insurance policies don’t cover any enhancements you have made to your bike, such as chrome accessories, custom paint, or a sidecar. We can customize your coverage so that it covers everything from a full bike replacement to medical payments if you get in an accident.